Appendix 1 CPMS Quarterly Assessment Q1 FY25/26 CPMS Quarter Assessment Q1 FY25/26 (01 Apr 2025 – 30 Jun 2025) Results Q1 FY2526 CPMS Quarter Assessment 23 25 20 15 10 5 1 8 7 4 1 0 Grade A (≥90) Grade B (80 - 89) Grade C (70 - 79) Grade D (60 - 69) Grade E (50-59) Grade F (0-49) We have completed our first quarter for CPMS assessment based on the contracts that are CPMS applicable rendered to your respective company based on the following four (4) areas: (a) Safety; (b) Quality of Work; (c) Project & Risk Management; and (d) Value Added Services The contractors involved in CPMS with their respective grades are shown as below table. SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg Appendix 1 CPMS Quarter Assessment Q1 FY25/26 (01 Apr 2025 – 30 Jun 2025) Results The list of the contractors below is arranged in alphabetical order and not in any particular ranking sequence. Contractor Grade HUAT BENG ENGINEERING CONSTRUCTION PTE LTD A AVENUE ENGINEERING PTE LTD CHINA INTERNATIONAL WATER & ELECTRIC CORPORATION (S) PTE LTD CHUAN LIM CONSTRUCTION PTE LTD CITI CONSTRUCTION & ENGINEERING PTE. LTD. FURUKAWA ELECTRIC ENGINEERING SINGAPORE PTE LTD HAO DA PTE LTD HSC PIPELINE ENGINEERING PTE LTD J&CO ENGINEERING PTE. LTD. K.H. LEE ENGINEERING & CONSTRUCTION PTE LTD KEN-PAL (S) PTE. LTD. LEY CHOON CONSTRUCTIONS AND ENGINEERING PTE LTD LIANG & HOW CONTRACTOR PTE. LTD. LIH MING CONSTRUCTION PTE. LTD. LONG ZHOU ENGINEERING PTE. LTD. MACBUILD CONSTRUCTION PTE. LTD. NECTRIC ENGINEERING PTE. LTD. SAM LAIN EQUIPMENT SERVICES PTE LTD SANGEETH CONSTRUCTION PTE LTD SER CHUAN CONSTRUCTION PTE LTD SING TEC DEVELOPMENT PTE. LTD. TECIVIL ENGINEERING PTE. LTD. U GUAN CONSTRUCTION PTE. LTD. YUAN JI ENTERPRISES PTE LTD B SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg Appendix 1 Contractor Grade DOSK CONTRACT SERVICES PTE. LTD. HANAKO CONSTRUCTION PTE. LTD. LS CABLE & SYSTEM LTD SINGAPORE BRANCH MR. BERG PTE. LTD. SING & SAN CONSTRUCTION PTE LTD SL LINK ENGINEERING PTE. LTD. UNIGLORY CONSTRUCTION PTE LTD VISTEK PTE. LTD. C HI POWER PTE. LTD. HYUNDAI ENGINEERING & CONSTRUCTION CO. LTD ILJIN ELECTRIC CO., LTD SINGAPORE BRANCH POWERCOM ENGINEERING WORKS PTE. LTD. SIGMA CABLE COMPANY (PRIVATE) LIMITED TAIHAN CABLE & SOLUTION CO., LTD. TEACLY (S) PTE. LTD. D CHIN KUAN ENGINEERING & CONTRACTORS PTE LTD JIN CHOON CIVIL ENGINEERING PTE. LTD. UK ENGINEERING & CONSTRUCTION PTE. LTD. UNITED ASPHALT PTE. LTD. E HYNERGY CORPORATION PTE. LTD. F SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg

Media Release SP Group recognised with five accolades at the Community Chest Awards 2025 Scale-up of outreach, staff volunteerism and multiplier impact are key features of SP’s giving SINGAPORE, 8 OCTOBER 2025 – For the third consecutive year, SP Group (SP) has been awarded the Pinnacle Award, the highest accolade at the Community Chest Awards. SP has also received the Charity Platinum Award, Enabler Award, SGSHARE Award and Volunteer Partner Award, bringing its total to five accolades – the highest number conferred on any organisation this year. This reaffirms SP’s expanding outreach among seniors, children and youths, and most recently, extending support to meet growing needs in the special education sector. The company has also focused on being a multiplier of good, by rallying greater participation from its employees, business