Consumption_Gas Average consumption of Gas (kWh) Premises Types Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 HDB 1-Room 39 35 36 31 34 35 34 34 33 35 36 34 HDB 2-Room 38 37 36 33 34 35 34 36 33 35 35 36 HDB 3-Room 52 50 50 47 49 50 49 49 47 48 49 50 HDB 4-Room 65 62 62 58 60 62 61 61 58 59 61 63 HDB 5-Room 72 68 68 64 67 69 69 68 65 65 68 72 HDB Executive 77 73 72 69 71 73 72 72 68 69 72 76 Apartment 95 87 84 76 81 89 92 89 83 85 92 97 Terrace 107 103 105 96 100 108 112 106 106 99 108 116 Semi-Detached 123 117 120 116 120 125 120 130 122 116 122 137 Bungalow 205 195 186 188 177 197 202 198 181 191 197 204

Utility Bill Avg_With Gas Utility Bill Average ($) for households with gas Premises Types Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 HDB 1-Room 82.42 81.64 83.97 78.63 77.93 75.97 75.08 81.01 81.16 83.75 83.87 90.61 HDB 2-Room 95.00 93.57 97.93 90.47 90.07 87.60 87.37 94.56 94.39 97.23 98.46 105.71 HDB 3-Room 122.50 121.04 124.31 116.58 115.44 112.93 113.86 121.88 120.31 125.78 126.41 137.36 HDB 4-Room 147.59 145.21 150.28 139.53 138.26 135.87 137.34 146.67 144.03 150.19 150.58 163.08 HDB 5-Room 157.97 155.35 160.85 149.14 146.83 145.17 147.64 157.34 153.65 160.62 159.65 174.02 HDB Executive 175.34 171.18 178.17 164.07 162.41 160.35 164.43 173.70 169.66 176.41 176.10 193.01 Apartment 182.73 180.50 187.96 176.05 165.34 160.41 168.05 178.81 182.35 188.05 184.11 202.46 Terrace 292.67 293.17 295.21 285.78 275.95 276.55 284.40 288.13 288.28 301.82 306.22 323.82 Semi-Detached 370.72 362.56 376.52 353.09 342.58 345.08 355.72 360.49 364.38 376.24 385.79 402.82 Bungalow 728.77 693.44 732.73 682.55 680.55 658.72 683.89 721.43 736.03 749.42 755.95 794.63 Note: The figures exclude electricity charges for PAYU customers and customers who are not purchasing electricity at the regulated tariff. Utility Bill Avg_WO Gas Utility Bill Average ($) for households without gas Premises Types Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 HDB 1-Room 73.97 73.36 75.72 70.53 69.56 67.40 67.06 72.45 73.17 75.38 75.74 82.06 HDB 2-Room 86.56 85.41 89.23 82.47 81.75 79.33 78.98 85.79 86.30 89.17 90.37 97.14 HDB 3-Room 110.33 109.14 112.40 105.15 103.85 101.34 102.03 109.65 108.97 114.27 114.94 124.90 HDB 4-Room 132.51 130.31 135.32 125.42 124.11 121.47 122.33 131.34 130.12 136.00 136.35 147.71 HDB 5-Room 141.18 138.68 144.16 133.40 131.27 129.19 130.70 140.15 138.19 144.77 143.93 156.77 HDB Executive 157.57 153.76 160.51 147.39 145.83 143.33 146.49 155.34 153.08 159.88 159.36 174.64 Apartment 161.05 158.14 166.34 155.85 144.88 138.68 145.16 157.04 163.00 167.92 164.57 181.19 Terrace 266.42 265.98 269.32 259.90 252.25 251.03 256.90 262.03 264.47 276.75 281.75 298.19 Semi-Detached 340.35 333.46 344.79 323.43 314.80 316.37 323.27 330.29 335.83 348.16 356.89 371.51 Bungalow 680.97 644.28 684.59 638.58 634.59 612.19 635.63 673.27 688.72 701.56 708.60 745.78 Note: The figures exclude electricity charges for PAYU customers and customers who are not purchasing electricity at the regulated tariff.

Media Release SP Group launches Singapore’s first distributed district cooling network at Tampines The sustainable cooling solution strengthens Tampines’ Eco Town ambitions, by reducing carbon emissions by 1,000 tonnes, and achieving energy savings of more than 2,300,000 kilowatt-hours (kWh) annually. SINGAPORE, 14 MARCH 2025 — SP Group (SP) has commenced operations for a distributed district cooling (DDC) network at Tampines, making it Singapore’s first town centre retrofitted with this sustainable cooling solution. The network was officially launched by Mr Masagos Zulkifli, Adviser to Tampines GRC GROs, Minister for Social and Family Development, Second Minister for Health and Minister-incharge of Muslim Affairs, at Our Tampines Hub. Four other Advisers to Tampines GRC GROs, Dr Koh Poh Koon, Mr Desmond Choo, Mr Baey Yam Keng, and Dr Charlene Chen also attended the event. The DDC network is specially engineered for brownfield developments to provide the same cooling comfort while enhancing energy efficiency and lowering carbon emissions. One key requirement during the construction of the network was to minimise disruption to traffic flow and daily business operations. Over the two-year construction period, SP regularly engaged with building owners, residents, and the public to mitigate inconvenience to the community. Seven existing buildings across the town centre are connected to the network – Century Square, CPF Tampines Building, Income At Tampines Junction, OCBC Tampines Centre 2, Our Tampines Hub, Tampines Mall and Tampines 1. The network will strengthen Tampines’ Eco Town ambitions by helping the town centre reduce its carbon emissions by 1,000 tonnes annually – equivalent to removing 910 cars off our roads. It will also achieve energy savings of more than 2,300,000 kilowatt-hours (kWh) annually, which can power more than 710 three-room HDB households for a year. Mr Masagos said: “With climate change worsening, there is an urgent need to bolster our national sustainability efforts to address inevitable environmental challenges in the coming years. This distributed district cooling project will therefore provide a crucial foundation for Singapore to deploy more sustainable energy solutions in existing townships. Apart from enjoying energy and cost savings, building owners who pool their resources together can reduce their carbon emissions and play an important role in Singapore’s sustainable development.” “The launch of the distributed district cooling network in Tampines marks a significant milestone as Singapore’s first district cooling solution in a brownfield development. This pioneering initiative by SP Group highlights that by reimagining how cooling solutions are deployed in existing urban environments, we can unlock new pathways to support the nation’s climate goals and drive long-term resilience. We appreciate the support of our partners and building owners to bring this cooling solution to completion, laying the foundation for future eco-districts and a greener tomorrow.” said Mr Stanley Huang, SP’s Group Chief Executive Officer. Instead of constructing a new centralised cooling plant, a DDC network utilises existing in-building chiller plants that have been carefully evaluated. A few injection nodes are then selected based on their existing excess cooling capacity and superior energy efficiency factor. Of the seven buildings in Tampines plugged into the DDC network, Century Square, Our Tampines Hub and Tampines 1 will serve as injection nodes. By connecting the injection nodes through a piping network, the rest of the buildings can obtain chilled water for their cooling needs, thereby removing the need for their own chiller plants completely. This in turn optimises the installed cooling capacity, ensures chiller systems operate at maximum efficiency, and leads to more benefits including reducing equipment costs and freeing up leasable space. For the next phase, SP Group is in discussions to add more buildings in the vicinity to the network, further enhancing Tampines’s Eco Town ambitions. Following a successful feasibility study of brownfield DDC published in August 2021, the now completed network in Tampines will support the Singapore Green Plan 2030, a whole-of-nation movement to advance Singapore’s national agenda on sustainable development. Cooling contributes to Singapore’s annual carbon emissions, as air-conditioning can utilis up to 50 per cent of a building’s energy consumption. With more than 80 per cent of Singapore’s landscape being brownfield, a wider application of such a sustainable cooling solution will contribute towards the energy goals under the Green Plan and Singapore’s climate targets of reaching net zero by 2050. Quotes from building owners Quote from CapitaLand Integrated Commercial Trust “At CICT, we are committed to embedding sustainability considerations into key stages of our real estate lifecycle as we work toward achieving goals which are aligned with our sponsor CapitaLand Investment’s 2030 Sustainability Master Plan. From investment to design, development, and operations, we continuously seek solutions that will enhance our sustainability performance while meeting the evolving needs of our stakeholders. As at 31 December 2024, our entire