Consumption_Water Average consumption of Water (CuM) Premises Types Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 HDB 1-Room 7.8 7.8 7.8 7.2 7.8 7.8 8.1 7.8 8.1 8.0 7.8 7.9 HDB 2-Room 9.0 9.0 9.1 8.4 9.0 9.0 9.1 9.0 9.3 9.2 8.8 9.1 HDB 3-Room 12.0 11.9 12.0 11.2 12.0 12.0 12.1 11.8 12.2 12.3 11.9 12.0 HDB 4-Room 15.1 14.9 15.2 14.3 15.3 15.1 15.4 14.9 15.4 15.6 15.1 15.3 HDB 5-Room 16.4 16.1 16.7 15.8 16.8 16.5 16.8 16.2 16.9 17.1 16.6 16.8 HDB Executive 18.1 17.9 18.7 17.8 18.8 18.4 18.7 18.2 18.8 19.2 18.4 18.8 Apartment 13.3 12.8 13.0 12.7 13.7 13.5 13.4 12.8 13.3 13.9 13.7 13.7 Terrace 25.6 24.7 25.7 24.7 25.7 25.1 25.6 25.1 26.1 26.5 26.0 26.0 Semi-Detached 30.9 30.4 30.6 29.8 31.0 30.4 30.9 30.5 32.0 32.5 31.1 31.6 Bungalow 50.2 49.8 49.4 48.6 51.5 48.4 49.7 49.3 50.9 53.6 49.6 52.7

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Enabling green mobility in Tengah SUSTAINABILITY SP Group (SP) is partnering Toyota’s authorised car distributor Borneo Motors Singapore (BMS) on EV sharing and leasing schemes for residents of Tengah. SP and BMS signed an MOU to explore other sustainable mobility solutions to support the adoption of EVs at Tengah. This includes the creation of an Innovation and Experience Centre within Tengah that will educate and build awareness on the future of mobility to encourage adoption of electrified vehicles. Both companies will also collaborate on electrification research on user behaviour to gain actionable insights to encourage energy-efficient and safer driving habits. Group CEO Stanley Huang said, “We are enabling a clean energy future for Tengah by integrating our comprehensive suite of smart and sustainable energy solutions across the township. Our partnership with Borneo Motors Singapore aims to accelerate the growth of green mobility for residents, offering them accessibility, convenience and reliability through our EV fast-charging network. The insights obtained through the initiatives will enhance our capability to better design and develop EV infrastructure and solutions to support Singapore’s electrification journey.” By 2030, SP plans to install EV charging points in up to 10 per cent of all parking lots in Tengah Park, Garden and Plantation districts, contributing towards the national goal of 60,000 EV charging points. Tengah residents will have even more reasons to consider adopting an electrified vehicle. More details in the media release here. Group CEO, Stanley Huang (second from right) and S Harsha, MD of Sustainable Energy Solutions (Singapore) (right), at the MoU signing ceremony with Borneo Motors Singapore representatives Ms Jasmmine Wong, CEO of Inchcape Singapore and Greater China (second from left) and Mr Samuel Yong, Director, Strategic Marketing and Business Strategy, Inchcape Singapore. TAGS TENGAHSUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP and UOB facilitate credit cardholders’ carbon offset SUSTAINABILITY SP has partnered UOB to enable UOB EVOL cardholders to offset 100 per cent or more of their household electricity carbon emissions for free when they charge their SP bill payments to their credit card via a new exclusive feature jointly launched by SP and UOB. UOB will fund and contribute 2 per cent of the billed amount to purchase My Green Credits on the SP app on behalf of the customer. My Green Credits are "green credits" in the form of Renewable Energy Certificates. As part of the UOB EVOL Card My Green Credits launch, SP is supporting NParks' One Million Trees movement to plant more trees across Singapore by 2030 through the Garden City Fund's Plant-A-Tree programme. UOB and SP will plant 50 trees in April 2023. This brings Singapore closer to becoming a City in Nature, a key pillar of the Singapore Green Plan 2030. More details in the media release here. TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment

News Release JTC AND SP GROUP TO DEVELOP AND OPERATE SINGAPORE’S FIRST SMART GRID FOR BUSINESS PARKS AT PUNGGOL DIGITAL DISTRICT Partnership will help the District optimise energy consumption, reduce carbon footprint and save cost for businesses and consumers Singapore, 31 October 2018 – A Smart Grid system that provides green energy and increases energy efficiency will serve businesses and consumers in the upcoming Punggol Digital District (PDD). JTC and SP Group signed a Memorandum of Understanding (MOU) to collaborate on the Smart Grid at the Asia Clean Energy Summit 2018 today, witnessed by Minister for the Environment and Water Resources, Mr Masagos Zulkifli. This partnership will drive the design of smart energy solutions comprising the areas of renewable energy and electric mobility, that will be integrated with the Open Digital Platform in the District, announced in July this year. 2. Under the MoU, JTC and SP Group will develop and implement a Smart Grid within PDD. Companies in PDD can look forward to adopting clean sources of energy, such as solar energy generated from building roofs, and take advantage of new technologies, such as electric vehicle charging and smart metering. Through the Smart Grid, about 1,700 tonnes of carbon emissions could be reduced per year, equivalent to taking 270 cars off the road. 3. The Smart Grid will be integrated with the Open Digital Platform, allowing communication and interaction with other building systems in the District, such as the District Cooling System (DCS) and the Building Management System (BMS). For instance, on a hot sunny day, the Smart Grid will register an increase in electricity consumption as the air conditioning systems consume more energy to maintain the temperature in the building. It automatically sends a signal to the Open Digital Platform, which detects the specific rooms where the temperature has increased. The Open Digital Platform then activates the Building Management System within the building to lower the blinds in those rooms, reducing heat gain and conserving energy. 1 4. JTC’s Assistant Chief Executive Officer, Mr. David Tan, said, “Beyond utilities and technologies, it is about giving the community the data and tools to make informed decisions about their energy consumption, be it adopting clean sources of energy or optimising usage to reduce costs. Aggregated data on energy consumption from the Smart Grid will be made available for academics, researchers, start-ups and enterprises to encourage innovation in the domains of clean energy and energy management.” 