UOL Group Limited

We have exciting news to share! UOL has won our first Schneider Electric Sustainability Impact Award (Country Award), recognising our commitment to decarbonisation, setting ambitious carbon reduction targets, and driving sustainable practices across our supply chain. Our Chief Legal and Sustainability Officer, Yeong Sien Seu, accepted the award from Schneider Electric Cluster President, Mr Yoon Kim, at a ceremony held at Marina Bay Sands on 25 February 2025. At UOL, our sustainability vision, “Less Carbon, More Life,” reflects our commitment to shaping a resilient built environment and contributing to a cleaner, greener, and more sustainable future. We are dedicated to reducing carbon emissions, enhancing energy efficiency, and adopting renewable energy across our global properties, aligning with global climate goals. A big thank you to Schneider Electric for this recognition and to our teams, partners, and stakeholders who continue to support our sustainability journey. Together, we are working towards a net-zero future! 🌏💚 #UOLGroup #Sustainability #Decarbonisation #LessCarbonMoreLife #SustainableFuture #SustainabilityImpactAwards #ImpactMaker 

UOL reported a 13% increase in attributable profit before fair value and other gains (operating PATMI) to $314.2 million for FY24. The increase was due to the strong performance of all business segments. Net attributable profit (PATMI) declined 49% to $358.2 million as compared with FY23. The decline was due to the absence of a large one-time gain from the sale of PARKROYAL on Kitchener Road in October 2023. Group pre-tax profit before fair value and other gains was up 12% to $533.8 million as compared with FY23, owing to higher operating profit from property investments and hotel operations, higher finance income, and lower share of losses from associated and joint venture companies. Arising from the stronger operating PATMI, the Board has proposed a first and final dividend of $0.18 per share for the financial year ended 31 December 2024. On 27 February 2025, the panel comprising UOL Group Chief Executive Liam Wee Sin, Singapore Land Group Chief Executive Officer Jonathan Eu, PPHG Chief Executive Officer Choe Peng Sum, UOL Chief Financial Officer Ng Tiang Poh Eric, UOL Chief Operating Officer Neo Soon Hup, and UOL Chief Investment Officer Shirley Ng, briefed about 50 journalists, analysts, and staff in-person on the results. Mr Liam said: “We recorded a good set of results across all business segments in 2024. Despite ongoing uncertainty in the global economy, geopolitical tensions, and the unpredictable trade and policy changes, we remain cautiously optimistic for the year ahead. “Delivering quality products has been a strong focus and key driver of our success. We will unveil the private launch of UPPERHOUSE at Orchard Boulevard in mid-2025, followed by the Holland Drive development in the third quarter of 2025, both in highly sought-after and prestigious locations,” he said. 👉More on UOL’s FY24 financial results at: https://lnkd.in/dv3-EtHn #UOLGroup #SingLand #PPHG #UOLsubsidiaries Singapore Land Group Limited Pan Pacific Hotels Group

Over 87 per cent of the 1,193 units in PARKTOWN Residence, a 99-year leasehold, in Tampines were sold during the launch weekend starting on 22 February 2025. This strong start marks the first major property launch of 2025. The project is a 50:50 joint venture between UOL-SingLand and CapitaLand Development (CLD). A spokesperson for UOL and CLD said: “Buyers were drawn to PARKTOWN Residence’s unique status as a fully integrated residential and lifestyle development, directly connected to a retail mall, the future Tampines North MRT station, a bus interchange, a green boulevard, a community club and a hawker centre. “With its prime location and upscale, spacious apartments, PARKTOWN Residence stands out as a highly desirable choice for homeowners seeking both convenience and quality.” The majority of buyers were Singaporeans, purchasing for both their own stay and investment. UOL General Manager (Residential Marketing) Anson Lim said that the average price achieved for the 1,041 units sold was $2,360 psf. As the largest residential and lifestyle development integrated with a transportation hub in Singapore, the development offers easy access to an array of nearby amenities. Families with children will benefit from proximity to established schools such as Angsana Primary School, Ngee Ann Secondary School, Temasek Polytechnic, Temasek Junior College and Singapore University of Technology and Design. ➡️Read more at: https://lnkd.in/g8WVvwt9 📍Visit the PARKTOWN Residence showflat at: https://lnkd.in/g3wnbaCC #PARKTOWNResidence #LuxuryLiving #lushgreenery #DreamHome #NewLaunch #UOLGroup #SingLand #UOLsubsidiaries #CapitaLandDevelopment #realestate #residential #Tampines #Singapore Singapore Land Group Limited