portfolio, including Tampines Mall, is green-certified. We are pleased to be part of the distributed district cooling network at Tampines, contributing to the collective effort of building a more sustainable future and supporting the communities where we operate.” – Mr Tony Tan, Chief Executive Officer, CapitaLand Integrated Commercial Trust (CICT) Management Limited Quote from Central Provident Fund (CPF) Board “The launch of the district cooling system in Tampines is a significant milestone to deploy a more sustainable and energy-efficient solution to existing developments, and CPF Board is happy to have CPF Tampines Building be a part of this effort. This innovative infrastructure will bolster the energy efficiency performance of our building and reduce our carbon footprint. It exemplifies the Board’s commitment to innovative, eco-friendly solutions that benefit both our operations and the environment." – Ms Melissa Khoo, Chief Executive Officer, CPF Board Quote from Frasers Property Singapore "We are proud to support the Singapore Green Plan 2030 as we mark the completion of the nation’s first brownfield distributed district cooling network. As a leading real estate player, Frasers Property is committed to delivering sustainable, energy-efficient solutions that benefit our businesses and the wider ecosystem. With our Tampines 1 and Century Square malls serving as key nodes of the network, we are not only optimising energy use for our own operations but also supporting other participating businesses in Tampines. This groundbreaking initiative aligns with our net zero goal by 2050 and underscores the significance of partnerships in creating a sustainable built environment. Together with like-minded corporations, we are advancing innovative solutions that pave the way for a greener and more resilient future for all." – Ms Soon Su Lin, Chief Executive Officer, Frasers Property Singapore Quote from Income Insurance “We are pleased to partner SP Group on this impactful initiative that brings together like-minded stakeholders to collectively support climate transition. By being part of the distributed district cooling network in Tampines’ Eco Town, we will be able to better optimise energy efficiency and distribution, which can only be beneficial for the environment, our tenants and the community in the long-term. Such innovative green initiatives align with Income Insurance’s decarbonisation efforts as we progress towards our ambition to be net-zero by 2050, and also in support of the Singapore Green Plan 2030.” – Mr David Chua, Chief Investment Officer, Income Insurance Quote from OCBC “We are delighted to contribute to the establishment of Singapore’s first distributed district cooling network at Tampines. Conducting our business responsibly and managing our environmental footprint is critical to us. While our banking operations have already achieved carbon neutrality, we will continue to pursue innovative solutions and collective action to address the climate challenges of the future.” – Ms Emily Teo, Head of Group Property Management, OCBC Quote from People’s Association “The People’s Association (PA) supports the Tampines Distributed District Cooling project as it complements PA’s wider sustainability goals of reducing 10% of our energy use by 2030. In addition, the incentive bonus floor area granted for our participation in this project will enable us to build a new facility at Our Tampines Hub to benefit Tampines residents.” – Mr Goh Si Mien, Assistant Chief Executive (Corporate Development), People’s Association

SP partners State Grid China at International Forum on Power System Transformation 2025 SUSTAINABILITY SP's delegation at the International Forum on Power System Transformation 2025, an energy utilities conference organised by State Grid Corporation of China (SGCC) in Beijing, China. A delegation from SP was at the International Forum on Power System Transformation 2025, an energy utilities conference organised by State Grid Corporation of China (SGCC) from 19-20 May in Beijing, China. SP was among the co-hosts of the event. Stanley was a panelist at the CEO Roundtable where he shared Singapore’s journey towards a net-zero energy system and highlighted the importance of strengthening cross-border partnerships to advance our collective green energy agenda. In conjunction with the forum, SP signed a Strategic Cooperation Memorandum of Understanding with SGCC to deepen our partnership through technical exchanges that will advance our energy transition capabilities. The MOU also outlined the intent to explore commercial cooperation across the region. As part of the forum, the SP delegation visited Zhangjiakou in Hebei province, to see the Zhangbei Demonstration Project. This is a key project in China that integrates wind and solar power, combined with a battery energy storage system and smart grid transmission. - 20 May 2025 TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group marks 20 years of Marina Bay district cooling network operations, with plans for expansion SP Group Strengthens EV Charging Network with Full Acquisition of ChargEco SP Group partners KBC to study and develop Vietnam's first district cooling system for industrial parks

SP GROUP PARTNERS WUHOU DISTRICT GOVERNMENT TO DEVELOP SMART ECO-DISTRICT IN CHENGDU • Partnership with district government will transform Wuhou into the benchmark for smart and sustainable districts in Chengdu. • Smart energy solutions to be deployed at the International Urban Design Centre from 2021. Chengdu, China and Singapore, 13 July 2021 – SP Group (SP) announced a partnership with People’s Government of Wuhou District, Chengdu, to transform the largest of five city centre districts in Chengdu, to a smart eco-district. Through this partnership, SP will deploy smart and sustainable energy solutions to accelerate the city’s urban renewal masterplan. Wuhou is a mature government and civic district identified for revitalisation in Chengdu’s urban renewal masterplan. The masterplan aims to rejuvenate and transform existing buildings and districts into sustainable ecosystems that drive economic growth, innovation and cultural engagement for Chengdu. At a signing ceremony witnessed by Ms Xiong Miao, Head of International Economic Trade Partnerships, Chengdu Commerce Bureau; Ms Lin Li, District Deputy Secretary and District Mayor, People’s Government of Wuhou District, Chengdu; and Ms Foo An Gie, Regional Group Director, West China, Enterprise Singapore, SP Group inked two Memorandums of Understanding (MOU) and was appointed the energy and building solutions partner for International Urban Design Centre (IUDC) in Wuhou, Chengdu. Under the MOUs, SP will serve as the sustainable energy solutions partner to the district government with the objective of establishing the district as the benchmark for smart eco-districts in Chengdu. With an estimated rejuvenation pipeline of over 630,000 sqm (gross floor area) over the next five years, the collaboration will explore a wide range of solutions to help the city meet future infrastructural demands in a sustainable way. This includes developing and implementing technologies and digital solutions such as advanced data analytics and artificial intelligence tools to support the city’s roadmap to carbon neutrality. 1 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 IUDC over the next 25 years, at an estimated total contract value of 110 million (SGD). The solution will provide building owners with real-time insights on their energy and utilities usage data to help them optimise building performance, energy efficiency and comfort for endusers. IUDC consists of four existing buildings with an estimated gross floor area of 48,000 sqm. Group Chief Executive Officer of SP Group, Mr Stanley Huang, said, “Chengdu is a key growth engine in southwestern China and an important hi-tech hub. We are excited to partner the Wuhou district government to create a sustainable, livable and vibrant city centre. Over time, the ability to ensure adaptive reuse of established buildings to meet new needs becomes critical. Leveraging our experience in Singapore and China, we will implement green energy technology and digital solutions to push the limits of buildings’ energy efficiency and performance standards.” In China, SP Group invested, designed, and operates Raffles City Chongqing’s energy-efficient cooling and heating system since 2019 to deliver energy savings for the customer. SP also established a joint venture in August 2020 to develop district cooling, heating and integrated energy solutions that will help the China-Singapore Guangzhou Knowledge City (CSGKC) achieve energy savings and efficiency targets. SP Group currently has three offices in China (Guangzhou Chongqing and Chengdu), with its China headquarters located in Shanghai. 2 Architect’s impression of the International Urban Design Centre after redevelopment (Source: Three Kingdoms Themed Innovation Park Management Committee of Wuhou District, Chengdu) -Ends- 3 About SP Group SP Group is a leading utilities group in the Asia Pacific, enabling a low-carbon, smart energy future for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of renewable and sustainable energy solutions including solar energy solutions, microgrids, cooling and heating systems for business districts and residential townships, electric vehicle fast charging and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. 4