5. Mr Goh Chee Kiong, Head, Strategic Development of SP Group said, “SP Group is committed to design and implement smart energy solutions, driven by our deep energy integration and digital capabilities. We are pleased to work with JTC to help businesses in the Punggol Digital District save cost and go green through our innovative smart grid.” 6. At the forefront of Singapore’s Smart Nation push, PDD is envisioned to be a vibrant and inclusive district where cutting-edge technology and social innovation transform the way we work, live, learn and play in the future. PDD will house key growth sectors such as digital and cybersecurity, and will also be the first district in Singapore to be fully integrated with Internet of Things systems from the ground up. This infrastructure will create conducive testbed environments for businesses and entrepreneurs, allowing them to thrive in a digital economy, while the enhanced experience brought about by the digitalisation will provide a sustainable and connected environment for the community. The first buildings in District are expected to be completed by 2023. --------------------------------------------------------------------------------------------------------------------------- 2 About JTC Set up in 1968, JTC is the lead government agency responsible for the planning and development of industrial infrastructure to support and catalyse the growth of industries and enterprises in Singapore. Landmark projects by JTC include the Jurong Industrial Estate; the Jurong Island for energy and chemical industries; business and specialised parks such as the International and Changi Business Parks, Seletar Aerospace Park and Tuas Biomedical Park; a work-live-play-&-learn development called one-north; next generation districts including Jurong Innovation District and the Punggol Digital District, as well as the Jurong Rock Caverns, Southeast Asia’s first commercial underground storage facility for liquid hydrocarbons. JTC also develops innovative space such as the JTC Surface Engineering Hub, JTC MedTech Hub, JTC Food Hub @ Senoko, and TimMac @ Kranji which incorporate innovative features and shared infrastructure and services to enable industrialists to start their operations quickly and enhance productivity. For more information on JTC and its products and services, please visit www.jtc.gov.sg. About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG. 3

MEDIA RELEASE SP Group recognised with three Community Chest Awards SP scaled up giving, expanded programmes to benefit seniors, children and youth SP Group CEO Mr Stanley Huang received the Charity Platinum Award from President Halimah Yacob. Singapore, 1 November 2022 – At the Community Chest Awards 2022, SP Group (SP) was recognised with three awards for its sustained philanthropy, strong volunteerism culture and community engagement. Group Chief Executive Officer Stanley Huang received SP’s Charity Platinum Award, Enabler Award, and Volunteer Partner Award at the event presided by President Halimah Yacob on 1 November 2022 at the Istana. Working closely with Community Chest has enabled SP to effectively identify needs, collaborate with social service agencies and create sustained impact to help vulnerable groups. Mr Huang said, “SP is honoured to receive this recognition from Community Chest. Despite the challenges brought on by the pandemic, we scaled up our efforts to fulfil long-standing commitments and set up new programmes to benefit a wider range of social service users, from seniors, to children and youth.” Mr Huang paid tribute to SP’s staff, business associates and the public for enabling its programmes to grow from strength to strength over the years. Last year, SP’s contributions totalled S$4.5 million in donations, sponsorships and volunteer manpower. These include maintaining support for 21,000 seniors through the SP Heartware Fund, which has raised more than S$18 million since it was established in 2005. In addition, SP also committed S$1.1 million this year to see through a five-fold increase in its annual Power Packs initiative, enabling 10,000 lower-income families to receive daily essential items. In widening the scope of its programmes across the age spectrum, SP launched SP Kids at Heart, donating S$2.1 million over the past two years to support 5,000 children under KidSTART with learning tools, including digital devices for home-based learning and early literacy development. 1 SP also extended its reach to youth from vulnerable backgrounds by launching the inaugural SP Group Engineering Study Awards this year with a contribution of S$1.35 million to the Institute of Technical Education (ITE). This will benefit 450 ITE students from lower-income families over the next three years. Through this study award, SP aims to aid aspiring engineers in securing better academic and employment opportunities. In amplifying fundraising efforts for the SP Heartware Fund, SP enables its customers and business associates to donate to Community Chest through the SP app and donation appeals in its utilities bills. SP also matches dollar-for-dollar donations made by its staff to the Fund, and underwrites all fund-raising and operational costs of the Fund and its programmes, so that all donations will go fully to the social service organisations. Staff volunteers, known as SP Heart Workers, organise outreach activities for social service users throughout the year. These include befriending activities at Senior Activity Centres, helping seniors with their grocery runs, conducting digital clinics and more. At the height of the pandemic, SP Heart Workers also partnered FairPrice to bring a mobile supermarket to the doorstep of seniors. SP’s staff have also been part of national-level efforts to provide pandemic relief to the public, including the manning of hotlines for Temasek Foundation’s Stay Prepared programme and Ministry of Health’s home recovery scheme. Mr Huang explained, “Over the years, we have developed a strong culture of volunteerism amongst our team members. This shared purpose of pursuing a common good unifies our people, fosters team-building and cultivates the spirit of giving.” SP Group has received the Charity Platinum Award and Volunteer Partner awards in past editions of the Community Chest Awards, held annually to honour organisations and individuals in Singapore who have made outstanding contributions to the social service sector to care for the less fortunate in the community. - Ends - About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low-carbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore, China, Vietnam and Thailand. 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 green digital energy management tools for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, and LinkedIn at spgrp.sg/linkedin. 2 Editors’ Notes 1. Please use the following photo captions. 2. Photos are to be attributed to “SP Group”. SP Group sustained support for seniors through its flagship corporate philanthropy programme – SP Heartware Fund. This includes scaling up the Power Packs initiative to $1.1 million this year. SP Heart Workers packed and delivered Power Packs of essential items to 10,000 lower-income households this year – a fivefold increase through SP’s S$1.1 million commitment. SP staff volunteers, known as SP Heart Workers, organise outreach activities for social service users throughout the year, including outings with seniors. 3 During the pandemic, SP Heart Workers partnered FairPrice to bring grocery shopping to the doorstep of senior. SP Kids at Heart, launched in 2021, renewed its commitment to KidSTART Singapore with a S$1.1 million donation for 2022. In 2021, SP donated $1 million to KidSTART. (Photo Credit: KidSTART Singapore) The key initiatives supported by SP Kids at Heart in 2022 includes KidSTART Sea Adventures (top) and KidSTART Stories (bottom). (Photo Credit: KidSTART Singapore) 4 5 Expanding its scope to vulnerable youths, SP Group set up its inaugural study awards with a S$1.35 million contribution to benefit 450 ITE engineering school students over the next three years, helping to alleviate financial concerns brought on by the pandemic.

