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Investor Presentaiton

Business Updates - Energy and Waste & Water Operational Cash Flows (OCF) ($m) Energy 11% 46.1 41.7 • • 31% 24.5 18.7 Keppel Merlimau Cogen Plant • Achieved 98% annual contracted availability Contracted availability was slightly impacted by unplanned maintenance expenses in 2H 2020 KMC has no tariff exposure to the Singapore wholesale electricity market and has no exposure to fluctuations in fuel oil prices • KMC receives a fee for delivering the availability of the plant to Keppel Electric 2H 2019 2H 2020 FY 2019 FY 2020 37.0 (1)% Waste & Water 36.9 73.0 1% 73.1 || • Senoko and Tuas WTE Plants, Ulu Pandan NEWater Plant and Sing Spring Desalination Plant Fulfilled all contractual obligations and operations remained stable 2H 2019 2H 2020 FY 2019 FY 2020 KIT KEPPEL TRUST INFRASTRUCTURE 13
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