A Global Integrated Player POWER CAPACITY Sembcorp aims to be a global integrated energy champion, with focus on growth along three business lines. With our proven track record >12,000 MW and capabilities, our distinctive business models deliver value and sustainable growth. Three business lines

21% 45%

Gas & Power Renewables & Merchant & Retail • Gas importation Environment • Merchant & retail & retail • Renewable power power sales • Regasification • Water and • Trading & optimisation infrastructure 34% wastewater treatment • Flexible distributed • Thermal power • Waste-to-resource energy resources ■ Gas-fired • Energy services ■ Coal and Diesel-fired & storage ■ Renewable & Energy-from-waste A Scalable Global Operating Model Our matrix organisation allows us to leverage resources and achieve value-focused growth across markets and business lines globally.

BUSINESS LINES GAS & POWER RENEWABLES & ENVIRONMENT MERCHANT & RETAIL

MARKETS , CHINA WATER AND AND SOUTHEAST ASIA WASTEWATER TREATMENT CAPACITY INDIA ~9 million m3/day UK

REST OF THE WORLD

• Own assets and P&L • Drive opportunities through deep country expertise and relationships • Drive global product opportunities • Empowered to operate, and develop projects optimise and integrate assets • Innovate and differentiate into energy platforms product offerings • Techno-commerical product experts • Build product SOPs

MW: megawatts m3/day: cubic metres per day

ENERGY THAT MAKES A DIFFERENCE 1 OUR BUSINESS MODEL 4 The Sembcorp O Model Feature • Originator, owner or investor, operator and optimiser of large-scale energy and utilities assets Centralised Utilities Model on Jurong Island, Singapore • Focuses on maximising value and enhancing return through asset optimisation, leveraging integration and innovation opportunities • The 3,200-hectare Jurong Island is Singapore’s petrochemical and chemical hub • Sembcorp is the pioneer and leader in the provision of one-stop GROWTH centralised utilities to customers on the energy-intensive PLATFORM industrial cluster Hold & Grow • Serving over 40 multinational petrochemical and OWNER / UNLOCK chemical companies ORIGINATOR INVESTOR OPERATOR OPTIMISER VALUE Systematic • By outsourcing on-site utilities needs to Sembcorp, customers Capital are able to lower capital investment, better manage risk and Initiation, Disciplined Driving asset Capturing value Recycling identification and owner and performance through asset focus on their core businesses development of investor through optimisation, greenfield and with strong engineering integration brownfield governance and technical and innovation projects as well capabilities and opportunities as product strong HSSE and systematic Industrial Power solutions management capital recycling water and wastewater treatment Underpinned by competitive advantages Centralised • Strong track record in developing and operating thermal and renewable Facilities energy and water assets Gas Steam • Deep integration expertise Supported by our service corridor • Strong foothold in high-growth developing markets and experience in and steam grid networks developed markets

Jurong Island, Singapore Integrated Energy Platforms Operating since 1997

Provides customers compelling value propositions across the energy 2 and utilities value chain by integrating multiple energy offerings around anchor assets

3 1 MERCHANT

GAS RETAIL Sembcorp Facilities Service Corridor INTEGRATED ENERGY 1 SAKRA 2 SERAYA 3 BANYAN PLATFORM • Multi-utilities facilities • High Grade Industrial • Industrial wastewater WATER & • Gas onshore Water and chemical treatment plant POWER WASTEWATER receiving facility waste incineration • Multi-utilities facilities TREATMENT • Cogeneration facilities • Cogeneration power plant power plant • High pressure boilers • Membrane bioreactor wastewater treatment plant WASTE-TO- RENEWABLES • Woodchip boiler RESOURCE • Energy-from- Waste facility

HSSE: Health, Safety, Security and Environment

2 SEMBCORP UTILITIES ENERGY THAT MAKES A DIFFERENCE 3 SUSTAINABILITY Supporting Priority the United SDGs Nations’ SDGs The framework set out by the Sustainable Development Goals (SDGs) aligns with Supporting Sembcorp’s vision to support SDGs development, improve quality of life and deliver long-term value and growth. We have identified SDG 6 (clean water and sanitation) Underlying and SDG 7 (affordable and SDGs clean energy) as priority SDGs. These goals represent the greatest opportunity for Sembcorp to contribute towards the sustainable The implementation of the goals will require global partnerships and collaboration across the public development agenda. and private sectors, and civil society. While all goals are interrelated, SDG17 underpins the achievement of all other goals.