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新 能 源 收 购 重 庆 中 法 能 源 服 务 40% 股 权 新 加 坡 能 源 集 团 (SP Group) 与 法 国 能 源 集 团 ENGIE SA 已 达 成 了 协 议 , 收 购 ENGIE 在 中 国 重 庆 的 中 法 能 源 服 务 有 限 公 司 (Sino-French Energy Services Co. Ltd) 的 40% 股 权 。 新 能 源 宣 布 消 息 时 指 出 , 这 是 它 在 中 国 首 项 能 源 资 产 收 购 , 也 将 拓 展 它 为 中 国 提 供 可 持 续 能 源 方 案 的 业 务 。 中 法 能 源 服 务 公 司 是 ENGIE 与 重 庆 燃 气 集 团 股 份 有 限 公 司 在 2010 年 成 立 的 合 资 公 司 , 目 前 是 重 庆 冷 热 电 三 联 供 (Combined Cooling Heating and Power) 方 案 市 场 领 导 者 。 新 加 坡 能 源 集 团 总 裁 黄 天 源 说 :“ 收 购 ENGIE 在 中 国 重 庆 的 中 法 能 源 服 务 有 限 公 司 的 股 权 , 将 能 强 化 新 能 源 集 团 在 重 庆 区 域 供 冷 供 热 领 域 的 业 务 , 并 将 我 们 的 业 务 扩 展 到 为 医 院 提 供 冷 热 电 三 联 供 方 案 。 与 重 庆 燃 气 集 团 股 份 有 限 公 司 携 手 , 我 们 将 继 续 在 支 持 医 院 采 纳 更 节 能 的 冷 热 电 三 联 供 方 案 扮 演 关 键 角 色 , 并 扩 大 我 们 在 冷 热 电 三 联 供 市 场 的 份 额 。” 除 了 重 庆 , 新 能 源 也 在 上 海 和 广 州 建 立 了 新 的 伙 伴 关 系 和 合 作 计 划 。 在 2020 年 8 月 , 新 能 源 与 中 新 广 州 知 识 城 签 署 协 议 , 为 中 新 广 州 知 识 城 内 的 知 识 塔 , 开 发 区 域 供 冷 供 热 系 统 。 在 10 月 份 , 新 能 源 集 团 和 国 网 上 海 市 电 力 公 司 签 署 了 合 作 备 忘 录 , 研 究 联 合 开 发 和 投 资 综 合 能 源 项 目 的 可 行 性 , 为 上 海 的 客 户 提 供 可 持 续 能 源 方 案 。 新 能 源 目 前 在 中 国 有 三 个 办 事 处 , 分 布 于 上 海 、 广 州 和 重 庆 。 集 团 的 中 国 业 务 总 部 设 于 上 海 。

TUESDAY, OCTOBER 29, 2013 MONEY B11 One man demonstrated ‘outstanding leadership’ in searching for solutions to the energy sector’s manpower challenges, while an organisation made a sustained effort in promoting energy awareness among youth. Another organisation received special mention for rallying youth around energy causes. The Straits Times speaks to the inaugural winners of the Singapore Energy Award, which honours those who have made transformational changes in the energy sector, and finds out what fuels their passion. Energy Matters A series brought to you by the Energy Market Authority Powered by pure passion SINGAPORE Power’s (SP) senior adviser Quek Poh Huat lays the ground rules at the start of the interview. “This isn’t about me, okay? The Singapore Energy Award belongs to the company. I was just fortunate to be here to oversee all this,” says the 67-year-old, ironically also the inaugural winner of the Individual category of this year’s awards. Mr Quek was appointed a director of SP Ltd in 2001 and became the group chief executive of SP from May 2004. He stepped down in January last year but is still on the frontline of addressing the sector’s manpower crisis. He recently chaired the Power Sector Manpower Taskforce (PSMT) to develop recommendations for building manpower capabilities for Singapore’s power sector. The challenges it highlighted included the ageing technical workforce and the difficulty of attracting and retaining younger Singaporeans (see previous story). “At Singapore Power (SP), the average age of our workers is 43. And as the workforce ages, we need them to be replaced. We also want to ensure know-how is transferred,” he said. “Working in the power sector is not seen as easy. People think that they will have to deal with harsh working conditions – having to be in substations and being on the ground. “But these conditions aren’t always harsh. We also need to make people understand the opportunities.” Mr Quek is no stranger to challenging situations. When SP introduced integrated billing for power, water and waste removal over 2000 and 2001, a computer glitch meant some households did not receive a bill for a year, then got them all at once. “It took 12 months to correct the faults,” he recalls. “We had to work out instalment schemes. I even went to Parliament to explain to the MPs how to trickle down the information to their concerned constituents.” Mr Quek was also under heat when, in 2004, the country experienced two outages. The first, in April, lasted 59 minutes and knocked out electricity supply to about 80,000 homes. The second, in June, left 30 per cent of the island in the dark for close to two hours. “Since then, most of the outages have been minor. Touch wood!” he says. Despite being in the sector just nine years, Mr Quek’s list of contributions to it is long. Under his watch, SP has become one of the largest energy utility companies in the Asia Pacific with revenues of $8.97 billion in financial year 2012/2013. He has also been developing capabilities within the industry and addressing the sector’s talent crunch through a variety of measures, including cultivating a close relationship with the unions. His efforts earned him the NTUC May Day Award – Medal of Commendation (Gold) in May last year. Mr RKS Nachiappan, general-secretary of the Union of Power & Gas Employees, says Mr Quek put in place more frequent meetings – both formal and casual – to understand the challenges and issues. “He has a real soft spot for the low-income group, and knows training is the best way to help make their lives better,” Mr Nachiappan adds. In 2010, Mr Quek was heavily involved in implementing an industry-wide Work Skills Qualification (WSQ) System and even before re-employment of older workers was legislated, SP put such a scheme in place. Mr Quek also lent his support to bond-free scholarships for power workers and mooted the idea of the Singapore Power Heartware Fund to help the needy elderly in our community. “The three most important ENERGY WARRIORS Singapore Power’s senior adviser Quek Poh Huat with a mural of the Singapore night skyline behind him at the SP offices. The 67-year-old is the inaugural winner of the Individual category of the Singapore Energy Award. PHOTO: EDWARD TEO FOR THE STRAITS TIMES things in my life are family, friends and faith. I follow that when dealing with the union, staff, new recruits and retirees. We are a family, Singapore Power,” Mr Quek says. Now retired, Mr Quek’s focus will be on the Singapore Power Training Institute (SPTI). It currently conducts about 200 training sessions under 70 programmes annually covering areas such as electricity and gas network operations, business continuity management, and safety and power quality. His plan is to retain the expertise present in the industry by inviting retired power workers back to teach. He also sees room for Singapore to share what it knows with the region. “Singapore has invested so much and learnt hard lessons developing its know-how. This can A LOVE for Lego was what drew 22-year-old Rochelle Hung to the National University of Singapore’s student organisation Energy Carta. Earlier this year, Energy Carta organised an event called Changing the Game, which visualised energy usage through the use of Lego bricks. Ms