Reference is made to the Company’s announcement on 13 October 2021 in relation to the Proposed Acquisition ("Earlier Announcement”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcement.

The Board of Directors of Maxis wishes to announce that the Proposed Acquisition has been completed in accordance with the terms and conditions of the Share Purchase Agreement on even date.

The completed acquisition reinforces Maxis’ position as the leading converged solutions provider in Malaysia by enhancing Maxis’ Managed Services capability. Managed Services is the critical bridgehead linking Maxis’ best-in-class mobile and fibre network connectivity with broader solutions including cloud services and digital solutions.

This announcement is dated 14 January 2022.