Consumption_Gas Average consumption of Gas (kWh) Premises Types May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 HDB 1-Room 35 36 31 34 35 34 34 33 35 36 34 37 HDB 2-Room 37 36 33 34 35 34 36 33 35 35 36 37 HDB 3-Room 50 50 47 49 50 49 49 47 48 49 50 52 HDB 4-Room 62 62 58 60 62 61 61 58 59 61 63 65 HDB 5-Room 68 68 64 67 69 69 68 65 65 68 72 73 HDB Executive 73 72 69 71 73 72 72 68 69 72 76 77 Apartment 87 84 76 81 89 92 89 83 85 92 97 92 Terrace 103 105 96 100 108 112 106 106 99 108 116 110 Semi-Detached 117 120 116 120 125 120 130 122 116 122 137 127 Bungalow 195 186 188 177 197 202 198 181 191 197 204 203

Media Release SP Group Partners Airbus Asia Training Centre to Provide Sustainable Thermal Comfort with Smart Cooling Solution SINGAPORE, 13 JANUARY 2025 — SP Group (SP) will deploy its GET (Green Energy Tech) Control building intelligence system at Airbus Asia Training Centre (AATC) to improve occupant thermal comfort and enable energy savings. Under the five-year partnership, GET Control, powered by building intelligence solutions provider 75F, will provide dynamic airflow balancing that optimises air-conditioning and energy efficiency. The micro-climate control solution uses artificial intelligence and the Internet of Things (IOT) to ensure spaces are cooled more evenly by dynamically controlling airflow based on real-time temperature changes in weather and occupancy. In Singapore, air-conditioning typically contributes to about half of a building's total energy usage. When fully installed in 2025, GET Control aims to improve on AATC's existing air-conditioning system, which supplies a constant airflow to all locations, causing overcooling and higher energy use. GET Control will reduce energy consumption to lower costs and enhance efficiency by using the least amount of energy to deliver optimal cooling and occupant thermal comfort. This will be facilitated by retrofitting wireless sensors and smart dampers that eliminate the need for disruptive and expensive duct alteration works, saving up to 25 per cent on man-hours for installation. On a larger scale, GET Control will enable Airbus's largest flight crew training facility in the world to eventually become a green building, in line with the Super Low Energy Technology Roadmap published by Singapore's Building and Construction Authority. "SP is pleased to support AATC's efforts in providing a conducive environment for its trainees and employees to learn and work. GET Control will ensure an optimal occupant experience within the building while lowering AATC's carbon footprint. As Singapore accelerates in its decarbonisation journey, deploying innovative next-generation technologies will be key to a net-zero future," said Mr S Harsha, Managing Director of Sustainable Energy Solutions (Singapore), SP Group. AATC's General Manager, Silvia Meloni, said that this collaboration with SP reflected Airbus's commitment to reduce the environmental impact at its sites around the world. In the original design of AATC, thermal comfort was designed to be zonal, with spaces cooled uniformly throughout the facility regardless of room occupancy and usage. With the implementation of GET Control, AATC will be able to ensure conducive working and learning conditions for all without wasting energy by cooling spaces only when and where needed. “In a pilot project completed earlier in 2024, a single zone was fitted with GET Control. Electrical energy consumption was reduced by 48.8 per cent, cooling energy consumption was reduced by 18.5 per cent. With the full deployment of GET Control, the improved air-side cooling system is expected to reduce annual Scope 2 CO2 emissions by approximately 70 tonnes,” said Ms Meloni. In addition to AATC, GET Control has also been deployed at several commercial developments and educational institutions, including Republic Plaza, Singapore Institute of Technology (Punggol Campus), Singapore Land Tower, United Square, and the upcoming Labrador Tower. AATC and SP are also exploring the adoption of additional sustainable energy solutions such as electric vehicle charging and additional cooling optimisations to further reduce carbon emissions.