The highly anticipated PARKTOWN Residence, the first mega property launch of 2025, drew a robust turnout of over 10,000 visitors during the first three days of public preview from 7 to 9 February 2025. “The overwhelming response to PARKTOWN Residence underscores the enduring appeal of Tampines as a vibrant regional centre offering a mix of business, retail and lifestyle amenities,” said a spokesperson for UOL and CapitaLand Development (CLD). “With its strategic location, excellent connectivity and spacious, upscale homes, PARKTOWN Residence is poised to meet the evolving needs of modern homeowners. Given the strong interest we’ve seen, we anticipate that buyers – whether young professionals, families or investors – will recognise the long-term value of securing a home in one of Singapore’s most sought-after townships.” A 50:50 joint venture between UOL-SingLand and CLD, PARKTOWN Residence, a 99-year leasehold development, will feature 1,193 residential units seamlessly connected to a diverse mix of retail spaces, dining options and enrichment schools. It will also include a green boulevard that forms part of the newly opened Tampines Boulevard Park, a supermarket, a community club and a hawker centre. It will be directly linked to the future Tampines North MRT station on the Cross Island Line and a bus interchange, offering residents easy access to other parts of Singapore. Viewing of the PARKTOWN Residence showflat is available daily (10am – 7pm) at Tampines Grande, opposite Asia Green. Sales booking will commence on 22 February 2025. Find out more about this exciting development: https://lnkd.in/gvS8_QUb #PARKTOWNResidence #LuxuryLiving #lushgreenery #DreamHome #NewLaunch #UOLGroup #SingLand #UOLsubsidiaries #CapitaLandDevelopment #realestate #residential #Tampines #Singapore Singapore Land Group Limited

UOL, our subsidiary Singapore Land Group Limited, and CapitaLand Development are thrilled to unveil PARKTOWN Residence, the largest integrated development in Singapore, for public preview today! What sets PARKTOWN Residence apart is its vision of a home inspired by nature. This self-sustaining community landmark brings together convenience, connectivity and liveability under one roof. Designed as a one-stop lifestyle hub, PARKTOWN Residence offers shopping, dining, amenities, and a direct link to the future Tampines North MRT station and a bus interchange. Slated for completion by mid-2030, PARKTOWN Residence features 1,193 thoughtfully designed apartments, catering to modern lifestyles with efficient and practical layouts. UOL Group Chief Executive Liam Wee Sin said: “PARKTOWN Residence is a fully integrated development that enfolds a green boulevard where you can feel the immensity of space within a five-hectare site. It stands out as the first mega property launch of the year in Tampines, one of the most popular mature residential estates in Singapore. We are excited to unveil the concept of upscale living in a one-stop lifestyle hub, blending high-quality amenities with high liveability.” CLD (Singapore) Chief Executive Officer Tan Yew Chin said: “What sets PARKTOWN Residence apart is its vision of a home inspired by nature. This self-sustaining community landmark brings together convenience, connectivity and liveability under one roof, with amenities including enrichment schools, a supermarket, a hawker centre, a community club, and an integrated transport hub. With a retail mall spanning over 146,000 sq ft, PARKTOWN Residence represents a vibrant and thriving community. Residents can also enjoy an active, eco-conscious lifestyle with access to a growing cycling network that will connect them to Pasir Ris, East Coast Park and the Round Island Route.” We credit the following consultants for their collaboration and contributions: ➡️P&T Consultants Pte Ltd ➡️Henning Larsen Pte. Ltd. ➡️2nd Edition Pte Ltd ➡️Chalked Pte Ltd ➡️SuMisura Asia ➡️Super Fat Designs 🗓️Preview of PARKTOWN Residence has started, with sales to commence on 22 February 2025. Read more at: ● https://lnkd.in/gQ6-QviX ● https://lnkd.in/g2DNNCQB 📍Visit the PARKTOWN Residence showflat at Tampines Grande (opposite Asia Green): https://lnkd.in/g3wnbaCC #PARKTOWNResidence #LuxuryLiving #lushgreenery #DreamHome #NewLaunch #UOLGroup #SingLand #UOLsubsidiaries #CapitaLandDevelopment #realestate #residential #Tampines #Singapore

From all of us at UOL, may you have a prosperous and abundant #YearOfTheSnake! 🐍🧧✨ 🖼️ Birds and Bamboos Announce Prosperity by Tay Bee Lian (b.1953) In support of ARTDIS (Singapore) Ltd, a charity dedicated to providing persons with disabilities access to the arts. #UOLGroup #PPHG #SingLand #UOLsubsidiaries #holidays #festivegreetings #CNY2025 #Singapore

