News Release UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholders Cardholders can now achieve their sustainability goals seamlessly and conveniently when they charge their utilities bills to their card Singapore, 23 November 2022 – UOB EVOL cardholders will now be able to offset 100 per cent or more of their household electricity carbon footprint for free when they charge SP Group’s (SP) utilities bills to their credit card, via a new exclusive feature jointly launched by UOB and SP this month. With this new feature, when customers charge SP utilities bills to their UOB EVOL card, 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 is an affordable and convenient way for customers to get on the sustainability movement by greening their energy consumption through the purchase the amount of “green credits” in the form of Renewable Energy Certificates (RECs)1. For example, when customers charge a $90 utilities bill to their UOB EVOL card, they will receive $1.80 worth of complimentary My Green Credits from UOB, equivalent to 2% of the billed amount. My Green Credits is purchased at a cost of S$0.12 per 25 kWh, which will translate to offsetting 375 kWh (kilowatt hour) or equivalent to an average national 4-room HDB flat’s electricity usage. This is equivalent to offsetting 100 per cent of the home’s electricity carbon footprint (see Annex for illustration). New UOB EVOL cardmembers paying their SP bills via the SP app will automatically enjoy the complimentary My Green Credits, while existing cardholders who are using the SP app to pay their bills before 10 November 2022 will simply need to do a one-time re-add of their EVOL card as a payment method to be eligible. My Green Credits will be automatically reflected within the customer’s SP app, with no additional effort required from them when bill payments are made. This benefit is available for both one-time and recurring SP bills payments. UOB EVOL card is the first in the market to partner with SP Group, Singapore’s national grid operator and leading sustainable energy solutions provider in the region, to offer customers complimentary My Green Credits when they use their EVOL Card to make utilities payment. This feature is applicable to all existing and new EVOL cardholders. The My Green Credits purchased will go towards supporting sustainable energy project developments in the region for the generation of green energy. 1Renewable Energy Certificates (RECs) are tradable green energy attributes that represent units of electricity generated from renewable energy generation facilities. These facilities comply with and are registered under internationally recognised standards, such as the I-REC standard, and are eligible to be issued RECs for every unit of electricity generated. A credit card that supports the green initiative UOB EVOL card is designed to appeal and serve the needs of younger customers, particularly their increasing focus on sustainability. The UOB EVOL Card is Southeast Asia’s first credit card to use bio-sourced materials to minimise ecological footprint. The EVOL Card is made of 84 percent polylactic acid (PLA) and created from renewable sources which are safe for incineration process. An EVOL Card that has expired and discarded is biodegradable in an industrial facility. Each EVOL card cuts down the use of plastic by 84 per cent and reduces carbon footprint by 10 grams per card. EVOL card also has a strong partnership with over 30 green partners to increase customers’ awareness of sustainability in their daily spending. This new card feature is another innovative initiative to further help them contribute to sustainable efforts seamlessly and conveniently. Ms Jacquelyn Tan, Head of Group Personal Financial Services, UOB, said “We understand that every customer has unique needs, preferences and goals, and this drives us to do right by them, to serve them in a way that meets their needs. Our wide suite of credit cards provides a comprehensive range of benefits and rewards to cater to different groups of customers on their differing needs. Through our partnership with SP, we are happy to further support the younger generation’s sustainability goals with our UOB EVOL card. This also shows UOB’s commitment towards sustainability, as we empower customers to work with us to tackle climate change and to forge a more sustainable future together.” Mr Luke Tang, Head of Strategy and Sustainability, SP Group, said “We are pleased to partner UOB to catalyse behaviour that promotes sustainability and the use of renewable energy certificates on the SP App to green household electricity consumption. As younger customers chart their sustainability journeys, we look forward to empowering them with green platforms and resources and collectively