Announcements

An Extraordinary General Meeting (EGM) of the shareholders of Sembcorp Salalah Power and Water Company SAOG (the “Company”) was held on Tuesday 15 March 2016 at 3:25 p.m. at the Hormuz Grand Hotel, Muscat, Sultanate of Oman. The following resolutions were passed in EGM: The amendment of the par value from RO 1 per share to Baizas 100 per share and consequent amendment to the Articles of Association approved. The resolution shall result in splitting the one share into ten shares for the registered shareholders of the Company on the date of the EGM. Amended clauses of the Articles of Association are as follows: Article 5: The Company’s authorised share capital is RO 100,000,000 (One Hundred Million Omani Rials), and the issued share capital is RO 95,457,195 (Ninety Five Million Four Hundred Fifty Seven Thousand And One Hundred Ninety Five Omani Rials), divided into 954,571,950 (nine hundred and fifty four million five hundred and seventy one thousand nine hundred and fifty) ordinary shares, each with a nominal value of 100 baisa (one hundred baisa). Article 18.1: The Company shall be managed by a Board of Directors consisting of nine (9) members who should be elected at an Ordinary General Meeting from amongst the Shareholders or non-Shareholders, provided that the candidate, if a Shareholder, shall hold at least 500,000 Shares in order to be eligible to stand for election to the Board of Directors. The term of office of the Board of Directors shall be for a maximum period of three years subject to re-election. The period stipulated for election to the Board shall be calculated from the date of the General Meeting in which the Director is elected to the date of the third Annual General Meeting following it. Where the date of such meeting exceeds the term of three years, the membership shall be extended by Law to the date on which the meeting was convened, save it shall not exceed the period stipulated in Article 120 of the Commercial Companies Law for convening an Annual General Meeting. Appendix Definitions – Shares: means shares of a nominal value of 100 baisa (one hundred baisa) each in the capital of the Company.

An Annual General Meeting (AGM) of the shareholders of Sembcorp Salalah Power and Water Company SAOG (the “Company”) was held on Tuesday 15 March 2016 at 3.30 p.m. at the Hormuz Grand Hotel, Muscat, Sultanate of Oman. The following resolutions were passed in AGM: 1.  The report of the Board of Directors of the Company for the year ended 31 December 2015 was approved. 2. The reports on Corporate Governance for the financial year ended 31 December 2015 were approved. 3. The financial statements (Balance Sheet and Profit & Loss Account) of the Company for the financial year ended 31 December 2015 were    approved. 4.  A proposed cash dividend of 3.5% for the shareholders from the share capital of the Company (equivalent to 3.5 Baizas per share) to shareholders listed in the shareholders’ register maintained by the Muscat Clearing and Depository Company SAOC as at 3 April 2016 was approved. 5. The shareholders authorised the Board of Directors of the Company to approve the payment of an interim dividend up to 10.3% (equivalent to 10.3 Baizas per share) of the issued share capital of the Company, from the audited accounts of the Company for the nine-month period ending on September 30, 2016 to shareholders listed in the shareholders’ register maintained by the Muscat Clearing and Depository Company SAOC as on 1 November 2016 6. The sitting fees for the Directors and the Sub-Committees of the Board for an amount of RO 19,500 for the financial year ended 31 December 2015 and the proposed sitting fee for the financial year 2016 was approved. 7. The Directors’ remuneration of RO. 100,000 for the financial year ended 31 December 2015 was approved. 8. The transactions and contracts entered into by the Company with related parties, for the year financial year ended 31 December 2015 were  approved. 9. The proposed transactions and contracts to be entered into by the Company with related parties, for the year financial year ending 31 December 2016 were approved. 10. The donation of RO 41,160 made to support community services during the financial year ended on 31 December 2015 was approved. 11. A budget of RO. 42,000 for the financial year 2016 towards charitable expenses was approved. 12. The appointment of KPMG as the auditors of the Company at a fee of RO. 9,770 for the financial year 2016 was approved. 13. The Following 9 Members were elected as members of the Board of Directors     Mr. Tan Cheng Guan Mr. Ng Meng Poh Mr. Quek Hong Liat Mr. Hassan Ismail Salman Al Nassay Mr. Kalat Ghuloon Al Bulooshi Mr. Tariq Al Amri Mr. Abdul Amir Saied Mohammed Mr. Ahmed Ali Sulaiman Al Bulushi Mr. Khalid Ali Al Hamoodah

The Board of Directors of Sembcorp Salalah Power & Water Company SAOG (“the Company”) is pleased to advise the Capital Market Authority, the Muscat Securities Market and the investor community of the following material resolutions made at the meeting of the Board of Directors (the “Board”) held on 15 March 2016: The Board appointed Mr. Tan Cheng Guan as Chairman; The Board appointed Mr. Kalat Ghuloom Al Bulooshi as Deputy Chairman; The Board appointed Mr. Tariq Bashir as Company Secretary and Mr. Lim Yeow Keong as Disclosure Officer of the Company; and The Board appointed following board members as members of the Audit committee and Nomination and Remuneration Committee. Committee Chairman Members Audit Committee Mr. Tariq Al Amri Mr. Quek Hong Liat and Mr. Ahmed Al Bulushi Nomination and Remuneration Committee Mr. Kalat Al-Bulooshi Mr. Ng Meng Poh and Hassan Al Nassay