On 18 January 2025, the Group hosted a celebration at PARKROYAL on Beach Road to recognise the achievements of children and youth from ComLink+ @ Jurong West who took part in the UOL-PPHG Community Uplift Programme over the past year. The event was graced by Mr Desmond Lee, Minister-in-charge of Social Services Integration and Adviser to West Coast Grassroots Organisations. This year, the Programme will expand its support to include weekly Mathematics tuition for more than 65 primary and secondary school children and youth, amounting to $100,000. In addition, the Group will sponsor regular weekly enrichment sessions for primary and secondary school children, empowering ComLink+ students to pursue their interest in sports, art and music. Speaking to about 200 guests, Minister Lee thanked UOL and Pan Pacific Hotels Group for their steadfast support for ComLink+. He said: “The UOL-PPHG Community Uplift Programme is a unique model that showcases how strong partnership between the Government, corporates and the community can make a big impact in the community. By providing opportunities for learning and growth, the programme empowers children living in rental housing to learn new skills, build their confidence, and pursue their dreams. I am encouraged to see how the programme has grown over the past two years to enrich the lives of our ComLink+ families.” As part of the pilot for sponsored regular enrichment classes, nine-year-olds Emily and Kylie from ComLink+ benefitted in the second half of 2024. Emily’s art courses have enhanced her communication and perspective, while Kylie’s badminton training improved her decision-making and boosted her self-confidence. UOL and PPHG piloted a year-long culinary arts programme with ComLink+ for 20 youth aged 13 to 18, where they learned cooking, baking and pastry-making under the guidance of PPHG chefs. The well-received programme increased participants' confidence in helping at home. Building on its success, the Group will introduce regular sessions for those committed to pursuing culinary interests. PPHG Executive Director, Sustainability Partnerships, Lifestyle & Asset Wee Wei Ling said: “We are grateful to walk this journey with them, offering support as they strive to create meaningful opportunities for their children. These families remind us that success is not just about individual achievements but about the collective effort of a community working together to uplift one another.” This year’s celebration recognised three exemplary ComLink+ families for their progress and growth, new UOL mall tenants and partners for supporting activities in 2024, and six UOL and PPHG volunteers for their dedication. ➡️Read about our expansion efforts here: https://lnkd.in/gq63Ns_X ➡️Watch this video to learn about the 2024 UOL-PPHG Community Uplift Programme events: https://lnkd.in/gPqCVPR2

We are thrilled to share exciting news to kickstart the year! Today, UOL and our subsidiary Singapore Land Group Limited, through a 20:80 joint venture, completed the acquisition of a 50% stake in 388 George Street in Sydney, Australia, for A$460 million (S$390 million)*. The stake was acquired from Brookfield, marking the Group’s first foray into Sydney’s Central Business District (CBD) with a prime commercial asset. UOL and SingLand now co-own the asset alongside Investa Gateway Offices fund (IGO) partners, Oxford Properties Group and Link Asset Management. UOL Chief Investment Officer Shirley Ng said: “This acquisition underscores the Group’s commitment to securing high-quality assets in key overseas markets. We see great potential in this freehold commercial building as Sydney’s CBD is the heart of the city’s business and cultural activities. 388 George Street aligns with our strategy to expand our presence in Australia and strengthen recurring income streams, positioning the Group for sustained growth.” Located on the corner of George and King Streets in the heart of Sydney’s CBD, the 30-storey freehold Grade A commercial building underwent a A$200 million refurbishment in 2020. It features a range of amenities including end-of-trip facilities, an on-site café, retail shops, and a rooftop restaurant and bar. 388 George Street comprises 37,444 sqm of premium office space and 3,654 sqm of retail space. It is fully leased to various high-quality tenants, including Cartier’s Australian flagship store. * At exchange rate of S$1.00: A$1.18 and subject to adjustments 👉Read more here: https://lnkd.in/g_ijbGrG #UOLGroup #SingLand #UOLsubsidiaries #Commercial #388GeorgeStreet #Sydney #Australia