Hung, a major in Project and Facility Management at NUS’ School of Design and Environment (SDE), heard about it through a department e-mail blast. A long-time lover of Lego, she signed up. “I was determined to understand more about the energy field, especially sustainability, and be able to plan the future that I want to be in, that is, one with smart and sustainable buildings,” she recalls. Ms Hung eventually became one of the student leaders of Energy Carta, which has earned a Special Mention Award in the Organisation category of the inaugural Singapore Energy Award. Energy Carta, which draws part of its name from the ancient historical document Magna Carta, or Latin for “great charter”, was founded by 30-year-old NUS alumnus Yujun Chean in 2008. The then final-year engineering student had been working with a Silicon Valley start-up and attending classes at Stanford University under a year-long NUS student programme, when he saw former US vice-president Al Gore deliver a landmark speech ahead of the screening of his documentary An Inconvenient Truth. Separately, he also attended a conference by a now-defunct Stanford organisation that convinced him students could make a difference. Back at NUS, it dawned on him that he could do something similar. “I penned down names of prominent individuals within the be packaged and exported,” he says. Also a priority is to ensure that Singapore continues “keeping the lights on”. Singaporeans experience an average of just 25 seconds of outage a year. “And there is just a 0.01 per cent chance of a blackout. That’s the best in the world,” he says, beaming. It is a long way to have come for a man who remembers running through back lanes barefoot, electric trams in Orchard Road and calling it a night when daylight ended. “The next 20 years will also be dramatically different from how it is now,” he said, adding that the priority is finding the people who can keep things humming while also handling areas like electric cars and smart grids. “We cannot afford to fail.” Senoko is on the cutting edge of various energy innovations, including adopting and testing electric vehicles. PHOTO: ELECTRIC VEHICLE TASKFORCE Undergrads’ ‘great charter’ for environment Youth organisation Energy Carta, founded by NUS alumnus Yujun Chean (front row, left) in 2008, is one of the three inaugural winners of the Singapore Energy Award. Energy Carta has raised more than $170,000 in sponsorships from corporations such as PowerSeraya, Chevron, Sembcorp, Singapore Airlines and UOL. PHOTO: YUJUN CHEAN, ENERGY CARTA clean-tech world,” he recalls. “I also tried to get my friends excited about creating a student-run conference as a final year project.” In the end, an event he thought would simply allow him to “leave school with a bang” ended up having a much greater impact. First, Professor Chou Siaw Kiang, executive director of the NUS Energy Studies Institute, encouraged him not to set up the organisation as a Stanford offshoot but as an independent Singapore-rooted organisation. Then, the Economic Development Board (EDB) threw in its support and the Energy Market Authority (EMA) agreed to make Energy Carta its youth partner at the inaugural Singapore International Energy Week in 2008. “This gave us a lot of credibility when we were pitching for support, speakers and funding, and accelerated our growth curve,” says Mr Chean. What resulted was the Asian Youth Energy Summit in 2008, which became the largest student-led energy conference in Singapore, attracting over 500 participants and featuring 30 industry speakers. The following year, Energy Carta added the Chevron Case Challenge, where 97 teams vied to develop the best 20-year energy plan for a fictional city. A year later, the winner of the Singapore round of the Cleantech Open Global Ideas Competition was flown to the United States for the global leg of the competition. Energy Carta has raised more than $170,000 in sponsorships from corporations such as PowerSeraya, Chevron, Sembcorp, Singapore Airlines and UOL. “These funds have enabled us to organise large-scale events, reaching well over a thousand participants,” says Mr Chean. “The belief is that while most people may not be intrinsically keen to solve climate change, they may indirectly do so by building a career in the sector, and Energy Carta aims to get them started on that path,” he explains. Senoko’s activities to engage the young IT IS a Saturday but one of Senoko Energy’s vice-presidents is at Woodgrove Secondary School helping staff to develop an education module for next year and exploring how the school can become more energy-efficient. Woodgrove Secondary is one of 18 schools that has been adopted by Singapore’s largest power generation company as part of the NEA Corporate and School Partnership Programme (Casp). Senoko offers the schools training attachments, plant tours and project sponsorship among other things, and Mr Kwong Kok Chan has made it his personal mission to work with them. “When I first started in 2004, I saw it as just part of my job. Now I can’t differentiate between work and personal interest,” says the 60-year-old, an engineering graduate from the University of Malaya. “The students treat me like an uncle, and I’ve also learnt from the way they see things. One Admiralty student even challenged me, asking why Singapore didn’t harness electricity from lightning. I had no idea what to say!” It is people like Mr Kwong that Senoko Energy president and chief executive officer Brendan Wauters credit for the company’s win in the Organisation category of the inaugural Singapore Energy Awards. “The award reflects the continued and consistent efforts we have put in over the past decade,” he says. “A lot of people like Mr Kwong are instrumental to what we have done. Mr Kwong loves to interact with students and their teachers. His passion is infectious.” But Casp is only one of many community outreach activities undertaken by Senoko, the only power generation company located in the north of Singapore. “Being in the north, we are closer to residential areas, so it important that we have a relationship with our neighbouring communities,” explains Mr Wauters. Senoko has also partnered with the PUB to adopt Sungei Sembawang and help make young people aware of the need for water conservation. In 2012, the company launched the Senoko Sustainability Challenge, which challenged students from primary schools to junior colleges to come up