accelerate Singapore’s progress towards net zero.” The SP app was launched by SP as the first sustainability lifestyle app in Singapore. It aims to incorporate green solutions and initiatives to provide users with insights and solutions to manage their utilities and to reduce their carbon footprint. In addition to My Green Credits, users can also use the app to manage their utilities, reduce electricity consumption and contribute to Singapore’s sustainability targets to achieve a low-carbon future. On another sustainable front, as part of the UOB EVOL Card My Green Credits launch, SP supported National Parks Board’s (NParks) OneMillionTrees movement to plant a million more trees across Singapore by 2030 through NParks’ registered charity and IPC, Garden City Fund’s Plant-A-Tree programme. UOB and SP will plant 50 trees in April 2023, bringing us closer to realising our vision of becoming a City in Nature, a key pillar of the Singapore Green Plan 2030. Strategic partnership to create better solutions for customers This year marks the fourth year of partnership between UOB and SP, with joint efforts to empower customers on their green goals. Previous collaborations include the purchase of RECs through SP as part of a National Day promotion in 2021 for the EVOL card. UOB has also launched an API with SP in 2020, to allow UOB customers to instantly use their UNI$ to off-set their utility bills. Moving forward, UOB will work with SP to launch another new feature in the first quarter of 2023 that allows UOB cardholders to use their UNI$ to redeem for My Green Credits via the SP mobile app. They can choose which local or international renewable energy projects that they would like to support with the My Green Credits redeemed. Under the My Green Credits initiative, SP is supporting various green projects ranging from a solar farm in Vietnam, to a wind farm in Thailand, to a solar rooftop system in Singapore, to help reduce emissions and impact on the environment. In line with Singapore’s strong push to electrify its vehicle population, ecosystem, UOB and SP also have plans to provide promotional offers to customers who use their UOB cards to pay for electric vehicles (EV) charging at SP EV charging points. Over the past 2 years, UOB has been building up a suite of sustainable future solutions to make it simpler for customers to create impact with their everyday choices. The Bank has an established sustainable investing approach which set standards for its Singapore and regional footprint by curating a suite of sustainable investments across funds, bonds and structured products. This includes its first UOB Personal Financial Services (PFS) secured loans green product framework, serving as the foundation of its Go Green home and car loans. The framework leverages insight from Morningstar Sustainalytics, a leading global provider of ESG research, ratings, and data. In November 2022, UOB also will be availing a digital doorway to sustainable banking on the UOB TMRW app, allowing customers to easily access green deals, investments and banking products on mobile. Through the app, customers will also receive eco-friendly tips for the holiday festivities, and personalised insights to bank and live more sustainably in 2023.   ANNEX: Illustration of offsetting customers’ carbon footprint with UOB EVOL Card

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Group and Hyundai to Accelerate Adoption of EVs in Singapore INNOVATION SP Group (SP) and Hyundai will jointly develop a new business model for battery leasing, or Battery-as-a-Service (BaaS) – a first in Southeast Asia – where EV users lease the car battery instead of owning it. The collaboration includes a study on EV battery utilisation and improving the ownership experience for consumers. It also involves the expansion of the EV charging infrastructure and development of new solutions for battery reuse and recycling to achieve carbon neutrality. This aims to lower the initial cost of purchasing an EV, enhance the accessibility of charging points and build an ecosystem of innovative solutions that can encourage the adoption of EVs in Singapore. Read more in the media release. - 12 November 2020 TAGS INNOVATION YOU MIGHT BE INTERESTED TO READ SP partners Pyxis to launch direct-current fast charging point for electric harbour crafts Using GET™ to help Mercatus digitally manage their tenant utilities SP Group is partnering Mercatus Co-operative Limited to deploy SP Digital’s Green Energy Tech (GET™) solutions to Mercatus’ properties. Developing the digital core of sustainable energy solutions From coding to designing systems, Ibrahim develops and manages all the central platforms and systems that power the SP Utilities app, commercial solutions, and internal projects for SP.

