DIGI.COM BERHAD (“DIGI” OR “COMPANY”)

(I)   PROPOSED MERGER OF CELCOM AXIATA BERHAD (“CELCOM”) AND DIGI (“PROPOSED MERGER”); AND

(II)  PROPOSED EXEMPTION UNDER PARAGRAPH 4.08(1)(A) OF THE RULES ON TAKE OVERS, MERGERS AND COMPULSORY ACQUISITIONS (“RULES”) FOR AXIATA GROUP BERHAD (“AXIATA”) AND PERSONS ACTING IN CONCERT (“PAC”) WITH IT, FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER TO ACQUIRE THE REMAINING ORDINARY SHARES IN DIGI NOT ALREADY OWNED BY IT AND ITS PACs UPON COMPLETION OF THE PROPOSED MERGER (“PROPOSED EXEMPTION”)

(THE ABOVE ARE TO BE COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcements dated 8 April 2021, 21 June 2021, 24 November 2021, 28 January 2022 and 1 April 2022 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions as set out in the Announcements shall apply herein.

On behalf of the Board of Directors of Digi, CIMB Investment Bank Berhad wishes to notify that Digi and Axiata have agreed to extend the date by which the conditions precedent as set out in the SPA are to be satisfied or waived in accordance with the terms and conditions of the SPA (“Long Stop Date”) from 21 June 2022 to 31 December 2022 or such other date as mutually agreed in writing between the parties.

Save and except for the extension of the Long Stop Date, all other terms and conditions of the SPA remain unchanged.

This announcement is dated 17 June 2022.