Affin Bank Bhd.MYX: AFFIN

Group Achieves MSCI ESG Rating Upgrade To "AA"

· Issued by Affin Bank Bhd.
media release FOR IMMEDIATE RELEASE 11 JULY 2025 AFFIN GROUP ACHIEVES MSCI ESG RATING UPGRADE TO "AA" KUALA LUMPUR - AFFIN Group ("AFFIN" or "the Group") is proud to announce that it has been upgraded from 'A' to 'AA' in the MSCI ESG Ratings positioning the Group among global leaders in demonstrating environmental, social, and governance (ESG) performance. This milestone reflects AFFIN's steadfast commitment to sustainability, ethical standards, and transparent governance, in line with the Group's Axelerate 2028 (AX28) Plan strategic pillar of 'Responsible Banking with Impact', as the Group aspires to become Malaysia's Most Creative and Innovative Financial Company.

The upgrade, published in MSCI's latest ESG Ratings Report, is largely driven by improvements in AFFIN's corporate governance practices, including enhanced board oversight, accountability, and transparency, all of which are consistent with global best practices.



According to MSCI's evaluation, AFFIN outperformed industry peers particularly in corporate governance, consumer financial protection, and data privacy practices. The Group's cyber security risk mitigation, product transparency, and whistleblower policies as well as its business ethics and oversight which are superior or in line with global standards.

Datuk Wan Razly Abdullah, President & Group Chief Executive Officer of AFFIN Group said, "We are honoured to be recognised by MSCI with an AA rating. This reflects the tangible progress we have made in embedding sustainability into our operations, culture, and governance. At AFFIN, sustainability is more than compliance, it's a core driver of how we create value for our stakeholders and ensure long-term resilience."

The AA ESG Rating also enhances AFFIN's brand positioning among global institutional investors looking for ESG- focused investment opportunities in ASEAN.

As part of its ESG-focused strategy, AFFIN continues to introduce purpose-driven products and services such as green financing, ethical investment solutions, and inclusive digital offerings that promote financial wellbeing and environmental stewardship. These include recent initiatives under its SME banking portfolio that support social enterprises, climate-conscious borrowers, and underserved communities delivering both commercial and societal value.

MSCI ESG Ratings are one of the world's most respected benchmarks of sustainability performance, measuring a company's resilience to long-term risks and ability to capture opportunities across the ESG spectrum. MSCI (Morgan Stanley Capital International) is a global provider of indices, analytics, and ESG research tools, used by institutional investors and asset managers worldwide.

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About AFFIN Group



Incorporated on 23 October 1975, AFFIN Group proudly commemorates its 50th anniversary in 2025, a milestone that reflects five decades of steadfast dedication to growth, innovation, and financial excellence, all in line with its vision to be the Most Creative and Innovative Financial Company in Malaysia. Affin Bank Berhad operates as the financial holding entity of Affin Islamic Bank Berhad, Affin Hwang Investment Bank Berhad and Affin Moneybrokers Sdn Bhd. Generali Insurance Malaysia Berhad and Generali Life Insurance Malaysia Berhad are affiliated companies of Affin Bank Berhad.

AFFIN Group provides an array of financial products and services catering to individual, enterprise, commercial and corporate clients. The focus market segments are categorised under essential business units such as Community Banking, Enterprise Banking, Corporate Banking, Treasury, and Investment Banking. For more information, please visit https://www.affingroup.com.

For more information, please contact:

Ku Hazran bin Ku Abd.Rahman

Head, Corporate Communications & Media Contact Number: +60102260898

E-mail: kuhazran@affingroup.com

Sharifah Syahirah Syed Azlan

Manager, Corporate Communications & Media Contact Number: +60162641675

E-mail: sharifahsyahirah.azlan@affingroup.com

Amirah Aliah Azlan

Manager, Corporate Communications & Media Contact Number: +60123688359

E-mail: amirahaliah@affingroup.com

Archanaa Vijayaraman

Manager, Corporate Communications & Media Contact Number: +60173850188

E-mail: archanaa@affingroup.com

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