Singapore Institute of Power and Gas Requirements and Implementation of Electric Vehicle Charging System Course Code: NEV03 COURSE OBJECTIVES This course refers to the Technical Reference for Electric Vehicle Charging System (TR 25-1:2022) Upon completion of this course, participants will be able to: • Explain the setup of an EV charging system • Highlight the EV charging system requirements stated in TR 25 • Understand the role and responsibilities of a Skilled Person and Equipment Specialist • Describe the procedures in installation, testing, and commissioning of EV charging systems MAIN CONTENTS • Setup of EV charging system o Components of EV Supply Equipment (EVSE) o Types and charging modes of EV charging system • EV charging system standard TR 25 o Classification and functions of EV charging system o Technical and safety requirements for EV charging system • Understand the role and responsibilities of Skilled Person and Equipment Specialist • Installation of EV charging system o Project planning and implementation o Technical and safety considerations • Testing and Commissioning of EV charging system o Tests and checks to be conducted o Documentation to be prepared METHODOLOGY Lecture and practical session TARGET AUDIENCE Engineering and technical staff involved in the installation, commissioning, operation and maintenance of EV charging stations COURSE DETAILS Duration : 7 hours Instructional Method : Face-to-face or Synchronous E-learning Certification : SIPG Certificate of Completion PDU by PE Board : Pending Additional Requirement/s : NIL COURSE FEES Full Course Fee : S$700 (before GST) For Singapore Citizens/PR/LTVP+* : S$210 (before GST) For Singapore Citizens (40 years old and above) : S$70 (before GST) Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 4.0_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 4.0_0523

Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media Release SP GROUP AND I-REC HELP CORPORATES ACHIEVE GREEN TARGETS SP’s digital REC platform facilitates greater access to green energy Singapore, 31 October 2019 – SP Group (SP) is the first authorised local issuer of International Renewable Energy Certificates (I-RECs) in Asia Pacific SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-And-I-REC-Help-Corporates-Achieve-Green-Targets Media Release SP Group And I-REC Help Corporates Achieve Green Targets SP's digital REC platform facilitates greater access to green energy Singapore, 31 October 2019 – SP Group (SP) is the first authorised local issuer of International Renewable Energy Certificates (I-RECs) in Asia Pacific Searchhttps://www.spgroup.com.sg/search?tag=renewable-energy-certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources. RECs can originate from wind, solar, biomass, hydropower, biogas, geothermal, and landfill Searchhttps://www.spgroup.com.sg/search?tag=recs Search [20191031] Media Release - SP Group And I-REC Help Corporates Achieve Green Targetshttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/8827533d-e023-43dc-b744-6ede80f90416/%5B20191031%5D+Media+Release+-+SP+Group+And+I-REC+Help+Corporates+Achieve+Green+Targets.pdf?MOD=AJPERES&CVID= Media Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/helping-corporates-achieve-their-green-targets SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Helping Corporates Achieve Their Green Targets INNOVATION Ms May Liew, Head of Sustainability & Open Innovation, SP Group (seated, left) and Mr Jared Braslawsky, Secretary General of the I-REC Standard Foundation (seated, right), signed Category: Innovation The Business Times - SP Group unveils blockchain-powered green energy platformhttps://www.spgroup.com.sg/dam/jcr:d00888e7-25a9-4299-923e-d951726744f9 certificates (RECs). The move is expected to speed up the expansion of REC trades, which have gained traction here since the ratification of the Paris climate change accord in 2015. SP’s chief digital officer, Samuel Tan, said this new platform that is backed by blockchain technology, enables The Straits Times Home - Easier for small producers to sell 'green credits'https://www.spgroup.com.sg/dam/jcr:2b3a39cb-21ae-45fb-ad23-3c9efd862078 B2 HOME | THE STRAITS TIMES | TUESDAY, OCTOBER 30, 2018 | What is blockchain? What are renewable energy certificates (RECs)? And how will they both interact? SP Group is hoping blockchain marketplace will encourage wider use of renewable energy sources. WHAT IS BLOCKCHAIN? Imagine a digital ledger Sembcorp and SP Group to Collaborate on an Environmental Sustainability Platformhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Sembcorp-and-SP-Group-to-Collaborate-on-an-Environmental-Sustainability-Platform certificates (RECs) and carbon credits as well as provide carbon consulting services. RECs are a recognised way of achieving green targets and a credible means for buyers to report their consumed energy comes from renewable energy sources. Carbon credits are tradable certificates that allow buyers [20180419] Media Release - SP Group Showcases Blockchain Platform For Renewable Energy Transactions With DBShttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/6ffa1ed2-8c40-4657-af26-958f97fa052d/%5B20180419%5D+Media+Release+-+SP+Group+Showcases+Blockchain+Platform+For+Renewable+Energy+Transactions+With+DBS.pdf?MOD=AJPERES&CVID= Media Release SP GROUP SHOWCASES BLOCKCHAIN PLATFORM FOR RENEWABLE ENERGY TRANSACTIONS WITH DBS Singapore, 19 April 2018 – In a world-wide debut, SP Group presented a blockchain marketplace platform that will promote the transaction of renewable energy certificates (REC) – tradable certificates Renewable Energy Certificates | SP Grouphttps://www.spgroup.com.sg/sustainable-energy-solutions/climate-services/renewable-energy-certificates OverviewBusinessesIndividualsRECsCarbon CreditsSustainability ConsultingThe OneMillionTrees MovementContact Us Renewable Energy Certificates Renewable Energy Certificate (REC) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one