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The Official Subordinated Bond Listing Ceremony of ACLEDA BANK PLC. on the Cambodia Securities Exchange (CSX)

February 24, 2025

Phnom Penh, on Monday morning, February 24, 2025, at the Cambodia Securities Exchange ("CSX"), ACLEDA BANK PLC. "ACLEDA BANK", the first listed Commercial Bank in Cambodia, hereby announces that the CSX and ACLEDA BANK jointly organized "The Official Subordinated Bond Listing Ceremony of ACLEDA BANK" under the highest presidency of H.E. Dr. Hean Sahib, Secretary of State of the Ministry of Economy and Finance and Chairman of the Board of Directors of the CSX, and was attended by H.E. SOU Socheat, Delegate of Royal Government in charge as Director General of Securities and Exchange Regulator of Cambodia (SERC), H.E. Hong Sok Hour, Royal Government Delegate in Charge as CEO of the CSX, Mr. Em Kamnan, Deputy Director General of Banking Supervision of the National Bank of Cambodia, Dr. In Channy, President & Group Managing Director of ACLEDA BANK, His Excellencies, Ladies and Gentlemen, representatives of institutions, and distinguished guests.

Today is the official listing date for the issuance of Subordinated Bond on the CSX for the first tranche subscription on January 22, 2025 by qualified investors in the amount of KHR 343,350,000,000 equivalent to USD 85,837,500 resulting in gaining investors confidence over expectation.

ACLEDA BANK has obtained an approval from the National Bank of Cambodia ("NBC"), and Securities Regulator of Cambodia ("SERC") for Subordinated Bond Issuance in the amount of KHR 400 billion equivalent to USD 100 million in accordance with the relevant laws and regulations. Simultaneously, ACLEDA BANK will inform investors and the public about the second tranche subscription of the subordinated bond later.

Dr. In Channy, President & Group Managing Director of ACLEDA BANK, said "I believe that this issuance of Subordinated Bond will provide investors and customers with an additional investment option with ACLEDA BANK. In addition, this issuance of Subordinated Bond is a crucial contribution to promoting the growth and expansion of the capital market in Cambodia and a new mechanism for collecting domestic capital funds to support customers and contribute to the development of the national economy and society. The Subordinated Bond is also a common financial instrument that banks around the world including ACLEDA BANK, have been using for strengthening and supporting the bank's capital and sustainable business growth with the trust from customers and the public."

About ACLEDA BANK

ACLEDA BANK, has 4 subsidiaries including ACLEDA University of Business Co., Ltd., ACLEDA Securities Plc., ACLEDA Bank Lao Ltd., and ACLEDA MFI Myanmar Co., Ltd. as well as representative offices in the Republic of the Union of Myanmar. By the end of December 2024, ACLEDA BANK had USD 10.83 billion in total assets and USD 8.36 billion in total savings deposits with over 5,52 million customers.

Today, ACLEDA BANK had more than 0.52 million business partners and 4.42 million ACLEDA Mobile subscribers.

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