Insider Trades

Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): $20,300.00

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 126606441 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 52.13000000 (Deemed Interest)

Ms Du holds 35.77% of the issued ordinary shares of Champion Minds Pte. Limited, which in turns wholly-owns MindChamps Holdings Pte. Limited ("MCH"). Accordingly, for purposes of Section 4 of the Securities and Futures Act 2001 of Singapore, she is deemed to be interested in the shares of the Listed Issuer ("Shares") held by MCH. Ms Du also holds 1,710,528 Shares through Citibank Nominees Singapore Pte Ltd.

The percentage of total number of ordinary voting shares is computed based on the issued share capital of the Listed Issuer of 242,870,963 shares.

Remarks
Disposal of Securities via market transaction Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): $20,300.00 Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 126606441 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 52.13000000 (Deemed Interest)

Ms Du holds 35.77% of the issued ordinary shares of Champion Minds Pte. Limited, which in turns wholly-owns MindChamps Holdings Pte. Limited ("MCH"). Accordingly, for purposes of Section 4 of the Securities and Futures Act 2001 of Singapore, she is deemed to be interested in the shares of the Listed Issuer ("Shares") held by MCH. Ms Du also holds 1,710,528 Shares through Citibank Nominees Singapore Pte Ltd. The percentage of total number of ordinary voting shares set out in Item 8 above is computed based on the issued share capital of the Listed Issuer of 242,870,963 shares.

Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): $20,300.00

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 126606441 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 52.13000000 (Deemed Interest)

Ms Du holds 35.77% of the issued ordinary shares of Champion Minds Pte. Limited, which in turns wholly-owns MindChamps Holdings Pte. Limited ("MCH"). Accordingly, for purposes of Section 4 of the Securities and Futures Act 2001 of Singapore, she is deemed to be interested in the shares of the Listed Issuer ("Shares") held by MCH. Ms Du also holds 1,710,528 Shares through Citibank Nominees Singapore Pte Ltd.

The percentage of total number of ordinary voting shares is computed based on the issued share capital of the Listed Issuer of 242,870,963 shares.

Remarks
Acquisition of Securities via market transaction

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$10,500.00

Immediately after the transaction

No. of ordinary voting shares/units held: 70000 (Direct Interest); 126606441 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.03000000 (Direct Interest); 52.13000000 (Deemed Interest)

Ms Du holds 35.77% of the issued ordinary shares of Champion Minds Pte. Limited, which in turns wholly-owns
MindChamps Holdings Pte. Limited ("MCH"). Accordingly, for purposes of Section 4 of the Securities and
Futures Act 2001 of Singapore, she is deemed to be interested in the shares of the Listed Issuer
("Shares") held by MCH. Ms Du also holds 1,710,528 Shares through Citibank Nominees Singapore Pte Ltd.

The percentage of total number of ordinary voting shares is computed based on the issued share capital of the Listed Issuer of 242,870,963 shares.

Remarks
Increase in total number of issued Shares from 241,600,000 to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

There is no change in the number of Shares in which City Fairy Limited ("CFL") has a deemed interest. CFL is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. CFL's deemed interest via HPL: (i) Invest Learning holds 48,320,000 shares in MindChamps (ii) Invest Learning is a subsidiary of CPI (iii) CPI is a subsidiary of Cuscaden (iv) Tiga has an interest of more than 20% of Cuscaden (v) HPL is the majority shareholder of Tiga (vi) Nassim has an interest of 22.5% in HPL (vii) Nassim is a wholly-owned subsidiary of WII (viii) WII is a wholly-owned subsidiary of CFL CFL is therefore deemed to have an interest in the Shares that HPL has an interest in pursuant to Section 4 of the SFA. Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediate after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

There is no change in the number of voting shares of the Listed Issuer ("Shares") in which Nassim Developments Pte. Ltd. ("Nassim") has a deemed interest. Nassim is filing this notification form to report a change in the percentage level of its aggregate interest in the Shares from 20% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MindChamps Performance Share Plan ("MPSP"), as announced by the Listed Issuer on 28 February 2023. Nassim's deemed interest via Hotel Properties Limited ("HPL"): (i) Invest Learning Pte. Ltd. (Invest Learning) holds 48,320,000 shares in MindChamps PreSchool Limited ("Mindchamps") (ii) Invest Learning is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI") (iii) CPI is a subsidiary of Cuscaden Peak Pte. Ltd. ("Cuscaden") (iv) Tiga Stars Pte. Ltd. ("Tiga") has an interest of more than 20% of Cuscaden (v) HPL is the majority shareholder of Tiga (vi) Nassim has an interest of 22.5% in HPL Nassim is therefore deemed to have an interest in the Shares that HPL has an interest in pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore ("SFA"). Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediate after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