SP Group Launches One Of The World's First Blockchain-Powered Trading Of Renewable Energy Certificateshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-One-Of-The-World-s-First-Blockchain-Powered-Trading-Of-Renewable-Energy-Certificates their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants saw [20181029] SP Group launches one of the world's first blockchain-powered trading of renewable energy certificates https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/e3854238-5db1-4f42-8e3d-3f7fcfa74e32/%5B20181029%5D+Media+Release+-SP+Group+launches+one+of+the+world's+first+blockchain-powered+trading+of+renewable+energy+certificates.pdf?MOD=AJPERES&CVID= their sustainability targets Singapore, 29 October 2018 - SP Group (SP) launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplace at the ASEAN Energy Business Forum (AEBF) on Monday, 29 October 2018. In conjunction with the launch, AEBF forum participants 1 2 3 4 5 6

GRID-TIED PHOTOVOLTAIC (PV) SYSTEM: APPLICATION FOR DECOMMISSIONING OF PV SYSTEM IN THE PREMISES To: SP PowerGrid Ltd 2 Kallang Sector Singapore 349277 For official use only Application No. Date Received PART I : APPLICANT’S DETAILS I hereby acknowledge the application to decommission the entire PV system in my premises as given in Part II by my Licensed Electrical Worker responsible for the PV system, including closing of associated PV account (if applicable). Name of Company / Applicant: Department / Sub-BU: Name of Authorised Person & Designation: Forwarding Address: Telephone: Email: Signature: Date: (DD/MM/YYYY) PART II : PV INSTALLATION DETAILS (TO BE COMPLETED BY LEW) Installation Address: Electrical Installation License No.: Utility Account No (Existing): Installation Intake Voltage: Existing Approved PV Capacity: kWp kWac I, (LEW No.: ), the (Name) undersigned Licensed Electrical Worker (LEW) for the PV system at the above premises, wish to apply for decommissioning of the entire PV system at the above premises on: Date: (at least 30 days in advance from date of application) (DD/MM/YYYY) Signature: Date: (DD/MM/YYYY) Page 1 of 1 Ver 1.0

Media Release New Residential Demand Response Pilot to Empower Households to Reduce Electricity Consumption during Demand Peaks The Energy Market Authority (EMA) and SP Group (SP) will pilot a Residential Demand Response (R-DR) programme to empower households equipped with smart meters to actively reduce electricity consumption during demand peaks in the power system. Targeted to be launched by second half of 2024, this pilot is the first-of-its-kind in Singapore to call upon households to make a significant difference for a more resilient and sustainable energy future. With system peak demand forecasted to increase at a compound annual growth rate of up to 6.5% over the next five years, reducing electricity consumption temporarily during peak demand periods, otherwise known as Demand Response (DR), helps to keep the power system running smoothly and more efficiently by making use of demand-side resources in addition to supply-side (such as large conventional power plants) to balance electricity demand and supply.  For commercial and industrial companies, EMA has seen about a 1.5 times increase in demand-side resources, totaling to about 100MW since the launch of EMA’s regulatory sandbox[1]. With smart meters progressively being deployed to residential and non-residential consumers, more consumers will soon be able to contribute to DR, by using these smart meters to monitor their electricity consumption, making electricity management simpler and more rewarding. Consumers can keep track of their weekly carbon emissions and adjust their electricity consumption habits accordingly to help reduce emissions, thereby minimising their environmental impact. As of September 2023, SP has installed more than 834,000 smart electricity meters across residential and non-residential premises. The residential demand response pilot will use the SP mobile application (SP app) to send alerts to participating households to temporarily reduce or defer their electricity consumption. Households can take action by deferring the use of home appliances such as washing machines or dishwashers, or lower the temperature or even switch off air-conditioning. Participants will in turn enjoy benefits such as financial incentives. On the pilot for households, Mr Ngiam Shih Chun, Chief Executive of EMA, said: “The demand response pilot helps to involve households in lowering electricity demand during peak periods. This can help create a more sustainable and efficient energy ecosystem for everyone.” Mr Stanley Huang, Group Chief Executive Officer of SP Group, said: “Partnering EMA on this pilot, SP Group will empower consumers with digital solutions to be more energy efficient and reduce carbon emission. Enhanced features on our SP App will provide consumers with timely and useful information on their utilities usage and patterns. Insights from this data are aimed at nudging consumers to make adjustments easily to reduce their consumption." [1] In 2022, EMA launched a two-year regulatory sandbox for commercial and industrial companies to optimise their energy consumption. Participating companies will have to manage their electricity demand when activated and receive payments as an incentive for reducing their electrical demand on the national power grid. -- End -- 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 build a clean energy future that is resilient, sustainable, and competitive. 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, as well as sustainable energy solutions in Singapore, China, Thailand and Vietnam. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective worldwide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast-charging stations and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at spgrp.sg/facebook, LinkedIn at spgrp.sg/linkedin and Instagram at spgrp.sg/Instagram.