partners and customers in its community outreach initiatives. SP’s combined contributions of donations and staff volunteerism have risen steadily from S$5 million in 2022 to S$5.8 million in 2024. Receiving the award from President Tharman Shanmugaratnam was SP’s Group Chief Executive Officer, Mr Stanley Huang. Mr Huang said, "We thank Community Chest for this unprecedented honour. Working closely with our social service partners has enabled us to have a keen grasp of the evolving needs of our fellow Singaporeans from lower income backgrounds. These needs range from cost-of-living concerns to special education resources and holistic programmes to help seniors age in place.” Mr Huang also paid tribute to SP’s partners in this Year of Celebrating Social Service Professionals. He said they are “instrumental as the backbone of our community care network through their dedicated and inspiring efforts”. Strong culture of staff volunteerism At the heart of SP’s community initiatives are its staff volunteers, also known as SP Heart Workers. Last year, more SP employees stepped forward as volunteers, clocking an increase of 50 per cent in volunteer hours from the previous year. This is an encouraging outcome through the pathways SP has created for its people to be agents of doing good. SP Heart Workers engaged with over 1,500 beneficiaries in an array of outreach activities for the vulnerable and underserved throughout the year. These were carried out in collaboration with social service partners such as Allkin, KidSTART, TOUCH Community Services and Youth Guidance Outreach Services. Supporting employment for persons with disabilities and special education needs In partnership with St Andrew’s Autism Centre, SP donated S$700,000 to support a multi-pronged vocational training programme that benefits over 400 youths with moderate autism and provides relief to their caregivers. The Dignity of Work initiative provides a structured food and beverage employment pathway that tackles the “post-18 cliff”, where youths with autism struggle to find employment or meaningful engagement after completing their formal education. Sustainably sourced products and ground-up initiatives from social enterprises are amplified through SP’s inclusive procurement efforts. As host of the 25th Conference of the Electric Power Supply Industry (CEPSI) in 2025, SP commissioned SG60-branded laptop sleeves from JOURNEY, a brand under TOUCH Community Services, continuing a partnership that began in 2023. SP also collaborated with organisations such as Society for Physically Disabled and The Art Faculty to procure handcrafted leather goods and artworks as corporate gifts, showcasing the talents of persons with disabilities or on the autism spectrum. Deepening community impact by empowering diverse groups The SP Heartware Fund, in partnership with Community Chest, has raised more than S$30 million since it was established in 2005. The Fund has since expanded its focus to meet the evolving needs of different groups across the community. Last year, SP also delivered over 10,000 Power Packs of daily essential items for seniors, children and youths, worth a total of $300,000. Each pack is customised for the needs of the three segments of recipients. For more information on SP Group’s community efforts, please visit https://spgrp.sg/csr.   

