APPLICATION FOR DE-ENERGISATION / RE-ENERGISATION (ADRE) Licensed Installation No Service No Voltage Name of Installation: Address of Installation: Requested De-energisation Requested Re-energisation Date: Time: Date: Time: Contestable Customer: #Name of Customer: #MSS A/C No: #Name of Retailer Tax Invoice/Receipt will be sent to this email: Name: Address: Tax invoice will not be provided unless requested. To: Click here to view DN1-DN6 Boundary Map 1 I, the undersigned LEW for the above installation, wish to apply for a *de-energisation/reenergisation at the time stated above. My work, after the de-energisation, will involve the following: Routine Servicing Others (Please specify): 2 * I / or __________________________ (Name / Licence No of appointee approved by Regulation Division of EMA) will attend to the *de-energisation / re-energisation PERSONALLY. 3 I understand that: - (a) No work is to be carried out on the service cable until both SPPG officer and myself have signed the SDRE (“Statement for De-energisation and Re-energisation”) after we have safely isolated the service cable at both ends. (b) I am required to be on time on the approved date of de-energisation or re-energisation, failing which the SPPG officer may cancel any appointment made. Signature: Name: Licence No: Notes: Telephone / HP No.: Date: Grade: (a) All requested date and time are subject to SPPG’s approval. (b) This form shall reach SPPG 7 business days before the requested date. (c) For urgent work on Sundays / Public Holidays and after office hours, LEW is required to co-ordinate with SPPG personally. (d) All ADRE charges are to be made prior to the shutdown date and proof of payment are to be submitted to the SPPG site officer of respective section. (e) * Delete whichever not applicable. (f) # To be filled in for contestable customer DN1 (22kV/6.6kV/LV) Tel: 6916 5728 Email: dn1adre@spgroup.com.sg DN2 (22kV/6.6kV/LV) Tel: 6916 5635 Email: dn2adre@spgroup.com.sg DN3 (22kV/6.6kV/LV) Tel: 6916 5398 Email: dn3adre@spgroup.com.sg DN4(22kV/6.6kV/LV) Tel: 6916 5048 Email: dn4adre@spgroup.com.sg DN5 (22kV/6.6kV/LV) Tel: 6916 5717/ 5015 Email: dn5adre@spgroup.com.sg DN6 (22kV/6.6kV/LV) Tel: 6916 7472 Email: dn6adre@spgroup.com.sg RNE (66kV) Tel: 6916 5226 Email: puiyee@spgroup.com.sg RNW (66kV) Tel: 6916 5253 Email: syafikah@spgroup.com.sg CPE (22kV/6.6kV/LV) Tel: 6916 7920 Email: cpe@spgroup.com.sg CPW (22kV/6.6kV/LV) Tel: 6916 5020 Email: cpwest@spgroup.com.sg DP I (22kV/6.6kV) Tel: 6916 6487 Email: bengchoong@spgroup.com.sg DP II (22kV/6.6kV) Tel: 6916 6423 Email: marina@spgroup.com.sg DP III (22kV/6.6kV) Tel: 6916 6968 Email: weiliching@spgroup.com.sg EHVN(230kV&400kV)Tel: 6916 5488 Email: neohuili@spgroup.com.sg NRP ( 22kV/6.6kV/LV)Tel: 6916 7640 Email: simpeiyun@spgroup.com.sg Version - April 2025 SP Powergrid Ltd, 2 Kallang Sector, Singapore 349277, Co. Registration No. 200306959Z FOR OFFICIAL USE Date: To: Number of pages including this sheet: From: Tel: Hp: Tel: Fax: Fax: APPLICATION FOR DE-ENERGISATION/RE-ENERGISATION AT 1 I am pleased to inform you that your application is acceptable to us. The officer-in-charge of the deenergisation/re-energisation on is who can be contacted at . Should you have any difficulty in con tacting our officer, you may call our service hotline at 1800-778-8888. 2 This service is free of charge. The total fee payable is $ /-(inclusive of GST) . Please make payment via internet banking. The reference number is Please include the given reference number in your internet banking transfer. 3 LEWs are reminded to submit duly completed CS1 application form via SP eBusiness Portal and apply turn-on appointment via largeinstall@spgroup.com.sg before carry out switchboard replacement work. Yours Faithfully, SPPA UOB bank details: Bank Name: United Overseas Bank Ltd Bank Account number: 4513029777 Bank Address: 80 Raffles Place, UOB Plaza1, Singapore 048624 Bank code: 7375. Branch Code: 001. Swift Code: UOVBSGSG. For HEAD OF SECTION SP PowerGrid Limited as agent for and on behalf of SP PowerAssets Limited : HOS – FYI SP Services Limited, Attn:Meter_Config - Please attend. Version - April 2025