Consumption_Gas Average consumption of Gas (kWh) Premises Types Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 HDB 1-Room 38 35 34 33 35 35 34 35 34 34 39 36 HDB 2-Room 40 37 34 34 36 36 34 35 35 35 37 35 HDB 3-Room 56 50 48 47 51 51 49 50 49 49 51 49 HDB 4-Room 69 62 58 58 62 63 61 62 60 60 63 62 HDB 5-Room 77 68 64 63 69 70 68 69 66 65 70 70 HDB Executive 82 73 68 68 72 74 72 73 69 68 75 74 Apartment 93 80 76 77 82 86 88 88 85 84 92 93 Terrace 114 93 97 98 98 105 107 108 108 99 108 107 Semi-Detached 130 117 105 115 115 120 117 120 117 115 124 121 Bungalow 234 209 168 197 185 198 206 202 179 195 192 202

News & Media Releases Latest All Years 06 Apr 2020 COVID-19: Suspension of Manual Reading of Utilities Meters 31 Mar 2020 Electricity Tariff Revision For The Period 1 April to 30 June 2020 15 Mar 2020 Leadership Change at SP Group 05 Mar 2020 SP Group Stands By Singapore Against COVID-19 06 Jan 2020 Application for Singapore Digital Wholesale Banking Licence 01 Jan 2020 Schneider Electric Partners SP to Fully Electrify Service Vehicles 31 Dec 2019 Electricity Tariff Revision For The Period 1 January to 31 March 2020 05 Dec 2019 Smart Building Solution by SP Group and 75F Helps Buildings Achieve More Than 30% Energy Savings 19 Nov 2019 UPAGE And SP Group Form Company Training Committee To Upskill 3,600 Employees 18 Nov 2019 SP Group Partners Sino-Singapore Guangzhou Knowledge City To Provide District Cooling, Heating & Energy Saving Solutions 1 ... 15 16 17 ... 22

News Release Daikin and SP Group Form New Joint Venture to Build Singapore’s Largest Industrial District Cooling System Singapore, 18 May 2022 – Daikin Singapore ("Daikin") and SP Group (“SP”) announced the formation of a new joint venture (JV), in conjunction with an earlier announcement by STMicroelectronics (ST) and SP to establish Singapore’s largest industrial district cooling system for ST’s Ang Mo Kio TechnoPark. The JV will build the district cooling system (DCS) which will have a cooling capacity of up to 36,000 refrigerant tonnes(RT). When completed in 2025, it will help ST achieve 20 per cent savings in cooling-related electricity consumption annually and support ST’s target of achieving carbon neutrality by 2027. Daikin and SP also signed a separate Memorandum of Understanding (MOU) to explore the potential of district cooling in other Southeast Asian countries, starting with Indonesia. Under the MOU, Daikin and SP will combine their expertise, experience and resources to bring this sustainable cooling solution to the various markets to help lower their energy consumption and reduce their carbon footprint. The expanded collaboration between both companies signifies their commitment to empower smart, low-carbon cities across the region, and to support Singapore’s sustainability ambitions under the Singapore Green Plan 20301. “We are excited to collaborate with SP Group, and we look forward to working together closely towards greater environmental sustainability”, said Mr Yoshihiro Mineno, Daikin Industries, Ltd. Moving towards a greener, cleaner future This project aligns with Daikin’s mission to build upon Singapore's ongoing roadmap for greener buildings as well as the longer-term vision for a Singapore Smart-city that includes sustainability in its advocacy. The JV will be 70 percent owned by SP and 30 percent by Daikin. It will build the new district cooling plant for ST Ang Mo Kio (AMK) Technology Park. By centralising chilled water production, the new facility is designed to optimise chiller efficiency and deliver a 24/7 chilled water supply to meet ST’s wafer fabrication needs. In addition, Daikin will be deploying one of its most efficient 2,000-tonne HFO Chiller for this project. HFO or Hydrofluro-Olefins is the new generation of synthetic refrigerants with zero ozone depletion effect and is designed to significantly reduce the Global Warming Potential2. Group Chief Executive Officer of SP Group, Stanley Huang, said, “We are honoured to partner Daikin in this joint venture to provide district cooling to STMicroelectronics at AMK TechnoPark. We look forward to a broader collaboration in Southeast Asia with Daikin.” Reducing