Utility Bill Avg_With Gas Utility Bill Average ($) for households with gas Premises Types Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 HDB 1-Room 84.19 79.07 78.29 77.04 73.76 80.08 82.78 87.43 83.34 86.23 82.42 81.64 HDB 2-Room 97.62 92.27 91.27 89.30 85.50 92.72 97.00 100.66 97.91 99.45 95.00 93.57 HDB 3-Room 123.57 117.18 114.72 112.98 109.85 119.73 124.51 129.34 124.22 126.71 122.50 121.04 HDB 4-Room 146.88 140.21 135.59 135.07 130.30 142.95 148.52 154.60 149.22 151.99 147.59 145.21 HDB 5-Room 156.45 149.31 142.48 144.01 139.05 152.34 157.84 164.50 159.46 162.46 157.97 155.35 HDB Executive 172.61 163.45 157.40 159.60 154.76 169.93 174.70 182.36 177.32 179.80 175.34 171.18 Apartment 183.84 175.37 163.41 158.33 158.04 175.68 183.56 189.46 182.17 184.14 182.73 180.50 Terrace 290.49 277.89 263.67 267.59 261.56 279.64 288.94 301.97 291.01 298.11 292.67 293.17 Semi-Detached 370.19 349.08 335.83 332.11 329.24 351.85 364.56 382.10 371.24 376.26 370.72 362.56 Bungalow 712.26 661.91 659.36 621.11 635.40 675.97 699.68 725.88 709.75 708.95 728.77 693.44 Note: The figures exclude electricity charges for PAYU customers and customers who are not purchasing electricity at the regulated tariff. Utility Bill Avg_WO Gas Utility Bill Average ($) for households without gas Premises Types Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 HDB 1-Room 75.37 70.55 69.80 67.47 64.90 70.52 74.13 78.40 75.61 77.97 73.97 73.36 HDB 2-Room 88.72 83.62 82.58 80.06 76.74 83.39 87.87 91.84 89.70 91.17 86.56 85.41 HDB 3-Room 111.05 105.02 102.49 100.23 97.68 106.96 112.09 116.92 112.61 114.89 110.33 109.14 HDB 4-Room 131.35 125.25 120.76 119.36 114.92 126.86 133.11 139.31 134.99 137.35 132.51 130.31 HDB 5-Room 139.24 132.77 126.41 126.62 121.76 134.46 140.89 147.54 143.70 146.23 141.18 138.68 HDB Executive 154.44 146.15 140.37 140.97 136.47 150.92 156.71 164.42 160.31 162.51 157.57 153.76 Apartment 161.75 154.01 142.43 135.55 134.92 152.04 161.94 168.66 163.45 164.54 161.05 158.14 Terrace 263.37 250.88 239.06 240.95 235.09 253.19 263.33 276.05 267.47 273.88 266.42 265.98 Semi-Detached 340.26 319.77 307.20 301.32 299.32 321.27 335.61 352.45 342.67 347.15 340.35 333.46 Bungalow 661.57 617.06 610.72 573.47 585.41 625.30 651.42 679.81 663.52 665.92 680.97 644.28 Note: The figures exclude electricity charges for PAYU customers and customers who are not purchasing electricity at the regulated tariff.