There is no change in the number of Shares in which WI Investments (Singapore) Pte. Ltd. ("WII") has a deemed interest. WII is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. WII's deemed interest via HPL: (i) Invest Learning holds 48,320,000 shares in MindChamps (ii) Invest Learning is a subsidiary of CPI (iii) CPI is a subsidiary of Cuscaden (iv) Tiga has an interest of more than 20% of Cuscaden (v) HPL is the majority shareholder of Tiga (vi) Nassim has an interest of 22.5% in HPL (vii) Nassim is a wholly-owned subsidiary of WII WII is therefore deemed to have an interest in the Shares that HPL has an interest in pursuant to Section 4 of the SFA. Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediate after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

There is no change in the number of Shares in which Wheelock Investments Limited ("WIL") has a deemed interest. WIL is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. WIL's deemed interest via HPL: (i) Invest Learning holds 48,320,000 shares in MindChamps (ii) Invest Learning is a subsidiary of CPI (iii) CPI is a subsidiary of Cuscaden (iv) Tiga has an interest of more than 20% of Cuscaden (v) HPL is the majority shareholder of Tiga (vi) Nassim has an interest of 22.5% in HPL (vii) Nassim is a wholly-owned subsidiary of WII (viii) WII is a wholly-owned subsidiary of CFL (ix) CFL is a wholly-owned subsidiary of WIL WIL is therefore deemed to have an interest in the Shares that HPL has an interest in pursuant to Section 4 of the SFA. Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediate after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

There is no change in the number of Shares in which Wheelock and Company Limited ("WCL") has a deemed interest. WCL is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. WCL's deemed interest via HPL: (i) Invest Learning holds 48,320,000 shares in MindChamps (ii) Invest Learning is a subsidiary of CPI (iii) CPI is a subsidiary of Cuscaden (iv) Tiga has an interest of more than 20% of Cuscaden (v) HPL is the majority shareholder of Tiga (vi) Nassim has an interest of 22.5% in HPL (vii) Nassim is a wholly-owned subsidiary of WII (viii) WII is a wholly-owned subsidiary of CFL (ix) CFL is a wholly-owned subsidiary of WIL (x) WIL is a wholly-owned subsidiary of WCL WCL is therefore deemed to have an interest in the Shares that HPL has an interest in pursuant to Section 4 of the SFA. Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediate after the change is calculated on the basis of 242,870,963 Shares.

Remarks
MindChamps PreSchool Limited granted and awarded ordinary shares in the capital of the company to eligible employees of (i) the MindChamps PreSchool Group and (ii) MindChamps Holdings Pte. Limited and its subsidiaries pursuant to the MindChamps Performance Share Plan. 1,270,963 shares were granted and the awards were vested on 1 March 2023. Following the allotment and issuance of new shares, the total number of issued shares of the Company is increased from 241,600,000 Shares to 242,870,963 shares. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89500000 (Deemed Interest)

Invest Learning Pte Ltd is the entity holding 48,320,000 shares in MindChamps PreSchool Limited, and it is fully held by Cuscaden Peak Investments Private Limited, which is in turn fully held by Cuscaden Peak Pte Ltd.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MindChamps Performance Share Plan, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

68 Holdings Pte. Ltd. holds directly 34.34% of the shares in HPL, which is in turn the majority shareholder of Tiga Stars. Tiga Stars is deemed to have an interest in the shares of MindChamps that Cuscaden Peak Pte. Ltd. ("Cuscaden") has an interest in pursuant to Section 4 of the SFA. 68 Holdings Pte. Ltd. is therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in. Tiga Stars' deemed interest via Cuscaden (i) Invest Learning Pte. Ltd. ("Invest Learning") owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI"). (iii) CPI is a subsidiary of Cuscaden. Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in. (i) Tiga Stars is a subsidiary of HPL and an associated company of Como Holdings Inc. (ii) 68 Holdings Pte. Ltd. holds directly 34.34% of the shares in HPL. (iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd. (iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MindChamps Performance Share Plan, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

Mr Ong Beng Seng is the sole shareholder of Como Holdings Inc. Como Holdings Inc is therefore an associate of Mr Ong Beng Seng. Como Holdings Inc also holds an interest of more than 20% in Tiga Stars. Tiga Stars is deemed to have an interest in the shares of MindChamps that Cuscaden Peak Pte. Ltd. ("Cuscaden") has an interest in pursuant to Section 4 of the SFA. Mr Ong Beng Seng (and for completeness, Como Holdings Inc) are therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in. Tiga Stars' deemed interest via Cuscaden (i) Invest Learning Pte. Ltd. ("Invest Learning") owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI"). (iii) CPI is a subsidiary of Cuscaden. Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in. (i) Tiga Stars is a subsidiary of Hotel Properties Limited ("HPL") and an associated company of Como Holdings Inc. (ii) 68 Holdings Pte. Ltd. holds directly 34.34% of the shares in HPL. (iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd. (iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MindChamps Performance Share Plan, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