news Electric cars to get 500 charging points by 2020 SP Group to build Singapore’s largest public electric vehicle charging network ADRIAN LIM, TRANSPORT CORRESPONDENT Energy utilities provider SP Group plans to build 500 charging points for electric vehicles islandwide by 2020. The points will be placed at housing estates, shopping malls, industrial sites and business parks, the firm announced yesterday. While other companies such as Greenlots, Red Dot Power and BlueSG are already in the market, SP Group said its network will be the largest one fully accessible to the public. More than 100 of the charging points will be of the direct current type with a 50 kilowatt power rating that can fully charge a vehicle in as little as 30 minutes. SP Group said there are fewer than five direct current charging points here now. Most points use alternating current, and a lower 7.4kw rating, which takes the car about seven times longer to be fully charged. An app will allow motorists to pay for charging electronically while also getting updates on the availability of charging points. Details on pricing will be disclosed closer to the end of the year, when SP Group sets up its first 30 charging points. These will be a mix of the alternating current and direct current types. There were 592 electric and plug-in hybrid cars on the road here as at the end of last month, about 0.1 per cent of the total car population of 613,383. There are SP Group says its network will be fully accessible to the public. TNP PHOTO: KEVIN LIM also 31 electric-powered goods and commercial vehicles. “There is a chicken-and-egg conundrum when it comes to electric vehicle adoption... Many prospective drivers are concerned about the lack of a pervasive charging network,” said Mr Goh Chee Kiong, head of strategic development at SP Group. He added that some have “range anxiety” – the fear that the electric vehicle will run out of battery power in the middle of a journey. Owners tend to install their own charging points if they live in landed properties or get their condominium management to have stations set up, said Mr Terence Siew, president of the Electric Vehicle Association of Singapore. There are 30 condos with charging points. There will be more public choices available down the road. Charging infrastructure specialist Greenlots operates 16 publicly accessible charging stations, with aims to lift that to 50 by the end of this year. Electricity retailer Red Dot Power announced a partnership in February with PlugIT, a Finnish charging technology specialist, to install at least 50 charging stations by the end of next year. BlueSG, which runs an electric vehicle-sharing programme, aims to build 2,000 charging points by 2020, and make 400 of them available to the public. Electric vehicles generally cost more than comparable combustion engine cars, but Mr Siew said this will change as battery prices drop with mass production and economies of scale. “Electric vehicles will be cost competitive with normal cars,” he added. adrianl@sph.com.sg

