We are pleased to announce the proposed issue by MCSM of up to 50,000,000 European-style non-collateralised cash settled call warrants over ordinary shares of GENM by way of market making.

The GENM-C2U is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. The GENM-C2U is constituted by the Deed Poll dated 19 September 2023. The GENM-C2U is subject to the terms and conditions of the Base Prospectus dated 29 September 2023. The obligations of MCSM under GENM-C2U are guaranteed by Macquarie Financial Holdings Pty Limited pursuant to the Guarantee Deed Poll dated 19 September 2023.

A summary of the principal terms of GENM-C2U is set out in the attachment.

This announcement is dated 25 March 2024.