with solutions to environmental problems. “It aims to create awareness of the importance of sustainability in general and climate change in particular among the younger generation, who are ultimately the ones who can impact future outcomes the most,” says Mr Wauters. A total of 120 teams from 52 schools participated this year. Senoko, which started in 1975, has, through the years, delivered several firsts. In 1991, it became the first power generation company to import natural gas into Singapore from Malaysia. It was a landmark moment, representing the nation’s first step away from liquid fuel. Senoko was also the first to use combined cycle gas turbine (CCGT) technology in 1995. Being able to fire with either natural gas or fuel oil or a mix of both translated into about 10 per cent in energy efficiency gains and cleaner emissions. Senoko was also the first company to take the 3R principles of reduce, reuse and recycle to a new level: Its “repowering” approach so far has resulted in a more than 40 per cent drop in carbon intensity over 1990 levels. Senoko is still on the cutting edge of other innovations, including adopting and testing electric vehicles. “Power companies are often seen as part of the problem in terms of the environment, but in Singapore, we can say we have become part of the solution,” says Mr Wauters.

4 | The C OMPANIES & MARKETS SP Group secures first utility-scale solar assets in Vietnam By Wong Pei Ting wongpeiting@sph.com.sg ENERGY utilities group SP Group has bought its first solar farm assets in Vietnam, as part of its plan to develop 1.5 gigawatts of utilityscale and rooftop solar projects in the country by 2025. The two assets, with a combined peak capacity of 100 megawattspeak, generate 130 gigawatt-hours of clean energy a year, amounting to an avoidance of 105,000 tonnes in carbon emissions annually. They are the Europlast Phu Yen Solar Power Plant and the Thanh Long Phu Yen Solar Power Plant, located in Phu Yen, a province in the south-central coast of the country. Europlast has been in operation since June 2019, while the Thanh Long plant was established in December 2020. Announcing the acquisition on Monday (Mar 6), SP Group said the assets will equip the company with capabilities to help commercial and industrial customers achieve “100 per cent clean energy consumption” once Vietnam’s direct power purchase framework is established. This framework, which is still being developed by the country’s Ministry of Industry and Trade, promises to let renewable energy generators sell clean electricity to private offtakers for the first time. Currently, SP Group bases its Vietnamese business on designing, deploying and operating rooftop solar solutions across the country. These can only green part of customers’ energy mix, however. Brandon Chia, SP Group’s managing director of sustainable energy solutions (South-east Asia and Australia), thus describes the acquisition as a “key milestone” of the group’s long-term ambitions in the country. “Through our solar power offerings in both rooftop and utilityscale solutions, SP Group will be a one-stop provider to help our Vietnam customers meet their decarbonisation goals,” he said. SP Group has been developing rooftop solar projects in Vietnam through partnerships and joint ventures since 2021. These cover more than 115 megawatts of rooftop solar assets to date. Business Times | Tuesday, March 7, 2023 Thanh Long Phu Yen Solar Power Plant in Phu Yen, a province in the south-central coast of Vietnam. PHOTO: SP GROUP

News Release SP GROUP EXPANDS MARINA BAY DISTRICT COOLING NETWORK WITH NEW PARTNERSHIPS • 8 Shenton Way, IOI Central Boulevard Towers, 80 Anson Road, Marina Bay Sands Integrated Resort Expansion and NS Square, will be connected to the world’s largest underground district cooling network • Sustainable cooling solution helps Marina Bay avoid almost 20,000 tonnes of carbon emissions annually Singapore, 20 April 2022 – SP Group (SP) announced that it will be providing its energy efficient district cooling services to five upcoming new and retrofit developments – 8 Shenton Way (formerly AXA Tower), the commercial component of 80 Anson Road (formerly Fuji Xerox Towers), IOI Central Boulevard Towers, Marina Bay Sands Integrated Resort Expansion and NS Square – through its Marina Bay District Cooling Network. Marina Bay is planned as a sustainable live-work-play district, and all developments are served by a comprehensive underground network of common services tunnels that houses the district cooling system. 1 The addition of the five developments will further expand the world’s largest underground district cooling network, bringing the total number of buildings served by SP’s Marina Bay operations to 28. SP’s sustainable cooling solution will help the Marina Bay district reduce its carbon emissions by 19,439 tonnes annually while providing the same cool comfort. This is equivalent to removing 17,672 cars off our roads. At an appreciation event held earlier today which marked the expansion of the Marina Bay District Cooling network, Mr Desmond Lee, Minister for National Development and Minister-in-charge of Social Services Integration, presented certificates of appreciation to 1 District cooling in Marina Bay provides centralised cooling to developments in the area. There are two district cooling plants in Marina Bay, both situated underground and seamlessly integrated with the surrounding developments, providing greater reliability of services and allows more efficient use of energy across the district. SP Group operates the district cooling network in Marina Bay. 1 the building owners of the five buildings – City Developments Limited (CDL), IOI Properties, Marina Bay Sands Singapore, NS Square, and Perennial Holdings – affirming their commitment to the sustainable development of our city centre. Through subscribing to district cooling, the new developments will enjoy reliable cooling comfort with the network achieving zero supply interruptions since the Marina Bay District Cooling operations started in 2006. Without the need to invest in their own chillers, the new developments will enjoy a lower initial investment cost compared to a conventional air-conditioning system. The savings on equipment, operating and maintenance costs will also reduce the total cost of ownership by up to 15 per cent. Having centralised chiller plants also frees up prime space for other commercial or lifestyle