Media Release Schneider Electric Partners SP to Fully Electrify Service Vehicles Schneider Electric is the first corporate partner outside of the public transport sector to use SP Group’s nationwide EV charging network Singapore, 2 January 2020 – Schneider Electric (SE) and SP Group (SP) today announced a partnership to fully electrify SE’s service fleet in Singapore. The agreement enables SE’s service vehicles to access SP’s nationwide network of electric vehicle (EV) charging points. SP will fully support SE’s charging needs for at least the next two years. SE has a total service fleet size of 25. Its intent is to convert 10 of its vehicles into EVs by June 2020 and fully electrify its fleet by 2021. This decision was made possible with the partnership with SP. Damien Dhellemmes, Country President of Schneider Electric Singapore elaborates: “Going green is a deliberate decision. After greening our regional headquarters in Singapore, our next step is to electrify our fleet. This is only possible if we have an accessible and wide enough charging network so that our service vehicles can be green and still serve our customers efficiently. SP’s nationwide network gives us the impetus to make this decision.” SP had earlier signed partnerships with Grab and HDT Singapore Taxi (HDT) to support the charging needs of their EV fleets. SE is the first corporate partner outside of the public transport sector to be using SP’s nationwide EV charging network. This represents a growing trend of companies in Singapore electrifying their internal fleets to achieve environmental sustainability and cost savings. SP currently operates Singapore’s largest and fastest public EV charging network with more than 200 charging points across the island. It is targeting 1,000 EV charging points by end of 2020, of which 250 will be high-speed DC (direct current) chargers that can deliver a full charge in 30 minutes. Goh Chee Kiong, Head of Strategic Development, SP Group, said: “SP has built up deep capabilities in electric vehicle charging and usage over the years which we have harnessed for our nationwide public EV charging network. We are pleased to have Schneider Electric as our first corporate partner outside of the public transport sector and are confident this will provide a model for many other corporates to electrify their own fleet vehicles. SP’s pervasive EV charging network across Singapore will fully support their charging needs, providing drivers convenience and peace of mind.” About Schneider Electric At Schneider, we believe access to energy and digital is a basic human right. We empower all to make the most of their energy and resources, ensuring Life Is On everywhere, for everyone, at every moment. We provide energy and automation digital solutions for efficiency and sustainability. We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries. We are committed to unleash the infinite possibilities of an open, global, innovative community that is passionate about our Meaningful Purpose, Inclusive and Empowered values. About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.6 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services.  These networks are amongst the most reliable and cost-effective world-wide. SP Group also provides digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG.

Media Release SP Group donates $1 million to Suncare SG for home improvement, nutrition and employment support for lower income families SINGAPORE, 4 OCTOBER 2025 – SP Group (SP) is donating S$1 million to Suncare SG, in support of initiatives that will uplift lower-income families. The funds will go towards Suncare SG’s Kindness Inspires DreamS (KIDS) Fund to improve living conditions, provide access to nutritious meals, and enable sustainable employment opportunities for the children’s parents or caregivers. The fund was launched at a Children’s Day celebration at the Lighthouse (a children and youth centric pop-up run by Suncare SG) in Punggol, officiated by Advisers to Punggol Grassroots Organisations, Deputy Prime Minister and Minister for Trade and Industry, Mr Gan Kim Yong and Senior Minister of State for National Development and Transport, Ms Sun Xueling. DPM Gan and SMS Sun witnessed the presentation of SP’s donation to Suncare SG, which was made through Community Chest. SP’s contribution, to be disbursed over three years, will benefit around 200 families under Suncare SG’s KIDS Fund. The funding will provide targeted support for children’s immediate well-being needs, including: Home refurbishment to enhance safety, hygiene and functionality, and to create a conducive environment for the family and learning spaces for the children Nutritional aid, such as milk powder, healthy food options, and curated workshops on preparing balanced meals for growing children Employment and financial stability support through job-matching services and upskilling opportunities for caregivers, enabling sustainable employment. Children from beneficiary families will attend mentorship and academic supervision programmes (“You Power”) at the Lighthouse and join confidence building programmes like “You Sparkle” – a community choir organised by Suncare SG and supported by the Ministry of Social and Family Development – where the children have opportunities to share about their dreams through songs and showcase their hard work and talents. Caregivers of the children are engaged through surveys and house visits and watching their children do better in school and having opportunities to perform on stage strengthen their involvement and pride in the children’s development. The main caregiver will also be supported through local job-placement opportunities to enable economic stability. DPM Gan said, “Our children are our future. We want to better support children, especially those from lower-income families, so that they can grow well and have a stronger footing in life. I thank SP for doing its part to contribute to the wellbeing of children in Punggol GRC, and contributing to the whole-of Singapore effort to build a stronger, more inclusive society.” Mr Stanley Huang, Group CEO of SP Group, added, "We recognise that holistic support for the family serves as building blocks for a brighter future - from meeting daily essential needs and creating healthy homes to ensuring steady educational and employment pathways. SP Group is pleased to partner Suncare SG in uplifting families in need through sustained, multi-pronged support." Over 300 children and their families attended the Children’s Day celebration. The event included eco-educational games and hands-on activities like paper mâché making, with caregivers and partners gathered to celebrate and reaffirm the importance of building positive mindset, emotional well-being and resilient character in children. Through SP’s philanthropy and volunteerism efforts over the past year, more than S$5.8 million has been contributed to support vulnerable groups across the age spectrum including children and youth from disadvantaged backgrounds. For more information on SP Group’s community outreach and sustainable initiatives, visit https://spgrp.sg/csr.   

