Shareholdings

Size Of Shareholdings

As at 24 February 2022

SHARE CAPITAL

Issued : 7,826,271,010 Ordinary Shares
Voting Right : One vote per Ordinary Share

* Less than 5% of issued holdings

** 5% and above of issued holdings

Notes
Information in the above table is based on the Record of Depositors dated 24 February 2022.

Category of Shareholders

As at 24 February 2022

Notes
Information in the above table is based on the Record of Depositors dated 24 February 2022.

Directors' Interest in Shares

As at 24 February 2022

Based on the Register of Directors' Shareholdings and the Record of Depositors, the interests of the Directors in the shares of the Company (both direct and indirect) as at 24 February 2022 are as follows:

Notes

  • #  Negligible
  • (1)  Deemed interest in shares of the Company held by spouse pursuant to Section 59(11)(c) of the Companies Act 2016.

Chief Executive Officer's Interests in Shares

As at 24 February 2022

The interests of the Chief Executive Officer in the shares of the Company (both direct and indirect) as at 24 February 2022 are as follows:

Notes

  • #  Negligible
  • (1)  Deemed interest and these shares are currently held by CIMB Commerce Trustee Berhad or its nominee pursuant to the terms and conditions of a share-based incentive arrangement arising under the employment agreement entered by him, as Chief Executive Officer of Maxis, with Maxis Broadband Sdn Bhd ("Employment Agreement"), a whollyowned subsidiary of Maxis. Pursuant to the aforesaid arrangement, a cash incentive was used to acquire shares of Maxis from the open market and such shares are currently held by CIMB Commerce Trustee Berhad or its nominee. These Maxis shares shall, subject to the satisfaction of the vesting conditions and the terms and conditions of the Employment Agreement, vest in him on 30 June 2022. The vesting conditions comprise, amongst others, the performance targets for the financial years 2019, 2020 and 2021, as stipulated by Maxis' Remuneration Committee.
  • (2)  Deemed interest and these shares are currently held by CIMB Commerce Trustee Berhad or its nominee pursuant to the terms and conditions of a share-based incentive arrangement arising under the employment agreement entered by him, as Chief Executive Officer of Maxis, with Maxis Broadband Sdn Bhd ("Employment Agreement"), a whollyowned subsidiary of Maxis. Pursuant to the aforesaid arrangement, a cash incentive was used to acquire shares of Maxis from the open market and such shares are currently held by CIMB Commerce Trustee Berhad or its nominee. These Maxis shares shall, subject to the satisfaction of the vesting conditions and the terms and conditions of the Employment Agreement, vest in him on 30 June 2023. The vesting conditions comprise, amongst others, the performance targets for the financial years 2020, 2021 and 2022, as stipulated by Maxis' Remuneration Committee.
  • (3)  Allotment and issuance of new shares in Maxis to him pursuant to the vesting of shares granted on 27 December 2018 under the Maxis LTIP. The shares were granted to him as Chief Operating Officer and now vested in him as Chief Executive Officer.
  • (4)  Deemed interest and these shares are currently held by CIMB Commerce Trustee Berhad or its nominee pursuant to the terms and conditions of a share-based incentive arrangement arising under the employment agreement entered by him, as Chief Executive Officer of Maxis, with Maxis Broadband Sdn Bhd ("Employment Agreement"), a whollyowned subsidiary of Maxis. Pursuant to the aforesaid arrangement, a cash incentive was used to acquire shares of Maxis from the open market and such shares are currently held by CIMB Commerce Trustee Berhad or its nominee. These Maxis shares shall, subject to the satisfaction of the vesting conditions and the terms and conditions of the Employment Agreement, vest in him on 30 June 2024. The vesting conditions comprise, amongst others, the performance targets for the financial years 2021, 2022 and 2023, as stipulated by Maxis' Remuneration Committee.

30 Largest Shareholders

As at 26 February 2021

Notes
Information in the above table is based on the Record of Depositors dated 24 February 2022.

