Kuala Lumpur, 1 October 2026 – Digital Nasional Berhad (“DNB”) today announced the successful completion of a RM5.2 billion Syndicated Islamic Term Financing exercise, a landmark transaction that ranks among the largest syndicated loan facilities ever arranged for an unlisted company in Malaysia. For the financing, Maybank Investment Bank Berhad acted as Mandated Lead Arranger, Bookrunner and Coordinating Arranger with AmInvestment Bank Berhad, CIMB Islamic Bank Berhad, RHB Islamic Bank Berhad and United Overseas Bank (Malaysia) Berhad as Joint Mandated Lead Arrangers. AmInvestment Bank Berhad acted as Financial Advisor to DNB. This milestone marks a significant step in DNB’s evolution as Malaysia transitions to the next phase of its dual 5G network framework.

The financing strengthens DNB’s long-term financial position and facilitates the planned exit of MOF Inc. as ordinary shareholder and the transition to equal ownership among its Mobile Network Operator (“MNO”) shareholders, namely CelcomDigi Berhad through Infranation Sdn Bhd (“CelcomDigi”), Maxis Broadband Sdn Bhd (“Maxis”) and YTL Power International Bhd (“YTL”), expected in early Q4 2026. MOF Inc. will retain a special share in DNB to safeguard national interests, ensuring continued stewardship of key strategic matters while enabling the company to advance its next phase of development.

The syndicated financing exercise includes the refinancing of DNB’s Government Guarantee Revolving Credit Facility (“GGRCF”), which expired on 29 September 2026, and establishes a sustainable long-term funding structure to support the company’s future growth.

The completion of the financing coincides with the award of the full 100 MHz of the 3.3 – 3.4 GHz (“F0”) spectrum and the conversion of DNB’s entire 240 MHz spectrum holding to a Spectrum Assignment. Following the issuance of the Spectrum Assignment by the Malaysian Communications and Multimedia Commission (“MCMC”), the assignment takes effect from 1 October 2026, providing greater regulatory certainty and strengthening DNB's ability to support Malaysia's evolving 5G connectivity needs.

The 240 MHz spectrum block will enhance network capacity, efficiency and performance, enabling faster speeds, lower latency and improved customer experience. It also supports the deployment of advanced technologies, including Massive MIMO, carrier aggregation, 5G Advanced and AI-driven network capabilities, further strengthening DNB’s leadership in next-generation connectivity.

Together, the financing and spectrum assignment strengthen DNB’s ability to enhance network quality and resilience, support future demand, and advance Malaysia’s digital economy ambitions.

DNB extends its sincere appreciation to its shareholders CelcomDigi, Maxis and YTL for their confidence and continued support, and to the Government of Malaysia and MCMC for their guidance and support in advancing Malaysia’s digital transformation agenda.

DNB also thanks the financial institutions and advisers, as well as its legal counsels and other service providers whose commitment and expertise supported the successful completion of the transaction.

DNB Chief Executive Officer Datuk Azman Ismail said, “The successful completion of this RM5.2 billion financing exercise marks a significant milestone for DNB and reflects strong confidence in our business fundamentals, operational track record and long-term role in Malaysia’s digital economy. This financing provides DNB with a sustainable platform to operate on its own, continue investing in network enhancement and capacity expansion, and leverage our expanded spectrum assets.

“As Malaysia progresses under the dual network framework, DNB remains committed to providing world-class digital infrastructure that supports our shareholders, customers, enterprises and government agencies. With strong financing, enhanced spectrum resources and a proven nationwide 5G platform, DNB is well positioned to support the Government’s AI Nation aspirations and help power Malaysia’s next phase of digital growth.”