Consumption_Gas Average consumption of Gas (kWh) Premises Types Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 HDB 1-Room 34 35 34 34 39 36 39 35 36 31 34 35 HDB 2-Room 34 35 35 35 37 35 38 37 36 33 34 35 HDB 3-Room 49 50 49 49 51 49 52 50 50 47 49 50 HDB 4-Room 61 62 60 60 63 62 65 62 62 58 60 62 HDB 5-Room 68 69 66 65 70 70 72 68 68 64 67 69 HDB Executive 72 73 69 68 75 74 77 73 72 69 71 73 Apartment 88 88 85 84 92 93 95 87 84 76 81 89 Terrace 107 108 108 99 108 107 107 103 105 96 100 108 Semi-Detached 117 120 117 115 124 121 123 117 120 116 120 125 Bungalow 206 202 179 195 192 202 205 195 186 188 177 197

Singapore Institute of Power and Gas Singapore Electricity Network and Market (Conducted with Energy Market Company) Course Code: EFD08 COURSE OBJECTIVES Upon completion of this course, participants will be able to: • Understand the structure of generation, transmission and distribution of electricity in Singapore • Describe the various types of transmission and distribution network configuration • Describe the switchgear configuration for transmission substation • Understand the types of equipment implemented in the electricity transmission and distribution • network • Understand the technical and performance standards • Describe the deregulation process leading to the National Electricity Markets of Singapore (NEMS). • Identify the market structure and the roles of key stakeholders in the NEMS. • Describe the basics of the market clearing and settlement process. • Explain the rationale for some key design features for NEMS. • State the key regulatory tools employed and governance structure of NEMS. • Describe the benefits and costs of the 3 possible fuel-mix scenarios in 2050 • Describe the benefits and costs of the 4 Switches that Singapore used to reach net-zero for the power sector in 2050 MAIN CONTENTS • Overview of Singapore Electricity Network o Structure of generation, transmission and distribution of electricity o Transmission and distribution network configurations o Transmission and distribution network assets o Technical and performance standards o Regulatory requirements and codes of practice • Electricity Transmission and Distribution Network Configuration and Network Equipment o Transmission • Electricity transmission network configuration • Equipment inside transmission substations • Types of transmission switchgear, transformers, shunt reactors and cables o Distribution • Electricity distribution network configuration • Equipment inside distribution substations • Types of distribution switchgear, transformers, low voltage boards and overground box, and cables • Market Reform Milestones and Demand Characteristics o Singapore’s Market Reform Milestones (1963 – present) o Singapore’s Electricity Demand Characteristics • Market Structure o Role of key stakeholders in NEMS o Retail market overview • Market Operations o Trading in the wholesale market o Market clearing and design features o Wholesale market settlement • Regulatory Tools and Governance Structure o Market Power mitigation o Rules and governance structure • Energy 2050 Committee Report – Charting the Energy Transition to 2050 o 3 Possible fuel-mix scenarios in 2050 Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 4.0_0823 Singapore Institute of Power and Gas o Recommendations on energy transition strategies • Singapore 4’s Switches Strategies o The Switches – Solar, Natural Gas, Electricity Imports, Low Carbon Alternatives o Singapore Energy Policy at a Glance METHODOLOGY Lecture TARGET AUDIENCE • Engineering & technical staff in the electrical power industry • Non-technical staff who are required or interested to know about NEMS COURSE DETAILS Duration : 14 hours Mode of Delivery : Face-to-Face Certification : SIPG Certificate of Completion PDU by PE Board : Pending Additional Requirement/s : NIL COURSE FEES Full Course Fee : S$720 (before GST) For Singapore Citizens/PR/LTVP+* : Not applicable For Singapore Citizens (40 years old and above) : Not applicable ADDITIONAL REMARKS • Trainee must attain at least 75% attendance rate and pass the assessment to receive Certificate of Completion and funding grant (if applicable). • Subsidy of up to 70% is applicable for Singapore Citizens, Permanent Residents or Long-Term Visitor Pass Plus (LTVP+) Holders, subject to funding agency’s approval. • Enhanced subsidy of up to 90% is applicable for Singapore Citizens aged 40 years and above, subject to funding agency’s approval. Note that GST payable will be computed from fee after 70% funding. • Professional Development Unit (PDU) is applicable for Professional Engineers registered under the Professional Engineers (PE) Board only. • All published fees are subject to prevailing GST. CONTACT US For more information, please contact SIPG at +65 6916 7930 or email training-institute@spgroup.com.sg. OTHER SIPG COURSES For more courses, visit our website at: https://www.spgroup.com.sg/about-us/training or Scan the QR code below: Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 4.0_0823