As we step into 2025, we reflect on meaningful initiatives that made a difference. In the spirit of festive giving, UOL Corporate Communications, Investor Relations & Sustainability, Marketing Communications and PPHG Sustainability Partnerships & Asset teams organised several engaging activities that brought joy to the community. Let’s keep this momentum going and continue to do good in the year ahead! On 30 Nov and 1 Dec 2024, UOL sponsored the fourth art jamming series at United Square, featuring talented ART:DIS artist Abraham Koh. Living with dysphasia, a speech disorder and central processing challenges, he is a drawing and painting specialist. He also won the Merit award in the Emerging Artist Category (Closed) at the inaugural UOL X ART:DIS Art Prize 2023. Abraham facilitated four pin badge design art jamming sessions over two days, attended by over 60 participants. One of the workshop participants, Elana Ng, 13, said: “It’s interesting to create my own pin and do art with others, admiring each other’s designs. Abraham is patient and tells us how to do simple versions of his drawings, which are very pretty!” This was the 25-year-old artist’s first experience conducting a workshop. He shared: “I learned a lot from ART:DIS on conducting the sessions, how to express ideas and sense of colours to the children. I want to improve in communicating with them. One child told me that my artworks are the best he’d ever seen, and a parent commented on how beautiful they are. These moments made me feel energised and happy. I am thankful to UOL for the opportunity.” The December school holidays were extra special for ComLink+ participants with two activities. On 14 Dec 2024, 71 ComLink+ children and families, with 23 UOL and PPHG volunteers, gathered at SuperBowl SAFRA Toa Payoh for an afternoon of high-energy bowling. For some, it was their first time bowling, making the event truly memorable. Mr Desmond Lee, Minister-in-Charge of Social Services Integration, graced the event and mingled with attendees. The fun continued on 18 Dec 2024, when 16 children took part in an introductory robotics session sponsored by The Lab, KINEX. Using block programming and the LEGO SPIKE app, they teamed up in pairs to control their robotic cars, igniting curiosity and creativity. After the session, the children enjoyed lunch sponsored by Burger King and received goodie bags to take home. As part of the mall-wide UOL Gives Back Campaign, over 130 children from low-income families had their holiday wishes come true. Shoppers, colleagues and tenants from UOL malls contributed generously to fulfilling the requests of children from Care Corner Student Care Centres and Singapore Red Cross Young Hearts. The children's eyes lit up with joy as they received their presents in Dec 2024. These heartwarming initiatives brought smiles to everyone involved, spreading the joy of the season. A big thank you to our partners for making these experiences so memorable!

2024 has been an eventful and productive year for us, marked by our successes and accomplishments. This was only possible with our Team’s contribution, teamwork and dedication. 📌In Residential, we achieved strong sales performance. MEYER BLUE sold 57.5%, Pinetree Hill sold 76.9% and Watten House sold 86.7%, as of 30 Nov 2024. We secured timely replenishment of our landbank by acquiring two prime GLS sites: Orchard Boulevard and Holland Drive. Clavon and The Watergardens at Canberra also obtained TOP. 📌On the Commercial front, occupancy at UOL and our property subsidiary, SingLand, remained strong. Odeon obtained TOP, and the AEI for West Mall and Singapore Land Tower are well underway. We have also successfully acquired 388 George Street in Sydney and divested Stamford Court in Singapore. 📌At our hotel subsidiary PPHG, we opened Pan Pacific Jakarta and PARKROYAL Serviced Suites Jakarta at Thamrin Nine mixed-use development. We also completed the refurbishment of Pan Pacific Perth, PARKROYAL Melbourne Airport and the suites at Pan Pacific London. New hotel management agreements were signed with Hotel Higashiyama Kyoto Tokyu and Gurney Bay Hotel in Penang. 📌Sustainability remains central to our efforts. We won the Impact Enterprise Excellence Award at Sustainability Impact Awards, Top Sustainable Developer at EdgeProp Awards and Best Sustainable Developer (Asia) at PropertyGuru Grand Final. PPHG is the first hospitality group to attain the Global Sustainable Tourism Council’s multi-site certification for all local properties in Singapore and Australia. 📌Our commitment to excellence was recognised with top accolades: UOL won the Top Developer Award from EdgeProp and Best Hospitality Developer (Asia) at PropertyGuru Grand Final, PPHG was named Best Regional Hotel Chain at the TTG Travel Awards, and Pan Pacific Orchard clinched the prestigious Best Tall Building Worldwide award by the Council on Tall Buildings and Urban Habitat, and was named one of the World’s Most Beautiful Hotels at Prix Versailles for its architecture and design. 📌UOL ranked 175th on the Fortune Southeast Asia 500 and 11th out of 477 listed companies in 2024's Singapore Governance and Transparency Index. 📌Ongoing CSR efforts were recognised with multiple accolades, including the Distinguished Patron of the Arts award, Champion of Good title and Community Chest’s Charity Platinum award. We expanded support for ComLink+ families and partnered Care Corner, ART:DIS and AWWA to amplify social impact. Lastly, our deepest respect and appreciation go to late Dr Wee Cho Yaw, who served as UOL Chairman for over 50 years since 1973. He will always be remembered for his wisdom, foresight and extraordinary leadership. We will continue his legacy, driving UOL Group as a resilient and profitable company with dedicated people, committed to giving back to the society. This makes us a robust property and hospitality group, dedicated to creating value and shaping a sustainable future.