Announcements

AEON CREDIT REINFORCES COMMITMENT TO STRONG COMPLIANCE

AEON Credit Service (M) Berhad (“AEON Credit” or “the Company”) wishes to reaffirm its commitment to strong governance, transparency and regulatory compliance following an administrative action imposed by Bank Negara Malaysia (“BNM”) in relation to Anti-Money Laundering (“AML”) compliance matters. 

In line with BNM’s high standards of compliance, AEON Credit proactively identified and internally escalated the matter during its periodic compliance review. Although the incident relates to a 2020 case involving a single prepaid card customer with no financial transactions conducted, the Company treated the matter with utmost seriousness and engaged transparently with the regulator. 

Upon identification, AEON Credit promptly undertook a comprehensive internal review, strengthened its controls, and fully cooperated with BNM throughout the review process. The account was identified through internal screening mechanisms, self-reported to the authorities, and subsequently closed. 

The Company had undertaken remediation and control enhancements ahead of the regulatory review, including upgrading its AML monitoring and screening systems to strengthen detection capabilities, reinforcing segregation of duties and verification controls to enhance governance and oversight.  Additionally, AEON Credit expands the Compliance function with dedicated testing capabilities to ensure continuous validation of controls and regulatory adherence.  

In parallel, AEON Credit implemented structured, role-based AML training across the organisation to strengthen awareness and accountability, and appointed a Chief Integrity Officer to reinforce independent oversight, supported by the continued expansion of the compliance team to ensure sufficient capacity and capability in managing evolving regulatory expectations. 

AEON Credit remains fully committed to continuous improvement and to upholding the highest standards expected by BNM. The Company will continue to cooperate closely with the regulator and ensure that its compliance framework remains robust, forward-looking, and aligned with regulatory expectations.

AEON CREDIT CONCLUDES 29TH ANNUAL GENERAL MEETING AS IT CELEBRATES 30 YEARS OF TRUSTED PRESENCE IN MALAYSIA

AEON Credit Service (M) Berhad (“AEON Credit” or “the Group”) today held its 29th Annual General Meeting (“AGM”), where shareholders were briefed on the Group’s performance and strategic progress. The meeting marked a landmark occasion as AEON Credit enters its 30th year of trusted presence in Malaysia – a milestone anchored on the theme of Trust and Appreciation.

In keeping with its commitment to delivering consistent and meaningful returns to shareholders, AEON Credit’s proposal for the payment of a final single-tier dividend of 15.75 sen per share, together with a special dividend of 2.00 sen per share, was approved by shareholders. This special dividend was declared in recognition of the Group’s upcoming 30th Anniversary, marking an important chapter in its continued growth and development.

Together with the interim dividend of 13.00 sen per share paid in November 2025, this brings the total dividend to 30.75 sen per share, amounting to RM157.01 million for FYE2026 and representing a dividend payout ratio of 40.7%.

For the financial year ended 28 February 2026 (“FYE2026”), AEON Credit delivered a commendable financial performance amid a dynamic operating environment. Total revenue increased by 12.3% year-on year to RM2.47 billion (FYE2025: RM2.20 billion), driven by higher interest and fee income as the financing portfolio expanded.

Profit After Tax (“PAT”) for the year stood at RM383.17 million, representing a 3.4% increase year-on-year (FYE2025: RM370.61 million), after accounting for the proportionate share of losses from AEON Bank (M) Berhad (“AEON Bank”) of RM85.22 million as AEON Bank continues to mature its operations.

The Group maintained its commitment to cost discipline, with the cost-to-income ratio (excluding impairment losses) remaining stable at 28.2% (FYE2025: 28.2%), supported by ongoing investments in artificial intelligence (“AI”) and strategic cost management initiatives. Total transaction and financing volume increased by 6.6% to RM8.97 billion.

Gross financing receivables grew to RM15.72 billion, an increase of 11.4% year-on-year, surpassing the Group’s indicative growth target of 10%, with momentum driven by strong performance in Motorcycle Financing, Superbike Financing and the Payment Business. Total assets increased by 12.0% to RM16.07 billion as at 28 February 2026.

Asset quality remained stable, with the Non-Performing Loan (“NPL”) ratio improving marginally to 2.61 (FYE2025: 2.64%), while the capital adequacy ratio remained robust at 20.6%. Earnings per share rose to 75.57 sen (FYE2025: 72.58 sen), with return on equity at 13.1%.

“2026 marks a significant milestone for AEON Credit as we prepare to celebrate 30 years of trusted presence in Malaysia. Our performance in FYE2026 reflects a year of convergence – where the strategies we have built over recent years in ecosystem integration, digital transformation, financial inclusion and sustainability leadership came together in meaningful and measurable ways,” said Mr. Daisuke Maeda, Managing Director and Chief Executive Officer of AEON Credit.

“The foundations of our ecosystem strategy are firmly in place. We remain focused on delivering sustainable, long-term value for our customers, shareholders and the communities we serve.”