OverviewChinaVietnamThailandAustralia China With China leading sustainable development on the global stage, this presents a new growth engine for SP Group to deploy district cooling, heating and integrated energy solutions to meet customers' sustainability goals. Following our first foray in China in 2015 and partnerships taking root in major cities, we have built up a strong project pipeline and set up three offices - in Shanghai as headquarters, Guangzhou and Chongqing. Visit our China website Raffles City Chongqing SP Group [SP] inked a 20-year deal in 2015 to design, build, own and operate a district heating and cooling system for CapitaLand's Raffles City Chongqing, an iconic integrated development comprising a shopping mall, a hotel, office towers, residences and service residences. SP's operations commenced in September 2019, enabling Raffles City Chongqing to reduce energy consumption by more than 40 per cent, compared to conventional building chiller plants. Chongqing Sino-Singapore Energy Services In 2021, SP Group acquired a 40 per cent stake in Sino-French Energy Services Co. Ltd (SFES) in Chongqing to form Sino-Singapore Energy Services Co. Ltd (SSES). This is SP's first acquisition of energy assets in China, growing the company's China presence with sustainable energy solutions.​ SSES is the market leader for Combined Cooling Heating and Power (CCHP) solutions in Chongqing. It operates CCHP solutions deployed in three of the city's hospitals as well as a district cooling and heating plant that serves the Chongqing Danzishi Central Business District.​ The acquisition strengthens SP's district cooling and heating presence in Chongqing and expands our capabilities in CCHP offerings as we grow our sustainable energy solutions in China. Guangzhou Knowledge City SP Group is working with the Sino-Singapore Guangzhou Knowledge City Investment and Development Co. Ltd to provide district cooling and heating, and smart energy solutions at the China-Singapore Guangzhou Knowledge City [GKC]. The implementation of district cooling and heating networks, and other sustainable energy solutions such as solar, energy storage, energy efficiency and integrated energy management systems will enable GKC to enjoy substantial energy and cost savings. This will translate to a cleaner and more sustainable energy future for GKC and for Guangzhou city. State Grid Chongqing Integrated Energy Services SP Group and State Grid Chongqing Integrated Energy Services formed a partnership to jointly develop integrated energy projects that deliver smart, efficient energy management solutions. This is aimed at meeting the evolving operational needs and green targets of customers in Chongqing, China. Through this collaboration both parties aim to drive innovation and capabilities towards achieving carbon neutrality for the city by providing customers with a comprehensive suite of clean and efficient energy solutions. Smart Eco-District In Chengdu SP Group is partnering the People's Government of Wuhou District, Chengdu, to transform the largest of five city centre districts in Chengdu, to a smart eco-district. SP will serve as the sustainable energy solutions partner to the district government and support the city's roadmap to carbon neutrality by developing and implementing technologies and digital solutions such as advanced data analytics and artificial intelligence tools. In the first phase under the partnership, SP will design, build, own and operate an integrated energy solution that includes district cooling and heating system, smart metering, energy management and monitoring for the International Urban Design Centre [IUDC] in Wuhou over the next 25 years. The solution will provide IUDC with real-time insights on their energy and utilities usage data to help them optimise building performance, energy efficiency and comfort for end-users. Photo credit: Three Kingdoms Themed Innovation Park Management Committee of Wuhou District, Chengdu. Agrivoltaics in Dabu County, Guangdong Province SP Group’s first investment in agrivoltaic assets in Guangdong province combines agriculture with solar power generation through efficient land use. Spanning four agricultural sites in Dabu County, Meizhou City, the project taps SP’s expertise in renewable energy to bolster China’s green transition efforts. The 78 megawatt-peak (MWp) solar-plus storage project, when completed in end-2024, will