Media Release Electricity Tariff Revision For The Period 1 January To 31 March 2016 For the period from 1 Jan to 31 Mar 2016, electricity tariffs will decrease by an average of 4.2% or 0.85 cent per kWh compared to the previous quarter. The tariff reduction is due to the lower cost of natural gas for electricity generation which fell by 8.9% compared to 4Q 2015. For households, the electricity tariff will decrease from 20.35 to 19.50 cents per kWh for 1 Jan to 31 Mar 2016. The average monthly electricity bill for families living in four-room HDB flats will decrease by $3.55 SP Services reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator. The tariffs given in Appendix 1 have been approved by the EMA. Issued by: SP Group 2 Kallang Sector Singapore 349277 www.spgroup.com.sg Appendix 1 ELECTRICITY TARIFFS FROM 1 JAN 2016 Appendix 2 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 power generation. Network costs (paid to SP PowerAssets): This fee is reviewed annually. Market Support Services Fee (paid to SP Services): This fee is reviewed annually. 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 2016 TARIF Appendix 3 AVERAGE MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS (TARIFF WEF 1 JANUARY 2016)

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

Utility Bill Avg_With Gas Utility Bill Average ($) for households with gas Premises Types Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 HDB 1-Room 80.39 77.86 77.18 78.99 81.28 87.54 87.29 84.83 81.86 87.86 87.69 83.11 HDB 2-Room 94.79 90.73 89.63 91.78 94.78 103.49 102.84 98.53 96.07 102.96 101.39 96.90 HDB 3-Room 118.49 112.22 112.11 115.94 120.33 132.29 128.10 124.29 121.74 129.94 128.83 123.83 HDB 4-Room 140.04 133.47 131.31 137.04 142.66 156.01 153.34 147.42 143.11 152.92 152.86 146.17 HDB 5-Room 148.87 141.61 136.79 144.16 151.97 165.19 162.85 156.27 149.96 161.67 162.41 156.08 HDB Executive 164.43 154.00 153.21 160.98 168.72 184.59 180.19 172.48 168.80 178.86 180.50 172.04 Apartment 177.46 164.16 156.19 163.04 179.66 198.71 191.52 184.01 175.50 181.94 191.11 186.36 Terrace 276.46 260.00 252.25 270.34 290.38 311.38 286.03 283.33 283.80 289.68 301.49 291.00 Semi-Detached 349.78 325.65 324.20 335.52 370.67 392.95 372.29 354.71 361.00 367.73 385.46 366.17 Bungalow 699.45 627.26 650.18 619.13 718.02 776.44 731.30 675.72 711.32 685.95 762.28 719.32 Note: The figures exclude electricity charges for PAYU customers and customers who are not purchasing electricity at the regulated tariff. Utility Bill Avg_WO Gas Utility Bill Average ($) for households without gas Premises Types Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 HDB 1-Room 71.86 69.16 67.69 69.30 71.92 78.05 78.52 76.28 73.55 78.77 78.62 74.36 HDB 2-Room 85.94 81.99 80.46 82.23 85.21 93.42 93.59 89.84 87.41 93.80 92.26 88.22 HDB 3-Room 106.15 100.27 99.66 102.84 107.06 118.11 115.38 112.09 109.70 116.95 115.78 111.35 HDB 4-Room 124.99 118.78 116.20 120.97 126.03 138.53 137.64 132.74 128.46 137.02 136.76 130.76 HDB 5-Room 132.27 125.43 120.56 126.60 133.43 145.81 145.63 140.07 134.00 144.16 144.59 138.87 HDB Executive 146.81 137.03 135.88 142.35 149.14 163.91 161.79 155.45 151.54 160.36 161.59 153.95 Apartment 156.79 144.07 135.03 140.09 155.96 175.31 171.33 164.80 156.02 161.06 169.18 164.23 Terrace 251.12 235.05 227.31 243.21 259.98 282.50 262.69 259.01 258.83 264.59 274.69 263.93 Semi-Detached 319.99 297.18 295.56 305.12 337.24 359.90 342.81 328.12 331.78 338.46 354.82 336.52 Bungalow 650.72 578.80 597.47 570.77 662.48 717.39 678.65 633.29 661.40 638.62 711.71 667.03 Note: The figures exclude electricity charges for PAYU customers and customers who are not purchasing electricity at the regulated tariff.

