Bukit Sembawang Estates : Announcement on AGM

BUKIT SEMBAWANG

ESTATES LIMITED

Company Registration No. 196700177M

56th ANNUAL GENERAL MEETING

The Board of Directors of Bukit Sembawang Estates Limited ("Company") wishes to announce that the 56th Annual General Meeting ("AGM") of the Company will be convened and held by electronic means pursuant to the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings for Companies, Variable Capital Companies, Business Trusts, Unit Trusts and Debenture Holders) Order 2020.

The AGM will be held by electronic means on Thursday, 28 July 2022 at 10.30 a.m. to transact the business set out in the Notice of AGM dated 6 July 2022. The Notice of AGM in relation to the Proxy Form and Annual Report 2022 will be made available to members of the Company solely by electronic means via publication on SGXNET and may be accessed on the Company's website atwww.bsel.sg/agm2022. Printed copies of these documents will not be sent to members.

Alternative arrangements have been put in place to allow members to participate at the AGM by

1. observing and/or listening to the AGM proceedings via live audio-visual webcast or live audio- only stream; (b) submitting questions in advance of the AGM; and (c) appointing Chairman of the Meeting as proxy to attend, speak and vote on their behalf at the AGM.

Details of the steps for pre-registration,pre-submission of questions and voting at the AGM are set out below:

1. Pre-registration

Members who wish to attend the AGM via live audio-visual webcast or live audio-only stream must pre-register at the pre-registration website at https://online.meetings.vision/bukitsembawang-agm-registrationfrom 8.30 a.m. on 6 July 2022 till 10.30 a.m. on 25 July 2022 to enable the Company to verify their status as members.

Following the verification, authenticated members will receive a confirmation email by 12 noon on 27 July 2022 which will contain login details to access the live audio-visual webcast or a toll- free telephone number with details to access the live audio-only stream of the AGM proceedings. Members should not disclose such login details to persons who are not entitled to attend the AGM. Members who do not receive the confirmation email by 12 noon on 27 July 2022 may contact the Company's Share Registrar, M & C Services Private Limited at +65 6228 0504 / 6228 0507 before 5.00 p.m. on 27 July 2022.

Persons who hold shares through relevant intermediaries, including CPF and SRS investors, and wish to participate in the AGM should approach their respective relevant intermediaries as soon as possible in order for necessary arrangements to be made for their participation in the AGM.

2. Questions

Members can submit their questions related to the resolutions to be tabled at the AGM to the Chairman of the Meeting, in advance of the AGM, via the pre-registration website when they

register for the webcast. Members can also send their questions by email to agm2022@bukitsembawang.sgor by post to the Company at 2 Bukit Merah Central #13-01 Singapore 159835.

When sending in your questions by post or by email, please also provide the following details:

a. your full name;

b. number of shares held; and

c. the manner in which you hold shares in the Company (e.g. via CDP, CPF or SRS).

All questions must be submitted by 10.30 a.m. on 14 July 2022. Members will not be able to ask questions at the AGM live during the webcast or audio-stream.

The Company will endeavour to address substantial and relevant questions related to the resolutions submitted by 10.30 am on 14 July 2022, by way of broadcast on the SGXNET and the Company's website by 21 July 2022.

3. Voting by Proxy

Members must appoint the Chairman of the Meeting as their proxy to attend, speak and vote on their behalf at the AGM if such members wish to exercise their voting rights at the AGM. The Proxy Form is available on SGXNET and www.bsel.sg/agm2022. A member must give specific instructions as to voting, or abstentions from voting, in respect of a resolution in the Proxy Form, failing which the appointment of the Chairman of the Meeting as proxy for that resolution will be treated as invalid. The Proxy Form must be submitted in the following manner:

• if submitted electronically, be submitted via email to the Company's Share Registrar, M & C Services Private Limited at gpa@mncsingapore.com;

• if submitted by post, be deposited at M & C Services Private Limited at 112 Robinson Road, #05-01, Singapore 068902; or
• Members can also submit their proxy forms via the pre-registration website when they register for the webcast.

in any case, by 10.30 a.m. on 25 July 2022.

A member who wishes to submit a Proxy Form must first download, complete and sign the Proxy Form, before submitting it by post to the address provided above, or before scanning and sending it by email to the email address provided above.

CPF or SRS investors who wish to appoint the Chairman of the Meeting as proxy should approach their respective CPF Agent Banks or SRS Operators to submit their votes by 5.00 p.m. on 18 July 2022.

The Company wishes to remind all members to check the Company's website at www.bsel.sg/agm2022and SGXNET regularly for updates on the AGM as the COVID-19 situation remains fluid and the Company may be required to change the AGM arrangements at short notice.

By Order of the Board

Lotus Isabella Lim Mei Hua

Company Secretary

6 July 2022

Singapore