Media Release EMA AND SP GROUP TO PILOT THERMAL ENERGY STORAGE SYSTEM AT ELECTRICITY SUBSTATION • Thermal energy storage system will increase power grid resilience and facilitate the incorporation of more renewable energy sources in Singapore • Pilot to include installation of additional chillers to support future expansion of the Marina Bay district cooling network, bringing more efficient and sustainable cooling to more buildings Singapore, 29 August 2022 – The Energy Market Authority (EMA) and SP Group (SP) will pilot an ice thermal Energy Storage System (ESS) at the George Street Substation. This will be the first time that EMA and SP are installing an ice thermal storage facility located on its own, outside a district cooling plant. Such ice thermal storage facilities are traditionally located within a district cooling plant. 2 The pilot will optimise space usage within the substation and be completed in the third quarter of 2026 as part of the substation’s renewal works. This ESS will add up to 1,500 Refrigeration ton-hour (RTH) of ice thermal energy to the Marina Bay district cooling network operated by SP. This will enable the curtailment of up to 2 megawatts (MW) of electrical load – the equivalent of 170 4-room HDB flats for a day. This will also contribute towards EMA’s target to deploy at least 200 MW of ESS beyond 2025. 3 ESS can help to address the issue of supply intermittency, as renewable energy such as solar power fluctuates due to weather conditions. The stored thermal energy can also be discharged to power the district cooling plant and shave peak load demand. This will help to balance the electricity load, thereby reducing intermittency and enabling the grid to be more resilient. 4 On this pilot’s importance, Mr Ngiam Shih Chun, Chief Executive of EMA, said, “Energy storage systems (ESS) help to address solar intermittency and can enhance the resilience of our power grid. EMA is pleased to partner SP Group on a thermal ESS at the 1 George Street power substation. If successful, more thermal ESS can be installed islandwide, which will support Singapore’s target of having at least 200 MW of ESS beyond 2025.” 5 As part of the pilot, SP will install 3,000 refrigeration tons (RT) of chiller capacity at the substation to support the future expansion of the Marina Bay district cooling network, bringing the total installed capacity of the network to 73,000 RT. This will allow SP to provide sustainable cooling to more buildings in the Marina Bay vicinity and surrounding areas such as Boat Quay. 6 Mr Stanley Huang, Group CEO, SP Group, said, “SP Group has built deep capabilities in operating Singapore’s national grid and upholding its world-class electricity network reliability. This pilot will provide valuable insights on leveraging existing electricity infrastructure to support sustainable energy developments. In exploring the operation of thermal energy storage in more locations, we aim to strengthen the resilience, reliability and sustainability of both our electricity and district cooling networks. This will also enable us to incorporate more renewable energy sources to empower a low-carbon, smart energy future for Singapore.” 7 The thermal ESS will also enhance SP’s participation in demand response, mitigating high prices during times of tight electricity supply. SP’s district cooling operations at Marina Bay are currently a key demand response provider in Singapore, with five thermal storage tanks contributing up to 11 MW of electricity load curtailment capacity. With the additional thermal energy storage from the George Street Substation, SP can increase its electricity load curtailment capacity for demand response during peak periods which will result in overall system savings. - End - 2 About the Energy Market Authority The Energy Market Authority (EMA) is a statutory board under the Singapore Ministry of Trade and Industry. Through our work, we seek to forge a progressive energy landscape for sustained growth. We aim to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore. Visit www.ema.gov.sg for more information. 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 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 and LinkedIn at spgrp.sg/linkedin. 3