To support its continued growth, AEON Credit advanced its digital transformation agenda across credit and collections operations during FYE2026. The auto-approval ratio reached 26% and the auto-judge ratio improved to 53%, reducing manual intervention and improving processing turnaround times. The deployment of a Voice Bot expanded outbound calling hours and boosted collection productivity, while the Unified Communicator and Telephony System elevated contact centre service levels from 80% to 90%. The Group also strengthened its data analytics capabilities through the DataRobot AI platform, supporting improved credit risk modelling and greater digital self-sufficiency in credit assessment. In May 2025, AEON Credit established a dedicated Data Management function led by a Chief Data Officer, alongside a formal Policy on Data and AI Governance – ensuring the structured, responsible and scalable adoption of AI across the organisation.

Looking ahead, the Group remains focused on driving revenue expansion, strengthening asset quality and enhancing operational efficiency while staying agile in a dynamic market environment. For FYE2027, AEON Credit targets loan growth of approximately 8%, a return on equity of approximately 12%, and a cost-to-income ratio (excluding impairment losses) maintained below 30%. The Group will continue enhancing the AEON Wallet app as its primary digital touchpoint, embedding financing, banking, loyalty and lifestyle services into a more seamless and personalised customer experience. The continued enhancement of the AEON Loyalty Programme, alongside the FinPlus tiered membership platform, positions the Group to broaden its market reach, unlock new cross-selling opportunities and deliver sustainable long-term value for customers and shareholders alike.

All resolutions listed in the Notice of Annual General Meeting dated 22 May 2026 and tabled at the 29th AGM were duly approved by the shareholders of the Company.

ABOUT AEON CREDIT SERVICE (M) BERHAD

AEON Credit Service (M) Berhad (“AEON Credit”) was incorporated on 6 December 1996 and converted into a public limited company on 9 February 2007 and subsequently listed on the Main Market at Bursa Malaysia Securities Berhad on 12 December 2007. Today, the business of the Group is involved in the issuance of Credit Cards, Prepaid Cards, AEON Wallet App, Easy Payment Schemes, Hire Purchase Financing for Motor Vehicles, Personal Financing Schemes, Insurance Broker, Digital Islamic Banking, and other related services. The Group currently has 5 Regional Offices, 58 branches and service centres located in the major shopping centres and towns, and a network of more than 6,000 participating merchant outlets nationwide.

AEON Bank Accelerates Next Phase of Growth with New CEO

AEON Bank (M) Berhad has officially announced the appointment of Mohammad Ridzuan Abdul Aziz as the new Chief Executive Officer (CEO), effective 22 May 2026.

Prior to this, Ridzuan served as the Independent Non-Executive Director of AEON Bank from February 2023 until February 2026, and effective 1 April 2026, he was appointed as AEON Bank’s Officer-in-Charge. Since the Bank’s pre-ORR (Operational Readiness Review) and pre-launch phase until now, Ridzuan has been instrumental to AEON Bank’s digital banking journey.

An entrepreneurial leader with three decades of experience across the industry, including financial tech, digital investment, insuretech, market regulations and compliance governance, Ridzuan is also the co founder of multiple fintech companies. Throughout his career, he has served in various roles, including with the Bursa Malaysia and Securities Commission Malaysia. He is currently an Advisory Board Member of the Fintech Association of Malaysia, Independent Non-Executive Director of the Malaysian Rating Corporation (MARC) and Industry Advisory Panel of several universities in Malaysia. Previously, he was a government-appointed member of the Malaysia Innovation Policy Council (MIPC) and an Independent Non-Executive Director of DearTime Berhad.

AEON Bank’s Board of Directors are optimistic about Ridzuan’s business stewardship and strategic capability in leading the Bank, citing his diverse background in corporate fi nance, regulatory compliance, risk governance, cybersecurity, anti-money laundering (AML), counter-terrorism financing (CTF), e-KYC, e KYB, client due diligence (CDD), as well as fintech and regtech sandbox frameworks.

The Board also expressed their appreciation of the former CEO, YM Raja Datin Paduka Teh Maimunah Raja Abdul Aziz for her leadership during the Bank’s foundational first two years and her role in launching and establishing AEON Bank as the first digital Shariah-compliant bank in Malaysia.

Anchored by his robust vision for the future of digital banking, Ridzuan is set to lead the Bank’s next phase of growth, accelerating its commitment in providing accessible financial solutions, while cultivating a more inclusive financial future for all. AEON Bank will continue to contribute towards fostering the development of the nation’s digital economy and fintech industry across the region.

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ABOUT AEON BANK (M) BERHAD

AEON Bank (M) Berhad is Malaysia’s fi rst digital Islamic bank, licensed and regulated by Bank Negara Malaysia and the Ministry of Finance. Officially launched on 26 May 2024, we currently offer a suite of Shariah-compliant products and services for the Personal Banking customers and Business Banking (AEON Bank Biz) clients.

Our Personal Banking offerings are 100% accessible via the AEON Bank app, namely the deposit Savings Account-i, AEON Bank x Visa Debit Card-i, Personal Financing-i, Term Deposit-i, Savings Pot, DuitNow QR, Zakat, Takaful, JomPay, utility bill payments, budgeting tools and the AI-powered personal financial coach called Neko Sensei, as well as a range of digital payment services with strategic partners and merchants, alongside Neko Missions, Malaysia’s first gamified digital banking interactive rewards programme.