Tugas pasti kesihatan grid kuasa ibarat seorang ‘jururawat’ UMPAMA SEORANG JURURAWAT: Pegawai Teknikal pasukan Rangkaian Transmisi SP PowerGrid dilihat sedang melaksanakan “pemeriksaan kesihatan” terhadap salah satu peralatan kuasa elektrik SP. – FOTO SP IBARAT seorang jururawat. Begitulah tugas yang digalas Pegawai Teknikal, Encik Ameerul Mueminiin Abdu Rahman di Singapore Power (SP) demi memastikan kesihatan grid kuasa tempatan terus beroperasi dengan lancar. Biarpun begitu, bapa seorang anak berusia 39 tahun itu berkata, pekerjaannya di Rangkaian Transmisi SP PowerGrid itu cukup memuaskan kerana ia menawarkan banyak peluang termasuk membolehkannya melanjutkan pengajian di peringkat lebih tinggi. Encik Ameerul berkata pekerjaannya yang melibatkan pemeriksaan dan penyelenggaraan grid kuasa elektrik setempat umpama seorang pekerja penjagaan kesihatan bagi memastikan sistem tenaga itu sentiasa sihat dan dapat menyalurkan kuasa elektrik kepada rumah penduduk setempat. “Dengan berbuat demikian, kami boleh menjangkakan kerosakan yang bakal berlaku pada peralatan grid kuasa dan selepas itu kami dapat menjalakan tugas cegah kerosakan secara terlebih dahulu,” katanya. Salah satu projek besar yang dilakukan Encik Ameerul adalah usaha penyelenggaraan alat switchgear di pencawang Labrador. Switchgear merupakan komponen penting bagi memastikan tenaga elektrik disalurkan dengan lancar. “Tidak kira komponen peralatan itu kecil atau pun besar, kami tetap melaksanakan tugas dalam membersih, mengganti dan memastikan alat itu baik untuk digunakan,” tambahnya lagi. Biarpun pekerjaannya memerlukan banyak tenaga dan pengorbanan sekiranya perlu memperbaiki peralatan secara tiba-tiba, Encik Ameerul sentiasa terkenang sifat rajin arwah ayahnya dahulu yang bekerja dalam cabang Operasi Gas Kumpulan SP. “Oleh kerana ibu bapa saya telah berpisah, saya sering bertemu dengan ayah ketika beliau berada di tapak pekerjaan. Di situ saya tertarik dengan cara beliau melakukan pekerjaan, dengan rajin dan jujur dan telah menjalin hubungan rapat dengan para kontraktor di bawah kepimpinannya. “Ayah sayalah yang menggalakkan saya untuk bekerja di SP dan sejak itu saya tidak pernah memandang ke belakang.” Encik Ameerul mula bekerja di SP tujuh bulan selepas beliau menghabiskan Perkhidmatan Negara (NS) pada 2012 kerana ingin mengikut jejak arwah ayahnya itu. Beliau menerima tajaan SP untuk menjalani Higher Nitec dan Politeknik. Kededuanya mengambil masa lima tahun. Tempoh yang dilaluinya itu merupakan tempoh yang paling sukar kerana genap pada jam enam petang, rakan sekerja pulang ke rumah manakala beliau perlu bergegas mengikuti kuliah. Namun pengorbanan itu terbukti berbaloi setelah beliau memperolehi Diploma Kejuruteraan Elektrik dan Elektronik pada 2017 dan menjadi seorang Pegawai Teknikal setahun kemudian. “Dahulu saya mengusik ayah saya bahawa pekerjaannya mudah sekali. Namun sekarang, saya sedar betapa beratnya tanggungjawab yang perlu dipikul menjaga grid kuasa elektrik itu. “Cabaran yang saya hadapi sejauh ini merupakan sebahagian daripada pekerjaan saya, daripada dikejutkan pada tengah malam untuk menyelesaikan masalah di pencawang dan mencari puncanya, saya mengambil ini sebagai pengalaman pembelajaran buat pengembangan diri saya sendiri,” jelas beliau lagi.