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Doing More to Help Singapore Save Energy SUSTAINABILITY For the second year running, SP Group is partnering the National Environment Agency (NEA) to encourage households to save energy through the Energy-Saving Challenge. SP is the main sponsor of the challenge. Through last year’s Challenge, over 3 months, about 7,000 participating households saved 330,000kWh, enough to power 1,000 three-room flats for more than a month. SP Services Managing Director Chuah Kee Heng joined Minister for the Environment and Water Resources Masagos Zulkifli, North West Community Development Council Mayor Dr Teo Ho Pin, NEA CEO Ronnie Tay at the launch of the challenge on 5 May 2018. — 5 May 2018 Chuah Kee Heng, Managing Director, SP Services (left) with Minister for the Environment & Water Resources Masagos Zulkifli Members of the public finding out about the Energy-Saving Challenge. TAGS SUSTAINABILITYSAVE ENERGY SAVE COST 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

THE STRAITS TIMES BRANDED CONTENT He connects the nation to Singapore’s electricity grid From the NCCS building to the MCE tunnel, he and his team at SP Group power up new developments across the country Mr Abdul Latiff Muhamed Abdullah is the Principal Technical Officer involved in providing electricity connection for key infrastructural projects such as the Marina Coastal Expressway and the National Cancer Centre Singapore's new building. PHOTO: SP GROUP PUBLISHED JAN 6, 2023, 4:00 AM SGT Most of us can’t imagine a world without power. It lights up streets, warms our showers and charges our digital devices. It is also crucial to sustaining life, as SP Group (SP) Principal Technical Officer Abdul Latiff Muhamed Abdullah would tell you. The SP employee still remembers his heart swelling with pride when he switched on the power for the National Cancer Centre Singapore’s (NCCS) new building, which began operations in December 2022. Located in Singapore General Hospital’s campus, the new building is four times larger than the old one and is able to handle 200,000 patient visits a year. The grid powers the centre’s lifesaving medical equipment that the patients need for their cancer treatment. “I feel a sense of happiness and fulfilment each time I pass by the building, having been part of the team to lay the power cables and the privilege of switching the lights on for the first time,” says Mr Abdul Latiff. The 38-year-old oversees the commissioning of new substations, which connect new properties to the electricity grid maintained by SP. He is part of a team that links 1.6 million commercial, industrial and residential customers to SP’s grid. From hospitals to HDB flats and factories, Mr Latiff has commissioned them all in his 14- year career with SP. Get tips to grow your investments and career in weekly newsletter Enter your e-mail Sign up By signing up, you agree to our Privacy Policy and Terms and Conditions. Keeping the electricity flowing Last year, customers experienced a record low average of 6.6 seconds of electricity interruption, one of the lowest in the world. A typical day for Mr Abdul Latiff involves careful planning and managing the deployment of resources. “For areas with critical power dependency, such as data centres and hospitals, we need to be on high alert to respond to unexpected situations efficiently,” he says. As new projects come on stream, Mr Abdul Latiff and his team also take charge of linking up new substations to the grid through cable connections. Excavation is typically involved, which can be a tricky situation for the team. For instance, if the excavation takes place near the entrance of a hospital, the team has to make provisions for ambulances and other emergency vehicles to enter swiftly, while ensuring safety for his team and the successful connection of substations. “If we close one lane of the road for excavation, the ambulance may take a few more minutes than usual to enter the hospital. It could be a matter of life and death for emergency cases,” explains Mr Abdul Latiff. “These are critical details that I have to consider