On 8 August 2025, AEON Bank (M) Berhad officially introduced AEON Bank Biz with the integrated cash management capabilities anchored by the Business Current Account-i, alongside Biz Term Deposit-i and Merchant DuitNow QR. AEON Bank Biz offers streamlined processes for account onboarding, credit assessments and financial services, utilising AI-driven fintech solutions to enable simplified procedures, faster approvals, and an enhanced digital banking experience for SMEs, corporate clients and local entrepreneurs.

For eligible deposit-based products under AEON Bank and AEON Bank Biz, such as the Savings Account-i, Savings Pot, Term Deposit-i, Business Current Account-i and Biz Term Deposit-i, the deposits are protected up to RM250,000 per depositor. AEON Bank is a member of Perbadanan Insurans Deposit Malaysia (PIDM) and the deposit protection is automatic and free.

Being part of the AEON Group conglomerate, AEON Bank (M) Berhad is equally held by AEON Financial Service Co. Ltd. (AFS Japan) and AEON Credit Service (M) Berhad (ACSM). AFS Japan is responsible for the AEON Group’s financial services businesses, with strong roots in the retail sector which operates in Japan and 10 countries across Asia and it is. AEON Group is Japan’s largest retail group and it is a pure holding company that comprises eight core businesses.

AEON Group Malaysia consists of several entities, namely, AEON Co. (M) Bhd, AEON Credit Service (M) Berhad, AEON Bank (M) Berhad, AEON BiG (M) Sdn Bhd, AEON Fantasy (M) Sdn Bhd, AEON Delight (M) Sdn Bhd, AEON Global Supply Chain Sdn Bhd and Malaysian AEON Foundation (MAF). AEON Group has been a recognisable household brand with more than 200 years of history and evolution in Japan since the Edo era, along with 4 decades of growth in Malaysia, providing consumers with daily financial solutions and diversified retail convenience.

Our cloud native agility and AI optimisation, combined with the strength of our Shariah fi nance DNA, Malaysian tenacity and Japanese roots are our distinguishing factors, while the integration across the AEON ecosystem gives us a competitive advantage of being the only bank in Malaysia with its own nationwide retail network. On top of that, AEON Points loyalty programme offers customers value-added benefits and meaningful rewards.

AEON Bank (M) Berhad is committed to empower the community in pursuing their financial aspirations and achieve economic independence, while cultivating a more inclusive financial future for all. We will continue to contribute towards positioning Malaysia as the Islamic banking hub in the region and fostering the growth of the nation’s digital economy.

AEON CREDIT RECORDS HIGHER REVENUE AND PROFIT IN Q4FYE26, SUPPORTED BY PORTFOLIO GROWTH

The Group declares a final single-tier dividend of 15.75 sen and special dividend of per 2.00 sen per share in respect of FYE26

AEON Credit Service (M) Berhad (“AEON Credit” or “the Group”) reported a resilient performance, with Profit Before Tax (“PBT”) increasing by 11.3% year-on-year (“YoY”) to RM199.95 million in the fourth quarter ended 28 February 2026 (“Q4FYE26”), compared to RM179.70 million of the preceding year corresponding quarter ended 28 February 2025 (“Q4FYE25”).

The increase in PBT was primarily driven by robust revenue growth attributed by strong sales volume and a higher receivables base, alongside lower impairment losses following a one-off adjustment from refinement of ECL model. This was partially offset by a higher operating expense in line with business expansion. Profit After Tax (“PAT”) rose 9.2% YoY to RM143.01 million, up from RM130.97 million in Q4FYE25.

The Group’s transaction and financing volume grew 2.4% YoY to RM2.21 billion in Q4FYE26. Gross financing receivables expanded to RM15.72 billion, an increase of RM1.60 billion from a year ago, underpinned by the Group’s continued focus on M40 segment to meet the market demand, particularly in Credit card business and Superbike Financing. Payment Business transaction volume increased by 18.2% YoY, supported by festive spending and targeted marketing campaigns. This was further driven by an expanded cards in circulation, following the launch of the AEON Biker Card and the revamp of credit card with AEON Membership privileges.

The Non-Performing Loans (“NPL”) ratio stood at 2.61%, compared to 2.64% a year earlier. AEON Credit continues to maintain prudent credit risk management, leveraging FinPlus membership criteria and enhanced automation in credit assessment to improve credit decisioning. The Group also proactively monitor and manage underperforming portfolios to support sustainable growth.

In conjunction with 30th anniversary celebration, the Board has recommended a final single-tier dividend of 15.75 sen per share and a special dividend of 2.00 sen per share, scheduled for payment on 23 July 2026, subject to shareholder approval at the forthcoming Annual General Meeting, with the date to be announced later. Coupled with the interim dividend of 13.0 sen per share declared in September 2025, the total dividend payable for FYE26 amounting to RM157.00 million with a payout ratio of 40.7%.