CHAIRMAN'S MESSAGE 2023 The mission of SP Group is anchored on key pillars of safety, reliability and sustainability in providing quality energy services to our customers. Beyond operating world-class electricity and gas networks, we are driving transformation towards a low-carbon future that contributes to the green goals of Singapore and the countries in which we operate. Building resilient networks We ended the year on a strong note with outstanding performance in safety and reliability. With an established bedrock of engineering expertise and diligent round-the-clock operations, we continued to provide reliable electricity and gas supply for the nation. For the year ending March 2023, this has resulted in an excellent System Average Interruption Duration Index (SAIDI) score of 0.176 for electricity and 0.1335 for gas supply. This means that on average, a customer experienced just 11 seconds of electricity interruption and 8 seconds of gas interruption. - 2 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 Despite challenges from global economic, political and environmental developments, our teams have supported rising energy demand and sustained high network reliability. Our engineers and technical specialists manage over 12,000 substations, vigilantly inspecting vital assets such as cables, transformers and switchgears. In the past year, we renewed 139 km of cables, 1,204 switchgears and 304 transformers. We delivered growth and renewal projects such as the replacement of ductile iron gas pipelines with durable polyethylene pipes, and achieved key milestones on the underground electricity substation. To shape the grid of the future, we are laying the foundation for a digitalised network. We are expanding our online condition sensing and monitoring to an additional 40 source stations, and scaling up on two pilots – distributed energy resources management (DERMS) and the Digital Twin. We are also exploring and implementing digital technologies in various areas like advanced control and monitoring, sensing, artificial intelligence and edge computing. Building a digitalised network to enhance reliability and sustainability - 3 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 SP was recognised at the regional Power & Energy Awards for “Building the Energy Metaverse with A Digital Twin” and “Improving SAIDI with Condition Monitoring Systems and Engineering”. These affirmed the team’s efforts in building a smart grid that supports the transition towards a low-carbon energy future. We will continue to prioritise the transformation of our grid into one that remains resilient while supporting renewable energy deployment to meet the country’s energy needs. Maintaining safety focus Safety remains our highest priority and is firmly ingrained in all aspects of our business. This comes through in consistent practices on the ground, across the ranks and with our contractors, augmented by digital tools for real-time monitoring and timely reporting and reviews. These have contributed to SP’s safety target achieved for the fourth consecutive year, with a Loss time Injury Frequency Rate of 0.37 last year. Our commitment to safety has earned global recognition as SP has been awarded the British Safety Council’s International Safety Award (Merit) for maintaining exceptional safety standards and keeping the workplace safe for our staff and contractors. SP has also been certified as a Global Health Workplace by the Global Centre for Healthy Workplaces. Upholding safety in all aspects of business and operations With digitalisation as an intrinsic part of business operations and customer engagement, we maintain our focus on strengthening cyber resilience and promoting awareness across the organisation. This is in tandem with industry best practices and in close partnership with government agencies and experts. - 4 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 Elevating customer experience The digital transformation of our business has enhanced service capacity and efficiency for the 1.6 million commercial, industrial and residential customers we serve. We have integrated more user-friendly features and services, like the PayNow payment function on the SP app, which has over 1.87 million downloads as at 31 March 2023. Beyond utilities and billing transactions, we are empowering users to track and reduce their carbon footprint through climate-oriented features like Green Goals. These were among the efforts of our customer experience teams who were recognised with the Excellent Service Award (EXSA) 2022. Attaining strong financial results Amidst a backdrop of volatile environment, slowing global growth, inflation and higher interest rates, SP Group recorded a strong performance in FY22/23. The Group achieved a net profit of S$1.033 billion and Return of Equity of 7.9 per cent. - 5 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 The Group’s net revenue rose by five per cent to S$2.7 billion, driven by a higher Regulated Asset base and stronger results in Sustainable Energy Solutions. Regulated business remains stable, recording S$2.6 billion of revenue in FY22/23. Sustainable Energy Solutions revenue grew by 29 per cent to S$106 million. With the stable financial result and positive outlook, Moody's and S&P have maintained the credit ratings for SP Group at Aa1 and AA+ respectively. Scaling up sustainable energy solutions for Singapore We have created a strong path of growth in green solutions and decarbonisation for Singapore and the region. Our Sustainability Review details the progress in our multi-pronged strategies that are aligned with the United Nation’s Sustainable Development Goals. These also contribute to achieving key aspects of Singapore’s Green Plan. Our portfolio of district cooling solutions has been extended to more commercial, industrial and residential properties. With a total cooling capacity of 170,000 refrigeration tonnes (RT), SP is the largest district cooling provider in Southeast Asia. We are expanding our flagship network at the Marina Bay business district to provide energy efficient cooling to 32 developments by 2027. In our joint venture with Daikin, we have kicked off development of STMicroelectronics’s (STM) district cooling facility at Ang Mo Kio Technopark – Singapore’s largest industrial district cooling system with a capacity of up to 36,000 RT. We have also deepened our collaboration with STM with an integrated approach – providing electric vehicle charging points and smart water metering solutions to support their journey towards carbon neutrality by 2027. In our first large-scale residential centralised cooling project located at the new Tengah estate, we have developed the infrastructure and are putting in place our customer service systems to operationalise the facility for the 10,000 households that have signed up. Efforts are also in progress in our first brownfield project to equip seven commercial, retail and community buildings in Tampines town with distributed district cooling, as part of its eco-town masterplan. - 6 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 