13 June 2025

ASEANA PROPERTIES LIMITED
("Aseana" or the "Company")

Extension of Commercial Paper and 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 a tranche of medium term notes with nominal value of 20.0 million Malaysian ringgit (eq. c.$4.7 million) (the "MTN").

The extension to the repayment date for this tranche of MTN follows on from the extensions secured for an earlier 18 tranches of medium term notes with an aggregate nominal value of 17.1 million Malaysian ringgit (eq. c.$4.0 million), as announced by the Company on 24 February 2025, 5 March 2025 and 7 April 2025 respectively.

MTrustee Berhad ("MTrustee"), the trustee of the MTN and Potensi Angkasa Sdn. Bhd. ("Potensi Angkasa"), a wholly owned subsidiary of the Company, have agreed for a time extension of 180 days for Potensi Angkasa to make full payment of the nominal value together with any accrued unpaid coupon for the MTN. As such, the existing maturity date of 12 June 2025 for the MTNs have been extended to 9 December 2025 and the coupon rate payable is to be maintained unchanged at 7.5%, calculated on the basis of the actual number of days elapsed on a 365-day basis, as opposed to the previously agreed term where the coupon payable was calculated on a semi-annual basis for early redemption.

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