SINGAPORE O&G LTD.

(Company Registration No. 201100687M)

GRANT OF SHARE AWARDS PURSUANT TO THE SOG PERFORMANCE SHARE PLAN

The Board of Directors of Singapore O&G Ltd. (the "Company" or "SOG") wishes to announce the following grant of share awards ("Awards") to an eligible participant pursuant to the SOG Performance Share Plan. Please refer to the Company's offer document dated 26 May 2015 for further details on the SOG Performance Share Plan.

(a)

Date of the Awards granted

:

25 August 2021

(b)

Number of shares which are

:

543,608

subject to the Awards

granted

(c)

Market price of shares on

:

SGD0.265

the date of grant

(d)

Number of the Awards

:

Nil

granted to directors and

controlling shareholders

(and their associates)

(e)

Vesting schedule of Awards

:

One fifth of the Awards shall be vested on the last

granted

working day of June 2022, 2023, 2024, 2025 and

2026 respectively.

BY ORDER OF THE BOARD

Dr. Beh Suan Tiong

Executive Chairman

25 August 2021

_________________________________________________________________________________

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Jennifer Tan, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318,sponsorship@ppcf.com.sg.

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Singapore O&G Ltd. published this content on 25 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2021 13:14:26 UTC.