SP is installing rooftop solar PV systems at six of AA REIT's properties SP is taking the lead in charting the decarbonisation journey at our own premises and facilities. We have started installing rooftop solar panels on 37 electrical substations across Singapore. A first in Southeast Asia, we have embarked on a pilot to test the viability of a thermal energy storage system at the George Street substation and install additional chillers to support future expansion of the Marina Bay district cooling network, bringing sustainable cooling to more buildings. This initiative, with the support of the Energy Market Authority, will pave the way for more green projects that leverage our energy networks. SP is empowering corporate customers such as AIMS APAC REIT (AA REIT) with our capabilities to generate renewable energy for their business needs. Work is underway to install rooftop solar photovoltaic (PV) systems across six of AA REIT’s industrial, logistics and warehouse properties, making it one of the largest rooftop solar installations by any Singapore-listed real estate investment trust. - 7 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 To bolster electric vehicle (EV) adoption in Singapore, SP is scaling up charging facilities across the island. We operate Singapore’s largest EV charging network, with more than 750 charging points in close to 185 locations, as at 30 June 2023. SP has also been awarded the Land Transport Authority’s tender to install up to 4,800 charging points across more than 400 Housing Development Board carparks. This marks our first and biggest rollout of EV charging points in the public residential space. In addition, we are teaming up with Surbana Jurong to turn its premises into the largest on‐campus EV charging hub in Southeast Asia. SP is expanding its electricity load curtailment capacity by partnering National Water Agency PUB to onboard its electricity load operations onto our system. We are partnering National Water Agency PUB to participate in the Energy Market Authority’s Demand Response and Interruptible Load programmes. This means PUB will voluntarily reduce its energy use or temporarily shift usage during periods of peak usage or when supply from renewable energy sources is intermittent. This will help balance demand and supply on the national power grid at critical times, while facilitating the integration of more renewables. As a demand response aggregator, SP has the unique opportunity to facilitate electricity load curtailment across multiple sites for suitable companies. SP is equipping businesses with digital and smart metering solutions, to enhance operational efficiency, hence advancing the sustainability agenda at scale. Last year, key partners including Changi Airport Group, Singapore Land Group, Singapore Pools, Trelleborg, Shaw Organisation, UE Square, Frasers Properties and Ministry of Education, adopted SP’s Green Energy Tech (GET ™) to drive greater energy efficiency and reduce carbon footprint in their daily operations. Our carbon solutions business has taken flight, with a record 1.6 million renewable energy certificates sold to local and regional customers. We have also secured an exclusive partnership with Turnkey, a climate tech company, to provide carbon accounting and climate advisory services to customers in these regions. - 8 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 Expanding sustainable solutions for the region With our established track record in Singapore, SP is well placed to extend our sustainable energy solutions and capabilities abroad. We have grown our presence in China, Vietnam and Thailand in the last two years, resulting in a three-fold increase in net revenue for these businesses. Following our first foray into Chongqing, China, a strong pipeline of projects has taken root across 11 provinces in China including major cities like Shanghai, Guangzhou and Chengdu, making SP well placed to be among the top foreign players in the country’s energy sector. In the past year, we secured our first brownfield district cooling project in Chengdu, Wuhou. We have acquired 110 Megawatts-peak (MWp) of rooftop PV assets from Shanghai Unisun New Energy Co Ltd, that will generate more than 111 Gigawatt-hours (GWh) of green electricity annually, amounting to an avoidance of more than 64,000 tonnes in carbon emissions annually. From Sichuan to Shandong, we are supporting industrial parks and factories to incorporate clean energy, by designing solar rooftop solutions that maximise yield, enhance energy savings and lower carbon emissions. Ground-breaking for SP's project at SABECO's brewery in the Quang Ngai Province, one of nine breweries which SP will install with 10.44 Megawatt-peak of solar panels in total In Vietnam, where we have offices in Ho Chi Minh City and Hanoi, SP is one of the country’s largest rooftop solar players, partnering respected brands like Sabeco, Saitex, Vinamilk and CJ Group. We acquired our first solar farm assets of 100 Megawatts-peak collectively, generating 130 GWh of green electricity, leading to an avoidance of 105,000 tonnes in carbon emissions annually. Our most recent regional expansion has taken us to Thailand, where we have set up an office in Bangkok. Our rooftop and utility-scale solar capacity in all markets has grown, with a secured capacity of 930 MWp – 545MWp in China, 330MWp in Vietnam, 10MWp in Thailand and 45MWp in Singapore, of which 273 MWp is operational and 657MWp is under development. - 9 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 Purpose-driven workforce To fulfil our mandate to empower the future of energy, our people need to constantly stay ahead with skills and knowledge to drive impactful solutions and service. In the past year, we invested S$8 million and 155,000 training hours to fortify our future-ready workforce. This included funding five technical officers for their full-time Electrical Power Engineering degree course at Singapore Institute of Technology. To shore up our in-house capabilities and create a pathway for knowledge transfer, we have increased our pool of technical experts from seven to 23 in nine domain areas to mentor our emerging engineering talent and help them stay at the forefront of industry transformation. Minister of State Low Yen Ling and Group CEO of SP Group Stanley Huang with SP's technical officers who are pursuing their full-time degree at Singapore Institute of Technology, sponsored by SP In SP’s signature FUSION programme, 150 staff completed upskilling courses customised for specific operational needs to achieve better efficiency and enrich job exposure. Partnering the Union of Power and Gas, we launched Project Silver+ with a view to enhance employability of mature workers and help them address opportunities and challenges in this season of their careers. In the past year, our employees signalled their strong support for SP’s vision and strategic direction with a record score of 87.6 per cent in our annual employee engagement survey. We will continue to invest in developing our people and equip them for the critical services and transformational outcomes of their contributions. - 10 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 Empowering the community Even as we celebrate success, we remain committed to sustained giving and meeting the evolving needs of our community. SP has funded and set up programmes to benefit vulnerable groups in society across the age spectrum, from seniors, to children and youth. In our stepped-up efforts last year, we contributed about S$5 million in donations and staff volunteerism towards various community causes and industry initiatives. SP Kids at Heart is a key pillar of our corporate giving, supporting children from lower-income families. We reaffirmed our support for the 3,000 children under KidSTART Singapore through a S$1.1 million donation in June 2022 – an extension of the S$1 million donation the year before. The contribution went towards the launch of two new initiatives to foster parent-child bonding and early childhood literacy during their formative years. The children and their families benefited from KidSTART Sea Adventures, an interactive marine play that gave children their first theatrical experience, and KidSTART Stories, where