For the financial year ended 28 February 2026 (“FYE26”), total transaction and financing volume increased 6.6% YoY to RM8.97 billion, compared to RM8.41 billion in the preceding financial year (“FYE25”). Correspondingly, total revenue rose 12.3% YoY, reflecting sustained growth in the Group’s financing activities.

PBT and PAT stood at RM537.45 million and RM383.17 million respectively. These results were achieved after accounting for AEON Credit’s proportionate share of losses from its associate, AEON Bank (M) Berhad (“AEON Bank”), amounting to RM85.22 million, compared to RM68.33 million in last year. AEON Bank will continue to priorities its business banking products, targeting the financial needs of merchants and supplier within AEON ecosystem, supports the Bank’s long-term growth trajectory through strengthened collaboration across the AEON Group of Malaysia.

PROSPECTS:
Malaysia’s Gross Domestic Product (“GDP”) rose by 6.3% in the fourth quarter of 2025, compared to 5.4% in previous quarter driven by resilient domestic consumption and stronger export performance. Bank Negara Malaysia (“BNM”) projected Malaysian economy to expand between 4.0% and 5.0% in 2026, underpinned by resilient domestic demand and steady external conditions while navigating global uncertainties.

The Group maintains a cautious business stance amid the ongoing Middle East crisis which continues to drive volatility in global supply chains and inflationary pressures arising from higher global oil prices. In response, the Group remains focused on prudent growth, emphasising asset quality, operational efficiency and closely monitoring the inherent credit risks in its financing portfolios.

In line with its long-term strategic direction, the Group has formalised a five-year mid-term plan, anchored on its vision to transform into a financial platform connecting individuals and retailers in Malaysia. This includes leveraging its digital applications and merchant network to drive customer traffic across its ecosystem, encompassing the Group, its partners, and affiliated companies, while progressively establishing capabilities to generate sustainable fee-based income streams.

Barring unforeseen circumstances, the Group expects to be able to sustain its business momentum by implementing the appropriate measures for the financial year ending 28 February 2027.

AEON CREDIT DRIVES HAKIM DANISH TO MOTO3™ AS TITLE SPONSOR, STRENGTHENING BRAND PRESENCE AND TALENT DEVELOPMENT 

AEON Credit Service (M) Berhad (“AEON Credit” or “the Group”) has further strengthened its commitment to developing high-performance young talent by stepping forward as the title sponsor of the MSi Racing Team for the 2026 Moto3™ class of the FIM MotoGP World Championship. 

This strategic one-year contractual investment marks a progressive step by AEON Credit in supporting the national motorsport ecosystem, particularly as a key catalyst in driving the potential of Malaysia’s promising rider, Hakim Danish Ramli, who is set to continue his journey on the world stage. 

This high-impact initiative reflects AEON Credit’s continued support for the 19-year-old rider, following the Group’s role in facilitating his Moto3™ wildcard appearance at last year’s Malaysian Grand Prix (“GP”).

The decision to formalise this strategic collaboration follows Hakim Danish’s outstanding and consistent performances throughout the 2025 season, particularly in two major European championships — the FIM JuniorGP (“JrGP”) and the Red Bull MotoGP Rookies Cup.  

As a result of these achievements, the rider who emerged from the Sepang International Circuit (“SIC”) development programme, not only secured podium finishes in JrGP, but also made his mark in history by finishing third overall in the Red Bull MotoGP Rookies Cup standings, further solidifying his reputation as one of Asia’s most promising talents on the world stage. 

Through this collaboration, the team will operate under the new AEON Credit–MT MSi branding, providing a comprehensive support platform designed to ensure performance continuity and to foster the continued progression of Hakim Danish’s career at the highest level.  

The initiative also supports AEON Credit’s broader branding and marketing objectives by enhancing brand visibility across international motorsport platforms, strengthening engagement with customers and communities, and positioning the Group as a long-term supporter of youth talent development. 

Mr. Daisuke Maeda, Managing Director and Chief Executive Officer of AEON Credit, emphasised that this initiative reflects the Group’s long-term vision to strengthen its brand presence while also contributing directly to the development of high-performance sports in Malaysia. 

“This collaboration represents a strategic investment grounded in our belief in the values of discipline, perseverance and the opportunities that motorsport offers as a platform for shaping the next generation. 

“Motorsport aligns closely with AEON Credit’s core values, which emphasise resilience, fighting spirit and excellence. We are committed to building a sustainable ecosystem that nurtures future champions and national sporting icons. 

“The determination and performance maturity demonstrated by Hakim Danish throughout the 2025 season, particularly during his wildcard appearance at the Sepang GP, has strengthened our confidence. Despite competing on a wildcard entry, he proved his true capabilities. Through the AEON Credit–MT MSi partnership, we aim to enhance brand awareness among the motorsport community while providing a stable environment that allows young talents like him to continue developing and reach greater heights,” he said. 

Meanwhile, Hakim Danish described AEON Credit’s support as a major source of motivation as he prepares to take on new challenges in Moto3™. “AEON Credit’s support is a tremendous boost for me. My focus now is fully on repaying the trust placed in me by delivering my very best performance on the world stage. 