08 July 2016 For Immediate Release MEDIA RELEASE ADVISORY ON SCAM CALLS 1. SP Services has been alerted by some of its customers that they have received phone calls, claiming that the customers’ utilities accounts are in arrears or that their electricity meters require change. They have been asked to make payments to a designated bank account. 2. These calls are not from SP Services. Recipients should ignore these requests. 3. SP Services has made a police report on this scam. 4. For enquiries, please contact SP Services at 1800 222 2333 or email spservices@singaporepower.com.sg _______________________________________________________________________________________________________ Issued by: SP Services Limited 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 117438 Co. Reg No : 199504470N www.spservices.com.sg

Singapore Institute of Power and Gas Installation and Commissioning of Distribution Switchgear Course Code: ESG08 SFC-Eligible | Course Reference Number: TGS-2022012387 COURSE OBJECTIVES Upon completion of this course, participants will be able to: • Describe the construction of a Distribution Switchgear • Explain the necessary safety measures to be put in place during installation and commissioning of Distribution Switchgear • Describe the process of installing and commissioning of Distribution Switchgear • Perform the various tests and checks for Distribution Switchgear MAIN CONTENTS Theory • Safety aspects on installation and commissioning of Distribution Switchgear • Construction of a Switchgear • Functions of auxiliary equipment • Operation of relays and setting of relays • Switchgear Panel naming convention • Pre-installation procedure for Switchgear and auxiliary equipment on site • Installation of Switchgear and auxiliary equipment on site • Pre-commission Tests for Distribution Switchgear • Commissioning test and check for Distribution Switchgear • Project closing Practical • Perform pre-commission test for Distribution Switchgear • Perform Switchgear operation • Preparation of commissioning diagram METHODOLOGY Lecture and hands-on training TARGET AUDIENCE Engineering and technical staff involved in the installation, commissioning, operation and maintenance of distribution switchgear COURSE DETAILS Duration : 10.5 hours Mode of Delivery : Face-to-face Certification : SIPG Certificate of Completion PDU by PE Board : 9 Additional Requirement/s : Personal Protection Equipment (PPE) must be worn during practical session. PPE includes: • Safety Shoes • Safety Helmet • Fire Retardant Clothing (FRC) Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 3.1_0922 Singapore Institute of Power and Gas COURSE FEES Full Course Fee : S$1,050 (before GST) For Singapore Citizens/PR/LTVP+* : S$315 (before GST) For Singapore Citizens (40 years old and above) ADDITIONAL REMARKS : S$105 (before GST) • Trainee must attain at least 75% attendance rate and pass the assessment to receive Certificate of Completion and funding grant (if applicable). • Subsidy of up to 70% is applicable for Singapore Citizens, Permanent Residents or Long-Term Visitor Pass Plus (LTVP+) Holders, subject to funding agency’s approval. • Enhanced subsidy of up to 90% is applicable for Singapore Citizens aged 40 years and above, subject to funding agency’s approval. Note that GST payable will be computed from fee after 70% funding. • Professional Development Unit (PDU) is applicable for Professional Engineers registered under the Professional Engineers (PE) Board only. • All published fees are subject to prevailing GST. CONTACT US For more information, please contact SIPG at +65 6916 7930 or email training-institute@spgroup.com.sg. OTHER SIPG COURSES For more courses, visit our website at: https://www.spgroup.com.sg/about-us/training or Scan the QR code below: Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 3.1_0922

S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION | businesstimes.com.sg | fb.com/thebusinesstimes | @BusinessTimes | CO REGN NO 198402868E | MCI (P) 037/12/2016 Tuesday, June 27, 2017 STAVING OFF CYBERATTACKS Cost of data breach down 10% globally, says study TOP STORIES/ 2 BEYOND BITCOINS Cryptocurrencies: A BT Infographics insight TOP STORIES/ 2 LEE FAMILY DISPUTE Indranee Rajah sees 4 options for 38, Oxley Road TOP STORIES/ 6 TAKING ON THE BIG PLAYERS Local beauty brands take on the world SME/ 26 MARKETS Monday Change STI Closed – KL COMP Closed – NIKKEI 225 20,153.35 +20.68 HANG SENG 25,871.89 +201.84 SHENZHEN B 1,144.59 +12.48 DOW (11.45am EDT) 21,444.08 +49.32 ❚❚ DAILY DIGEST Royal Dutch Shell aims to be a leader in clean energy and sees an opportunity in using its global presence and established brand to scale up the new energies business quickly as and when. TOP STORIES / 4 Keppel Land China and Alpha Investment Partners have tied up with a co-investor to acquire an office and retail mixed-used development, SOHO Hongkou in Shanghai, China, for some US$525 million. COMPANIES & MARKETS / 