purposes, potentially increasing asset yield for building owners. SP’s Group Chief Executive Officer, Mr Stanley Huang, said, “SP Group is the largest district cooling solutions provider in Singapore. With the expanded infrastructure in place, we are pleased to extend the same reliable and sustainable solution to other buildings in Singapore’s core financial district and look forward to welcoming more partners to this network. Together, we can accelerate the development of greener buildings and cities to achieve Singapore’s ambitious sustainability targets.” In addition to the energy savings and the reduction in carbon emissions, developments will also benefit from the centralisation of ownership and maintenance of their cooling systems under a district cooling operator, ensuring optimal operations at all times. SP as the district cooling operator is responsible for meeting the industry sustainability standards. Under the latest BCA Green Mark 2021 (GM: 2021) green building certification scheme, buildings supplied by an external district cooling system (DCS) plant have a dedicated pathway to demonstrate their energy efficiency performance, allowing for a more seamless certification experience. With the inclusion of these new customers, SP will be increasing the capacity of its Marina Bay district cooling network to 70,000 refrigerant tons (RT). It will also add more than two 2 kilometres of underground insulated pipes to the network to cater to the additional demand and cooling capacity. To further enhance the reliability of the network, SP is exploring installing thermal storage tanks in the neighbouring Central Business District to increase the network’s energy storage capacity. These auxiliary chilled water tanks will enable the existing network to significantly reduce its peak load consumption and support future expansion of the cooling network beyond the Marina Bay vicinity. Additional energy storage capacity will also facilitate the incorporation of more renewable energy sources to the grid by mitigating the intermittency of renewables while maintaining grid stability and reliability. The deployment of energy storage systems, such as thermal storage tanks, is in line with government’s energy storage target and vision of a clean and efficient energy future. SP continues to actively engage with potential customers to further expand the Marina Bay district cooling network. It is currently studying the feasibility of M Hotel Singapore, a hotel under the CDL Group, being the first brownfield hotel development to incorporate district cooling in its operations. In addition to the Marina Bay district cooling network, SP is also collaborating with the Housing and Development Board (HDB) to deploy Singapore’s first residential centralised cooling system for up to 22,000 households at the upcoming Tengah housing estate by 2023. SP will also be developing Singapore’s first brownfield, sustainable cooling solution for a town centre at Tampines. When completed, SP will be operating a total 118,500 RTs of cooling capacity through its district cooling networks, extending its lead as the biggest provider of district cooling solutions in Singapore. - Ends - 3 Quotes from new partners Quote from City Developments Limited for 80 Anson Road (formerly Fuji Xerox Towers) “We are delighted for 80 Anson Road’s commercial space to be part of SP Group’s initiative to provide sustainable cooling solutions to the Marina Bay district. This partnership reaffirms our support of global climate action and commitment to achieve net zero operational carbon emissions by 2030 for all our wholly-owned assets and developments under direct operational and management control. Our 80 Anson Road redevelopment project is a prime example of how we create environmentally-friendly developments with health and wellness at the centre of building design and construction. Apart from being CDL’s first super low-energy integrated development, 80 Anson Road has also set a new benchmark as Singapore’s first Green Mark Platinum Super Low Energy integrated development, with certifications obtained for both its residential and commercial (comprising serviced apartments, office and retail) components. Together with our partners and stakeholders in the building value chain, we will continue to push the envelope in developing innovative solutions and technologies to tackle climate change and enable a greener and more resilient ecosystem for the communities we operate in.” Mr Chia Ngiang Hong, Group General Manager, City Developments Limited (CDL) Quote from IOI Properties for IOI Central Boulevard Towers “As the next office landmark in Singapore’s new downtown, IOI Central Boulevard Towers is proud to partner SP Group to bring the Marina Bay District Cooling Network into its next phase of expansion. The network’s propositions are well aligned to IOI Properties Group’s vision to develop IOI Central Boulevard Towers into a sustainable premium Grade A office icon that creates shared values and positive impacts for our stakeholders; and adopts innovation solutions to bring about a low-carbon, smart energy future for Singapore.” Ms Lee Yean Pin, Director of Wealthy Link Pte Ltd (a subsidiary of IOI Properties Group) Quote from NS Square “As part of NS Square’s sustainability strategy in support of the Singapore Green Plan, the development will be tapping on the SP Group’s Marina Bay District Cooling Network to 4 achieve higher energy savings and reduction in carbon emissions. Together with the use of renewable energy technologies and other innovative cooling solutions, NS Square will be a sustainable and vibrant space in Marina Bay.” Quote attributed to a spokesperson from The Ministry of National Development and The Ministry of Defence 5 About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low-carbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and 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 and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. 6