families received a mini library to help nurture reading habits from young. SP also funded new children’s programmes – digital tablets to support after-school learning for children under AMKFSC Community Services and more than 60,000 meals for children at Care Corner’s student care centres. Reaffirming SP's support for KidSTART Singapore's programmes through a S$1.1 million donation. (From left) SP's Group CEO Stanley Huang, Chairman of Community Chest Chew Sutat and CEO of KidSTART Singapore Limited Rahayu Buang. We expanded our outreach in supporting at-risk youth in Singapore, through a S$750,000 donation to Youth Guidance Outreach Services (YGOS), a social service agency that strives to inspire youth in pursuing a fulfilling education and to give back to the community. This funding covered the purchase of an electric vehicle for a new mobile outreach support team and the refurbishment of two youth centres as well as enables YGOS to bring its programmes to more youths. We maintained our support for seniors through programmes that help them to lead fulfilling and meaningful lives in their silver years. About S$1 million was raised for the SP Heartware Fund last year, reaching out to 23,000 vulnerable seniors. - 11 - SP GROUP ANNUAL REPORT 2022/2023 CHAIRMAN'S MESSAGE 2023 This totalled close to S$20 million raised since the Fund was established in 2005 in partnership with Community Chest. These programmes support services for 25,000 vulnerable seniors. At Toa Payoh West – Thomson, we provided close to 70,000 meals for seniors and engaged them in activities and outings to promote active aging and prevent social isolation. SP also maintained our scaled-up annual SP Power Packs charity drive, providing 10,000 lower-income families with daily necessities. The engine behind our community outreach is our pool of staff volunteers, known as SP Heart Workers. They are committed to organising activities throughout the year, such as outings, grocery shopping, befriending sessions as well as the delivery of Power Packs and SP Kids at Heart learning packs. SP is honoured to be recognised for these efforts through the Community Chest Platinum, Volunteer Partner and Enabler Awards, as well as the Champions of Good by the National Volunteerism and Philanthropy Centre, and the Ministry of Social and Family Development’s Community Cares Award. Giving new meaning to service with a heart, SP received national recognition for contributing to the nation’s pandemic relief efforts. Supporting the Ministry of Health’s COVID-19 Home Recovery Buddy Hotline, team leader Tan Jun Huang and assistant leader Eddie Neo, who both carry out customer experience roles at SP Services, received the Public Service Medal (COVID-19). They were also among 16 staff who received the COVID-19 Resilience Medal. As an organisation, SP was recognised with COVID-19 Resilience Certificate, as well as the President’s Certificate of Commendation for sustained support and contributions to the community through donations and volunteerism during the pandemic. In appreciation On behalf of the Board, I thank Tan Sri Hassan Marican for his leadership as Chairman of SP’s Board till 1 January 2023 and his contributions on the Board since February 2011. The SP Group has gained tremendously from his vast experience, and people-centric stewardship. I am also grateful to my fellow Board members for their support and counsel. In addition, I welcome Mr Antonio Volpin and Mr Ching Wei Hong who joined the SP Board on 1 April 2023 and 1 June 2023 respectively. towards decarbonisation in all aspects of our business and operations. I also thank our shareholder, business and community partners, union, and regulator for their support and collaboration. As a leading utilities and sustainable energy solutions provider, we will forge ahead with conviction to empower more initiatives and outcomes for a greener future. I commend the management and staff of SP Group for their steadfast efforts in providing reliable and trusted services in our core responsibilities, and paving new pathways Leong Wai Leng Chairman August 2023 - 12 - SP GROUP ANNUAL REPORT 2022/2023

Dana Suncare SG bantu ringan kos sara hidup, perkasa keyakinan diri anak Pasangan suami isteri, Encik Muhammad Hafiz Sapeh dan Cik Nur Adilah Zuraime adalah antara 200 keluarga yang bakal menerima manfaat daripada Dana Suncare SG. Mereka bersama anak mereka (dari kiri); Muhammad Adam Qayyum, Muhammad Aqil Qayyis, Muhammad Afan Qayyid, dan Maya Amara Qayyisha, semasa acara Hari Kanak-Kanak di The Lighthouse pada 4 Oktober. – Foto BH oleh IZWANDI AZMAN ▶ IZWANDI AZMAN izwandi@sph.com.sg Setiap malam, Encik Muhammad Hafiz Sapeh tidur di ruang tamu, sementara isterinya, Cik Nur Adilah Zuraime, bersama empat anak kecil mereka yang berusia antara satu setengah bulan dengan tujuh tahun, berkongsi katilratuatau‘QueenSizeBed’dibilik tidur. Ini memandangkan ruang yang sempitdiflatsewaduabilikdiPunggol itu tidak mengizinkan seisi keluarga tidur bersama. Namun, keadaan itu bakal berubah tidak lama lagi apabila mereka dijangka menerima sebuah katil dua tingkat daripada badan amal Suncare SG, yang ditubuhkan pada November 2022, bagi menyokong kesejahteraan kanak-kanak dan belia. Bagi Encik Hafiz, 37 tahun, seorang juruteknik kawalan serangga, dan Cik Adilah, 24 tahun, seorang suri rumah, sebuah katil dua tingkat membawa makna besar kepada kehidupan keluarganya yang sudah menetap di flat itu sejak 2022. “Saya gembira sebab nanti boleh tidur sebilik dengan anak-anak. Walaupun ada yang tidur di atas, sekurangkurangnya kami semua berdekatan. “Saya harap ia boleh buat kami sekeluarga meluangkan masa bersama atau‘bonding’ demi lebih eratkan ikatan keluarga,” ujar Encik Hafiz. Bantuan itu adalah sebahagian hasil sumbangan Dana Kindness Inspires Dreams (Kids) Suncare SG, yang bakal menyokong keluarga menerusi penambahbaikan rumah, bantuan pemakanan, serta sokongan pendidikan dan pekerjaan. Dana itu menerima sumbangan sebanyak $1 juta daripada pengendali grid,SP Group,pada 4 Oktober di The Lighthouse, sebuah ruang belia di Punggol kendalian Suncare SG, semasa satu acara meraikan Hari Kanak- Kanak. Acara itu dirasmikan dua Anggota Parlimen GRC Punggol, iaitu Timbalan Perdana Menteri merangkap Menteri Perdagangan dan Perusahaan, Encik Gan Kim Yong; serta Menteri Negara Kanan (Pembangunan Negara merangkap Pengangkutan), Cik Sun Xueling. Sumbangan SP Group akan disalurkan selama tiga tahun dan bakal membantu kira-kira 200 keluarga di bawah Dana Kids, termasuk Encik Hafiz sekeluarga. Selain katil dua tingkat, pasangan itu bakal menerima sokongan lain daripada Dana Kids pada minggu depan, seperti susu tepung dan lampin bayi, barang keperluan sekolah, kipas dan penyaman udara untuk membantu meredakan ekzema anak bongsu mereka. Antara sokongan bermanfaat yang diraih daripada pelbagai program bantuan Suncare SG ini, jelas Encik Hafiz, ialah perubahan pada anak sulungnya, Muhammad Adam Qayyum, yang kini lebih yakin dan berupaya bertutur dengan lancar. Sebahagian besar kemajuan itu ialah hasil bimbingan program You Shine dan You Power anjuran Suncare SG, yang disertai Adam sejak berusia empat tahun. “Sejak kecil lagi,Adam tidak boleh menyusun ayat dengan tepat. Saya dan isteri sukar memahami percakapannya. Tetapi dia kini lebih yakin dan mampu bercakap dengan fasih. Sekarang dia boleh ceritakan apa berlaku di sekolah. Dia lebih berani,” tambah Encik Hafiz. Program You Shine, yang dijalankan selepas waktu sekolah, menggalakkan pembelajaran secara sendiri serta kerjasama bersama rakan sebaya menerusi permainan, seni, sukan dan program celik bahasa di samping Sains, Teknologi, Kejuruteraan dan Matematik (Stem). Sementara itu, Program You Power menghubungkan kanak-kanak dengan mentor terlatih untuk pembangunan akademik dan peribadi. Anggota Lembaga Suncare SG,Encik David Ong, berkata: “Kebanyakan peserta program daripada keluarga muda dan rentan yang tinggal di flat sewa. The Lighthouse memberi mereka ruang selamat dan program Suncare SG membantu mereka dari segi emosi dan keyakinan.” Ketua Pegawai Eksekutif Kumpulan SP Group, Encik Stanley Huang, berkata: “Daripada memenuhi keperluan harian, mewujudkan kediaman sihat,hinggalahpendidikandanpekerjaan, sokongan menyeluruh penting demi membina masa depan lebih baik.”