Media Release SP Group Holds Its First Volunteers Festival, Launching Toolkit to Enlarge Its Volunteering Footprint Singapore, 4 October 2023 – Empowering employees to volunteer regularly and creating pathways for them to do so easily. SP Group (SP) has reaffirmed this commitment at its inaugural Volunteers Festival, held at the kick-off of its largest annual staff volunteer initiative. SP aims to encourage all its business units to participate in volunteer activities that the company organises throughout the year. SP has also launched Heart at Work: A Guide to Corporate Volunteering, to provide tips on ways for anyone to volunteer, matching interest and talents with various needs in the community. Drawing from the company’s decade-long experience in sustained and coordinated volunteerism, the guide aims to inspire more of its 3,700 employees to embark on their journey of creating meaningful impact and influence their colleagues, family and friends. The guide also serves as a toolkit for organisations looking to build their corporate volunteering culture. The festival at SP’s head office culminated in the flag-off of SP Power Packs – the company’s largest annual volunteer initiative. Staff volunteers, known as SP Heart Workers, deliver care packs of essential items to 10,000 lower-income households throughout the year. The initiative was scaled up five folds in 2022 to its current scope. SP has also extended the reach of the packs, from seniors to social service users across to age spectrum, such as children and youth. The items in the packs are customised according to the different age segments. Speaking at the festival, SP Group’s Chairman, Ms Leong Wai Leng, said, “SP Group is committed to ensuring that our contributions to the community are made in a sustained manner, and have a lasting impact. We have created pathways for staff to be involved by sharing their time and talent. No effort is too small. It could go a long way to brightening someone’s day, extending companionship or being a mentor or role model to the next generation.” By volunteering together, staff enjoy team bonding while alleviating the operational load of social service agencies. Besides Power Packs, activities include exercise sessions and outings for seniors, packing and distributing learning resources and conducting reading programmes for children, as well as sports activities and learning journeys for youth. These efforts complement SP’s philanthropic contributions to programmes for seniors, children and youth. Ms Leong, joined by SP’s Board members, Executive Leadership Team and union leaders, flagged off the Power Packs convoy. Leading the line-up were SP Heart Workers driving SP’s electric vehicles and others in their own vehicles. Electric vehicles now make up close to 40 per cent of SP’s vehicle fleet. The Festival featured SP Heart Workers sharing their experiences. SP’s partners AMKFSC, KidSTART Singapore, TOUCH Community Services, and Youth Guidance Outreach Services were also present with stories of how volunteers play a pivotal role in uplifting beneficiaries and improving their quality of life. To understand SP’s corporate giving and volunteer initiatives, please visit https://spgrp.sg/csr. Heart at Work: A Guide to Corporate Volunteering may be downloaded at https://spgrp.sg/heartatwork. - End - 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 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 HDB 1-Room 36 38 38 37 38 35 34 33 35 35 34 35 HDB 2-Room 36 37 38 38 40 37 34 34 36 36 34 35 HDB 3-Room 49 50 52 53 56 50 48 47 51 51 49 50 HDB 4-Room 61 61 64 66 69 62 58 58 62 63 61 62 HDB 5-Room 67 65 70 73 77 68 64 63 69 70 68 69 HDB Executive 70 70 74 78 82 73 68 68 72 74 72 73 Apartment 83 85 91 94 93 80 76 77 82 86 88 88 Terrace 103 100 108 120 114 93 97 98 98 105 107 108 Semi-Detached 118 115 120 133 130 117 105 115 115 120 117 120 Bungalow 200 213 192 220 234 209 168 197 185 198 206 202

Singapore Institute of Power and Gas Distribution Low Voltage Cable Jointing Proficiency Course Code: ECL15 SFC-Eligible | Course Reference Number: TGS-2022012930 COURSE OBJECTIVES Upon completion of this course, participants will be able to: • Understand the approach of distribution cables jointing • Understand the importance of safety at work • Apply Risk Assessment during site work • Perform LV cable joints, terminations and special joints MAIN CONTENTS Theory • Basic electricity/power system and earthing • Cable laying, construction and rating • General worksite safety in cable jointing work • Types of cable joint material methods and tools Practical • Application of cable jointing • Performing correct cable joints, terminations and special joints • Effective use of cable joint equipment and materials METHODOLOGY Lecture and practical session TARGET AUDIENCE Technical staff who are keen to be proficient in low voltage cable jointing work PRE-REQUISITES • Pass in GCE N/O Level