integrate solar photovoltaics with 7.8 MWh battery energy storage systems to enhance grid stability and resilience. The solar assets are expected to contribute 91.3 Gigawatt-hours (GWh) of clean electricity annually to the power grid and reduce over 91,000 tonnes of carbon dioxide emissions each year. To enhance the system’s performance in the long run, SP will also implement digital management solutions to optimise solar energy generation and yield using comprehensive insights and data. Guangdong Lingxiao Pump Industry SP Group’s first Building Integrated Photovoltaic (BIPV) project in China at Guangdong Lingxiao Pump Industry drives clean power generation while saving costs. Spanning an area of 17,000m2, the 4 megawatt-peak (MWp) BIPV rooftop solar system generates solar energy while doubling as a shelter for a carpark that can house 400 cars. The project also extends the rooftop’s lifespan through state-of-the-art thermal insulation technology and a weather-resistant design. Tapping SP’s renewable energy expertise, Guangdong Lingxiao, a global leader in water pumping solutions, is expected to deliver a total of 110 million kWh of clean power over 25 years, or an average of 4.36 million kWh annually. The partnership is also slated to reduce total carbon emissions by nearly 4,500 tonnes each year. Aquavoltaics in Qingdao SP Group and Qingdao Daneng Environmental Protection Equipment Co. Ltd (Qingda Environment) have partnered up to build a 90-Megawatt (MW) aquavoltaic farm that is projected to produce 162 million kilowatt-hours of green electricity annually. The farm will be connected to a hydrogen production facility that will sustainably power Shandong’s first green hydrogen production plant in Qingdao City. The installation of solar photovoltaic (PV) panels across 300 acres – or around 161 soccer fields – of an aquafarm will optimise the land for solar power generation. The project, which could potentially reduce carbon emissions by 160,000 tonnes, is expected to boost Qingda Environment’s sustainability efforts while delivering significant energy and cost savings. International Sports Park City SP Group (SP) has secured the bid to design, build, own and operate a state-of-the-art district cooling and heating system for the new International Sports Park City in Chengdu, China. The project will be SP’s first deployment of an ice thermal energy storage system in China that will provide uninterrupted chilled water supply for cooling services on demand. When operational in 2025, the solution will enable the International Sports Park City – an integrated development with commercial, residential and leisure spaces – to enjoy greater energy efficiency of over 30 per cent for cooling and over 50 per cent for heating. This translates to annual savings of 2,900 Megawatt-hour (MWh) of electricity and reduction of 1,700 tonnes in carbon emissions. With an installed cooling capacity of 9,800 refrigeration tons (RT), this project will be SP’s largest district cooling system in Chengdu, China. Shudu Center SP Group (SP) has acquired Shudu Center’s existing chiller plant to provide the mixed-use development with centralised cooling and heating. As part of the project, SP upgraded the original set-up to a 7,000 refrigeration-tonne (RT) cooling and heating system that serves seven commercial, retail, and office buildings within the 4,400 square metre-complex. The process is enabled by an energy-efficient ice thermal energy storage system that pipes chilled water to cool spaces when electricity demand is high. The solution includes a digital management platform for building owners to remotely track operations and quickly identify areas for maintenance when necessary. There are also space provisions for a further 7,000RT expansion into adjacent developments to provide more sustainable ways of cooling in the surrounding areas. Chongqing East Railway Station Sino-Singapore Energy Services, a joint venture between SP Group and Chongqing Gas Group, is the integrated energy system operator for Chongqing East Railway Station, the largest high-speed railway hub in Western China. The project marks the first time a major high-speed railway hub in the country has appointed a professional third-party energy services provider to manage its energy systems. The integrated energy system spans 360,000 square metres and features a trigeneration setup — combining natural gas-powered electricity generation with high-efficiency chillers to provide cooling, heating and electricity. This includes a cooling and heating capacity of nearly 14,000 refrigeration tonnes. The system also reduces energy consumption by 15% each year and lowers carbon emissions by approximately 9,400 tonnes per year.