“This news certainly increases my motivation, especially ahead of the Thailand GP scheduled from 28 February to 1 March. I would like to express my sincere appreciation to AEON Credit, Sepang International Circuit (“SIC”) and ZK Racing for their hard work to make this prestigious collaboration a reality,” he said. 

For the record, AEON Credit and ZK Racing had previously formalised a strategic partnership to develop Malaysian motorsport through the Malaysian Motorsport Development Blueprint (MDEV), a two-wheel talent development plan jointly formulated by the Ministry of Youth and Sports (“KBS”) and SIC. 

In a related development, ZK Racing Team Manager, Zulfahmi Khairuddin, described AEON Credit’s presence as title, timely and impactful. 

“The commitment and investment from AEON Credit have a significant impact on the continuity of the development programme we have structured. Without strong backing from strategic corporate partners such as AEON Credit, it would be difficult to place Malaysia’s young talents on the world stage,” he said. 

About AEON Credit Service (M) Berhad

AEON Credit Service (M) Berhad (“AEON Credit”) was incorporated on 6 December 1996 and converted into a public limited company on 9 February 2007 and subsequently listed on the Main Market at Bursa Malaysia Securities Berhad on 12 December 2007. Today, the business of the Group is involved in the issuance of Credit Cards, Prepaid Cards, AEON Wallet App, Easy Payment Schemes, Hire Purchase Financing for Motor Vehicles, Personal Financing Schemes, Insurance Broker, Digital Islamic Banking, and other related services. The Group currently has 5 Regional Offices, 60 branches and service centres located in the major shopping centres and towns, and a network of more than 7,000 participating merchant outlets nationwide.  

AEON BANK ANNOUNCES LEADERSHIP TRANSITION FOLLOWING SUCCESSFUL LAUNCH AND FOUNDATIONAL BUILD

AEON Bank (M) Berhad today announced that its Chief Executive Officer, YM Raja Datin Paduka Maimunah, will be stepping down from her position effective 31 March 2026.

Since joining the bank three years ago, Raja Teh has been instrumental in steering AEON Bank through its most critical phase: its inception as a digital bank. Under her leadership, the bank achieved the historic milestone of becoming Malaysia’s first digital Islamic bank, successfully building its cloud-native core infrastructure and securing the necessary regulatory approvals for a full-scale public launch.

The Chairman and Independent Non-Executive Director of AEON Bank, Tomokatsu Yoshitoshi, expressed his gratitude, “On behalf of the Board, I would like to thank Raja Teh for her visionary leadership. Taking a bank from a conceptual stage to a fully functional, live digital ecosystem is a monumental task. She has built a rock-solid foundation for AEON Bank, and we are now well-positioned to scale our operations and continue our mission of financial inclusion.”

Reflecting on her tenure, Raja Teh stated, “It has been a profound honour and a once-in-a-lifetime privilege to lead AEON Bank from its very beginning. We have made history together by establishing the nation’s first digital Islamic bank. I am incredibly proud of the infrastructure we have built and the talented team we have assembled. I leave with full confidence that AEON Bank will continue to thrive.”

The Board has initiated a succession plan to ensure a smooth transition, which will be announced as soon as the requisite regulatory approvals are obtained.

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ABOUT AEON BANK (M) BERHAD

AEON Bank (M) Berhad is the first digital Islamic bank in Malaysia, licensed and regulated by Bank Negara Malaysia and the Ministry of Finance. Officially launched on 26 May 2024, we currently offer a suite of Shariah-compliant products and services under the Personal Banking and Business Banking (AEON Bank Biz).

Our Personal Banking offerings are 100% accessible via the AEON Bank app, namely the deposit Savings Account-i, AEON Bank x Visa Debit Card-i, Personal Financing-i, Term Deposit-i, Savings Pots, DuitNow QR, utility bill payments, personal financial management and budgeting tools with Neko Sensei, and a range of digital payment services with strategic partners and merchants, as well as Neko Missions, Malaysia’s first gamified digital banking interactive rewards programme.

On 8 August 2025, AEON Bank (M) Berhad officially launched AEON Bank Biz, anchored by the Current Business Account-i and integrated cash management capabilities, alongside Biz Term Deposit-i. AEON Bank Biz offers streamlined processes for account onboarding, credit assessments and financial services, utilising AI-driven fintech solutions to enable simplified procedures, faster approvals, and an enhanced digital banking experience for SMEs and micro entrepreneurs.

Being part of the AEON Group conglomerate, AEON Bank (M) Berhad is equally held by AEON Financial Service Co. Ltd. (AFS Japan) and AEON Credit Service (M) Berhad (ACSM). AFS Japan is responsible for the AEON Group’s financial services businesses, with strong roots in the retail sector which operates in Japan and 10 countries across Asia. AEON Group is Japan’s largest retail group and it is a pure holding company that comprises eight core businesses.

