NagaCorp Ltd. announced that on 12 October 2022, the Company had in the open market repurchased part of the 2024 Senior Notes of an aggregate principal amount of USD 3,000,000, representing approximately 0.55%, and together with other 2024 Senior Notes previously repurchased (as disclosed in the announcements dated 12 August 2022, 31 August 2022, 9 September 2022, 23 September 2022, 30 September 2022 and 7 October 2022), representing approximately 1.51% of the aggregate principal amount of the 2024 Senior Notes originally issued. The Board expects to cancel such repurchased 2024 Senior Notes, which will thereafter cease to be outstanding. The Company will continue to monitor the market conditions and its financial structure and may further repurchase the outstanding 2024 Senior Notes as and when appropriate.