8 Newly qualified New Zealand carpenters are commanding six-figure salaries and construction costs have risen by half in under three years, symptoms of an unprecedented building boom straining the nation’s much-envied economy. REAL ESTATE / 11 A hastily-assembled group of investors looks set to win the bid for Toshiba Corp’s prized memory chip business, but a lack of clear leadership or industry clout is raising questions about who will take tough decisions about strategy and investment. TECHNOLOGY / 16 Activist investor Daniel Loeb’s Third Point LLC on Sunday unveiled a stake of more than one per cent in Nestle SA and urged the world’s largest packaged foods maker to improve its margins, buy back stock and shed non-core businesses. GOVT & ECONOMY / 20 Takata Corp filed for bankruptcy protection in the biggest postwar Japanese corporate failure in the manufacturing industry, as the 84-year-old company buckled under liabilities from millions of recalled air bags that have been linked to more than a dozen deaths. TRANSPORT / 21 Disruption looms for property sector as technology investments mount US$6b in venture capital pumped into “proptech” since 2011; 2017 proptech financing expected to hit US$3b By Lee Meixian leemx@sph.com.sg @LeeMeixianBT By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore REAL ESTATE has been a spectator to technology disruption for years, but all that could be changing as the traditionally tech-laggard sector moves into the epicentre of a technology revolution. Some say it is a new generation of managers and executives, digital natives themselves, who are driving the change. Regardless, a new term has been coined to describe this phenomenon: “proptech” – the real estate version of “fintech”. This leveraging of technology to improve property services ranges from an increased use of big data to the introduction of a distributed database such as blockchain technology, to even inventions such as robot receptionists. At a recent proptech panel discussion hosted at the Tech in Asia Singapore conference, JLL Asia Pacific CEO Anthony Couse said: “The next five years is critical to anyone in the real estate sector, whether you are a service provider, or in the world of developing or investing in real estate.” Singapore Disruptproperty.com lists about 33 proptech companies in Singapore, ranging from property search engines, to asset management companies, crowdfunding websites, smart building firms, market research companies, augmented reality service providers and video analytics solution providers to track human traffic in retail malls. According to CB Insights, a venture capital database, the volume of proptech financing globally has been on a steady increase, rising 36 per cent year on year to US$2.7 billion in 2016, and projected to increase another 10 per cent in 2017 to US$3 billion. Of the approximately US$6 billion in venture capital that has been invested in proptech since 2011, about 70 per cent was in the last two years. Those in the industry see opportunities for more investment in the sector. In an interview with The Business Times, Robert Courteau, CEO of Altus Group, a software and data company for real estate, said: “What’s fascinating to me is how little has been spent on technology in this industry when I look at the spectrum of things that AS WAVE after wave of disruption buffets the power sector, grid operator SP Group is taking steps to turn itself into the industry’s “Uber”: In time to come, it sees itself providing a platform that matches the supply and demand of power, especially as power generation becomes a fragmented and distributed business. At the heart of this transformation is the desire to stay relevant to the Singapore consumer, particularly as the progressive liberalisation of Singapore’s electricity market will lead to a fully open market by mid-2018. SP Group – formerly known as Singapore Power Ltd – owns and operates electricity and gas transmission networks in Singapore and Australia. The group, fully-owned by Temasek Holdings, made S$923.5 million in net profit last year, on revenue of S$3.9 billion. In an interview with The Business Times, group chief executive Wong Kim Yin said that while every industry is being disrupted, the power market is undergoing multiple dimensions of such changes. Besides digital transformations, the industry also has had to face rapid technological advances in renewables and battery storage. “For the longest time, you cannot store electricity, or rather you cannot store it cheaply or efficiently. But increasingly that is changing,” he said. “And the moment you can store power, it changes how power will be delivered or consumed.” On top of these, consumers are now demanding sustainability. In order to stay true to its mission of enhancing the quality of life for Singaporeans, the group therefore SP Group poised to transform into ‘power sector’s Uber’ CEO says the moment electricity can be stored, it changes