STMicroelectronicsSeatriumInternational Urban Design Centre, Wuhou Seatrium Limited Providing turnkey offshore, marine and energy solutions requires a lot of energy. Seatrium Limited (Seatrium), formerly Sembcorp Marine Ltd, is committed to energy optimisation for its yard operations. At Seatrium, sustainability has long been embedded in the company’s business growth strategy. When Seatrium partnered us in 2017, they had a clear goal – to leverage rooftop solar power to green its energy mix, enhance energy efficiency and contribute towards its decarbonisation and sustainable development. It is a big challenge and an exciting one. SP Group (SP) inked an agreement with Seatrium to expand its Tuas Boulevard Shipyard rooftop solar capacity, which currently spans 108 hectares and is equipped with the largest steel structure fabrication facility in Southeast Asia (at 120,000 square meters). Phase 1 in 2017 saw the installation of 4.5 MWp of rooftop solar panels at the yard’s steel fabrication facility, followed by 4.0 MWp of solar panels across seven rooftops at the integrated yard in Phase 2, which was completed in mid-2022. The renewable energy generated will supply nearly 60 per cent of power for the yard’s steel fabrication facility at peak load. We have completed the installation of 2.3 MWp of solar panels for Phase 3 which is scheduled to commence operation in mid-2023. President & CEO of Sembcorp Marine, Mr Wong Weng Sun (L) with the Group CEO of SP Group, Mr Stanley Huang at the signing ceremony of the new agreement. In addition, we are deploying our Green Energy Tech (GETTM) solutions to integrate and optimise the solar energy generated, providing an intelligent and reliable energy management system to realise significant energy savings. While generating a huge amount of solar energy is critical in the overall drive to reduce carbon emissions, managing this power – storing and optimising it – is just as important. That’s why we introduced our state-of-the-art GET smart energy management system to realise significant energy savings. This system incorporates: Internet of Things Artificial Intelligence Sensors Advanced metering infrastructure “Seatrium recognises that it can and must contribute to global decarbonisation and sustainable development. Over the past few years, the Group has taken tangible steps to align its business objectives with Sustainability. Through embedding Industry 4.0 applications and environmentally responsible initiatives in the Group’s operations, Seatrium has been able to deliver innovative and sustainable product solutions to the global offshore, marine and energy industries, and at the same time contribute to a greener and more sustainable planet for current and future generations.” - Seatrium Limited Integrated Solutions implemented Renewable Energy Solutions Green Energy Tech (GET™) At a Glance 8.5MWp Capacity delivers 10,400MWh of electricity annually - enough to power more than 2.300 four-room flats per year 60% of electricity consumed by Tuas Boulevard Yard's steel fabrication facility at peak load are supplied by renewable energy 4,200 tonnes per year reduction in carbon emissions from the environment More Resources Media Release Have a business enquiry? Interested to find out more how our integrated services can serve your business needs? Drop us an online enquiry, and our qualified professionals will reach out to you. Contact Us Form

Media Release Electricity Tariff Revision For The Period 1 April to 30 June 2020 Singapore, 31 March 2020 - For the period from 1 April to 30 June 2020, electricity tariffs (before 7% GST] will decrease by an average of 5.1% or 1.22 cents per kWh compared with the previous quarter. This is due to lower energy costs compared with the previous quarter. For households, the electricity tariff (before 7% GST] will decrease from 24.24 to 23.02 cents per kWh for 1 April to 30 June 2020. The average monthly electricity bill for families living in four-room HDB flats will decrease by $3.89 (before 7% GST] [see Appendix 3 for the average monthly electricity bill for different household types]. *before 7% GST SP Group supports the government’s Resilience Budget 2020 measures to support businesses and manage costs. In the same spirit, SP Group will do its part to defer increasing its network cost to transport electricity through the power grid for 1 year. This will reduce electricity tariff for households by 2.5%. SP Group reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator. The tariffs shown in Appendix 1 have been approved by the EMA. Appendix 1   Appendix 2 BREAKDOWN OF ELECTRICITY TARIFF 1. The electricity tariff consists of the following four components: Energy costs (paid to the generation companies): This component is adjusted quarterly to reflect changes in the cost of fuel and power generation. The fuel cost is the cost of imported natural gas, which