AEON Group Malaysia consists of several entities, namely, AEON Co. (M) Bhd, AEON Credit Service (M) Berhad, AEON Bank (M) Berhad, AEON BiG (M) Sdn Bhd, AEON Fantasy (M) Sdn Bhd, AEON Delight (M) Sdn Bhd, AEON Global Supply Chain Sdn Bhd and Malaysian AEON Foundation (MAF). AEON Group has been a recognizable household brand with more than 200 years of history and evolution in Japan since the Edo era, along with 4 decades of growth in Malaysia, providing consumers with daily financial solutions and diversified retail convenience.

Our cloud native agility and AI optimisation, combined with the strength of our Shariah DNA, Malaysian roots and Japanese heritage are our distinguishing factors, while the integration with the AEON ecosystem gives us a competitive advantage of being the only bank in Malaysia with its own nationwide retail network. On top of that, AEON Points loyalty programme offers customers value-added benefits and meaningful rewards, as the AEON Points can be redeemed into cash value, deposited directly into customers’ AEON Bank Savings Account-i.

AEON Bank (M) Berhad is committed to provide accessible financial solutions for Malaysians and we aim to empower the community in pursuing their financial aspirations and achieve economic independence, hence fostering a more inclusive financial future for all. We will continue to contribute towards the Islamic banking development in the region and the nation’s digital economy.

AEON CREDIT INTRODUCES AEON MEMBER PLUS CREDIT CARD: THE “MUST-HAVE CARD” FOR AEON SHOPPERS

AEON Credit’s new credit card will replace the existing AEON Classic, Gold and Platinum Credit
Cards, AEON BiG Visa Classic and Gold Credit Cards, while streamlining all benefits into a single, next generation card experience for AEON shoppers

AEON Credit Service (M) Berhad (“AEON Credit”) today announced the launch of the AEON Member Plus Credit Card, a next-generation credit card designed to deliver deeper retail integration, enhanced rewards, and everyday convenience especially for AEON Retail customers nationwide.

Positioned as “Your Must-Have Card at AEON”, the AEON Member Plus Credit Card is the first credit card in Malaysia to fully integrate membership privileges directly into retail spending, rewarding cardholders from the moment they shop at AEON Retail. This is our first card made from sustainable and bio-based materials to support more environmentally friendly choices. The new AEON Member Plus Credit Card replaces the AEON Classic, Gold and Platinum, AEON BiG Visa Classic and Gold Credit Cards, consolidating core benefits such as AEON Points and cashback, alongside the introduction of new and enhanced member privileges.

Mr. Daisuke Maeda, Managing Director and Chief Executive Officer of AEON Credit, said, “With the AEON Member Plus Credit Card, we are setting a new benchmark for retail-integrated rewards in Malaysia by streamlining our offerings to deliver greater clarity and more meaningful rewards for customers. This launch marks the first step in our digitalization journey and supports our long term vision of becoming the most accessible and rewarding financial platform in Malaysia, while reinforcing our commitment to sustainability through environmentally responsible card materials.”

The new AEON Member Plus Credit Card will be offered in three card types — Classic, Gold and Platinum. All card types are available on both Visa and Mastercard.

Applications for AEON Member Plus Credit Card can be made easily and digitally via the AEON Wallet App or AEON Credit’s website at https://myaeoncredit.com.my/. For more information, please visit the above website.

AEON CREDIT REPORTS SOLID PERFORMANCE WITH REVENUE GROWTH AND STRONGER PROFITABILITY IN Q3FYE26

AEON Credit Service (M) Berhad (“AEON Credit” or “the Group”) delivered a resilient set of results for the third quarter ended 30 November 2025 (“Q3FYE26”). The Group recorded a 10.7% year-on-year (“YoY”) increase in revenue to RM622.41 million, compared to RM562.00 million in the corresponding quarter last year (“Q3FYE25”) driven primarily by stronger loan and financing growth underpinned by steady customer demand.

This performance was further reflected in total transaction and financing volume, which rose 2.0% YoY to RM2.16 billion, signalling continued expansion of the Group’s financing activities amid a cautious operating environment.

The Group’s gross financing receivables stood at RM15.44 billion, an increase of RM1.78 billion from a year earlier driven by growth across key products. Payment Business grew by 19.5% YoY, underpinned by portfolio shifts toward the middle-income segment and the introduction of AEON Biker cards, which contributed to an increase in credit cards in circulation.  The Non-Performing Loans (“NPL”) ratio rose slightly to 2.48%, compared to 2.42% in the corresponding period. AEON Credit has instituted proactive credit management and monitoring measures to mitigate further increases and safeguard overall asset quality.

For Q3FYE26, the Group achieved a 42.8% increase in Profit Before Tax (“PBT”) to RM125.43 million, up from RM87.85 million previously. Profit After Tax (“PAT”) rose 45.6% to RM90.38 million, compared to RM62.07 million in Q3FYE25. The improvement in profitability was driven by stronger revenue growth and reduced impairment losses on financing receivables compared to Q3FYE25.