A Uniquely Integrated >1,800 145 Utilities gigawatt hours 3 3 million m 0m of electricity of desalinated water Business of groundwater generated from supplied to extracted for renewable sources communities At Sembcorp, we believe power generation that we have a part to play in contributing to a sustainable future. We leverage group capabilities and strengths to limit the ENERGY SUPPLY impact of our activities on WATER SUPPLY the environment, enhance WASTEWATER TREATMENT resource productivity and ~82 million m3 >192,000 tonnes deliver innovative energy of wastewater and water solutions for our treated for of waste recycled customers. customers 600,000 households provided with waste and recyclables collection services

The figures are for 2017 and cover assets in operation where we have management and /or operational control. m3: cubic metres

4 SEMBCORP UTILITIES ENERGY THAT MAKES A DIFFERENCE 5 GAS & POWER Reliable, Competitive Solutions Efficient Power Generation across the Gas Value Chain from a Diversity of Fuels Gas Importation, Retail and Regasification Thermal Power Infrastructure • Ability to generate energy from Thermal Power Capacity a diversity of fuels Capabilities to offer services such as gas sourcing and importation, gas trading, regasification infrastructure and LNG-to-power • Strong track record and proven > 10,000 MW integrated projects capabilities in executing large-scale brownfield and greenfield thermal projects • Strong capability to apply technologies for greater efficiency and Feature lower emissions A Pioneer in the Singapore Gas Market Gas-fired • First commercial importer and retailer of natural gas in Singapore CAPACITY • First to introduce compressed natural gas locally Singapore, China and • First to import a LNG cargo under Singapore’s newly Southeast Asia: launched Spot Import Policy MW • Reliable piped natural gas supplier supplying 431 billion 2,886 British thermal units per day UK: • Leader in Singapore gas market with around 35% market share, based on gas imported 963 MW Bangladesh and Middle East: Natural gas pipeline 1,838 MW

CAPABILITIES • Combined cycle gas turbine (CCGT) • Cogeneration • Combined power & desalination • Rapid response, flexible generation Natuna Sea Coal and Diesel-fired

CAPACITY India: DIRECT SUB-SEA PIPELINE Total Length = 640km MW JURONG ISLAND 2,640 Sembcorp Gas Onshore China: Receiving Facility Singapore 1,620 MW Singapore Gas Pipeline Network UK: 65 MW Piped Natural Gas Singapore LNG Terminal Liquefied Natural Gas CAPABILITIES • Supercritical technology LNG: Liquefied Natural Gas

6 SEMBCORP UTILITIES ENERGY THAT MAKES A DIFFERENCE 7 RENEWABLES & ENVIRONMENT Innovative and Environmental Solutions Sembcorp’s Renewable Power Capacity Renewables • Project development and Renewable Power Capacity operations & maintenance 5,000 expertise for wind and > 2,500 MW 4,500 solar projects 4,000 MW • Strong positions in Singapore, China and India 4,000

3,500 Wind 3,000

CHINA 2,500 2,000 MW 745 MW 2,000 1,500

1,000

500

0 INDIA 2012 2013 2014 2015 2016 2017 2022 1,692 MW ■ Wind ■ Solar ■ Projected

Sembcorp targets to double renewables capacity to approximately 4,000 MW by 2022.

We also target to reduce carbon emission intensity by close to 25% from 0.55 tCO e/MWh Solar 2 in 2017 to 0.42 tCO2e/MWh by 2022, and to less

than 0.40 tCO2e/MWh by 2030. SINGAPORE 104 MW

INDIA 35 MW

MW: megawatts

tCO2e/MWh: tonnes of carbon dioxide equivalent per megawatt hour

8 SEMBCORP UTILITIES ENERGY THAT MAKES A DIFFERENCE 9 RENEWABLES & ENVIRONMENT

Feature Feature Providing Renewable Power to Support Providing Solutions that Support the UK’s India’s Growth Renewable Future • High-quality wind and solar power projects across seven renewable resource-rich states in India Sembcorp’s wholly-owned UK Power Reserve is a leading provider of secure, flexible, low-carbon • Combined renewable power capacity of over 1,700 MW electricity and services to the UK market. • One of the country’s leading wind power developers, according Its solutions play a vital role in supporting the to CRISIL country’s shift towards a renewable future. • Success in nationwide wind power tenders a clear testament to our capabilities • Owns and operates a portfolio of highly flexible distributed energy generation projects across 32 locations in England Wind and solar capacity in India* (MW) and Wales Location Wind Solar • 533 MW in operation and a further 480 MW under development Rajasthan 150.0 25.0 • One of Europe’s largest developers of battery storage with a Gujarat 692.8 10.0 portfolio of 120 MW Maharashtra 149.5 - • Assets are able to respond quickly and bridge supply gaps Karnataka 163.4 - in the power system, compensating for the intermittency Madhya Pradesh 104.0 - of renewable sources Andhra Pradesh 49.5 - • High-value ancillary services balance the system and add Tamil Nadu 383.2 - resilience to the grid

* Capacity refers to total gross installed capacity of facilities in operation and under • Demand for such solutions is increasing in the market, development. given the growth of renewables and the closure of ageing thermal plants