in minimising impact,” he adds. As new projects come on stream, Mr Abdul Latiff and his team commission new substations, integrating them into the grid. PHOTO: SP GROUP Safety is always paramount, even in the race against time Mr Abdul Latiff has had to work within some extremely tight deadlines, without compromising on safety and quality. His most challenging projects include powering the whole of the Marina Coastal Expressway (MCE), as well as setting up additional workers’ dormitories that were used as quarantine facilities when Singapore responded to the Covid-19 outbreak in 2020. For the latter, with close coordination from multiple agencies and clients to expedite infrastructural works, he managed to set up power in two weeks, instead of the usual 10 weeks a similar-sized project would take. Till today, he counts those two projects as some of his most memorable moments. “I started my career at SP from the ground up as a technician, working my way up to become a principal technical officer and learning as I go. Leading a team of technicians and technical officers to power through different challenges has been truly fulfilling,” says Mr Abdul Latiff. “The experience I’ve gained is something that money can’t buy,” he adds. Upskilling for the integration of renewable energy Beyond its role as the national grid operator, SP Group actively pursues sustainability initiatives as a key part of Singapore’s climate strategy. Its climate initiatives include a nationwide electric vehicle (EV) charging network, deploying renewable energy generation, and smart electricity metering to monitor and reduce usage. Mr Abdul Latiff, who graduated from Ngee Ann Polytechnic with an electrical engineering diploma in 2010, is now pursuing an electrical power engineering degree at the Singapore Institute of Technology, sponsored by SP. The modules cover topics including sustainable generation, renewable energy, smart grids, as well as electric vehicles and charging infrastructure so as to prepare the power sector workforce to meet the growing demand for cleaner, more sustainable energy options. The Tengah project is an example of SP’s clean energy efforts. It operates large-scale solar panel systems to power the Tengah HDB estate (including some public areas like the community centre), contributing to Singapore’s goal of achieving two gigawatt-peak solar capacity by 2030. The solar panels, coupled with other sources of renewable energy, will power centralised cooling, a climate-friendly home cooling option that Tengah residents can subscribe to. Based on energy savings of 5,178MWh for Tengah, the solar power project will reduce 2,115 tonnes of carbon emissions, equivalent to carbon absorbed by 105,757 trees for one year. SP is deploying both conventional and vertical solar panels (known as building-integrated photovoltaics, or BIPVs) in Tengah. When fully developed, Tengah will have one of the largest aggregated installations of BIPVs in Singapore. Mr Abdul Latiff and his team played a crucial role in the planning stages prior to connecting Tengah’s solar panels to the grid, ensuring that these panels deliver power optimally. Another emerging trend is the adoption of electric vehicles (EV). SP currently operates Singapore’s largest EV charging network, with 658 charging points across close to 160 locations. SP aims to scale up charging facilities at residential, commercial and industrial locations in tandem with the Singapore Green Plan 2030. Mr Abdul Latiff, who is upskilling his technical know-how, is already taking necessary steps to keep pace with emerging energy demands, such as the one needed to support Singapore’s electrification goals. Together with employees such as Mr Abdul Latiff, SP is evolving to support more complex power systems, designed to incorporate diverse sources of cleaner energy. Join ST's Telegram channel and get the latest breaking news delivered to you. � E-paper � Facebook � Instagram � Twitter � LinkedIn � Podcasts � RSS Feed � Telegram � Youtube � TikTok • SINGAPORE • ASIA • WORLD • OPINION • LIFE • TECH • SPORT • VIDEOS • PODCASTS • MULTIMEDIA • BUSINESS About Us Terms & Conditions Privacy Policy Need help? Reach us here. Advertise with us � Sign up for our daily newsletter Enter your e-mail Sign up More newsletters By registering, you agree to our T&C and Privacy Policy. MCI (P) 076/10/2022, MCI (P) 077/10/2022. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2023 SPH Media Limited. All rights reserved.