News Release Bringing Distributed District Cooling to Our Town Centres - A Cool Solution for a Greener SIngapore Feasibility study at Tampines Central demonstrates 17 percent savings in electricity consumption, 18 percent reduction in carbon emissions, and monetary benefits for existing buildings while providing cool comfort Letter of Intent signed with existing building owners – CapitaLand, Frasers Property, OCBC Bank, People’s Association and UOB, bringing Tampines one step closer to its Eco Town ambitions Singapore, 19 August 2021 – An interconnected, centralised cooling system across Tampines Central could achieve energy savings and reductions in carbon emissions to support Tampines’ green ambitions to transform into an Eco Town by 2025, according to a white paper study on the feasibility of brownfield distributed district cooling. The study, by Temasek and SP Group (SP), was supported by the Tampines Group Representation Constituency (GRC) and the Ministry of Sustainability and the Environment (MSE). Fourteen existing buildings within the Tampines Central Area were involved in the study, representing a range of various uses, including retail malls, commercial and public offices, data centres, and a community sports hub. According to findings outlined in the white paper, consolidating the cooling loads of the 14 buildings under a distributed district cooling (DDC) network would result in: 17% lower energy consumption – enough to power 1,665 three-room HDB households for a year; An 18% reduction in carbon emissions, from both energy savings and refrigerant reduction – equivalent to removing 2,250 cars from roads annually; and S$4.3 million annually from energy savings, reduction in equipment replacement and maintenance costs and potential earnings from freeing up chiller plant space, which can be converted into retail or office space. In a signing ceremony witnessed by Mr Masagos Zulkifli, Adviser to Tampines GROs, Minister for Social and Family Development, Second Minister for Health and Minister-in- charge of Muslim Affairs, at Our Tampines Hub earlier this afternoon, property owners CapitaLand, Frasers Property, OCBC Bank, People’s Association and UOB have each signed a Letter of Intent (LOI) with SP to affirm their interest in subscribing to this sustainable cooling solution. These building owners were part of the white paper study and are the existing owners of Tampines Mall, Telepark, Century Square, Tampines 1, OCBC Tampines Centre Two, Our Tampines Hub and UOB Tampines Centre respectively. The commitment of these building owners brings the DDC network one step closer to materialisation in Tampines. Mr Masagos Zulkifli, Adviser to Tampines GROs, Minister for Social and Family Development, Second Minister for Health and Minister-in-charge of Muslim Affairs said: “Sustainable towns and districts are essential for Singapore to meet our sustainability goals under the Singapore Green Plan 2030. The results from the feasibility study at Tampines Central look promising. I am hopeful that the adoption of this green cooling solution will bring Tampines closer to our ambition to be an Eco Town by 2025 and pave the way for district cooling to be explored across other towns and built-up areas.” “A more efficient way to cool buildings would cut down on energy, carbon and cut costs. Temasek is delighted to partner SP Group to study the feasibility of a novel distributed district cooling concept for brownfield developments which could provide cities worldwide with a proof-of-concept for a more sustainable way to cool buildings,” said Dr Steve Howard, Chief Sustainability Officer, Temasek. SP’s Group Chief Executive Officer, Mr Stanley Huang, said, “In Singapore’s highly urbanised landscape, it is necessary to innovate and deploy sustainable solutions to existing infrastructure. This white paper illustrates the potential of district cooling as a core solution to empower existing townships to go green, demonstrating its potential to support Tampines’ Eco Town ambitions. Tampines residents can enjoy the same sustainable and reliable cooling comfort, similar to our district cooling solution at Marina Bay. Through a  widespread adoption of distributed district cooling, building owners of mature developments can reap significant energy savings and contribute to our national decarbonisation efforts, without any compromise in the comfort for users.” Ms Amy Hing, 1 Deputy Secretary, MSE, said: “This study explores an innovative district cooling solution in a brownfield site that can potentially enhance energy efficiency and lower the carbon footprint. We hope that the insights gained from the study will encourage more ideas and collaboration on innovative district-level solutions that contribute to the Singapore Green Plan 2030.” The hot issue of keeping cool In Singapore’s tropical climate, air conditioning is widely used to provide cool comfort. However, air conditioners consume a lot of electricity, which itself can be up to 50 per cent of a building’s total consumption. Air conditioners also contain hydrofluorocarbons (HFCs) that trap heat – making them potent greenhouse gases. In addition, the usage of air conditioners tends to lead to warmer temperatures outside due to the exchange and release of heat into the environment. There is an urgent need to find a cleaner and more sustainable way to cool our living environment. District Cooling One cooling solution that has gained traction is district cooling. This involves centralising cooling plants that distribute chilled water to various buildings through an underground network of insulated pipes to provide air conditioning. Through economies of scale, district cooling consumes less energy for the same amount of cooling and reduces carbon emissions. As the individual buildings do not need to invest in their own chillers and maintain them, this approach enhances reliability and frees up space that would be needed if the building installed its own chillers. Building owners also save on maintenance costs by tapping on the district cooling network. SP designed and built the world’s largest underground district cooling network at Marina Bay, which has been in operation with zero supply interruption since 2006. However, the  design and integration of this solution was conceptualised when Marina Bay was in a greenfield state. The concept of district cooling can be applied in a brownfield, or existing urban setting, where existing buildings already have their own chiller plant systems. This is where the DDC network comes in. In Singapore, where majority of land is already built upon and developed, connecting existing buildings on to a brownfield DDC network can be a game changer, supporting Singapore’s Green Plan 2030 to address climate change and promote sustainable living. The white paper by Temasek and SP Group titled “Taking The Heat Off Cooling: A Greener Way To Cool” can be