is tied to oil prices by commercial contracts. The cost of power generation covers mainly the costs of operating the power stations, such as the manpower and maintenance costs, as well as the capital cost of the stations. Network costs (paid to SP PowerAssets): This fee is reviewed annually. This is to recover the cost of transporting electricity through the power grid. Market Support Services Fee (paid to SP Services): This fee is reviewed annually. This is to recover the costs of billing and meter reading, data management, retail market systems as well as for market development initiatives. Market Administration and Power System Operation Fee (paid to Energy Market Company and Power System Operator): This fee is reviewed annually to recover the costs of operating the electricity wholesale market and power system. Appendix 3

CPMS Annual Assessment FY22/23 (1 st April 2022– 31 st March 2023) For FY22/23, the top 5 contractors who obtained the highest overall Annual Score are as listed below in alphabetical order and not in any ranking sequence - Top 5 Contractors HIAP ENGINEERING & CONSTRUCTION PTE LTD HYUNDAI ENGINEERING & CONSTRUCTION CO., LTD LIH MING CONSTRUCTION PTE LTD MO GUAN CONSTRUCTION ENGINEERING PTE LTD YEW ANN CONSTRUCTION PTE LTD As per our CPMS Policy, the top 5 contractors for the assessment year will be given an incentive of 2% of the total annual value of their respective contracts capped at S$100,000.00 per year per contractor. The bottom 2 contractors (listed in alphabetical order) for the annual assessment are as shown below: Last 2 Contractors HI POWER PTE LTD TAIHAN CABLE & SOLUTION CO., LTD. With immediate effect, as per CPMS Policy 6.0, the 2 contractors with the lowest annual scores will be subjected to a penalty deduction to their PQS scores in all subsequent SP Group tenders published during the next Assessment Year. In addition, they would also have to comply with performance improvement requirements specified by SP Group to address areas of deficiency. SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg

SP Group donates S$1m to Community Chest � THU, JUN 24, 2021 - 5:50 AM | UPDATED THU, JUN 24, 2021 - 5:50 AM SAMANTHA HEO � samheo@sph.com.sg Above: Shari ah Dayana and Andri Panusunan Sagala with their sons, three-year-old Rumi (2nd from left) and one-year old Aria. PHOTO: SP GROUP Singapore SP GROUP (SP) donated S$1 million to Community Chest to kickstart an initiative supporting children from low-income families on Wednesd The initiative, called SP Kids at Heart, will bene t about 2,000 KidSTART children for a year and provide them with educational tools, books a Mohd Hassan Marican, chairman of SP said: "We are expanding our community outreach to help children, who are the future of Singapore." The initiative will complement SP's existing programmes for seniors through the SP Heartware Fund. "Through SP Kids at Heart, we can give them the best possible start in their formative years," he added. Community Chest which will also put the donation towards other electronic devices such as Internet routers and tablets in these learning an development packs. SP said in a press release that it will provide additional grocery vouchers, nancial assistance packages, and other tools and equipment that create more conducive home learning environments for bene ciaries. Minister for Social and Family Development, Masagos Zulki i, said: "SP has shown us how corporates can play their part in building a society opportunities together even amid a pandemic." Mr Masagos is also the chairman of the Growing Together with KidSTART Council. SP will tap into its pool of sta volunteers, known as SP Heart Workers, to assemble, deliver and install the packages for families. They will also produce instructional videos, or engage in on-site activities with bene ciaries when social restrictions lift. SP GROUP CSR

Media Release SP Group and Tenaga Nasional Berhad embark on feasibility study for a second power interconnection between Singapore and Peninsular Malaysia to enable energy transfer Singapore, 5 October 2023 – At the 41st ASEAN Ministers on Energy Meeting (AMEM) which took place in Bali, Indonesia between 22-26 August 2023, Singapore’s national grid operator SP Group (SP) signed a Memorandum of Understanding (MOU) with Tenaga Nasional Berhad (TNB), to jointly launch technical feasibility studies to explore constructing a second power interconnection facility linking Singapore and Peninsular Malaysia. SP and TNB will set up a joint committee to explore the technological and design options for the second power interconnector, while assessing various aspects of the project, including potential environmental implications. Mr Stanley Huang, Group Chief Executive Officer of SP Group, said, “SP Group is committed to upholding network reliability while preparing the grid for integration of sustainable energy sources. In