English Language or attain Workplace Literacy (WPL) Proficiency Level 4 in English • At least NITEC in Engineering • No colour deficiency Note: All participants must pass the theory assessment before proceeding to practical sessions. COURSE DETAILS Duration : 126 hours (Theory: 10.5 hours; Practical: 115.5 hours) Mode of Delivery : Face-to-face Certification : SIPG Certificate of Completion PDU by PE Board : 7 Additional Requirement/s : Personal Protection Equipment (PPE) must be worn during practical session. PPE includes: • Safety Shoes • Rubber Gloves • Fire Retardant Clothing (FRC) • Face Shield Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 4.0_0323 Singapore Institute of Power and Gas COURSE FEES Full Course Fee : S$10,000 (before GST) For Singapore Citizens/PR/LTVP+* : S$3,000 (before GST) 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. • 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_0323

Utility Bill Avg_With Gas Utility Bill Average ($) for households with gas Premises Types Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 HDB 1-Room 81.86 87.86 87.69 83.11 84.19 79.07 78.29 77.04 73.76 80.08 82.78 87.43 HDB 2-Room 96.07 102.96 101.39 96.90 97.62 92.27 91.27 89.30 85.50 92.72 97.00 100.66 HDB 3-Room 121.74 129.94 128.83 123.83 123.57 117.18 114.72 112.98 109.85 119.73 124.51 129.34 HDB 4-Room 143.11 152.92 152.86 146.17 146.88 140.21 135.59 135.07 130.30 142.95 148.52 154.60 HDB 5-Room 149.96 161.67 162.41 156.08 156.45 149.31 142.48 144.01 139.05 152.34 157.84 164.50 HDB Executive 168.80 178.86 180.50 172.04 172.61 163.45 157.40 159.60 154.76 169.93 174.70 182.36 Apartment 175.50 181.94 191.11 186.36 183.84 175.37 163.41 158.33 158.04 175.68 183.56 189.46 Terrace 283.80 289.68 301.49 291.00 290.49 277.89 263.67 267.59 261.56 279.64 288.94 301.97 Semi-Detached 361.00 367.73 385.46 366.17 370.19 349.08 335.83 332.11 329.24 351.85 364.56 382.10 Bungalow 711.32 685.95 762.28 719.32 712.26 661.91 659.36 621.11 635.40 675.97 699.68 725.88 Note: The figures exclude electricity charges for PAYU customers and customers who are not purchasing electricity at the regulated tariff. Utility Bill Avg_WO Gas Utility Bill Average ($) for households without gas Premises Types Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 HDB 1-Room 73.55 78.77 78.62 74.36 75.37 70.55 69.80 67.47 64.90 70.52 74.13 78.40 HDB 2-Room 87.41 93.80 92.26 88.22 88.72 83.62 82.58 80.06 76.74 83.39 87.87 91.84 HDB 3-Room 109.70 116.95 115.78 111.35 111.05 105.02 102.49 100.23 97.68 106.96 112.09 116.92 HDB 4-Room 128.46 137.02 136.76 130.76 131.35 125.25 120.76 119.36 114.92 126.86 133.11 139.31 HDB 5-Room 134.00 144.16 144.59 138.87 139.24 132.77 126.41 126.62 121.76 134.46 140.89 147.54 HDB Executive 151.54 160.36 161.59 153.95 154.44 146.15 140.37 140.97 136.47 150.92 156.71 164.42 Apartment 156.02 161.06 169.18 164.23 161.75 154.01 142.43 135.55 134.92 152.04 161.94 168.66 Terrace 258.83 264.59 274.69 263.93 263.37 250.88 239.06 240.95 235.09 253.19 263.33 276.05 Semi-Detached 331.78 338.46 354.82 336.52 340.26 319.77 307.20 301.32 299.32 321.27 335.61 352.45 Bungalow 661.40 638.62 711.71 667.03 661.57 617.06 610.72 573.47 585.41 625.30 651.42 679.81 Note: The figures exclude electricity charges for PAYU customers and customers who are not purchasing electricity at the regulated tariff.

News Release SP GROUP ACQUIRES FIRST RENEWABLE ENERGY ASSETS IN CHINA THROUGH JOINT VENTURE WITH JINKO POWER Singapore, Shanghai, 11 May 2021 – SP Group (SP) and Jinko Power Technology Co. Ltd., (Jinko Power) signed a joint venture agreement to acquire and invest in renewable energy assets and to develop integrated energy solutions in China. The JV will be 60 per cent owned by SP Group and 40 per cent by Jinko Power. The JV will acquire an initial 102MWp of rooftop solar assets from Jinko Power in the Yangtze River Delta region that includes Jiangsu, Zhejiang and Shanghai. This is SP’s first acquisition of renewable energy assets in China, a key growth market for the company as it embarks on expanding its renewable and sustainable energy solutions footprint in the region. Jinko Power, listed on the Shanghai Stock Exchange, is one of the largest private solar players in China. It has two centralised control centres in Shanghai that operates 3.2GWp of solar installations across 20 provinces in China. Under the JV, Jinko Power and SP will commit to invest in and to develop renewable energy projects in China with the shared vision of becoming a leading player in integrated energy solutions, and to support China’s carbon neutral roadmap. Both parties will combine their respective strengths to develop an expanded portfolio of integrated sustainable energy solutions to meet the needs of customers and accelerate clean energy transformation in China. In April, SP Group also concluded two MOUs in China to explore collaboration opportunities in renewable energy, sustainable integrated energy solutions and Combined Cooling, Heating and Power (CCHP) projects. The MOUs were signed with Jiangsu Huadian Yizheng Gas Cogen Power Co.,Ltd, a subsidiary of China Huadian Corporation; and Chongqing Three Gorges Energy Investment Co. Ltd. , a wholly owned subsidiary of China Three Gorges (CTG) Corporation Ltd. China Huadian Corporation is one of the five largest state-owned power generation enterprises in China, and CTG is a world leader in the production of clean energy and renewable energy projects. 