how power will be delivered or consumed Growing investor interest 2013 to Q1 2017 ■ Disclosed funding (US$ million) Deals 114 $451 186 $1,159 250 $1,991 2013 2014 2015 2016 2017 has to start building capabilities that will allow for the types of life Singaporeans may want to lead in 30 years, said Mr Wong. To do so, the group has adopted a three-pronged strategy: to be exposed to the latest technologies and ideas in the industry; to test promising ideas, and to have the capability to handle proven technologies. Under the first prong, the group in January this year partnered seven other utilities around the world to launch a global accelerator programme. Called Free Electrons, the programme supports startups developing solutions in areas such as clean energy, energy efficiency and mobility, digitisation, and on-demand customer services. SP Group has also put money in funds, including the Europe-based Environmental Technologies Fund which invests in clean technologies and greentech sectors. “By getting involved in these, we get exposed to all the ideas that people have come up 277 $2,698 247 (Full year projection) $2,973 (Full year projection) 61 $733 Source: CB Insights are important to real estate – from funding, to joint-venture development, to partnerships, to construction planning, to cost monitoring, to leasing, to the crowdsourcing of data, to liquidity, to things like daily valuation . . . If you go across that spectrum, every one of those has an opportunity for improvement in real estate.” Increasingly, he noted that there are venture capital companies that are solely focused on funding proptech startups. “Three years ago, there was no such thing. Now you have venture capital firms whose focus is all on real estate, and I think we will see more of that.” One major theme of fintech that has migrated to proptech is the use of blockchain. There are two main uses of it in the property sector. The first allows for the decentralising of transactions and removing of middlemen such as brokers, land title offices, and conveyance law firms. with,” Mr Wong explained. “We also have the opportunity to work with the entrepreneurs and to invest into them if those are things relevant to us.” A technology of interest to SP Group is blockchain, a decentralised and distributed digital ledger used to record data across many computers. This will be useful in the future energy world – one that is expected to be more distributed in nature with consumers also having the means to Property information such as ownership details, addresses, maintenance and repair history, et cetera, is recorded on the immutable digital ledger, such that home buyers and sellers can enter into “smart contracts” – digital contracts that automate the offline functions presently handled by agents, lawyers and banks. This also makes transactions cheaper and quicker. But Mr Couse said that for this to fully work, it requires the buy-in of the government. The “holy grail” of transacting online is to find a solution that will allow an end-to-end transaction with no break in the process. “If we can crack that and convince governments to completely digitise titles and ownership, then we can have end-to-end transactions and that’s really the end of the agent. “But just like fintech hasn’t removed the traditional banker, this hasn’t really happened. It’s still early days in the property sector, but the manual aspect of real estate is really going to go with automation.” There are early attempts to implement this in Singapore. For instance, peer-to-peer real estate start-up Averspace has launched blockchain-enabled house rentals on its mobile app. Continued on Page 2 SP Group chief executive Wong Kim Yin: “For the longest time, you cannot store electricity, or rather you cannot store it cheaply or efficiently. But increasingly that is changing.” PHOTO: KELVIN CHNG generate power using renewables or batteries, said Mr Wong. “Blockchain could potentially be a solution that will enable that distributed transaction to be done between someone who owns a battery and someone who owns a solar panel or even demand management...” Continued on Page 4 ☛ Shell aims to ride branding, global clout in clean energy race, Page 4 ☛ Electric vehicles compel change in grid operators and oil firms, Pg 4