Dulu ‘kaki ponteng’, kini pelajar cemerlang Pelajar ITE antara tujuh anak Melayu yang terima biasiswa Singapore Power Nithiah Nandan �ERVINA MOHD JAMIL ervinamj@sph.com.sg DAHULU, Encik Mohamed Farhan Mohamed Rafi sering ponteng sekolah sehingga pernah meraih kurang daripada satu mata Gred Purata Mata (GPA). Mata penuh GPA ialah empat. Akhirnya, beliau berhenti sekolah. Namun kini, anak kedua daripada keluarga tiga beradik itu bukan sahaja bakal tamat pengajian di Institut Pendidikan Teknikal (ITE), bahkan berjaya meraih biasiswa. Encik Mohamed Farhan, 24 tahun, adalah antara tujuh pelajar Melayu daripada 21 pelajar ITE dan politeknik yang menerima Biasiswa ITE dan Politeknik Singapore Power (SP) Nithiah Nandan, yang diberikan buat julung-julung kalinya. “Selepas saya berhenti sekolah, saya masuk Perkhidmatan Negara (NS), tetapi enam bulan selepas tamat NS pada 2012, saya terfikir, nak pergi mana selepas ini? “Saya pergi ke pameran pekerjaan dan ceramah kerjaya tapi saya sedar, tak banyak kerja yang boleh BERJAYA WALAU HADAPI CABARAN: Cik Nurfadilah dan Encik Mohamed Farhan antara penerima Biasiswa ITE dan Politeknik Singapore Power (SP) Nithiah Nandan, yang diberikan buat kali pertama. – Foto TUKIMAN WARJI saya lakukan kerana saya hanya ada sijil peperiksaan GCE Peringkat ‘N’,” kata pelajar ITE Kolej Timur dalam jurusan kejuruteraan elektrikal itu. Menteri di Pejabat Perdana Menteri, Encik Lim Swee Say, menghadiri upacara penyampaian biasiswa di Institut Devan Nair di Jurong East itu semalam selaku tetamu terhormat. Penerima biasiswa dipilih berdasarkan keputusan akademik, kebolehan dan minat mereka terhadap bidang kejuruteraan tenaga. Pelajar politeknik menerima $24,000 sementara pelajar ITE menerima $11,000 seorang, yang antara lain membiayai pengajian mereka. Mereka juga perlu berkhidmat di SP selama dua tahun selepas tamat pengajian. Seorang lagi penerima biasiswa, Cik Nurfadilah Mustaffa, 19 tahun, pula terpaksa bersiap ke sekolah di ITE Kolej Timur di Simei sedang kebanyakan teman sekolahnya sedang nyenyak dibuai mimpi. Anak bongsu daripada keluarga tiga beradik itu tinggal di Johor Bahru bersama keluarganya dan bangun pada 4.30 pagi setiap hari untuk tiba di kampus pada 8.30 pagi. Namun, ia sedikit pun tidak menghambatnya daripada terus bekerja keras demi mencapai keputusan cemerlang di sekolah. “Biasiswa ini dapat meringankan beban ibu bapa saya. Saya juga ingin buktikan bahawa wanita pun boleh berjaya dalam bidang kejuruteraan yang biasanya diceburi lelaki,” katanya yang merancang melanjutkan pengajian ke peringkat diploma.

30 Sep 2013 For Immediate Release MEDIA RELEASE ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 OCTOBER TO 31 DECEMBER 2013 1. For the period from 1 Oct to 31 Dec 2013, electricity tariffs will increase by an average of 0.5% or 0.12 cents per kWh. The higher tariff is due to an increase in fuel costs of 4.3% compared to the previous quarter. The quantum of the increase is mitigated by a reduction in non-fuel costs; otherwise the tariff would have gone up by 2.2%. 2. For households, the electricity tariff will increase from 25.95 to 26.08 cents per kWh in Q4 2013. The average monthly electricity bill for families living in four-room HDB flats will rise by $0.55 (see Appendix 3 for the average increase for different household types). 