Extension of Medium Term Notes Repayment Date

Aseana (LSE: ASPL), a property developer in Malaysia listed on the main market of the London Stock Exchange, announces an extension to the repayment date for 7 tranches of the medium term notes with nominal value of 6.65 million Malaysian ringgit (eq. c.$1.6 million) (the "MTNs").

The extension to the repayment date for these tranches of the MTNs follows on from the extensions secured for the previous 9 tranches of MTNs with an aggregate nominal value of 8.55 million Malaysian ringgit (eq. c.$1.9 million), as announced by the Company on 7 April 2025, two of which have been redeemed prior to the maturity date.

MTrustee Berhad ("MTrustee"), the trustee of the MTNs and Potensi Angkasa Sdn. Bhd. ("Potensi Angkasa"), a wholly owned subsidiary of the Company, have agreed for a time extension of 60 days for Potensi Angkasa to make full payment of the nominal value, together with any accrued unpaid coupon for the MTNs. As such, the existing maturity date of 30 September 2025 and 13 October 2025 for the MTNs have been extended to 1 December 2025 for four tranches and 12 December 2025 for three tranches and the coupon rate payable is to be maintained unchanged at 7%, calculated on the basis of the actual number of days elapsed on a 365-day basis, the same terms as previously agreed as part of the extension of the maturity date announced on 7 April 2025.