Guardians of the Grid RELIABILITY Day and night, SP Group’s Electricity Distribution Control Centre’s grid system is under constant surveillance. Executive Engineer Mohamad Elmi Sha Bin Mohamad Nasir and his colleagues at SP Group's Distribution Control Centre are part of the unit that oversees Singapore’s electricity grid round the clock. Day and night, they keep the grid under constant surveillance through monitoring and analysis protocols, ensuring Singapore’s power network remains one of the world’s most reliable. “Swift action, which requires knowledge and experience, is essential as every second lost would mean a delay in consumers getting their power supply back,” says Elmi. Read Elmi’s story here: http://www.cna.asia/spgroup-guardiansofthegrid TAGS RELIABILITY YOU MIGHT BE INTERESTED TO READ Ground feedback, digital tools: How she helps 8,000 workers end their day safely Faster repairs, fewer disruptions: Meet the innovative teams using smart tech to keep your piped gas supply flowing Engineer, 27, shares how she is undaunted by male-dominated energy industry & climbs the ranks

Appendix 1 CPMS Quarterly Assessment Q2 FY25/26 CPMS Quarter Assessment Q2 FY25/26 (01 Jul 2025 – 30 Sep 2025) Results Q2 FY2526 CPMS Quarter Assessment 20 15 18 13 10 5 4 5 0 0 0 Grade A (≥90) Grade B (80 - 89) Grade C (70 - 79) Grade D (60 - 69) Grade E (50-59) Grade F (0-49) We have completed our second quarter for CPMS assessment based on the contracts that are CPMS applicable rendered to your respective company based on the following four (4) areas: (a) Safety; (b) Quality of Work; (c) Project & Risk Management; and (d) Value Added Services The contractors involved in CPMS with their respective grades are shown as below table. SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg Appendix 1 CPMS Quarter Assessment Q2 FY25/26 (01 Jul 2025 – 30 Sep 2025) Results The list of the contractors below is arranged in alphabetical order and not in any particular ranking sequence. Contractor Grade CHINA INTERNATIONAL WATER & ELECTRIC CORPORATION (S) PTE LTD CITI CONSTRUCTION & ENGINEERING PTE. LTD. DOSK CONTRACT SERVICES PTE. LTD. HAO DA PTE LTD HUAT BENG ENGINEERING CONSTRUCTION PTE LTD KEN-PAL (S) PTE. LTD. LIH MING CONSTRUCTION PTE. LTD. LONG ZHOU ENGINEERING PTE. LTD. MACBUILD CONSTRUCTION PTE. LTD. PACIFIC CENTRAL TEKNIK PTE LTD POWERCOM ENGINEERING WORKS PTE. LTD. SAM LAIN EQUIPMENT SERVICES PTE LTD SANGEETH CONSTRUCTION PTE LTD SER CHUAN CONSTRUCTION PTE LTD SING TEC DEVELOPMENT PTE. LTD. TAIHAN CABLE & SOLUTION CO., LTD. U GUAN CONSTRUCTION PTE. LTD. WENG GUAN TECHNOLOGY PTE LTD B SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg Appendix 1 Contractor Grade CHUAN LIM CONSTRUCTION PTE LTD FURUKAWA ELECTRIC ENGINEERING SINGAPORE PTE LTD HANAKO CONSTRUCTION PTE. LTD. HSC PIPELINE ENGINEERING PTE LTD HYNERGY CORPORATION PTE. LTD. ILJIN ELECTRIC CO., LTD SINGAPORE BRANCH JIN CHOON CIVIL ENGINEERING PTE. LTD. LEY CHOON CONSTRUCTIONS AND ENGINEERING PTE LTD MR. BERG PTE. LTD. NECTRIC ENGINEERING PTE. LTD. SIGMA CABLE COMPANY (PRIVATE) LIMITED TECIVIL ENGINEERING PTE. LTD. VISTEK PTE. LTD. C CHIN KUAN ENGINEERING & CONTRACTORS PTE LTD HI POWER PTE. LTD. HYUNDAI ENGINEERING & CONSTRUCTION CO. LTD K.H. LEE ENGINEERING & CONSTRUCTION PTE LTD TEACLY (S) PTE. LTD. D LIANG & HOW CONTRACTOR PTE. LTD. LS CABLE & SYSTEM LTD SINGAPORE BRANCH SL LINK ENGINEERING PTE. LTD. UNITED ASPHALT PTE. LTD. E SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg Appendix 1 CPMS Quarterly Assessment Q1 FY25/26 CPMS Quarter Assessment Q1 FY25/26 (01 Apr 2025 – 30 Jun 2025) Results Q1 FY2526 CPMS Quarter Assessment 23 25 20 15 10 5 1 8 7 4 1 0 Grade A (≥90) Grade B (80 - 89) Grade C (70 - 79) Grade D (60 - 69) Grade E (50-59) Grade F (0-49) We have completed our first quarter for CPMS assessment based on the contracts that are CPMS applicable rendered to