3. SP Services reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator. The tariffs given in Appendix 1 have been approved by the EMA. _______________________________________________________________________________________________________ Issued by: SP Services Limited 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Co. Reg No : 199504470N www.spservices.com.sg SP Services Ltd 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Tel (65) 6378 8888 www.spservices.com.sg Co. Registration No.: 199504470N Appendix 1 REVISION OF ELECTRICITY TARIFFS FROM 1 OCTOBER 2013 Existing Tariff (without GST) New Tariff (without GST) New Tariff (with 7% GST) LOW TENSION SUPPLIES, DOMESTIC All units, ¢/kWh 25.95 26.08 27.91 LOW TENSION SUPPLIES, NON-DOMESTIC All units, ¢/kWh HIGH TENSION SMALL (HTS) 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 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 25.95 26.08 27.91 7.49 7.49 8.01 11.24 11.24 12.03 23.98 24.17 25.86 14.71 14.65 15.68 0.59 0.59 0.63 7.49 7.49 8.01 11.24 11.24 12.03 23.76 23.95 25.63 14.70 14.64 15.66 0.59 0.59 0.63 6.90 6.90 7.38 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 10.35 10.35 11.07 22.81 22.99 24.60 14.59 14.54 15.56 0.48 0.48 0.51 SP Services Ltd 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Tel (65) 6378 8888 www.spservices.com.sg Co. Registration No.: 199504470N Appendix 2 BREAKDOWN OF ELECTRICITY TARIFF 1. The electricity tariff consists of the following four components: a) Energy cost (paid to the generation companies): This component is adjusted quarterly to reflect changes in the cost of power generation. b) Network cost (paid to SP PowerAssets): This fee is reviewed annually. c) Market Support Services Fee (paid to SP Services): This fee is reviewed annually. d) Market Administration and Power System Operation Fee (paid to Energy Market Company and Power System Operator): This fee is reviewed annually to recover the costs of operating the electricity wholesale market and power system. Q4 2013 TARIFF Energy Costs 20.81¢/kWh Increased by 0.13 ¢/kWh Generation Companies Network Costs 5.05¢/kWh MSS Fee 0.17¢/kWh Market Admin & PSO Fee 0.05¢/kWh No Change No Change No Change SP PowerAssets SP Services Power System Operator & Energy Market Company SP Services Ltd 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Tel (65) 6378 8888 www.spservices.com.sg Co. Registration No.: 199504470N Appendix 3 AVERAGE INCREASE IN MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS (TARIFF REVISION WEF 1 OCTOBER 2013) SP Services Ltd 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Tel (65) 6378 8888 www.spservices.com.sg Co. Registration No.: 199504470N

Consumption_Water Average consumption of Water (CuM) Premises Types Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 HDB 1-Room 7.3 7.9 8.0 8.1 8.0 7.9 8.0 8.0 8.0 7.8 7.8 8.0 HDB 2-Room 8.9 9.4 9.6 9.7 9.4 9.5 9.5 9.5 9.6 9.3 9.3 9.3 HDB 3-Room 11.6 12.3 12.2 12.5 12.1 12.4 12.4 12.4 12.3 12.0 12.0 12.2 HDB 4-Room 14.7 15.4 15.4 15.6 15.1 15.5 15.7 15.7 15.5 15.1 15.0 15.5 HDB 5-Room 16.1 16.9 16.7 16.9 16.3 16.8 17.1 17.1 16.9 16.4 16.1 16.7 HDB Executive 18.0 18.7 18.6 18.8 18.2 18.9 19.0 19.2 18.8 18.1 18.1 18.8 Apartment 13.5 14.0 13.7 13.7 13.2 13.3 13.7 13.9 13.7 13.1 12.8 13.1 Terrace 25.1 25.4 25.3 26.0 25.5 25.9 26.0 26.5 26.5 25.2 24.3 25.8 Semi-Detached 30.6 30.6 30.7 30.9 30.7 31.5 31.6 32.9 31.9 30.4 30.0 30.7 Bungalow 49.2 48.7 50.9 48.1 48.0 48.5 51.7 54.8 54.2 48.6 49.4 46.3

Consumption_Elect Average consumption of Electricity (kWh) Premises Types Jul-24 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 HDB 1-Room 140 151 148 139 142 128 127 121 119 128 136 150 143 150 136 136 144 127 124 119 118 135 139 144 HDB 2-Room 183 198 192 183 186 166 168 161 156 169 181 195 190 195 177 177 188 164 165 158 158 181 185 192 HDB 3-Room 264 283 277 266 266 243 238 231 231 250 265 284 273 280 257 259 271 242 239 231 234 264 267 281 HDB 4-Room 360 385 381 363 365 338 327 320 309 341 363 390 381 388 358 355 377 334 330 322 325 365 369 388 HDB 5-Room 416 447 446 427 429 397 379 374 359 399 425 457 450 459 423 417 444 392 386 378 383 430 435 459 HDB Executive 515 546 548 520 523 481 462 458 445 495 522 562 554 562 520 513 546 478 472 462 474 525 528 557 Apartment 500 513 539 523 519 486 446 419 417 476 516 548 536 541 513 501 538 500 451 429 450 509 544 559 Terrace 838 847 885 851 851 785 747 744 714 775 823 881 848 866 817 818 836 785 734 735 722 788 830 870 Semi-Detached 1,128 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 Bungalow 2,220 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 Note: The figures exclude electricity consumption for PAYU customers and customers who are not purchasing electricity at the regulated tariff.