1 Internal SP Group’s China headquarters is in Shanghai, with three other offices in Chengdu, Chongqing and Guangzhou. -Ends- 2 Internal About SP Group SP Group is a leading utilities group in the Asia Pacific, enabling a low-carbon, smart energy future for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of renewable and sustainable energy solutions including solar energy solutions, microgrids, cooling and heating systems for business districts and residential townships, electric vehicle fast charging and 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, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About Jinko Power Jinko Power is a well-known global IPP that develops, builds, finances, owns and operates solar power plants. The Company strives to make solar the most sustainable and competitive source of energy worldwide. As one of the largest private solar player in China, Jinko Power owns and connects about 3.2 GWp of solar projects. It is one of the most sizable winners of China's renowned Top Runner Program for two consecutive years. The Company also manages a large international portfolio of assets including the world's solar plant under construction. Leveraging proven record in winning competitive tenders through structuring cost-competitive and value accretion solutions, and highly experienced in-house project development, investment, financing and execution teams, Jinko Power is developing a global pipeline of more than 7,000 MW of projects in key markets including China, the Middle East, Europe, Latin America, and Asia Pacific. 3 Internal

Singapore Institute of Power and Gas Perform Polyethylene Pipes Joining Process Course Code: GPL10 COURSE OBJECTIVES Upon completion of this course, participants will be able to: • List the Polyethylene Pipeline Systems, Plastic materials, PowerGas’ approval requirements, PE pipeline design, construction and the various types of assembly methods • Describe the special tools and equipment needed for electro & butt fusion jointing, PE Pipeline’s operation & maintenance, PE rehabilitation techniques applied in the gas industry and the future development of the PE resin MAIN CONTENTS • Understand the characteristics and properties of Polyethylene • Understand the PE pipe approval requirement • Get to know: MRS, SDR, Design formula, safety factor of PE pipeline systems • Design a PE gas pipeline system • Able to appreciate different types of fusion jointing techniques • Know how to carry out a house connection, or branch off • Know the PE hot-tapping techniques. • Understand the advantages in the construction of a PE pipeline system • Appreciate the PE quality assurance & traceability • Know varies PE pipeline rehabilitation techniques • Know about the future development of the PE resin METHODOLOGY Lecture and practical session TARGET AUDIENCE Engineering and technical staff who are required to carry out or supervise PE pipe joints or related work COURSE DETAILS Duration : 29.5 hours Mode of Delivery : Face-to-face Certification : SIPG Certificate of Completion PDU by PE Board : Pending Additional Requirement/s : Personal Protection Equipment (PPE) must be worn during practical session. PPE includes: • Safety shoes • Safety helmet • Safety vest • Palm-coated gloves COURSE FEES Full Course Fee : S$3,200 (before GST) For Singapore Citizens/PR/LTVP+* : Not applicable For Singapore Citizens (40 years old and above) : Not applicable Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 4.0_0323 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_0323

Singapore Institute of Power and Gas Design, Installation and Testing of Electrical Switchboard and Supply Turn-on Course Code: ESG06 COURSE OBJECTIVES Upon completion of this course, participants will be able to: • Understand the construction of a Low Voltage Switchboard (LV SwBd) and the function of its components such as busbar, circuit breaker and protective devices • Understand inspection and testing of LV switchboard and its associated earthing system to comply with safety requirement (CP5) for supply turn-on MAIN CONTENTS • Type tested LV switchboard, making capacity and breaking capacity, degree of protection for the switchboard enclosure, internal segregation/compartment of LV SwBd. • Mechanical design, temperature rise, Busbar rating, diversity factor for busbar, short circuit protection, short circuit withstand strength, protection against