carbon footprint and moving towards sustainability In line with the nation’s green vision, Daikin hopes to achieve net-zero by the year 2050 by reducing greenhouse gas emissions and is constantly working towards this goal. The company plans on achieving this by making conscious changes in its entire value chain: life cycle of products, manufacturing, work processes through solution propositions, innovative technologies, and the use of IoT and AI. The ultimate goal here is to contribute toward a cleaner, safer environment to combat climate change issues and move towards a sustainable future. Daikin Singapore has been working with a keen focus on lowering its carbon footprint. As such, the company plans on leveraging its latest chiller software and optimisation expertise3 for this project. Daikin is also planning to launch other green initiatives, including a solution that uses chemical-free water treatment4 that leverages applied electrochemistry and an intelligent controller to enhance system performance, providing a sustainable and scalable solution to large building HVAC systems and industrial chiller circuits, but also saves energy, water, maintenance and chemical costs in cooling water management. Daikin fully supports our national directions and is keen to play an active role in this journey, especially in going Green, Smart and Sustainable in the Living Environment. With this project, we are excited to take another step towards our goals for a sustainable smart nation,” said Mr Liu Shaw Jiun, Daikin Airconditioning Singapore Pte Ltd. Daikin and SP first collaborated back in 2020 to bring Singapore’s first large-scale residential centralised cooling system to the upcoming Tengah HDB Town. Both companies will continue to explore future opportunities to help create energy-saving models and help Singapore and the rest of Southeast Asia move towards a resilient, sustainable future 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. About Daikin Singapore In the beginning, Daikin Singapore has placed its strategic focus on HDB, building a stronger sales channel by developing Daikin Proshop and thereby differentiating itself from its competitors. With more than 50 years of history in Singapore, Daikin also drove expansion by launching differentiated products such as Remote Monitoring System (RMS), which provides energy optimization and predictive analytics. In Applied Product equipment (AP), which is mainly used in the commercial or industrial sector, it expanded sales by focusing on highly efficient products like magnetic-chiller products and airside using EC motors. Its services business was solely related to the repair and supply of spare parts and since with the acquisition of BMS Engineering, the company has started to focus on Indoor Air Quality (IAQ) and Eco-Friendly Maintenance, where it aims to support green building projects. Daikin will then optimize AC equipment and other building equipment implementation before moving towards providing a full suite of services by adding Energy Management to its portfolio to manage equipment for the whole building. The expansion of Daikin technology and know-how in the cooling industry has enabled Daikin to scale up their green projects to build District Cooling Networks for Tengah and now STMicroelectronics Website: https://www.daikin.com.sg - Ends - 1https://www.greenplan.gov.sg/splash 2https://iopscience.iop.org/article/10.1088/1757-899X/905/1/012070/pdf 3https://www.daikin.com.sg/building-solutions/bms/water-sideoptimisation 4https://www.daikin.com.sg/building-solutions/environmental-solutions/chemical-free-water-treatment