Cuscaden Partners Pte. Ltd. is deemed to have an interest in the 34.34% of shares in HPL held by 68 Holdings Pte. Ltd.. HPL is in turn the majority shareholder of Tiga Stars. Tiga Stars is deemed to have an interest in the shares of MindChamps that Cuscaden Peak Pte Ltd ("Cuscaden") has an interest in pursuant to Section 4 of the SFA. Cuscaden Partners Pte. Ltd. is therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in. Tiga Stars' deemed interest via Cuscaden (i) Invest Learning Pte. Ltd. ("Invest Learning") owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI"). (iii) CPI is a subsidiary of Cuscaden. Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in. (i) Tiga Stars is a subsidiary of HPL and an associated company of Como Holdings Inc. (ii) 68 Holdings Pte. Ltd. holds directly 34.34% of the shares in HPL. (iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd. (iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interest in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MindChamps Performance Share Plan, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

HPL is the majority shareholder of Tiga Stars, which is deemed to have an interest in the shares of MindChamps that Cuscaden Peak Pte. Ltd. ("Cuscaden") has an interest in pursuant to Section 4 of the SFA. HPL is therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in. Tiga Stars' deemed interest via Cuscaden (i) Invest Learning Pte. Ltd. ("Invest Learning") owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI"). (iii) CPI is a subsidiary of Cuscaden. Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in. (i) Tiga Stars is a subsidiary of HPL and an associated company of Como Holdings Inc. (ii) 68 Holdings Pte. Ltd. holds directly 34.34% of the shares in HPL. (iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd. (iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MindChamps Performance Share Plan, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. HPL is in turn the majority shareholder of Tiga Stars. In addition, Mr Ong Beng Seng is the sole shareholder of Como Holdings Inc. Como Holdings Inc is therefore an associate of Mr Ong Beng Seng. Como Holdings Inc holds an interest of more than 20% in Tiga Stars. Tiga Stars is deemed to have an interest in the shares of MindChamps that Cuscaden Peak Pte. Ltd. ("Cuscaden") has an interest in pursuant to Section 4 of the SFA. Mr Ong Beng Seng is therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in. Tiga Stars' deemed interest via Cuscaden (i) Invest Learning Pte. Ltd. ("Invest Learning") owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI"). (iii) CPI is a subsidiary of Cuscaden. Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in. (i) Tiga Stars is a subsidiary of Hotel Properties Limited ("HPL") and an associated company of Como Holdings Inc. (ii) 68 Holdings Pte. Ltd. holds directly 34.34% of the shares in HPL. (iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd. (iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MindChamps Performance Share Plan, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

Tiga Stars Pte. Ltd. ("Tiga Stars") is deemed to have an interest in the shares of MindChamps that Cuscaden Peak Pte. Ltd. ("Cuscaden") has an interest in pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore ("SFA"), as Tiga Stars has an interest of more than 20% of Cuscaden. Tiga Stars' deemed interest via Cuscaden (i) Invest Learning Pte. Ltd. ("Invest Learning") owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI"). (iii) CPI is a subsidiary of Cuscaden. Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in. (i) Tiga Stars is a subsidiary of Hotel Properties Limited ("HPL") and an associated company of Como Holdings Inc. (ii) 68 Holdings Pte. Ltd. holds directly 34.34% of the shares in HPL. (iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd. (iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

Bartley does not have any direct interest in Shares. There is no change in the number of Shares in which Bartley has a deemed interest. Bartley is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20.00% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Bartley's deemed interest via Cuscaden 19.89% (i) Invest Learning owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of CPI. (iii) CPI is a subsidiary of Cuscaden. (iv) APL has an interest of more than 20% of Cuscaden. (v) APL is a subsidiary of CLA Real Estate. (vi) CLA Real Estate is a subsidiary of TJ Holdings III. (vii) TJ Holdings III is a subsidiary of Glenville. (viii) Glenville is a subsidiary of Mawson. (ix) Mawson is a subsidiary of Bartley. --------------- Total deemed interest of Bartley 19.89% ======== Cuscaden is an independently managed Temasek portfolio company. Bartley is not involved in its business or operating decisions, including those regarding its positions in Shares. (i) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited (ii) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd. (iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd. (iv) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd. (v) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares. In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