News Release Singapore Power Successfully Concludes Australian Transactions With State Grid 3 January 2014 - Singapore Power International Pte Ltd (SPI), a subsidiary of Singapore Power Ltd (SP), today concluded two landmark transactions with State Grid International Development Limited (SGID), a subsidiary of State Grid Corporation of China (SGCC). In one transaction, SPI has sold to SGID a 60% shareholding in its wholly owned subsidiary, SPI (Australia) Assets Pty Ltd (SPIAA). In another transaction, SGID has acquired from SPI a 19.9% security holding in SP AusNet. SPI will continue to hold 31.1% in SP AusNet. Australia continues to be a strategic focus for SP, through SPI’s remaining 40% interest in SPIAA and 31.1% security interest in SP AusNet. SP remains a committed long-term investor in the Australian electricity and gas transmission and distribution network businesses to deliver a safe and reliable energy supply to consumers in Australia. In partnering SGID, a major consideration for SPI is SGID’s significant capability and strong operational track record. Commenting on the transactions, SP’s Group Chief Executive Officer, Mr Wong Kim Yin, said: “Singapore Power is very pleased with the successful completion of the transactions. I am confident that with the strong support from SGCC and SP, the Australian businesses will be well-positioned for further opportunity and growth. This outcome has also affirmed Australia’s strong support for businesses and foreign investments.” Credit Suisse and Lazard acted as joint financial advisors to SPI. Herbert Smith Freehills and Allen & Gledhill acted as legal counsels to SPI. About Singapore Power Ltd and Singapore Power International Pte Ltd SPI is an investment holding company for Singapore Power (SP), a leading energy utility company in the Asia Pacific. SP owns and operates electricity and gas transmission and distribution businesses in Singapore and in Australia, primarily in Victoria, New South Wales and Queensland. More than 1.4 million industrial, commercial and residential customers in Singapore benefit from SP’s world-class electricity and gas transmission and distribution, and market support services. Singapore has one of the fewest and shortest power outages of cities worldwide, as rated by international industry indices. In Australia, the SP Group serves 2.8 million customers through wholly-owned SPIAA, a diversified energy utility company and 51 per cent owned SP AusNet, which is publicly listed on the Australian and Singapore Stock Exchanges. As one of Singapore’s largest corporations, SP recorded revenue of S$8.97 billion and assets of S$34.5 billion for the year ended 31 March 2013. Issued by: Singapore Power Limited                  10 Pasir Panjang Road #03-01                  Mapletree Business City                  Singapore 117438                  Co. Reg No : 199406577N                  www.singaporepower.com.sg

Consumption_Elect Average consumption of Electricity (kWh) Premises Types Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 HDB 1-Room 126 126 132 150 152 149 140 151 148 139 142 128 HDB 2-Room 164 167 173 199 199 195 183 198 192 183 186 166 HDB 3-Room 236 241 250 292 285 277 264 283 277 266 266 243 HDB 4-Room 321 330 342 398 396 383 360 385 381 363 365 338 HDB 5-Room 367 381 399 463 466 448 416 447 446 427 429 397 HDB Executive 456 474 489 575 568 544 515 546 548 520 523 481 Apartment 430 435 486 578 573 543 500 513 539 523 519 486 Terrace 740 794 821 957 900 872 838 847 885 851 851 785 Semi-Detached 1,019 1,038 1,109 1,254 1,224 1,170 1,128 1,126 1,168 1,137 1,141 1,056 Bungalow 2,106 1,951 2,146 2,432 2,360 2,266 2,220 2,121 2,347 2,192 2,190 2,012 Note: The figures exclude electricity consumption for PAYU customers and customers who are not purchasing electricity at the regulated tariff.

SP Group donates S$1m to Community Chest � THU, JUN 24, 2021 - 5:50 AM | UPDATED THU, JUN 24, 2021 - 5:50 AM SAMANTHA HEO � samheo@sph.com.sg Above: Shari ah Dayana and Andri Panusunan Sagala with their sons, three-year-old Rumi (2nd from left) and one-year old Aria. PHOTO: SP GROUP Singapore SP GROUP (SP) donated S$1 million to Community Chest to kickstart an initiative supporting children from low-income families on Wednesd The initiative, called SP Kids at Heart, will bene t about 2,000 KidSTART children for a year and provide them with educational tools, books a Mohd Hassan Marican, chairman of SP said: "We are expanding our community outreach to help children, who are the future of Singapore." The initiative will complement SP's existing programmes for seniors through the SP Heartware Fund. "Through SP Kids at Heart, we can give them the best possible start in their formative years," he added. Community Chest which will also put the donation towards other electronic devices such as Internet routers and tablets in these learning an development packs. SP said in a press release that it will provide additional grocery vouchers, nancial assistance packages, and other tools and equipment that create more conducive home learning environments for bene ciaries. Minister for Social and Family Development, Masagos Zulki i, said: "SP has shown us how corporates can play their part in building a society opportunities together even amid a pandemic." Mr Masagos is also the chairman of the Growing Together with KidSTART Council. SP will tap into its pool of sta volunteers, known as SP Heart Workers, to assemble, deliver and install the packages for families. They will also produce instructional videos, or engage in on-site activities with bene ciaries when social restrictions lift. SP GROUP CSR