DIGI - Annual Report 2021

(ii) Digi making a cash payment of an amount equal to RM1,692,733,818 (which is subject to adjustment under the terms of the SPA) to Axiata. As at 11 March 2022, the Proposed Merger has yet to be completed. 3. Recurrent Related Party Transaction of a Revenue or Trading Nature At the Annual General Meeting held on 18 May 2021, Digi obtained a shareholders’ mandate to allow the Group to entered into recurrent related party transactions of a revenue or trading nature. The disclosure of the recurrent related party transactions conducted during the financial year ended 31 December 2021 is set out in the Integrated Annual Report on page 225. 4. Utilisation of Proceed from Corporate Proposals There were no proceeds raised from corporate proposals during the financial year ended 31 December 2021. 5. Material Public Sanction or Penalty There were no material public sanctions and/or penalties imposed on the Company, Directors or Management by the relevant regulatory bodies during the financial year ended 31 December 2021. Additional Compliance Information 127 Integrated Annual Report 2021 Governance Audited Financial Statements Other Information

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