Media Release Singapore Power To Build Advanced Energy Efficient Cooling Network For Capitaland's Raffles City Chongqing Landmark agreement marks Singapore Power’s first district cooling network in China Singapore, 20 May 2015 – Singapore Power (SP) today signed an agreement with CapitaLand Limited (CapitaLand) for the delivery of district cooling for Raffles City Chongqing. SP will design, build, own and operate an advanced energy-efficient cooling system for Raffles City Chongqing. The district cooling system will deliver high-quality air conditioning services to consumers through an integrated underground pipe network. 2. Singapore Power’s advanced energy-efficient cooling network is expected to deliver up to 50% cost savings in energy consumption, compared to conventional building chiller plants. Raffles City Chongqing will enjoy lower energy usage with about S$30 million savings over 20 years. Tenants of Raffles City Chongqing will enjoy the same round-the- clock availability and high reliability as the consumers in Marina Bay Singapore. 3. Mr Wong Kim Yin, Group CEO of Singapore Power, said, “Singapore Power is excited to partner CapitaLand for Raffles City Chongqing. With our expertise in advanced energy-efficient cooling networks, we are confident Raffles City Chongqing will set a new benchmark in sustainability. Advanced energy-efficient cooling networks are uniquely suited to serve China’s drive towards urbanisation and clean development. Singapore Power will grow this business with high priority, leveraging our advanced engineering capabilities and our successful track in Marina Bay Singapore.” 4. Mr Lim Ming Yan, President & Group CEO of CapitaLand Limited, said: “CapitaLand is one of the pioneer adopters of green building standards because we strongly believe sustainability is a continuous process that is integral to our business. As internationally recognised urban icons of excellence, Raffles City developments attest to CapitaLand’s commitment to develop user-centric built environments to improve the economic, environmental and social well-being of our stakeholders. We look forward to partnering Singapore Power in implementing this advanced energy-efficient district cooling system at Raffles City Chongqing – the single biggest development in Chongqing to date to adopt the system – which will enable us to avoid incurring about S$30 million in utility cost over 20 years and eventually benefit our tenants in the long run.” 5. Singapore Power has a strong track record in delivering advanced energy-efficient cooling services to developments at the Marina Bay business district since May 2006. With extensive development capabilities in designing, construction and commissioning, its district cooling footprint spans a service area of 1.6 million m2, including commercial, hotels, apartments, office and retail buildings. Leveraging its advanced engineering and technology, SP has delivered up to 50% energy savings compared to in-building chiller systems. --- About Singapore Power Singapore Power Group (SP) is a leading energy utility group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia. More than 1.4 million industrial, commercial and residential customers in Singapore benefit from SP’s world-class transmission, distribution and market support services. The networks in Singapore are amongst the most reliable and cost-effective worldwide. For more information, please visit www.singaporepower.com.sg. About CapitaLand Limited CapitaLand Limited is one of Asia’s largest real estate companies headquartered and listed in Singapore. The company leverages its significant asset base, design and development capabilities, active capital management strategies, extensive market network and operational capabilities to develop high-quality real estate products and services. Its diversified global real estate portfolio includes integrated developments, shopping malls, serviced residences, offices and homes. Its two core markets are Singapore and China, while Indonesia, Malaysia and Vietnam have been identified as new growth markets. The company also has one of the largest real estate fund management businesses with assets located in Asia. CapitaLand’s listed real estate investment trusts are Ascott Residence Trust, CapitaLand Commercial Trust, CapitaLand Mall Trust, CapitaLand Retail China Trust and CapitaMalls Malaysia Trust. Issued by: Singapore Power Limited 10 PasirPanjang Road #03-01 Mapletree Business City Singapore 117438 Co. RegNo : 199406577N www.singaporepower.com.sg -- End --