Media Release SP Group Partners Sino-Singapore Guangzhou Knowledge City to Develop Energy-Saving Solutions Singapore & China, 31 August 2020 – SP Group (SP) today signed an agreement with the SinoSingapore Guangzhou Knowledge City Investment and Development Co. Ltd (GKC Co) to establish a joint venture (SP-GKC JV Co) to develop district cooling, heating and integrated energy solutions that will help the China-Singapore Guangzhou Knowledge City (CSGKC) to achieve energy savings. The joint venture agreement was signed by SP’s Group Chief Executive Officer Mr Stanley Huang and GKC Co’s Chief Executive Officer Mr Chen Changxin at the 11th Singapore-Guangdong Collaboration Council (SGCC) meeting. The meeting, held over video conference in Guangzhou and Singapore, was co-chaired by Guangdong Governor Mr Ma Xingrui and Singapore’s Transport Minister Mr Ong Ye Kung. As part of the agreement, SP and GKC Co are working together to develop district cooling and heating solutions for the Knowledge Tower at the Jiulong Lake area in GKC. Leveraging the technology and SP’s experience in the energy industry, both parties will also focus on integrating sustainable energy solutions such as distributed energy, energy storage, energy efficiency and energy management systems. In the next phase of development, these solutions could be extended to other projects in the SinoSingapore International Technology Innovation Cooperation Demonstration Area within CSGKC, to enable more customers to enjoy substantial energy and cost savings. This will translate to a cleaner and more sustainable energy future for CSGKC and Guangzhou city. Mr Stanley Huang, Group Chief Executive Officer of SP Group said: “Our technology and operations at Raffles City Chongqing and Singapore’s Marina Bay have helped customers achieve cost savings and reduce energy consumption by 40 per cent. Through this partnership with CSGKC, SP Group looks forward to supporting China’s goal to build an ecological civilisation and Beautiful China1 , with our smart and sustainable energy solutions. Together, we aim to enable customers in China to enjoy a sustainable, low-carbon future.” Mr. Chen Changxin, CEO of GKC Co said: "As an important platform for China-Singapore collaboration, GKC Co has started the exchanges and cooperation with SP Group since the ground-breaking of GKC. This year marks the 30th anniversary of China-Singapore diplomacy and the 10th anniversary of GKC, it is a milestone for us to jointly establish a joint venture to develop the smart energy business. Based on the principle of “government-supported, enterprise-led, market-driven” and with the Knowledge Tower project at the Jiulong Lake as a start, we will implement investment, construction and operation of district cooling and heating solutions centred on the smart micro-grids layout, promote the development of smart energy businesses in GKC and gradually extend to GBA, so as to achieve synergistic improvement of commercial value, corporate benefits and social effects, and jointly create another successful model of ChinaSingapore collaboration." Raffles City Chongqing, where SP Group operates its advanced energy-efficient cooling and heating system, commenced operations in September 2019. SP’s cooling operations enabled Raffles City Chongqing to reduce energy consumption by more than 40 per cent savings, compared to conventional building chiller plants. SP designed and operates the world’s largest underground district cooling system at Singapore’s Marina Bay Financial district. Besides achieving substantial energy efficiency, the Marina Bay district cooling network achieved 100% reliability for 13 consecutive years, since it commenced operations in 2006. -Ends- 新加坡能源集团携手中新广州知识城实现节能解决方案 （新加坡、中国，2020 年 8 月 31 日）新加坡能源集团（SP Group）今天宣布与中新广州 知识城投资开发有限公司（简称“知识城合资公司”）签署合作协议，双方成立合资企业 开发区域供冷供热及综合能源解决方案，帮助中新广州知识城（简称“知识城”）实现节 能减排目标。 新加坡能源集团总裁黄天源和知识城合资公司总裁陈长新在新加坡-广东合作理事会（简 称“新粤合作理事会”）第十一次会议上签署了该合资协议。广东省省长马兴瑞先生和新 加坡交通部长王乙康先生分别在广州和新加坡主持了此次线上视频会议。 按照协议，新加坡能源集团与知识城合资公司将共同开发知识城九龙湖“知识塔”片区的 区域供冷供热解决方案。同时，借助新能源集团在能源领域的经验和技术，双方还将关注 一体化能源解决方案，如分布式能源、储能、能效管理及整合能源管理系统等方面。下一 阶段，这些技术将拓展到广州知识城“中新国际科技创新合作示范区”的其他项目中，使 更多客户受益于能耗和成本的大幅下降。这也将为知识城和广州市更清洁、可持续的能源 事业发展助力。 新加坡能源集团总裁黄天源先生说：“我们创新的技术和营运为重庆来福士和新加坡滨海 湾的客户节约了百分之四十的能耗。新加坡能源集团希望能够通过这次中新广州知识城的 合作，用我们的智慧可持续能源解决方案，继续支持中国的生态文明和‘美丽中国’2建 设，实现低碳和可持续发展的未来。” 知识城合资公司总裁陈长新说：“这个合资企业的建立正值中新建交 30 周年和广州知识 城成立 10 周年，对于知识城智慧能源产业发展来说有着里程碑式的意义。我们将坚持 ‘政府引导、企业先行、市场化运作’的原则，以九龙湖知识塔项目为起点，围绕智能微 网布局实施区域制冷和供热解决方案的投资、建设和运营。”陈长新表示，双方还将持续 提升知识城智慧能源产业发展水平，并将成功经验推广至粤港澳大湾区，从而实现商业价 值、企业效益和社会效应的协同提高，共同打造中新合作的又一成功典范。 新加坡能源集团在新加坡滨海湾金融区设计打造了世界上最大的地下区域供冷系统。该系 统自 2006 年投入运营以来已连续十三年实现 100%的可靠性。2019 年 9 月正式营业的重庆 来福士广场也采用了新能源集团的尖端高效节能供冷供热系统，实现了高达40%以上的节 能效果。新加坡能源集团将以中新广州知识城合作项目为契机，为中国持续带来高效节能 的解决方案，助力“美丽中国”建设。 -完-