Information on Substantial Shareholders

As at 24 February 2022

The shareholders holding more than 5% interest, direct and indirect, in the ordinary shares in Maxis Berhad ("the Company") ("Shares") based on the Register of Substantial Shareholders of the Company as at 24 February 2022 are as follows:

Notes

  • #  Negligible
  • (1)  BGSM Management's deemed interest in the Shares arises by virtue of BGSM Management holding 100% equity interest in BGSM Equity.
  • (2)  BGSM's deemed interest in the Shares arises by virtue of BGSM holding 100% equity interest in BGSM Management. See Note (1) above for BGSM Management's deemed interest in the Shares.
  • (3)  UTE's deemed interest in the Shares arises through its wholly-owned subsidiaries, namely, Wilayah Resources Sdn. Bhd., Tegas Puri Sdn. Bhd., Besitang Barat Sdn. Bhd. and Besitang Selatan Sdn. Bhd. which hold in aggregate 37% equity interest in BGSM. See Note (2) above for BGSM's deemed interest in the Shares.
  • (4)  Usaha Tegas' deemed interest in the Shares arises by virtue of Usaha Tegas holding 100% equity interest in UTE. See Note (3) above for UTE's deemed interest in the Shares.
  • (5)  PSIL's deemed interest in the Shares arises by virtue of PSIL holding 99.999% equity interest in Usaha Tegas. See Note (4) above for Usaha Tegas' deemed interest in the Shares.
  • (6)  PanOcean holds 100% equity interest in Excorp which in turn holds 100% equity interest in PSIL. See Note (5) above for PSIL's deemed interest in the Shares. PanOcean is the trustee of a discretionary trust, the beneficiaries of which are members of the family of TAK and foundations including those for charitable purposes. Although PanOcean is deemed to have an interest in such Shares, it does not have any economic or beneficial interest in such Shares, as such interest is held subject to the terms of such discretionary trust.
  • (7)  TAK's deemed interest in the Shares arises by virtue of PanOcean's deemed interest in the Shares. See Note (6) above for PanOcean's deemed interest in the Shares. Although TAK is deemed to have an interest in such Shares, he does not have any economic or beneficial interest in such Shares, as such interest is held subject to the terms of a discretionary trust referred to in Note (6) above.
  • (8)  Harapan Nusantara's deemed interest in the Shares arises through its wholly-owned subsidiaries, namely, Mujur Anggun Sdn. Bhd., Cabaran Mujur Sdn. Bhd., Anak Samudra Sdn. Bhd., Dumai Maju Sdn. Bhd., Nusantara Makmur Sdn. Bhd., Usaha Kenanga Sdn. Bhd. and Tegas Sari Sdn. Bhd. (collectively, "Harapan Nusantara Subsidiaries"), which hold in aggregate 30% equity interest in BGSM. See Note (2) above for BGSM's deemed interest in the Shares. The Harapan Nusantara Subsidiaries hold their deemed interest in such Shares under discretionary trusts for Bumiputera objects. As such, Harapan Nusantara does not have any economic interest in such Shares as such interest is held subject to the terms of such discretionary trusts.
  • (9)  His deemed interest in the Shares arises by virtue of his 25% direct equity interest in Harapan Nusantara. However, he does not have any economic interest in such Shares as such interest is held subject to the terms of the discretionary trusts referred to in Note (8) above.
  • (10)  STCM's deemed interest in the Shares arises by virtue of STCM holding 25% equity interest in BGSM. See Note (2) above for BGSM's deemed interest in the Shares.
  • (11)  STCAT's deemed interest in the Shares arises by virtue of STCAT holding 100% equity interest in STCM. See Note (10) above for STCM's deemed interest in the Shares.
  • (12)  Saudi Telecom's deemed interest in the Shares arises by virtue of Saudi Telecom holding 100% equity interest in STCAT. See Note (11) above for STCAT's deemed interest in the Shares.
  • (13)  PIF's deemed interest in the Shares arises by virtue of PIF holding 70% equity interest in Saudi Telecom. See Note (12) above for Saudi Telecom's deemed interest in the Shares.
  • (14)  EPF is deemed to have an interest in 2,687,500 Shares held through nominees.