These results were achieved after accounting for AEON Credit’s proportionate share of losses of RM19.62 million from its associate company, AEON Bank (M) Berhad (“AEON Bank”). The associate losses primarily reflect planned upfront investments in technology, personnel, and marketing to support the rollout of new products, including its business banking segment. These investments are expected to underpin AEON Bank’s long-term growth trajectory, supported by collaboration across the AEON Group and strategic partnerships aimed at enhancing financial inclusion and customer value.

Nine Months Financial Performance (9MFYE26)

For the financial period-to-date ended 30 November 2025 (“9MFYE26”), total transaction and financing volume increased 8.0% to RM6.75 billion, reflecting sustained customer demand and portfolio expansion. Correspondingly, total revenue rose 13.2% to RM1.84 billion, compared to RM1.63 billion in the preceding year’s corresponding period (“9MFYE25”).

The Group recorded a marginally higher PBT of RM337.50 million, compared to RM333.81 million in 9MFYE25. The improvement was driven by incremental revenue growth, partially offset by higher impairment losses on financing receivables, as well as higher operating expenses in tandem with the increase in transaction and financing volume.

Prospects:

Malaysia’s economy continues to demonstrate resilience, with Gross Domestic Product (“GDP”) expanding by 5.2% in the third quarter of 2025, up from 4.4% in the previous quarter. This growth was supported by firm domestic consumption and improved export performance despite the moderate global demand. Bank Negara Malaysia (“BNM”) projects full-year GDP growth of between 4.0% and 4.8%, reflecting a steady outlook amid external headwinds.

Amid ongoing uncertainties related to global trade and tariff dynamics, geopolitical tensions, inflationary pressures, and volatility in global financial markets, AEON Credit continues to adopt a cautious and disciplined business stance. The Group remains focused on growing quality assets, strengthening credit risk oversight, and enhancing information technology capabilities to drive operational efficiency. Concurrently, AEON Credit aims to deepen integration within the AEON Group ecosystem in Malaysia, broadening customer reach and supporting long-term sustainable growth.

In line with this strategic direction, AEON Credit recently announced the board has approved the subscription of an additional 125 million new ordinary shares in AEON Bank, maintaining its 50% shareholding. The capital injection will support AEON Bank’s business expansion, strengthen its capital position, deepen its asset portfolio, and ensure continued compliance with BNM’s minimum capital requirements.

Additionally, on 3 November 2025, the Company completed the subscription of shares in AEON360. Following this, AEON360’s issued and paid-up share capital increased to RM50.0 million, comprising 50 million ordinary shares, and AEON360 remains a 51%-owned subsidiary of the Company. AEON360 is a newly established entity that will manage the AEON Group’s integrated membership, loyalty and data platform, and is expected to progressively expand its services to external partners.

Barring unforeseen circumstances, the Group remains confident in sustaining its business momentum for the financial year ending 28 February 2026, supported by prudent operational execution and robust risk management strategies.

AEON CREDIT HAS BEEN RECOGNISED AS ONE OF THE HR ASIA BEST COMPANIES TO WORK FOR IN ASIA 2025 – MALAYSIA REGION

AEON Credit Service (M) Berhad (“AEON Credit” or “the Group”) has been recognised as one of the HR Asia Best Companies to Work for in Asia 2025 – Malaysia Region, underscoring the Group’s continued commitment to employee experience and a sustainable workplace.

Ms. Belinda Ong, Head of Human Resources and Administration, received the award on behalf of the Group at the ceremony held yesterday at One World Hotel, Petaling Jaya.

The HR Asia Best Companies to Work for in Asia Awards is a prestigious recognition programme that identifies organisations regarded by their employees as employers of choice. The award highlights companies across Asia with the best HR practices, high levels of employee engagement and excellent workplace cultures. Its high-profile reputation attracts participation from Fortune 500 corporations, multinational companies, government-linked organisations and a wide range of leading employers across the region.

Mr. Daisuke Maeda, Managing Director of AEON Credit, said, “We are truly honoured to be recognised as one of the best companies to work for in Malaysia region. This achievement belongs to all our employees, whose commitment, resilience and passion continue to inspire us every day. Their dedication to our shared purpose has shaped the strong and supportive culture we are proud of today.”

He added that the recognition further strengthens the Group’s commitment to building a workplace that champions wellbeing, sustainability and equal opportunities. Over the past year, AEON Credit has rolled out several key initiatives aligned with this focus, including embedding a value-driven culture through the activation of the “Our Purpose” philosophy, modernising its workplaces, establishing a structured employee–management collaboration platform and implementing a range of ESG-aligned wellbeing programmes to support holistic health and work–life balance.

The Group has also expanded its learning and development efforts through competency-based and digitalisation-driven training, supported by mentoring and coaching programmes to develop future leaders. Additionally, AEON Credit rolled out a comprehensive Employee Reward Roadmap to elevate salary and benefits competitiveness and implemented flexible working hours to further promote a more balanced work-life experience for employees.

Through strengthened two-way communication channels, including regular dialogues and townhalls, the Group continues to listen closely to employees and make meaningful improvements to the overall employee experience. These initiatives underscore AEON Credit’s commitment to building a workforce that is empowered, future-ready and equipped to contribute meaningfully to Malaysia’s evolving economy. The Group remains dedicated to creating a workplace where every employee can thrive, progress and help shape the future together.