your respective company based on the following four (4) areas: (a) Safety; (b) Quality of Work; (c) Project & Risk Management; and (d) Value Added Services The contractors involved in CPMS with their respective grades are shown as below table. SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg Appendix 1 CPMS Quarter Assessment Q1 FY25/26 (01 Apr 2025 – 30 Jun 2025) Results The list of the contractors below is arranged in alphabetical order and not in any particular ranking sequence. Contractor Grade HUAT BENG ENGINEERING CONSTRUCTION PTE LTD A AVENUE ENGINEERING PTE LTD CHINA INTERNATIONAL WATER & ELECTRIC CORPORATION (S) PTE LTD CHUAN LIM CONSTRUCTION PTE LTD CITI CONSTRUCTION & ENGINEERING PTE. LTD. FURUKAWA ELECTRIC ENGINEERING SINGAPORE PTE LTD HAO DA PTE LTD HSC PIPELINE ENGINEERING PTE LTD J&CO ENGINEERING PTE. LTD. K.H. LEE ENGINEERING & CONSTRUCTION PTE LTD KEN-PAL (S) PTE. LTD. LEY CHOON CONSTRUCTIONS AND ENGINEERING PTE LTD LIANG & HOW CONTRACTOR PTE. LTD. LIH MING CONSTRUCTION PTE. LTD. LONG ZHOU ENGINEERING PTE. LTD. MACBUILD CONSTRUCTION PTE. LTD. NECTRIC ENGINEERING PTE. LTD. SAM LAIN EQUIPMENT SERVICES PTE LTD SANGEETH CONSTRUCTION PTE LTD SER CHUAN CONSTRUCTION PTE LTD SING TEC DEVELOPMENT PTE. LTD. TECIVIL ENGINEERING PTE. LTD. U GUAN CONSTRUCTION PTE. LTD. YUAN JI ENTERPRISES PTE LTD B SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg Appendix 1 Contractor Grade DOSK CONTRACT SERVICES PTE. LTD. HANAKO CONSTRUCTION PTE. LTD. LS CABLE & SYSTEM LTD SINGAPORE BRANCH MR. BERG PTE. LTD. SING & SAN CONSTRUCTION PTE LTD SL LINK ENGINEERING PTE. LTD. UNIGLORY CONSTRUCTION PTE LTD VISTEK PTE. LTD. C HI POWER PTE. LTD. HYUNDAI ENGINEERING & CONSTRUCTION CO. LTD ILJIN ELECTRIC CO., LTD SINGAPORE BRANCH POWERCOM ENGINEERING WORKS PTE. LTD. SIGMA CABLE COMPANY (PRIVATE) LIMITED TAIHAN CABLE & SOLUTION CO., LTD. TEACLY (S) PTE. LTD. D CHIN KUAN ENGINEERING & CONTRACTORS PTE LTD JIN CHOON CIVIL ENGINEERING PTE. LTD. UK ENGINEERING & CONSTRUCTION PTE. LTD. UNITED ASPHALT PTE. LTD. E HYNERGY CORPORATION PTE. LTD. F SP Group 2 Kallang Sector, Singapore 349277, www.spgroup.com.sg

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Energised to fly the SP flag high SUSTAINABILITY Leading a new unit, Investment Development within the Finance department, Ng Chun Jin is entrusted with accelerating new greenfield investments such as rooftop and utility solar, onshore wind, and district cooling projects. This is carried out in close collaboration with our overseas business teams, starting in China. Ng Chun Jin, Vice President of Investment Development at SP Group. Describing his new role, he explained, “Tapping on the knowledge and network of our in-market teams, we seek out greenfield investment opportunities, assess and shortlist transactions together and co-lead the investment process. Once the transactions are completed, our overseas colleagues will operationalise the projects.” Chun Jin’s career at SP Group started almost 20 years ago as a newly minted scholar under the then Management Associate programme, focused on financial and commercial work. He recalls fondly the opportunities to bond with colleagues in other functions, one of his favourite being the inter-subsidiary football competitions. During his first three years at SP, he was involved in the acquisition of TXU Australia unit, which forms part of the current SP’s Australia business. “It was one of the highlights of my career. After the acquisition process, we retained the regulated part of the business and sold the unregulated business entity, which was one of the top four players in the merchant power market, equivalent to Singapore’s Open Electricity Market.” He would call Australia his second home, shuttling back and forth every two weeks. Chun Jin went on to join a private equity fund, a first to move into the renewables space at that time. He also joined an international bank and led its renewable franchise in Asia Pacific. Drawn to the prospect to expand SP’s overseas footprint in China and Vietnam, Chun Jin rejoined SP on 1 November 2020. Last year, Chun Jin worked on the Vietnam market and also explored potential offshore wind turbine projects with established corporations, leaning on the experience he carried from his previous work in an European bank.   “Wind turbines generate more energy as compared to solar, and there is a growing demand for it as a renewable source in Vietnam.” Ng Chun Jin, Vice President of Investment Development in Finance, with Deputy Directors Jennifer Ong Phaik Ching (left) Seraphina Ho Songfang (centre) at a team bonding session. On his return to SP, he quipped, “It’s an exciting time to chart the next lap of international growth which is totally aligned with my personal interests. In the past, I worked a lot with overseas companies. This time, it’s time to fly the Singapore and SP flag high!” Chun Jin looks forward to meeting his football kakis again but in the meantime, turns to running and online Chinese chess to unwind. TAGS SUSTAINABILITY YOU MIGHT BE INTERESTED TO READ SP Group partners KBC to study and develop Vietnam's first district cooling system for industrial parks SP Group launches Singapore’s first EV fast charging hub in a HDB carpark in Tengah DSTA appoints SP Group to roll out smart utilities management system across Singapore's defence facilities

B4 HOME | THE STRAITS TIMES | THURSDAY, JANUARY 10, 2019 | SP Group launches e-car charging points First batch of 38 points at eight sites near food centres; firm aims to roll out 1,000 by 2020 Christopher Tan Senior Transport Correspondent Energy provider SP Group has rolled out its first batch of electric vehicle charging points, in time for ride-hailing firm Grab to plug into a fleet of electric cars. The 38 points – 19 43 kilowatt (kw) alternate current (AC) chargers and 19 50kw direct current (DC) chargers – are able to power up a mid-sized electric car within an hour, compared with six to eight hours via household chargers. SP said yesterday the points are at eight locations across the island, with all sited near food centres to allow drivers to take a break while their cars are being juiced up. They are the first of 1,000 charging points SP aims to launch by 2020. About one-quarter of the total will be DC chargers. Users can locate and access available charging points via the SP app, which can be downloaded from the iTunes App Store and Google Play. The app alerts users when charging is completed, and facilitates payment via DBS and POSB cards. Other cards will be included soon, SP said. The AC system will charge a midsized car in 45 to 60 minutes, while the DC charger will do so within half an hour or so. SP said it plans to introduce 350kw chargers, which can provide a full charge in about 15 minutes, “over the next few years”. Currently, rates are 41.4 and 47.3 cents per kilowatt hour for its AC and DC chargers, respectively. At these rates, SP said drivers will see at least 50 per cent cost savings compared with those who drive comparable petrol-powered models. But The Straits Times understands Grab will have discounted rates for drivers of its electric fleet. The company is expected to take delivery of 20 Hyundai Kona Electric crossovers this month. These cars – with a range in excess of 400km on a full charge – are part of 200 units Grab has ordered. The ride-hailing firm announced last August that it would introduce the cars as part of a partnership with SP Group. When contacted, Hyundai agent Komoco would only say it had sold some Kona Electric cars to Grab and ComfortDelGro. It will unveil the car at the Singapore Motorshow today. With seven new battery-powered models due to be launched here this year, the percentage of electric cars is set to rise