Reference is made to the announcements dated 26 February 2019 and 15 April 2019 in relation to the 18th DRP.

On behalf of the Board of Directors of Malayan Banking Berhad (“Maybank”), Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 19 April 2019, approved the listing and quotation of up to 260,533,440 new ordinary shares of Maybank on the Main Market of Bursa Securities to be issued pursuant to the 18th DRP (“Listing Application”).

The approval of Bursa Securities for the Listing Application is subject to the following conditions:

(i) Maybank and Maybank IB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the 18th DRP;

(ii) Maybank and Maybank IB to inform Bursa Securities upon the completion of the 18th DRP; and

(iii) Maybank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the 18th DRP is completed.

This announcement is dated 19 April 2019.