Revision of T&C for Fixed Deposit Accounts-i

Effective 12 June 2021, General Terms & Conditions of Accounts, Terms and Conditions for Hong Leong Fixed Deposit-i, 3-in-1 Junior Account-i Terms & Conditions and Fixed Deposit-i Promotions Terms & Conditions will be revised as follows:

Terms & Conditions

Additional Clause

General Terms & Conditions (Part I – HLISB General Investment Account-i)

With effect from 12 June 2021 ("Effective Date"), there shall be no interim crediting of profits on a monthly or six-monthly basis ("New Rule").

• For all new General Investment Account-i, profit will be:

(a) credited into the Current or Savings Account-i under the same name and signature requirement as the General Investment Account-i only upon maturity of General Investment Account-i; or

(b) added to the General Investment Account-i principal sum at maturity,

as selected by the Customer upon placement of the General Investment Account-i.

• For General Investment Account-i opened prior to Effective Date, profit earned will be credited into the Current or Savings Account-i on a monthly or six-monthly basis until the end of the General Investment Account-i tenure.** Should the General Investment Account-i be renewed, whether manually or on an auto-renewal basis upon maturity, the New Rule shall apply.

(** In the event the General Investment Account-i is fully withdrawn on or before its respective maturity period or the minimum tenure as HLISB may determine at any time with twenty-one (21) calendar days’ prior notice, HLISB shall be entitled to deduct from or debit the Customer’s General Investment Account-i all such monthly or six-monthly profit paid including but not limited to all profits paid on partial withdrawals earlier.)

A General Investment Account-i entered into before Effective Date for a 12-month tenure maturing on 31 August 2021 will enjoy profit crediting on a monthly basis. Upon maturity, the said General Investment Account-i is renewed for another 12 months. Profits for this renewed General Investment Account-i will only be paid at the end of the 12-month tenure on 31 August 2022.

Terms and Conditions for Hong Leong Fixed Deposit-i (HLFD-i)

(Clause 2: Hong Leong Fixed Deposit-i (“HLFD-i”) Accounts

With effect from 12 June 2021 ("Effective Date"), there shall be no interim crediting of profits on a monthly or six-monthly basis ("New Rule"):

• For all new HLFD-i, profit will be:

(c) credited into the Current or Savings Account-i under the same name and signature requirement as the HLFD -i only upon maturity of HLFD -i; or

(d) added to the HLFD-i principal sum at maturity,

as selected by the Customer upon placement of the HLFD-i.

• For HLFD-i opened prior to Effective Date, profit earned will be credited into the Current or Savings Account-i on a monthly or six-monthly basis until the end of the HLFD-i tenure.** Should the HLFD-i be renewed, whether manually or on an auto-renewal basis upon maturity, the New Rule shall apply.

(** In the event the HLFD-i is fully withdrawn on or before its respective maturity period or the minimum tenure as HLISB may determine at any time with twenty-one (21) calendar days’ prior notice, HLISB shall be entitled to deduct from or debit the Customer’s HLFD-i all such monthly or six-monthly profit paid including but not limited to all profits paid on partial withdrawals earlier.)

A HLFD-i entered into before Effective Date for a 12-month tenure maturing on 31 August 2021 will enjoy profit crediting on a monthly basis. Upon maturity, the said HLFD-i is renewed for another 12 months. Profits for this renewed HLFD-i will only be paid at the end of the 12-month tenure on 31 August 2022.

Terms and Conditions for Hong Leong Fixed Deposit-i (HLFD-i)

(Clause 3.9: Exceptions for Online Fixed Deposit-i (eFD-i) accounts via Hong Leong Connect

With effect from 12 June 2021 ("Effective Date"), there shall be no interim crediting of profit on a monthly or six-monthly basis ("New Rule").

• For all new eFD-i, profit will be:

(a) credited into the Source CASA-i and/or Designated CASA-i only upon maturity of eFD-i; or

(b) added to the eFD-i principal sum at maturity,

as selected by the Customer upon placement of the eFD-i.

• For eFD-i opened prior to Effective Date, profit earned will be credited into the Source CASA-i and/or Designated CASA-i on a monthly or six-monthly basis until the end of the eFD-i tenure.** Should the eFD-i be renewed, whether manually or on an auto-renewal basis upon maturity, the New Rule shall apply.

(** In the event the eFD-i is fully withdrawn on or before its respective maturity period or the minimum tenure as HLISB may determine at any time with twenty-one (21) calendar days’ prior notice, HLISB shall be entitled to deduct from or debit the Customer’s eFD-i all such monthly or six-monthly profit paid including but not limited to all profits paid on partial withdrawals earlier.)

Illustration:

An eFD-i entered into before Effective Date for a 12-month tenure maturing on 31 August 2021 will enjoy profit crediting on a monthly basis. Upon maturity, the said eFD-i is renewed for another 12 months. Profit for this renewed eFD-i will only be paid at the end of the 12-month tenure on 31 August 2022.

3-in-1 Junior Account-i

Terms & Conditions (Clause 3: The Accounts in the 3-in-1 JA-i)

With effect from 12 June 2021 ("Effective Date"), there shall be no interim crediting of profits on a monthly basis ("New Rule"):

• For all new JFD-i, profit will be credited into the JSA-i only upon maturity of JFD-i.
• For JFD-i opened prior to Effective Date, profits earned will be credited into the JSA-i on a monthly basis until the end of the JFD-i tenure. Should the JFD-i be renewed, whether manually or on an auto-renewal basis upon maturity, the New Rule shall apply.

(** In the event the entire JFD-i is fully withdrawn on or before its respective maturity period or the minimum tenure as HLISB may determine at any time with twenty-one (21) calendar days’ prior notice, HLISB shall be entitled to deduct from or debit the Customer’s JFD-i Account all such monthly profit paid including but not limited to all profits paid on partial withdrawals earlier.)

A JFD-i entered into before Effective Date for a 12-month tenure maturing on 31 August 2021 will enjoy profit crediting on a monthly basis. Upon maturity, the said JFD-i is renewed for another 12 months. Profits for this renewed JFD-i will only be paid at the end of the 12-month tenure on 31 August 2022.

Fixed Deposit-i Promotions Terms & Conditions

· With effect from 12 June 2021("Effective Date"), profit earned for the Participating FD-i Accounts shall be credited into the Entitled Customers’ Nominated CASA/CASA-i at maturity.

• Upon maturity, the principal FD-i Placement Amount shall be auto-renewed at the prevailing FD-i board rates respectively and the profit earned will be credited into the Entitled Customers’ Nominated CASA/CASA-i upon maturity.

Deposit-i Products are protected by PIDM up to RM250,000 for each depositor.