Consumption_Water Average consumption of Water (CuM) Premises Types May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 HDB 1-Room 8.0 8.1 8.0 7.9 8.0 8.0 8.0 7.8 7.8 8.0 8.3 8.4 HDB 2-Room 9.6 9.7 9.4 9.5 9.5 9.5 9.6 9.3 9.3 9.3 9.7 10.0 HDB 3-Room 12.2 12.5 12.1 12.4 12.4 12.4 12.3 12.0 12.0 12.2 12.8 12.9 HDB 4-Room 15.4 15.6 15.1 15.5 15.7 15.7 15.5 15.1 15.0 15.5 16.2 16.3 HDB 5-Room 16.7 16.9 16.3 16.8 17.1 17.1 16.9 16.4 16.1 16.7 17.8 17.7 HDB Executive 18.6 18.8 18.2 18.9 19.0 19.2 18.8 18.1 18.1 18.8 19.9 19.7 Apartment 13.7 13.7 13.2 13.3 13.7 13.9 13.7 13.1 12.8 13.1 14.4 14.3 Terrace 25.3 26.0 25.5 25.9 26.0 26.5 26.5 25.2 24.3 25.8 28.0 28.4 Semi-Detached 30.7 30.9 30.7 31.5 31.6 32.9 31.9 30.4 30.0 30.7 34.9 34.6 Bungalow 50.9 48.1 48.0 48.5 51.7 54.8 54.2 48.6 49.4 46.3 59.5 58.1

Media Release Singapore’s First Centralised Power Plant Simulator & Structured Genco Training Programme 1. Workforce training on operations for Singapore’s power generation companies (Gencos) will now be centralised and standardised with the launch of Singapore’s first Centralised Power Plant Simulator (CPPS). 2. Developed by the Singapore Institute of Power and Gas (SIPG) – the Centralised Training Institute for Power and Gas sectors – in partnership with the Energy Market Authority (EMA) and Gencos, the CPPS courses mark the first time that Gencos operating in a competitive environment have come together to collectively design and level training standards for the sector. This ensures a consistent level of training, which plays a critical role in ensuring a secure and stable supply of electricity for Singapore. 3. Six courses integrated with CPPS training have been co-developed by SIPG and Gencos comprising Keppel Merlimau Cogen O&M, PacificLight Power, Sembcorp Cogen, Senoko Energy, Tuas Power and YTL PowerSeraya. Spanning basic to advanced levels, the training programme establishes a consistent standard for skills training, such as in power plant operations, process controls, and management of common equipment alarms and malfunctions in a controlled environment separate from actual day-to-day plant operations, ensuring the safety of participants as well as plant and system reliability. 4. A simulated environment also ensures that the workforce could be trained in scenarios which are rare in the power sector but can lead to plant shutdowns. A unique feature of the CPPS courses is that various Gencos have committed to provide trainers who are industry practitioners, who will be able to impart valuable knowledge and skills to the participants. 5. As part of the launch of the CPPS, SIPG has introduced a structured training programme consisting of two new Power Generation Certificate Programmes with certificates recognised by all Gencos. Certificates will be issued upon the completion of the CPPS courses, as well as other Power Generation courses offered by SIPG. 6. Minister of State (MOS) for Trade and Industry Low Yen Ling officiated the launch of the CPPS at SIPG today. In her opening speech, MOS Low commended key industry partners for the strong collaboration to bolster the competency of its workforce. 7. Mr Chia Soo Ping, Principal of SIPG, said: “As the energy landscape continues its dynamic and transformative journey, SIPG is focused on cultivating competencies and technological know-how needed for the industry to keep pace with change. The Gencos’ collaborative and structured approach promotes sharing and adoption of best practices. The Centralised Power Plant Simulator training reaps efficiencies and optimises the pooling of resources and expertise across all Gencos in Singapore to strengthen the overall resilience of the workforce for the energy sector.” 8. On the launch of the CPPS, Ms Violet Chen, EMA’s Industry Ecosystem Development Director, said: “We are heartened by the collective effort of SIPG and Gencos to strengthen the training of its workforce. The Power sector will continue to play a critical role in keeping the lights on and gas flowing for Singapore as we step up efforts to advance Singapore’s energy transition towards a sustainable future.”