downloaded at www.ecosperity.sg/en/ideas/taking-the- heat-off-cooling-a-greener-way-to-cool.html   -Ends-   Quotes from Property Owners Quote from CapitaLand “As part of the CapitaLand Group, one of the most sustainable corporations in the world, CICT is firmly committed to embedding sustainability in our business strategy and the daily operations of our portfolio, which is 100% green-rated. To continue advancing in our sustainability journey under CapitaLand’s 2030 Sustainability Master Plan, we believe in supporting innovation and collaborating with like-minded partners. We are therefore pleased to take part in the distributed district cooling (DDC) network feasibility study in Tampines Central, where Tampines Mall is located. To date, the results of the study have been encouraging, and we expect to see some reduction in the energy consumption for Tampines Mall going forward. We welcome and look forward to more of such collaborative efforts that benefit the communities served by CICT’s properties and support Singapore’s overall climate resilience.” Mr Tony Tan, Chief Executive Officer, CapitaLand Integrated Commercial Trust (CICT) Management Limited Quote from Frasers Property “We are pleased to be a part of this initiative to adopt a cleaner and greener cooling solution across our properties in Tampines, which aligns with Frasers Property’s corporate goal to be a net-zero carbon corporation by 2050. This opportunity to play an instrumental role in building a distributed district cooling network in the township reaffirms our commitment to tackling urgent sustainability challenges and creating places for good. As we continue to develop innovative solutions to tackle climate change, we look forward to working alongside our partners to enable a more energy-efficient and resilient ecosystem for the communities we operate in.” Mr Low Chee Wah, Chief Executive Officer, Frasers Property Retail Quote from OCBC Bank “It is exciting to see such an eco-system being created by like-minded organisations in an unified push for sustainability in Singapore. Climate action cannot be achieved by any single party; it has to be a collective one to truly make an impact. OCBC is therefore very pleased to participate in the study and initiative. We take this collective approach for all our OCBC-owned buildings too. Not only do we adopt best practices in the use of energy, water and waste management, we also do our part to nudge our suppliers, customers, tenants and other stakeholders to adopt more environmentally-friendly practices. It is also our goal to get all our buildings and branches to achieve the BCA Green Mark Award by 2030. So far, nine have received the Mark.” Ms Helen Wong, Group Chief Executive Officer, OCBC Bank Quote from UOB “At UOB, we are mindful of the environmental impact of our buildings and operations and target to have all our wholly-owned buildings certified green by 2030. To this end, we continue to make improvements in our buildings in areas such as energy efficiency and resource conservation. This is why we are pleased to work with Temasek, SP Group and other building owners to make Tampines an Eco Town in this pioneering brownfield initiative for an interconnected and sustainable cooling system. We believe the collective efforts to make the brownfield built environment more sustainable will have a multiplier effect as we strive to be more efficient in managing our environmental impact. Together, we can help to forge a sustainable future for all.” Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer, UOB Quote from People’s Association “Our Tampines Hub, led by People’s Association (PA) is happy to support this green initiative in enabling Tampines to be an Eco Town by 2025. Serving as a platform that connects and engages with the community, we will be able to create better awareness and nurture an appreciation for more energy efficient solutions among our residents. We look forward to partnering SP Group, Temasek and our neighbouring building owners to bring this initiative to fruition; and to further outreach efforts in our sustainability plan.” Mr Lim Hock Yu, Chief Executive Director People’s Association About Temasek Temasek is an investment company with a net portfolio value of S$381 billion as at 31 March 2021. Our Temasek Charter defines our three roles as an Investor, Institution and Steward, and shapes our ethos to do well, do right, and do good. As a provider of catalytic capital, we seek to enable solutions to key global challenges. We deploy financial capital to stimulate innovation and growth; develop human capital to uplift capabilities and enhance potential; enable natural capital and foster sustainable solutions for the climate and a better living environment; and seed social capital to transform lives for a more inclusive and resilient world. Sustainability is at the core of all that we do. We actively seek sustainable solutions to address present and future challenges, as we capture investible opportunities to bring about a sustainable future for all. Temasek has had overall corporate credit ratings of Aaa/AAA by rating agencies Moody’s Investors Service and S&P Global Ratings respectively, since our inaugural credit ratings in 2004. Headquartered in Singapore, we have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen and Singapore in Asia; and London, Brussels, New York, San Francisco, Washington DC, Mexico City, and Sao Paulo outside Asia. For more information on Temasek, please visit www.temasek.com.sg For Temasek Review 2021, please visit www.temasekreview.com.sg About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low-carbon, smart energy solutions 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 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 and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG.

Consumption_Gas Average consumption of Gas (kWh) Premises Types Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 HDB 1-Room 35 36 38 38 37 38 35 34 33 35 35 34 HDB 2-Room 36 36 37 38 38 40 37 34 34 36 36 34 HDB 3-Room 51 49 50 52 53 56 50 48 47 51 51 49 HDB 4-Room 62 61 61 64 66 69 62 58 58 62 63 61 HDB 5-Room 69 67 65 70 73 77 68 64 63 69 70 68 HDB Executive 73 70 70 74 78 82 73 68 68 72 74 72 Apartment 85 83 85 91 94 93 80 76 77 82 86 88 Terrace 105 103 100 108 120 114 93 97 98 98 105 107 Semi-Detached 123 118 115 120 133 130 117 105 115 115 120 117 Bungalow 201 200 213 192 220 234 209 168 197 185 198 206