Cents/kWh 30 Sep 2016 For Immediate Release MEDIA RELEASE ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 OCTOBER TO 31 DECEMBER 2016 1. For the period from 1 Oct to 31 Dec 2016, electricity tariffs will decrease by an average of 0.7% or 0.14 cent per kWh compared to the previous quarter. The tariff reduction is due to the lower cost of natural gas for electricity generation, which fell by 2.5% compared to the previous quarter. 2. For households, the electricity tariff will decrease from 19.27 to 19.13 cents per kWh for 1 Oct to 31 Dec 2016. The average monthly electricity bill for families living in four-room HDB flats will decrease by $0.57 (see Appendix 3 for the average monthly electricity bill for different household types). 21.00 Quarterly Household Electricity Tariff 20.35 20.00 19.00 19.50 19.27 19.13 18.00 17.68 17.00 16.00 Oct - Dec 15 Jan - Mar 16 Apr - Jun 16 Jul - Sep 16 Oct - Dec 16 3. SP Services reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator. The tariffs given in Appendix 1 have been approved by the EMA. Appendix 1 ELECTRICITY TARIFFS FROM 1 OCT 2016 Existing Tariff (without GST) New Tariff (without GST) New Tariff (with 7% GST) LOW TENSION SUPPLIES, DOMESTIC All units, ¢/kWh 19.27 19.13 20.47 LOW TENSION SUPPLIES, NON-DOMESTIC All units, ¢/kWh HIGH TENSION SMALL (HTS) 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 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 19.27 19.13 20.47 8.36 8.36 8.95 12.54 12.54 13.42 16.22 16.07 17.19 9.93 9.84 10.53 0.59 0.59 0.63 8.36 8.36 8.95 12.54 12.54 13.42 16.00 15.85 16.96 9.92 9.83 10.52 0.59 0.59 0.63 7.54 7.54 8.07 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 11.31 11.31 12.10 15.16 15.01 16.06 9.83 9.74 10.42 0.48 0.48 0.51 Appendix 2 BREAKDOWN OF ELECTRICITY TARIFF 1. The electricity tariff consists of the following four components: a) Energy costs (paid to the generation companies): This component is adjusted quarterly to reflect changes in the cost of power generation. b) Network costs (paid to SP PowerAssets): This fee is reviewed annually. c) Market Support Services Fee (paid to SP Services): This fee is reviewed annually. d) Market Administration and Power System Operation Fee (paid to Energy Market Company and Power System Operator): This fee is reviewed annually to recover the costs of operating the electricity wholesale market and power system. Q4 2016 TARIFF Market Admin & PSO Fee 0.05¢/kWh (<1%) MSS Fee 0.37¢/kWh (1.9%) Network Costs 5.30¢/kWh (27.7%) Energy Costs 13.41¢/kWh (70.1%) Appendix 3 AVERAGE MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS (TARIFF WEF 1 OCTOBER 2016) Types of Premises Average monthly consumption per Customer Average Monthly Bill New Average Monthly Bill Average Reduction in Monthly Bill kWh $(a) $(b) $(b-a) % HDB 1 Room 147.31 28.39 28.18 (0.21) (0.7) HDB 2 Room 208.00 40.08 39.79 (0.29) (0.7) HDB 3 Room 302.04 58.20 57.78 (0.42) (0.7) HDB 4 Room 406.71 78.37 77.80 (0.57) (0.7) HDB 5 Room 473.02 91.15 90.49 (0.66) (0.7) HDB Executive 584.74 112.68 111.86 (0.82) (0.7) Apartment 588.28 113.36 112.54 (0.82) (0.7) Terrace 995.41 191.82 190.42 (1.40) (0.7) Semi-Detached 1,292.08 248.98 247.17 (1.81) (0.7) Bungalow 2,477.25 477.37 473.90 (3.47) (0.7) Average 484.49 93.36 92.68 (0.68) (0.7)

Singapore Institute of Power and Gas The Electricity Regulatory Framework Course Code: ERG03 COURSE OBJECTIVES Upon completion of this course, participants will be able to: • Familiarise with the Electricity Regulatory Framework • Apply the concept of the framework for project, installation and maintenance work MAIN CONTENTS • Introduction to Electricity Regulatory Framework • Duties of transmission licensee and electrical workers • Electricity Act and regulations • Connection Agreement • Power and notice requirements for entry to customer premises • Substation relocation • Power to cut off electricity supply in emergency • Rights of network equipment on state / private land • Cable damage prevention • Case study and class discussion METHODOLOGY Lecture TARGET AUDIENCE Staff who wants to learn about the electricity regulatory framework. COURSE DETAILS Duration : 7 hours Mode of Delivery : Face-to-Face or Blended (Face-to-face and Synchronous E-Learning) Certification : SIPG Certificate of Completion PDU by PE Board : Pending Additional Requirement/s : - COURSE FEES Full Course Fee : S$800 (before GST) For Singapore Citizens/PR/LTVP+* : N.A. For Singapore Citizens (40 years old and above) : N.A. Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 3.2_0523 Singapore Institute of Power and Gas ADDITIONAL REMARKS • Trainee must attain at least 75% attendance rate and pass the assessment to receive Certificate of Completion and funding grant (if applicable). • Subsidy of up to 70% is applicable for Singapore Citizens, Permanent Residents or Long-Term Visitor Pass Plus (LTVP+) Holders, subject to funding agency’s approval. • Enhanced subsidy of up to 90% is applicable for Singapore Citizens aged 40 years and above, subject to funding agency’s approval. Note that GST payable will be computed from fee after 70% funding. • Professional Development Unit (PDU) is applicable for Professional Engineers registered under the Professional Engineers (PE) Board only. • All published fees are subject to prevailing GST. CONTACT US For more information, please contact SIPG at +65 6916 7930 or email training-institute@spgroup.com.sg. OTHER SIPG COURSES For more courses, visit our website at: https://www.spgroup.com.sg/about-us/training or Scan the QR code below: Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 3.2_0523

BRUNCH Labrador Tower set to showcase SP Group’s green, digital energy prowess Kalpana Rashiwala Published Fri, Sep 15, 2023 · 5:00 pm The thermal storage tank will be in the basement of the office tower of the Labrador Tower development. PHOTO: SP GROUP THE air-conditioning system in SP Group’s Labrador Tower, an of ce-and-retail project, is expected to be about 50 per cent more energy-ef cient than a conventional air-con system. The energy savings will be achieved through the use of underground thermal-energy storage, a microclimate control system and hybrid active chilled beams. SP Group expects to complete Labrador Tower in mid-2024. It will be near Labrador Park MRT station and a nature reserve. The thermal storage tank will be in the basement of the of ce tower. Installing such a system optimises energy ef ciency for commercial buildings because they are used heavily in the day and are vacant overnight. Cold water generated by the chiller plant at night is stored in the thermal tank and re-used to cool the building in the day, noted Surbana Jurong Group, the architect for the Labrador Tower project. Surbana Jurong also undertook the mechanical, civil and structural engineering works for the project; among other roles, it worked closely with SP Group to develop Labrador Tower’s sustainability goals. “Re-using the cold water from the storage tank allows asset owners to right-size the chiller plant and cooling towers and run the air-conditioning consistently, at optimal load for better ef ciency. The space is then freed up for other commercial uses for a higher rental yield,” Surbana Jurong said. It added that a thermal storage tank is most suitable for commercial buildings. It will not bene t residential buildings, which have a higher load at night. The microclimate control system for Labrador Tower will use SP Group’s Green Energy Tech digital-energy solution. This self-learning building-intelligence system utilises arti cial intelligence and Internet of Things (IoT) to optimise and regulate air-conditioning and maximise energy ef ciency. The technology’s predictive intelligence works together with sensors and smart dampers to take into account, for example, the number of people in the building and the weather, to optimise air- ow to cool areas evenly. The system therefore enhances occupants’ comfort while maximising energy and operational ef ciency. The hybrid active system of chilled beams to be incorporated into Labrador Tower does away with the motors or fans of conventional air-conditioning systems. Chilled water produced by SP Group’s design-patented chillers is delivered directly to the ceilings of the of ce space, cooling the air there by induction and forced convection, thus saving energy. Stanley Huang, group chief executive of cer of SP Group, said: “Leveraging our established suite of sustainable and digital-energy solutions, Labrador Tower has achieved the Green Mark Platinum Super-Low Energy certi cation from the Building and Construction Authority. This serves as a blueprint for similar mixed-use developments seeking higher energy ef ciency.” Under this certi cation, the project targets to deliver energy savings of at least 60 per cent, compared with 2005 Green Mark benchmarks.