Search Overseas Thailandhttps://www.spgroup.com.sg/about-us/international/thailand OverviewChinaVietnamThailandAustralia Thailand Thailand’s sustainability journey is ramping up, with more policies and initiatives aimed at reducing carbon emissions slated to roll out in the coming years. These provide opportunities for SP Group to launch sustainability projects that drive Searchhttps://www.spgroup.com.sg/search?tag=thailand Search Overseas Thailandhttps://www.spgroup.com.sg/about-us/international/thailand OverviewChinaVietnamThailandAustralia Thailand Thailand’s sustainability journey is ramping up, with more policies and initiatives aimed at reducing carbon emissions slated to roll out in the coming years Searchhttps://www.spgroup.com.sg/search?tag=thailand Search Overseas Thailandhttps://www.spgroup.com.sg/about-us/international/thailand OverviewChinaVietnamThailandAustralia Thailand Thailand’s sustainability journey is ramping up, with more policies and initiatives aimed at reducing carbon emissions slated to roll out in the coming years SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deploymenthttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Accelerates-Betagro-s-Clean-Energy-Transition--with-Large-Scale-Rooftop-Solar-Deployment- Media Release SP Group Accelerates Betagro's Clean Energy Transition with Large-Scale Rooftop Solar Deployment Bangkok and Singapore, 25 July 2024 – SP Group is shoring up Asia’s clean energy transition with its latest large-scale solar photovoltaic (PV) project in Thailand. 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SP and Banpu Next recently signed an MOU to develop Category: Sustainability SP Group expands renewable energy portfolio in Thailand with its first M&A dealshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-expands-renewable-energy-portfolio-in-Thailand-with-its-first-M-A-deals Media Release SP Group expands renewable energy portfolio in Thailand with its first M&A deals SP Group acquires 13 MWp of solar capacity, including 9 MWp of ground-mounted utility-scale solar farms and 4 MWp of rooftop solar projects •The new solar assets can generate approximately 17,600 MWh SP Group’s Integrated Energy Solutions to Power Rangsit University’s Green Energy Transformationhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-s-Integrated-Energy-Solutions-to-Power-Rangsit-University-s-Green-Energy-Transformation -climate building intelligence system, after the successful pilot at one building at the university campus achieved 40 per cent energy savings while improving occupant comfort by 14 per cent Singapore and Thailand, 15 November 2023 — Rangsit University (RSU) is set for green transformation at its 1.-Business-Times-Online---SP-Group-wins-tender-for-first-district-cooling-project-in-Thailand.pdfhttps://www.spgroup.com.sg/dam/spgroup/pdf/media-coverage/2023/1.-Business-Times-Online---SP-Group-wins-tender-for-first-district-cooling-project-in-Thailand.pdf Banking & Finance Reits & Property Energy & Commoditi SP Group wins tender for rst district cooling project in Thailand Navene Elangovan Published Mon, Sep 25, 2023 · 12:14 pm SP Group and Banpu Next say that the project will allow the complex centre to save about S$1.6 million in electricity costs BusinessTimes#BT#26-09-2023#Default#1#BTS-002#3#ccihttps://www.spgroup.com.sg/dam/jcr:4213bd9b-4418-4e31-ad5d-0da6db1c8038 2 | The T OP STORIES Business Times | Tuesday, September 26, 2023 SP Group wins tender for first district cooling project in Thailand By Navene Elangovan navene@sph.com.sg SP GROUP’S joint venture (JV) with Thai smart energy solutions provider Banpu Next has won a tender to design, build, own jcr:03531b0d-1578-4889-8352-fd9bae5c35achttps://www.spgroup.com.sg/dam/jcr:03531b0d-1578-4889-8352-fd9bae5c35ac Banking & Finance Reits & Property Energy & Commoditi SP Group wins tender for rst district cooling project in Thailand Navene Elangovan Published Mon, Sep 25, 2023 · 12:14 pm SP Group and Banpu Next say that the project will allow the complex centre to save about S$1.6 million in electricity costs Media Coveragehttps://www.spgroup.com.sg/about-us/media-resources/media-coverage?page=12 Media Coverage Catch the latest news on SP All Years 25 Sep 2023 Berita Harian Online - SP Group wins tender for first district cooling project in Thailand Source: Berita Harian Online © Singapore Press Holdings Limited. Permission required for reproduction. 25 Sep 2023 The Business Times - SP 4.-Berita-Harian-Online---SP-Group-wins-tender-for-first-district-cooling-project-in-Thailand.pdfhttps://www.spgroup.com.sg/dam/spgroup/pdf/media-coverage/2023/4.-Berita-Harian-Online---SP-Group-wins-tender-for-first-district-cooling-project-in-Thailand.pdf Ekonomi & Kerja Akses Percuma SP Group menang tender pertama projek pendinginan daerah di Thailand � � SP Group Electric Car Sep 26, 2023 | 04:05 PM Dapatkan artikel ini untuk diterbitkan semula TENAGA BIJAK: SP Group dan Banpu Next berkata projek itu akan membantu pusat kompleks pemerintah di 1 2 3 4 5 ..... 11

