Class of Shares : Non-Redeemable Convertible Non-Cumulative Preference Shares (“Preference Shares”) No. of Preference Shares issued : 241,207,335 Voting Rights : E ntitled to attend, speak and vote at any class meeting of the Holders of Preference Shares. One vote for each Preference Share. N ot entitled to attend and vote at any General Meeting of the Company except as provided below: (a) If the Preference Dividend (or any part thereof) due and payable and accrued is in arrears and has remain unpaid for at least six months, such right to attend and vote shall continue until such Preference Dividend (or any part thereof) in arrears and unpaid has been paid in full; (b) If the resolution in question varies the rights attached to the Preference Shares; or (c) If the resolution in question is for the winding up of the Company. Range of Preference Shareholdings No. of Preference Shareholders % No. of Preference Shares % 1 – 99 23 1.10 996 0.00 100 – 1,000 774 37.14 576,080 0.24 1,001 – 10,000 917 44.00 3,713,110 1.54 10,001 – 1,000,000 354 16.99 26,431,276 10.96 1,000,001 and above 16 0.77 210,485,873 87.26 2,084 100.00 241,207,335 100.00 MAJOR PREFERENCE SHAREHOLDERS LIST – TOP 20 AS AT 10 MARCH 2026 No. Name No. of Preference Shares Held %* 1 Mandai Properties Pte Ltd 47,334,517 19.62 2 Raffles Nominees (Pte.) Limited 46,041,026 19.09 3 Aster Land Development Pte Ltd 26,913,086 11.16 4 CGS International Securities Singapore Pte. Ltd. 25,205,672 10.45 5 Citibank Nominees Singapore Pte Ltd 22,679,368 9.40 6 Fairmount Development Pte Ltd 7,000,000 2.90 7 United Overseas Bank Nominees (Private) Limited 6,224,334 2.58 8 HSBC (Singapore) Nominees Pte Ltd 5,477,818 2.27 9 DBS Nominees (Private) Limited 4,812,282 2.00 10 Chiam Toon Chew 4,003,000 1.66 11 Guan Hong Plantation Private Limited 3,645,000 1.51 12 Upnorth Development Pte. Ltd. 3,000,000 1.24 13 Hong Leong Foundation 2,886,668 1.20 14 Interfab Private Limited 2,054,102 0.85 15 Chen Xianming Jeremy 2,010,000 0.83 16 Morph Investments Ltd 1,199,000 0.50 17 Sun Yuan Holdings Pte Ltd 972,000 0.40 18 Maybank Securities Pte. Ltd. 892,800 0.37 19 Teo Lan Seng @ Teo Lam Seng 810,000 0.34 20 OCBC Nominees Singapore Private Limited 569,939 0.24 TOTAL 213,730,612 88.61 * The percentage of Preference Shares held is based on the total number of issued Preference Shares as at 10 March 2026. STATISTICS OF PREFERENCE SHAREHOLDINGS As at 10 March 2026 ANNUAL REPORT 2025 | 245
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