electric shock complying with CP5, earth-bar in LV SwBd. • Air circuit breaker / Mould case circuit breaker and the function of their built-in protective elements. • Trip rating / breaking capacity / making capacity of circuit breaker, current transformers. • Basic construction of electromagnetic type IDMTL relay, DTL relay for over current and earth fault protection. • Earthing system for LV SwBd base on SS 551: 2009, measurement of earthing resistance. • Inspection of LV SwBd, polarity test for CT, secondary injection test for protection relays, insulation resistance test, polarity and phase rotation test, earth fault loop impedance test, trip test of protection relay. METHODOLOGY Lecture TARGET AUDIENCE Engineering and technical staff who are required to carry out design, installation and testing of switchboard related work COURSE DETAILS Duration : 14 hours Mode of Delivery : Face-to-face or Synchronous E-learning Certification : SIPG Certificate of Completion PDU by PE Board : 12 Additional Requirement/s : Not applicable COURSE FEES Full Course Fee : S$1,600 (before GST) For Singapore Citizens/PR/LTVP+* : Not applicable For Singapore Citizens (40 years old and above) : Not applicable Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 4.0_0323 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_0323

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Expands Electric Vehicle Charging Network SUSTAINABILITY SP Group (SP) increased its high-speed electric vehicle (EV) charging network to 200 points across Singapore, including 52 direct current (DC) fast chargers. This comes after SP partnered landlords such as CapitaLand Group, City Developments Limited, Lendlease, Resorts World Sentosa and Soilbuild Group Holdings Ltd to install charging points at select properties. The new charging points will bring greater convenience to EV drivers, with new charging points located in the Central Business District, Orchard Road, Sentosa and Paya Lebar. EV drivers visiting the Orchard Road shopping district, can now charge their cars at Shaw Centre. Republic Plaza is the first commercial building in the CBD to host a fast charger, and Sentosa’s first fast chargers are located at Resorts World Sentosa. Drivers in the east can charge their cars at one of the 20 charging points at Paya Lebar Quarter. This round of expansion has enabled SP to deliver the largest and fastest public EV charging network in Singapore.  For more information on the new wave of charging points, please visit spgrp.sg/ev200. — 10 September 2019 TAGS ELECTRIC VEHICLESSUSTAINABILITY 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

Media Release Electricity Tariff Revision for the Period 1 January to 31 March 2023 Singapore, 30 December 2022 – For the period from 1 January to 31 March 2023, electricity tariff (before GST) will decrease by an average of 2.7% or 0.79 cent per kWh compared with the previous quarter. This is due to lower energy costs compared with the previous quarter. For households, the electricity tariff (before GST) will decrease from 29.74 to 28.95 cents per kWh for the period 1 January to 31 March 2023. The average monthly electricity bill for families living in HDB four-room flats will decrease by $2.63 (before GST). *before GST SP Group reviews the electricity tariffs every quarter based on guidelines set by the electricity industry regulator, Energy Market Authority (EMA). Please refer to Appendix 1 for the components of the electricity tariff, Appendix 2 for the tariffs approved by EMA, and Appendix 3 for the average monthly electricity bills for households. Issued by: SP Group 2 Kallang Sector Singapore 349277 www.spgroup.com.sg APPENDIX 1 BREAKDOWN OF ELECTRICITY TARIFF 1. The electricity tariff consists of the following four components: Energy costs (paid to the generation companies): This component is adjusted quarterly to reflect changes in the cost of fuel and power generation. The fuel cost is the cost of imported natural gas, which is tied to oil prices by commercial contracts. The cost of power generation covers mainly the costs of operating the power stations, such as the manpower and maintenance costs, as well as the capital cost of the stations. Network costs (paid to SP Group): This is to recover the cost of transporting electricity through the power grid. Market Support Services Fee (paid to SP Group): This is to recover the costs of billing and meter reading, data management, retail market systems as well as market development initiatives. Market Administration and Power System Operation Fee (paid to Energy Market Company and Power System Operator): This fee is reviewed annually to recover the costs of operating the electricity wholesale market and power system. Q1 2023 TARIFF FOR HOUSEHOLDS (before 8% GST) APPENDIX 2 ELECTRICITY TARIFFS FROM 1 JANUARY 2023 APPENDIX 3 AVERAGE MONTHLY ELECTRICITY BILLS FOR HOUSEHOLDS TARIFF WEF 1 JANUARY 2023 (before GST)