Feature A Major Solar Energy Player in Singapore • Sembcorp is a major player in rooftop solar energy solutions in Singapore • More than 100 MW of grid-tied solar power capacity in operation and under development • These solar power assets are located on top of public housing blocks, commercial and industrial premises and government sites • They increase Singapore’s supply of renewable power, while making efficient use of space in a land-scarce nation

MW: megawatts

10 SEMBCORP UTILITIES ENERGY THAT MAKES A DIFFERENCE 11 RENEWABLES & ENVIRONMENT Water and Wastewater Treatment Sembcorp’s Total Water Management

Specialised solutions for industries Capabilities Industrial Wastewater Sembcorp is able to integrate water supply,‘‘ wastewater Treatment Water and Wastewater treatment and water reclamation into a closed loop”. • Specialised capabilities in Treatment Capacity This minimises liquid discharge and conserves . treating multiple streams 3 of complex industrial ~ 9,000,000 m /day wastewater • Capabilities to treat high concentration and high salinity industrial CITIES INDUSTRIES wastewater

CUSTOMERS

Potable & Industrial Wastewater Water & Sewage

SEMBCORP’S WATER SOLUTIONS

1 2 Total Water Management SUPPLY TREAT • Comprehensive suite of water solutions, from supply, wastewater treatment to water reclamation • Enhances water productivity and protects the environment through Freshwater solutions promoting water reuse and minimising liquid discharge Sources Industrial Wastewater / Water Sewage Treatment Specialised solutions for water-stressed regions, Treatment including desalination and water reclamation

Treated effluent that meets Seawater stringent environmental Desalination standards 3 RECYCLE

Reclaimed Water Water Reclamation Turning effluent into high-purity water

12 SEMBCORP UTILITIES ENERGY THAT MAKES A DIFFERENCE 13 RENEWABLES & ENVIRONMENT MERCHANT & RETAIL Strong technology and innovation capabilities Providing Differentiated Services Driving Technology and Innovation • Created the Virtual Brain which is an intelligent operations management in Merchant and Retail system for process prediction and troubleshooting, allowing for Full range of merchant energy capabilities including merchant & retail centralised monitoring and control of water facilities across the world power sales, gas and power trading & optimisation, flexible distributed • Implemented a zero liquid discharge model which provides total water energy resources as well as energy services & storage management solutions to industries by incorporating a complex combination of water technologies and processes • Set up the Sembcorp Technology & Innovation Centre in Singapore, Feature as a focal point for the development of new processes and test- Delivering Value to Retail Customers in bedding of emerging technologies Singapore’s Utilities Market • Invested in strategic partnerships with tertiary institutions and Commercial and industrial customers government agencies to strengthen technological edge and develop innovative solutions • One-stop provider of power, gas, and recyclables and waste collection Applying Advanced Technologies • With our own generation facilities and efficient green • Successfully applied the best available technologies to meet the needs technologies, we are able to offer cost savings, greater value of customers from a wide range of industries, including anaerobic and a reduced carbon footprint wastewater treatment systems, membrane bioreactor technology Households and small businesses and advanced membrane systems • Deep experience in serving the integrated waste management, recycling and power needs of 600,000 households and thousands of businesses in Singapore Waste-to-resource • Offer value through integrated service offerings, cost savings and enhanced customer experience • Integrated waste management and recycling solutions • Provides customised solutions and utilises advanced technologies to treat a wide variety of waste streams • Ability to harness energy from waste, including wood waste, as well as industrial, commercial and municipal waste Energy-from-waste & Biomass

SINGAPORE 198 tph steam

UK 85 MW power 330 tph steam

Uses woodchip processed from construction and demolition waste to produce around 480,000 tonnes of process steam at our woodchip boilers in Singapore annually

14 SEMBCORP UTILITIES ENERGY THAT MAKES A DIFFERENCE 15 CAPACITIES WORLDWIDE Energy

Capacity by Fuel Capacity by Fuel Thermal Renewable & EfW Location Gas EfW* Total Coal & STEAM (tph) Location Gas Diesel Wind Solar EfW* Total Singapore 2,060 198 2,258 POWER (MW) China 1,056 1,056 Singapore 1,323 UK 400 330 730 Sembcorp Cogen (Sakra) 815 Total (tph) 3,516 528 4,044 Sembcorp Cogen (Banyan) 404 Sembcorp Solar 104 Myanmar 230 BATTERY STORAGE Myingyan IPP 230 UK 120 MW Vietnam 746 Phu My 3 746 China 3,056 Shanghai Cao Jing 691 NATURAL GAS IMPORTATION Chongqing Songzao Singapore 431 Bbtud Sembcorp 1,620 Guohua Sembcorp 745 India 4,367 ON-SITE LOGISTICS Sembcorp Energy India Limited 2,640 1,692 35 Location Service Corridor Network Bangladesh 427 Singapore 25 kilometres Sirajganj Unit 4 427 UK 40 kilometres Oman 518 Salalah IWPP 518

