Affin Bank Berhad ("ABB" or "the Company")wishes to announce that the ordinary resolutionset out in the Notice of Extraordinary General Meeting ("EGM") dated 26April 2022was duly passed by shareholders at the EGM held on 25May 2022.

The resolution was voted by poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and the result of the poll was validated by Messrs Asia Securities Sdn Bhd, the independent scrutineers appointed by the Company.

Please refer to the attachment for the detailed poll result.

This announcement is dated 25 May 2022.

PROPOSED DIVESTMENT OF 7,000,000 ORDINARY SHARES IN AFFIN HWANG ASSET MANAGEMENT BERHAD (AHAM),
REPRESENTING 63% EQUITY INTEREST IN AHAM, BY AFFIN HWANG INVESTMENT BANK BERHAD (AFFIN HWANG IB) TO
STARLIGHT ASSET SDN BHD (PURCHASER) FOR THE PROVISIONAL CONSIDERATION OF RM1,417.5 MILLION, SUBJECT TO
THE CLOSING ADJUSTMENTS AS WELL AS THE TERMS AND CONDITIONS AS SET OUT IN THE CONDITIONAL SHARE SALE AND PURCHASE AGREEMENT DATED 28 JANUARY 2022 ENTERED INTO BETWEEN AFFIN HWANG IB AND SELECTED KEY SENIOR MANAGEMENT OF AHAM (COLLECTIVELY, THE VENDORS) AND THE PURCHASER (SPA) (PROPOSED DIVESTMENT)