Search Singapore Polytechnic And SP Group Launch Next-Generation Solar Car For World Solar Challenge 2017https://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Singapore-Polytechnic-And-SP-Group-Launch-Next-Generation-Solar-Car-For-World-Solar-Challenge-2017 Media Release Singapore Polytechnic And SP Group Launch Next-Generation Solar Car For World Solar Challenge 2017 SP Group adds $2 million sponsorship to groom engineering talent Singapore, 21 July 2017 – Singapore Polytechnic and SP Group today unveiled their most advanced solar car, SunSPEC 5 [20170721] Media Release - Singapore Polytechnic And SP Group Launch Next-Generation Solar Car For World Solar Challengehttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8769a10c-aa3a-44b3-b14b-8a58b69185d5/%5B20170721%5D+Media+Release+-+Singapore+Polytechnic+And+SP+Group+Launch+Next-Generation+Solar+Car+For+World+Solar+Challenge.pdf?MOD=AJPERES&CVID= MEDIA RELEASE Singapore Polytechnic and SP Group launch next-generation solar car for World Solar Challenge 2017 SP Group adds $2 million sponsorship to groom engineering talent Singapore, 21 July 2017 – Singapore Polytechnic and SP Group today unveiled their most advanced solar car, SunSPEC 5 Searchhttps://www.spgroup.com.sg/search?tag=solar Search Singapore Polytechnic And SP Group Launch Next-Generation Solar Car For World Solar Challenge 2017https://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Singapore-Polytechnic-And-SP-Group-Launch-Next-Generation-Solar-Car-For-World-Solar-Challenge-2017 Media Release Searchhttps://www.spgroup.com.sg/search?tag=solar Search Singapore Polytechnic And SP Group Launch Next-Generation Solar Car For World Solar Challenge 2017https://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Singapore-Polytechnic-And-SP-Group-Launch-Next-Generation-Solar-Car-For-World-Solar-Challenge-2017 Media Release Searchhttps://www.spgroup.com.sg/search?tag=chairmains-message-2017 Search Searchhttps://www.spgroup.com.sg/search?tag=chairmains-message-2017 Search Searchhttps://www.spgroup.com.sg/search?tag=chairmains-message-2017 Search Searchhttps://www.spgroup.com.sg/search?tag=chairmains-message-2017 Search Searchhttps://www.spgroup.com.sg/search?tag=solar Search Singapore Searchhttps://www.spgroup.com.sg/search?tag=sunspec Search Singapore Polytechnic And SP Group Launch Next-Generation Solar Car For World Solar Challenge 2017https://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Singapore-Polytechnic-And-SP-Group-Launch-Next-Generation-Solar-Car-For-World-Solar-Challenge-2017 Media Release [Info] Solar Power - Non-Residential Consumers (Master-Sub Write Up)https://www.spgroup.com.sg/dam/jcr:87dc48a7-69d6-4909-9f4e-d6a01a14492d/%20Solar%20Power%20%E2%80%93%20Non-Residential%20Consumers%20(Master-Sub%20Write%20Up).pdf Solar Power – Non-Residential Consumers (Master-Sub Write Up) Background 1 Master-sub scheme is a metering arrangement whereby the common services consumption is a derived figure: • Master-meter measures overall electricity consumed by the building (i.e. both the individual units and the common [Guide] Solar Power Generators.pdfhttps://www.spgroup.com.sg/dam/jcr:bbfb030c-0d8e-422c-8eab-8cd4a3d5ee9e/%5BGuide%5D%20Solar%20Power%20Generators.pdf Solar PV – User Guide for Generators Table of Contents 1. Introduction ................................................................................................................................... 2 2. Electricity Generation Licence Solar Power – Generators.pdfhttps://www.spgroup.com.sg/dam/jcr:bbfb030c-0d8e-422c-8eab-8cd4a3d5ee9e/Solar%20Power%20%E2%80%93%20Generators.pdf Solar PV – User Guide for Generators Table of Contents 1. Introduction ................................................................................................................................... 2 2. Electricity Generation Licence Solar Power – Non-Residential Consumers.pdfhttps://www.spgroup.com.sg/dam/jcr:b1e9028b-349f-4e42-ab04-f83f618477f9/Solar%20Power%20%E2%80%93%20Non-Residential%20Consumers.pdf Solar PV – User Guide for Non-Residential Consumers Table of Contents 1. Introduction ................................................................................................................................... 2 2. Electricity Generation Licence [Guide] Solar Power Non-Residential Consumers.pdfhttps://www.spgroup.com.sg/dam/jcr:b1e9028b-349f-4e42-ab04-f83f618477f9/%5BGuide%5D%20Solar%20Power%20Non-Residential%20Consumers.pdf Solar PV – User Guide for Non-Residential Consumers Table of Contents 1. Introduction ................................................................................................................................... 2 2. Electricity Generation Licence [Guide] Solar Power Residential Consumers.pdfhttps://www.spgroup.com.sg/dam/jcr:f9c85889-9b43-4312-a3fc-5a5bcc55aaa6/%5BGuide%5D%20Solar%20Power%20Residential%20Consumers.pdf Solar PV – User Guide for Residential Consumers Table of Contents 1. Introduction ................................................................................................................................... 2 2. Electricity Generation Licence 1 2 3 4 5 ..... 32

Consumption_Elect Average consumption of Electricity (kWh) Premises Types Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 HDB 1-Room 151 148 139 142 128 127 121 119 128 136 150 143 150 136 136 144 127 124 119 118 135 139 144 139 HDB 2-Room 198 192 183 186 166 168 161 156 169 181 195 190 195 177 177 188 164 165 158 158 181 185 192 186 HDB 3-Room 283 277 266 266 243 238 231 231 250 265 284 273 280 257 259 271 242 239 231 234 264 267 281 268 HDB 4-Room 385 381 363 365 338 327 320 309 341 363 390 381 388 358 355 377 334 330 322 325 365 369 388 369 HDB 5-Room 447 446 427 429 397 379 374 359 399 425 457 450 459 423 417 444 392 386 378 383 430 435 459 434 HDB Executive 546 548 520 523 481 462 458 445 495 522 562 554 562 520 513 546 478 472 462 474 525 528 557 528 Apartment 513 539 523 519 486 446 419 417 476 516 548 536 541 513 501 538 500 451 429 450 509 544 559 521 Terrace 847 885 851 851 785 747 744 714 775 823 881 848 866 817 818 836 785 734 735 722 788 830 870 827 Semi-Detached 1,126 1,168 1,137 1,141 1,056 1,000 974 960 1,031 1,080 1,173 1,123 1,121 1,072 1,056 1,107 1,016 951 940 939 1,007 1,073 1,132 1,078 Bungalow 2,121 2,347 2,192 2,190 2,012 2,004 1,872 1,904 2,016 2,154 2,244 2,175 2,168 2,190 2,074 2,202 2,040 1,950 1,863 1,918 2,054 2,212 2,279 2,164 Note: The figures exclude electricity consumption for PAYU customers and customers who are not purchasing electricity at the regulated tariff.