from its currently negligible share of less than 0.1 per cent. But industry watchers said consumers – the vast majority of whom live in high-rises – will consider switching only when a sizeable public charging network is in place. SP Group chief executive Wong Kim Yin said SP’s charging network will “encourage a wider adoption of green mobility in Singapore, and enable drivers to save”. christan@sph.com.sg SCAN TO WATCH How to use SP Group’s electric vehicle charging point. http://str.sg/charge SP Group’s high-speed electric vehicle charging points, consisting of 19 43kilowatt (kw) alternate current chargers and 19 50kw direct current chargers, are able to charge a mid-sized electric car within an hour. ST PHOTO: CHRISTOPHER TAN Source: The Straits Times © Singapore Press Holdings Limited. Permission required for reproduction.

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

Fast electric vehicle charging at four Caltex stations SAMUEL DEVARAJ Four Caltex service stations will soon offer fast electric vehicle charging, in a partnership between SP Group and Chevron Singapore, which markets the Caltex brand. The 50kW direct current fast chargers that will be installed at these stations by the second quarter of this year will be able to charge up an electric vehicle in 30 minutes, SP and Chevron said in a joint press release yesterday. This is compared with the few hours required by the more commonly available alternating current chargers. Three stations – in Chong Pang, Jurong Spring and Dunearn – will each be equipped with one fast charger. The fourth, in Changi, will have two 50kW direct current charging points that are designed to allow a compatible car to charge up to a speed of 100kW, provided only one car is utilising the charging points. REAL-TIME UPDATES The chargers will also be incorporated on the SP Utilities mobile app, which allows electric vehicle drivers to search for the availability of the nearest charging points, receive realtime updates on their charging sessions and make direct, cashless payment. Three Caltex service stations will each be equipped with one fast charger while a fourth will have two 50kW direct current charging points. TNP PHOTO: LIM YAOHUI SP and Chevron said they will be studying electric vehicle charging usage patterns and behaviour at the stations to refine and enhance accessibility and utilisation, and plan for more charging points and locations. Group chief executive officer of SP Stanley Huang said: “We are pleased to partner Caltex in our first collaboration with a fuel and lubricant retailer. “This gives electric vehicle drivers greater convenience as it accelerates the accessibility of charging locations that are incorporated in our daily activities. “ Our aim is to build Singapore’s largest public electric vehicle charging network and expand our integrated green mobility solutions to meet the evolving needs and sustainability goals of businesses and individuals.” samuelsd@sph.com.sg

Consumption_Elect Average consumption of Electricity (kWh) Premises Types Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 HDB 1-Room 119 128 136 150 143 150 136 136 144 127 124 119 HDB 2-Room 156 169 181 195 190 195 177 177 188 164 165 158 HDB 3-Room 231 250 265 284 273 280 257 259 271 242 239 231 HDB 4-Room 309 341 363 390 381 388 358 355 377 334 330 322 HDB 5-Room 359 399 425 457 450 459 423 417 444 392 386 378 HDB Executive 445 495 522 562 554 562 520 513 546 478 472 462 Apartment 417 476 516 548 536 541 513 501 538 500 451 429 Terrace 714 775 823 881 848 866 817 818 836 785 734 735 Semi-Detached 960 1,031 1,080 1,173 1,123 1,121 1,072 1,056 1,107 1,016 951 940 Bungalow 1,904 2,016 2,154 2,244 2,175 2,168 2,190 2,074 2,202 2,040 1,950 1,863 Note: The figures exclude electricity consumption for PAYU customers and customers who are not purchasing electricity at the regulated tariff.