supporting the energy transition, the joint committee will study the technical feasibility of enhancing regional connectivity to meet rising energy demand and enable greater access to renewable energy.” TNB's President and CEO, Dato’ Indera Ir. Baharin Din, said, "We are strongly optimistic about the MoU between TNB and SP, for its role in reinforcing Malaysia-Singapore energy relations and paving the way for a cohesive ASEAN Power Grid. The transformative potential of the second power interconnection facility, will enhance energy reliability, boost regional economic expansion, and promote a dynamic multilateral power trade ecosystem in ASEAN. This partnership underscores TNB's commitment to sustainable energy, regional cooperation, and a cleaner, more prosperous future." The 41st AMEM aims to deepen ASEAN's commitment to reduce the carbon emission and accelerate just and inclusive energy transition in the region. - Ends -

Cents/kWh MEDIA RELEASE ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 OCTOBER TO 31 DECEMBER 2017 Singapore, 30 September 2017 – For the period from 1 October to 31 December 2017, electricity tariffs will decrease by an average of 2.1% or 0.42 cent per kWh compared to the previous quarter. The tariff reduction is due to the lower cost of natural gas for electricity generation as well as lower non-fuel costs. For households, the electricity tariff will decrease from 20.72 to 20.30 cents per kWh for 1 October to 31 December 2017. The average monthly electricity bill for families living in four-room HDB flats will decrease by $1.59 (see Appendix 3 for the average monthly electricity bill for different household types). Quarterly Household Electricity Tariff 22.00 21.39 21.00 20.20 20.72 20.30 20.00 19.00 19.50 19.27 19.13 18.00 17.68 17.00 16.00 Jan - Mar 16 Apr - Jun 16 Jul - Sep 16 Oct - Dec 16 Jan - Mar 17 Apr - Jun 17 Jul - Sep 17 Oct - Dec 17 SP Group reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator. The tariffs given in Appendix 1 have been approved by the EMA. Issued by: SP Group 2 Kallang Sector Singapore 349277 www.spgroup.com.sg Appendix 1 ELECTRICITY TARIFFS FROM 1 OCTOBER 2017 Existing Tariff (without GST) New Tariff (without GST) New Tariff (with 7% GST) LOW TENSION SUPPLIES, DOMESTIC All units, ¢/kWh LOW TENSION SUPPLIES, NON-DOMESTIC All units, ¢/kWh HIGH TENSION SMALL (HTS) SUPPLIES Contracted Capacity Charge $/kW/month Uncontracted Capacity Charge $/chargeable kW/month 20.72 20.30 21.72 20.72 20.30 21.72 8.36 8.36 8.95 12.54 12.54 13.42 kWh charge, ¢/kWh Peak period (7.00am to 11.00pm) 17.94 17.47 18.69 Off-peak period (11.00pm to 7.00am) 10.84 10.55 11.29 Reactive power Charge ¢/chargeable kVARh HIGH TENSION LARGE (HTL) SUPPLIES Contracted Capacity Charge $/kW/month 0.59 0.59 0.63 8.36 8.36 8.95 Uncontracted Capacity Charge $/chargeable kW/month kWh charge, ¢/kWh 12.54 12.54 13.42 Peak period (7.00am to 11.00pm) 17.72 17.25 18.46 Off-peak period (11.00pm to 7.00am) 10.83 10.54 11.28 Reactive power Charge ¢/chargeable kVARh EXTRA HIGH TENSION (EHT) SUPPLIES Contracted Capacity Charge $/kW/month 0.59 0.59 0.63 7.54 7.54 8.07 Uncontracted Capacity Charge $/chargeable kW/month kWh charge, ¢/kWh 11.31 11.31 12.10 Peak period (7.00am to 11.00pm) 16.84 16.38 17.53 Off-peak period (11.00pm to 7.00am) 10.74 10.45 11.18 Reactive power Charge ¢/chargeable kVARh 0.48 0.48 0.51 Appendix 2 BREAKDOWN OF ELECTRICITY TARIFF 1. The electricity tariff consists of the following four components: a) Energy costs (paid to the generation companies): This component is adjusted quarterly to reflect changes in the cost of power generation. b) Network costs (paid to SP PowerAssets): This fee is reviewed annually. c) Market Support Services Fee (paid to SP Services): This fee is reviewed annually. d) Market Administration and Power System Operation Fee (paid to Energy Market Company and Power System Operator): This fee is reviewed annually to recover the costs of operating the electricity wholesale market and power system. Q4 2017 TARIFF Market Admin & PSO Fee 0.05¢/kWh (<1%) MSS Fee 0.37¢/kWh (1.8%) Network Costs 5.30¢/kWh (26.1%) Energy Costs 14.58¢/kWh (71.8%) Appendix 3 AVERAGE MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS (TARIFF WEF 1 OCTOBER 2017) Types of Premises Average monthly consumption per Customer Average Monthly Bill New Average Monthly Bill Average Change in Monthly Bill kWh $(a) $(b) $(b-a) % HDB 1 Room 138.40 28.68 28.10 (0.58) (2.0) HDB 2 Room 195.55 40.52 39.70 (0.82) (2.0) HDB 3 Room 277.50 57.50 56.33 (1.17) (2.0) HDB 4 Room 379.84 78.70 77.11 (1.59) (2.0) HDB 5 Room 443.37 91.87 90.00 (1.87) (2.0) HDB Executive 535.47 110.95 108.70 (2.25) (2.0) Apartment 541.37 112.17 109.90 (2.27) (2.0) Terrace 938.41 194.44 190.50 (3.94) (2.0) Semi-Detached 1,239.43 256.81 251.60 (5.21) (2.0) Bungalow 2,452.50 508.16 497.86 (10.30) (2.0) Average 452.12 93.68 91.78 (1.90) (2.0)