MEDIA RELEASE ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 JANUARY TO 31 MARCH 2022 Singapore, 30 December 2021 – For the period from 1 January to 31 March 2022, electricity tariff (before 7% GST) will increase by an average of 5.6% or 1.33 cents per kWh compared with the previous quarter. The increase this quarter is due to higher fuel costs. Around 95% of Singapore’s electricity is generated using imported natural gas at prices indexed to oil prices. Over the past few months, a confluence of recovering economic activity, severe weather events, and a series of gas production outages have sent global energy market prices significantly higher. These factors have raised electricity prices in many markets. For details on the components of the electricity tariff, please refer to Appendix 1: Breakdown of Electricity Tariff. For households, the electricity tariff (before 7% GST) will increase from 24.11 to 25.44 cents per kWh for 1 January to 31 March 2022. The average monthly electricity bill for families living in HDB fourroom flats will increase by $4.70 (before 7% GST) (Appendix 3: Average monthly electricity bills of domestic consumers). *before 7% GST SP Group reviews the electricity tariffs every quarter based on guidelines set by the electricity industry regulator, Energy Market Authority (EMA). The tariffs shown in Appendix 2 have been approved by EMA. Issued by: SP Group 2 Kallang Sector Singapore 349277 www.spgroup.com.sg Appendix 1 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 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. b) Network costs (paid to SP Group): This is to recover the cost of transporting electricity through the power grid. c) Market Support Services Fee (paid to SP Group): This is to recover the costs of billing and meter reading, data management, retail market systems as well as market development initiatives. 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. Q1 2022 TARIFF (before 7% GST) Market Admin & PSO Fee (No Change) 0.06¢/kWh (<1%) MSS Fee (No Change) 0.40¢/kWh (1.6%) Network Costs (No Change) 5.77¢/kWh (22.7%) Energy Costs (Increase by 1.33¢/kWh) 19.21¢/kWh (75.5%) ELECTRICITY TARIFFS FROM 1 JANUARY 2022 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 Existing Tariff (without GST) New Tariff (without GST) Appendix 2 New Tariff (with 7% GST) 24.11 25.44 27.22 24.11 25.44 27.22 10.90 10.90 11.66 Uncontracted Capacity Charge $/chargeable kW/month kWh charge, ¢/kWh Peak period (7.00am to 11.00pm) Off-peak period (11.00pm to 7.00am) Reactive power Charge ¢/chargeable kVARh HIGH TENSION LARGE (HTL) SUPPLIES Contracted Capacity Charge $/kW/month Uncontracted Capacity Charge $/chargeable kW/month kWh charge, ¢/kWh Peak period (7.00am to 11.00pm) Off-peak period (11.00pm to 7.00am) Reactive power Charge ¢/chargeable kVARh EXTRA HIGH TENSION (EHT) SUPPLIES Contracted Capacity Charge $/kW/month Uncontracted Capacity Charge $/chargeable kW/month kWh charge, ¢/kWh Peak period (7.00am to 11.00pm) Off-peak period (11.00pm to 7.00am) Reactive power Charge ¢/chargeable kVARh 16.35 16.35 17.49 21.24 22.77 24.36 13.01 13.77 14.73 0.59 0.59 0.63 10.90 10.90 11.66 16.35 16.35 17.49 21.02 22.55 24.13 13.00 13.76 14.72 0.59 0.59 0.63 9.33 9.33 9.98 14.00 14.00 14.98 20.11 21.61 23.12 12.90 13.65 14.61 0.48 0.48 0.51 AVERAGE MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS TARIFF WEF 1 JANUARY 2022 (before 7% GST) Appendix 3 Type 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 144.01 34.72 36.64 1.92 5.5 HDB 2 Room 190.44 45.92 48.45 2.53 5.5 HDB 3 Room 261.06 62.94 66.41 3.47 5.5 HDB 4 Room 353.54 85.24 89.94 4.70 5.5 HDB 5 Room 409.76 98.79 104.24 5.45 5.5 HDB Executive 496.01 119.59 126.18 6.59 5.5 Apartment 540.17 130.23 137.42 7.19 5.5 Terrace 768.17 185.21 195.42 10.21 5.5 Semi-Detached 1,048.90 252.89 266.84 13.95 5.5 Bungalow 2,185.87 527.01 556.09 29.08 5.5 Average 401.72 96.86 102.20 5.34 5.5

SP GROUP PARTNERS CJ OLIVENETWORKS VINA CO. TO EXPAND VIETNAM ROOFTOP SOLAR PORTFOLIO • The partnership targets to develop up to 50MWp of rooftop solar projects across Vietnam over the next two years • Partnership secures its first project to install and operate 2.5MWp of rooftop solar for CJ Vina Agri Singapore, Vietnam, March 28 th , 2022 — SP Group (SP) and CJ OliveNetworks Vina Co. (CJ ONS) today announced a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. SP, a leading utilities group and sustainable energy solutions provider in Singapore and the Asia Pacific, and CJ ONS, a subsidiary of South Korea's CJ OliveNetworks in Vietnam, signed a memorandum of understanding (MOU) to jointly invest, build, and develop up to 50 Megawatt-peak (MWp) of rooftop solar projects across Vietnam over the next two years. The partnership has secured its first project to install and operate 2.5MWp of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant by June 2022. The agreements were signed by Mr Phat Nguyen, Managing Director of Vietnam, SP Group, Mr Jang Myung Soo, Chief Executive Officer, CJ ONS, and Mr Nam Ki Don, General Director, CJ Vina Agri. Through this partnership, SP and CJ ONS will combine their expertise, experience and resources in sustainable energy solutions to explore solar projects for CJ ONS’ affiliates and other commercial and industrial customers in Vietnam. CJ ONS will take on the engineering, procurement, and construction (EPC) functions for all joint solar projects with SP. The partnership supports Vietnam’s green ambitions to achieve carbon emission neutrality by 2050, and target to double the country’s existing wind and solar power generation capacity by 2030. 1 CJ Vina Agri, a subsidiary of South Korea's CJ Group, specialises in the production of high-quality livestock, poultry, and aquaculture feed. The deployment of 2.5MWp of rooftop solar solutions for CJ Vina Agri’s manufacturing plant marks the company’s first large-scale injection of solar power into its energy mix. The rooftop solar solution is expected to be operational by June 2022 and can deliver up to 3,577 Megawatt-hour (MWh) of electricity annually. It will effectively provide 20 per cent of electricity consumed by the facility at peak load and will avoid carbon emissions of more than 3,500 tons annually, equivalent to taking approximately 1,100 cars off the road. Mr. Jang Myung Soo, CEO of CJ ONS, said, “We are honoured to partner with SP to support Vietnam’s roadmap towards a cleaner, greener energy mix. SP's sustainable energy solutions will be pivotal in enhancing energy-efficient plant operations for manufacturing facilities across all sectors and scales. We look forward to collaborating with SP to accelerate the renewable energy sector and meet growing demand in the industry by leveraging upon our combined strengths, network, expertise, and experience.” 1 Source: Vietnam targeting carbon emission neutrality by 2050, minister says | Reuters Mr. Brandon Chia, Managing Director, Southeast Asia & Australia, SP Group, said, “This partnership with CJ ONS is a significant milestone that will enhance market access to our range of renewable energy solutions and accelerate the decarbonisation of the industrial and manufacturing sector in Vietnam. Our goal is to enable the sustainable transformation of our local customers by increasing the share of renewables in both energy production and consumption for their facilities. Together with our digital and sustainable energy solutions expertise, we aim to continue growing our sustainability footprint in Vietnam and to empower the country’s green energy transition for a carbon-neutral future.” This partnership is aligned with SP’s ambitions to leverage its capabilities in sustainable energy and digital solutions to create value-added solutions for its customers in Vietnam and establish SP’s position as a leading sustainable energy solutions player in the Asia Pacific. ### About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with lowcarbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, as well as sustainable energy solutions in Singapore, China and Vietnam. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective worldwide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast-charging stations and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About CJ Olivenetworks Vina Co. Since its foundation in 1995, CJ OliveNetworks has achieved utmost customer satisfaction and value via the successful offering of lifestyle-based IT services such as manufacturing, distribution, logistics and media, leveraging steady growth of the company with customer trust and support. Based on numerous experiences and capabilities accumulated from building and providing IT systems and services, CJ OliveNetworks answers to needs of the market by leading the development of new technologies which corresponds to the latest IT trends including open source, big data, Internet of things(IoT), cloud computing, security, and many others. CJ OliveNetworks promises to grow into a global ICT company through consistent challenges and innovations. We also provide an end-to-end energy solution to our clients, delivering clean energy for the long term with zero effort from customers while ensuring significant savings. Our in-house design and engineering team ensures a best-in-a-class solar solution tailored to client needs and local Vietnam requirements.