Last month, AEON Credit was also recognised as the first runner-up in the Financial Services category at the Malaysia’s 100 Leading Graduate Employers Award 2025. Organised by GTI Media and voted on by more than 50,000 students and recent graduates from public and private universities nationwide, the award highlights AEON Credit’s strong workplace culture, which emphasises meaningful work, growth opportunities and inclusion—values that resonate strongly with the younger generation. This recognition also reflects the Group’s growing employer brand appeal among graduates, reinforcing its position as a preferred destination for young talent.

AEON CREDIT POWERS MALAYSIAN MOTORSPORTS: SPONSORS HAKIM DANISH’S MOTO3™ WILDCARD DEBUT UNDER AEON CREDIT SIC RACING MSI TEAM

Following the recent announcement of his Moto3™ wildcard entry, Hakim Danish Ramli is set to make his home debut on the world stage under the AEON Credit SIC Racing MSI Team at the upcoming PETRONAS Grand Prix of Malaysia 2025 (MotoGP™ Malaysia), scheduled from 24 to 26 October 2025.

The Moto3™ Wildcard Team Reveal Ceremony, held today at PETRONAS Sepang International Circuit (SIC), was graced by YB Hannah Yeoh, Minister of Youth and Sports Malaysia, alongside key representatives from AEON Credit Service (M) Berhad (AEON Credit), SIC, and ZK Racing Sdn. Bhd. (ZK Racing).

The event also witnessed the signing of a Memorandum of Understanding (MoU) between AEON Credit and ZK Racing, formalising a strategic partnership to advance Malaysian motorsports development through the Malaysian Motorsports Development (MDEV) Blueprint – a structured two-wheel talent development pathway jointly championed by the Ministry of Youth & Sports (KBS) and SIC.

This builds upon AEON Credit’s earlier collaboration with SIC, where AEON Credit was appointed as the Official Circuit Partner. The partnership was formalised through the signing of a Letter of Understanding (LOU) between Azhan Shafriman Hanif, Chief Executive Officer of SIC, and Daisuke Maeda, Managing Director of AEON Credit, underscoring both organisations’ shared commitment to growing Malaysia’s motorsports ecosystem and nurturing homegrown talent.

YB Hannah Yeoh said, ”Hakim Danish’s wildcard represents Malaysia’s belief in what is possible when the Government, private sector, and motorsports community come together. The support from AEON Credit is a great example of how private sector can make a real difference. Their contribution helps riders like Hakim Danish go further and shows our youth that big dreams are achievable. I hope more companies will come forward to be part of this journey.”

The Ministry of Youth & Sports (KBS) has allocated RM3 million for the 2025 High- Performance MDEV Programme, with an additional RM1 million to support Hakim Danish’s participation in the FIM JuniorGP World Championship 2025 through the Kumpulan Wang Amanah Sukan Negara (KWASN).

In line with the national effort, AEON Credit has contributed RM1 million towards Hakim Danish’s Moto3™ wildcard debut, marking the company’s first major step into motorsports and reinforcing its long-term commitment to youth empowerment, community development, and national talent growth.

Ng Eng Kiat, Chairman of AEON Credit, said that AEON Credit is proud to play a meaningful role in empowering Malaysia’s motorsport talent. “This collaboration goes beyond sponsorship as it represents our belief in opportunity, discipline, and national pride. Through this partnership, we hope to inspire young Malaysians who may not have the financial means but possess the drive and determination to succeed. Motorsport reflects the same spirit we uphold at AEON Credit — perseverance, passion, and the pursuit of excellence. Together with SIC and ZK Racing, we are turning dreams into reality and nurturing the next generation of champions,” he said.

Azhan Shafriman Hanif, Chief Executive Officer of SIC shared, ”Hakim Danish is the first born of the development programme. We have seen him grow with us since he was 12 years old in SIC MiniGP Championship, and now, he will be on the MotoGP™ grid as proof that the ladder we built really works. This is exactly what the MDEV Blueprint was designed to achieve, taking young talents from grassroots to the Grand Prix. His wildcard debut is not just a milestone for Hakim Danish, but also for every technical crew, mechanic, and partner like AEON Credit who believed in the system. To all motorsports fans, come to Sepang, fill the grandstands and show your support for Hakim Danish as he races among the world’s best on home soil.”

Fans can catch Hakim Danish and the AEON Credit SIC Racing MSI Team in action at the MotoGP™ Malaysia and grab the opportunity to cheer for him live in Sepang. In support of the Malaysia MADANI agenda, SIC continues its Tiket Rahmah initiative, offering K2 Hillstand tickets at RM49.90. Tickets are available at www.sepangcircuit.com.

For more information and updates on events and activities, follow AEON Credit, SIC, and ZK Racing’s official social media channels.

For any media inquiries, please contact:

• ZK Racing Media Relations – admin@zkracing.com.my
• AEON Credit Corporate Communications – corp_communication@aeoncredit.com.my