Block's Afterpay unit redeems A$1.5B zero-coupon convertible notes after holder election

Block, Inc.

Afterpay, a wholly owned subsidiary of Block, redeemed 100% of principal of A$1.5B Zero Coupon Convertible Notes due 2026.
Redemption followed election by SGX Notes holders under the trust deed with HSBC as trustee.
Afterpay satisfied its obligations under the trust deed, which terminates subject to surviving terms.
Redemption occurred on March 3/4, 2022 (PST/HKT).

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