UAE 893 SOLID WASTE MANAGEMENT Fujairah 1 IWPP 893 Singapore Collection per year UK 1,113 Waste collection Over 900,000 tonnes Wilton Power Station 135 Recyclables collection Over 200,000 tonnes Sembcorp Biomass Power Station 35 Wilton 11 EfW Plant 50 UK Power Reserve 828 65 Total (MW) 5,687 4,325 2,437 139 85 12,673

* Includes biomass Bbtud: billion British thermal units per day; EfW: energy-from-waste; IPP: Independent Power Plant; IWPP: Independent Water and Power Plant; MW: megawatts; tph: tonnes per hour Note: Capacity refers to total gross installed capacity of facilities in operation and under development.

16 SEMBCORP UTILITIES ENERGY THAT MAKES A DIFFERENCE 17 CAPACITIES WORLDWIDE Water

Industrial Industrial Wastewater Desalinated Reclaimed Municipal Sewage Location Water Treatment Water Water Total Location Water Treatment Total INDUSTRIAL, DESALINATION AND RECLAMATION (m3/day) MUNICIPAL (m3/day) Singapore 4,768,872 China 515,000 Jurong Island 4,484,552 16,320 40,000 Shenyang 160,000 Changi 228,000 Xinmin 50,000 China 1,791,520 Qitaihe 100,000 Shanghai 37,680 Yanjiao 80,000 Nanjing 240,000 48,000 Fuzhou 125,000 Zhangjiagang 36,200 24,000 Indonesia 331,774 Lianyungang 20,000 Batam Island 311,904 Qidong 10,000 Talang Kelapa 19,870 Changzhi 1,267,200 35,040 38,400 Philippines 97,161 Tianjin 10,000 Subic Bay 86,961 10,200 Jingmen 10,000 Chile 188,443 Qinzhou 15,000 Antofagasta 73,000 Oman 72,950 Santiago 79,443 36,000 Salalah 72,950 Panama 75,700 UAE 590,900 Lake Gatun 75,700 Fujairah 590,900 Total (m3/day) 1,088,878 119,200 1,208,078 UK 241,400 Teesside 241,400 TOTAL WATER CAPACITY (m3/day) 8,684,090 Chile 10,370 La Negra 10,370* Total (m3/day) 6,281,202 200,560 663,850 330,400 7,476,012

* Includes treated effluent m3/day: cubic metres per day Note: Capacity refers to total gross installed capacity of facilities in operation and under development.

18 SEMBCORP UTILITIES ENERGY THAT MAKES A DIFFERENCE 19 About the Sembcorp Key businesses

Industries Group SEMBCORP UTILITIES Sembcorp Industries is a leading utilities, marine and urban An integrated energy development group, operating across multiple markets worldwide. player with a strong track record As an integrated energy player, Sembcorp is poised to benefit from in developing the global energy transition. With a strong track record in developing and developed markets, and developed markets, it provides solutions across the energy and providing solutions utilities value chain, with a focus on the Gas & Power, Renewables & across the energy and Environment, and Merchant & Retail sectors. It has a balanced energy utilities value chain portfolio of over 12,000 megawatts, including thermal power plants, renewable wind and solar power assets, as well as biomass and energy-from-waste facilities. In addition, Sembcorp is a world leader 100% in offshore and marine engineering, as well as an established brand name in urban development. Global leader in offshore & marine engineering focusing on four key capabilities: Rigs & At A Glance Floaters, Repairs & Upgrades, Offshore GLOBAL PRESENCE STAFF STRENGTH Platforms and 15 countries >7,000 Specialised Shipbuilding in 5 continents employees 61%

SHAREHOLDERS* TOTAL ASSETS* SEMBCORP Temasek Holdings: S$23.2 billion DEVELOPMENT Leading Asian developer 49.5% US$ 17.2 billion with a strong track Public: record in transforming raw land into sustainable 50.5% cities

MARKET CAPITALISATION* INDEX COMPONENT billion • (STI) 100% S$5.4 • MSCI Singapore, other MSCI indices US$4.0 billion • FTSE Developed Asia Pacific ex Japan Index, other FTSE indices • SGX Sustainability Leaders Index • Dow Jones Sustainability LISTING Asia Pacific Index (SGX)

* As at December 31, 2017 Shareholding figures are calculated based on the number of issued ordinary shares excluding The information in this booklet is correct at the time of printing. More information may be found treasury shares. at www.sembcorp.com

20 SEMBCORP UTILITIES Sembcorp Utilities Pte Ltd 30 Hill Street #05-04 Singapore 179360 Tel: (65) 6723 3113 Fax: (65) 6822 3254 Email: [email protected] www.sembcorp.com