(Unless otherwise stated, the defined terms used in this announcement shall carry the same meaning as defined in CIMB’s announcements on 28 February 2022, 1 March 2022 and 4 March 2022 in relation to the DRS (“Announcements”)).

Reference is made to the Announcements. 

On behalf of the Board of Directors of CIMB, CIMB IB wishes to announce that the issue price of the new CIMB Shares to be issued pursuant to the DRS for the Second Interim Dividend has been fixed on 14 March 2022 (“Price Fixing Date”) at RM4.29 per share (“Issue Price”). The Issue Price represents a discount of approximately 10% to the theoretical ex-dividend price of RM4.7561 per CIMB Share, which was arrived at after taking into consideration the following:

1. 5 market day volume weighted average market price up to and including 11 March 2022, being the last trading day prior to the Price Fixing Date, of RM4.8816 per CIMB Share; and
2. dividend per share of 12.55 sen per CIMB Share based on the number of issued share capital of CIMB of 10,221,451,675 CIMB Shares.

The entitlement date pursuant to the Second Interim Dividend and the DRS has been fixed on 28 March 2022.

Barring any unforeseen circumstances, the new CIMB Shares arising from the DRS will be listed on the Main Market of Bursa Securities on 26 April 2022.

This announcement is dated 14 March 2022.