ACL and ATPL announced that: Series 007 Notes. USD 8,000,000 in aggregate principal amount of the Series 007 Notes have been offered for exchange by the Interested Noteholders (the "Offered Series 007 Notes"), and that such Offered Series 009 Notes have been accepted for exchange by ACL. SAC Capital Pte.

Ltd. has been appointed as the sole dealer in relation to the Additional Series 11 Notes. The Additional Series 11 Notes will be issued at an issue price of 100% of their principal amount plus accrued interest from (and including) 21 December 2023 to (but excluding) the Settlement Date, and in denominations of SGD 250,000 each. The Additional Series 11 Notes shall bear interest at a fixed rate of 6.50 per annum payable semi-annually in arrear.

Unless previously redeemed or purchased and cancelled, the Additional Series 11 Notes shall mature on 21 December 2025. The Additional Series 11 Notes would constitute direct, unconditional, unsubordinated and unsecured obligations of ACL and shall at all times rank pari passu, without any preference or priority among themselves, and pari passu with all other present and future unsecured obligations (other than subordinated obligations and priorities created by law of ACL. Pursuant to the SD 32,750,000,000,000 to be consolidated and form a single series with the SGD 32,750,000 6.50 per cent.

Notes due 2025 issued by ACL on 21 December 2023 pursuant to the Programme. ACL and ATPL wish to announce that: Series 007 Notes; USD 8,000,000 in aggregate Principal amount of the Series 007 notes have been offered for exchange by The Interested Noteholders (the 'Offered Series 007 Notes'), and that such Offered Series007 Notes have been accepted for Exchange by ACL. Series 009 Notes.

USD 4,000,000 in aggregateipal amount of the Series 009 Notes have been offered for exchange By the Interested Noteholders (the "Offered Series 009 Notes" and together with the Offered Series 007 Notes, the "Offered Series 007 notes"), and that such Offered series 009 Notes have been acceptedfor exchange by ACL. Accordingly, as at the date of this announcement, the aggregate principal amount of the Additional Series 11 Notes to be issued pursuant to the Exchange (subject to the satisfaction of customary closing conditions) will be SD 12,000,000. The Settlement Date will be determined and announced by ACL and ATPL in due course.

SAC Capital Pte., has been appointed as the sole dealers in relation to the Additional Series11 Notes. The Additional Series 11 notes will be issued at an issue prices of 100% of their principal amounts plus accrued interest from (andincluding) 21 December 2023 to, and in denominations of USD 250,000 each. The additional Series 11 Notes will bear interest at a fixed rate the fixed rate of 6.50% per annum payable semi-Annually in arrear.

unless previously redeemed or purchased and cancelled. The Additional Series 11 Notes may mature on 21 December 2025.