FMPL does not have any direct interest in Shares. There is no change in the number of Shares in which FMPL has a deemed interest. FMPL is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20.00% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. FMPL's deemed interest via Cuscaden 19.89% (i) Invest Learning owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of CPI. (iii) CPI is a subsidiary of Cuscaden. (iv) MFPL has an interest of more than 20% of Cuscaden. (v) MFPL is a subsidiary of GAH. (vi) GAH is a subsidiary of MIPL. (vii) MIPL is a subsidiary of FMPL. --------------- Total deemed interest of FMPL 19.89% ======== Cuscaden is an independently managed Temasek portfolio company. FMPL is not involved in its business or operating decisions, including those regarding its positions in Shares. Fullerton Management Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares. In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

Glenville does not have any direct interest in Shares. There is no change in the number of Shares in which Glenville has a deemed interest. Glenville is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20.00% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Glenville's deemed interest via Cuscaden 19.89% (i) Invest Learning owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of CPI. (iii) CPI is a subsidiary of Cuscaden. (iv) APL has an interest of more than 20% of Cuscaden. (v) APL is a subsidiary of CLA Real Estate. (vi) CLA Real Estate is a subsidiary of TJ Holdings III. (vii) TJ Holdings III is a subsidiary of Glenville. --------------- Total deemed interest of Glenville 19.89% ======== Cuscaden is an independently managed Temasek portfolio company. Glenville is not involved in its business or operating decisions, including those regarding its positions in Shares. (i) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited (ii) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd. (iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd. (iv) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd. (v) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares. In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

Mawson does not have any direct interest in Shares. There is no change in the number of Shares in which Mawson has a deemed interest. Mawson is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20.00% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Mawson's deemed interest via Cuscaden 19.89% (i) Invest Learning owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of CPI. (iii) CPI is a subsidiary of Cuscaden. (iv) APL has an interest of more than 20% of Cuscaden. (v) APL is a subsidiary of CLA Real Estate. (vi) CLA Real Estate is a subsidiary of TJ Holdings III. (vii) TJ Holdings III is a subsidiary of Glenville. (viii) Glenville is a subsidiary of Mawson. --------------- Total deemed interest of Mawson 19.89% ======== Cuscaden is an independently managed Temasek portfolio company. Mawson is not involved in its business or operating decisions, including those regarding its positions in Shares. (i) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited (ii) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd. (iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd. (iv) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd. (v) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares. In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

TJ Holdings III does not have any direct interest in Shares. There is no change in the number of Shares in which TJ Holdings III has a deemed interest. TJ Holdings III is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20.00% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. TJ Holdings III's deemed interest via Cuscaden 19.89% (i) Invest Learning owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of CPI. (iii) CPI is a subsidiary of Cuscaden. (iv) APL has an interest of more than 20% of Cuscaden. (v) APL is a subsidiary of CLA Real Estate. (vi) CLA Real Estate is a subsidiary of TJ Holdings III. --------------- Total deemed interest of TJ Holdings III 19.89% ======== Cuscaden is an independently managed Temasek portfolio company. TJ Holdings III is not involved in its business or operating decisions, including those regarding its positions in Shares. (i) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited (ii) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd. (iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd. (iv) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd. (v) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares. In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

Temasek does not have any direct interest in Shares. There is no change in the number of Shares in which Temasek has a deemed interest. Temasek is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20.00% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MindChamps Performance Share Plan ("MPSP"), as announced by the Listed Issuer on 28 February 2023. Temasek's deemed interest via Cuscaden 19.89% (i) Invest Learning Pte. Ltd. ("Invest Learning") owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI"). (iii) CPI is a subsidiary of Cuscaden. In respect of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III"): (iv) Adenium Pte. Ltd. ("APL") has an interest of more than 20% of Cuscaden. (v) APL is a subsidiary of CLA Real Estate Holdings Pte. Ltd. ("CLA Real Estate"). (vi) CLA Real Estate is a subsidiary of TJ Holdings III. (vii) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville"). (viii) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson"). (ix) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley"). (x) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu"). (xi) Tembusu is a subsidiary of Temasek. In respect of Fullerton Management Pte Ltd ("FMPL"): (xii) Mapletree Fortress Pte. Ltd. ("MFPL") has an interest of more than 20% of Cuscaden. (xiii) MFPL is a subsidiary of Gemstone Asset Holdings Pte. Ltd. ("GAH"). (xiv) GAH is a subsidiary of Mapletree Investments Pte. Ltd. ("MIPL"). (xv) MIPL is a subsidiary of FMPL. (xvi) FMPL is a subsidiary of Temasek. --------------- Total deemed interest of Temasek 19.89% ======== Cuscaden is an independently managed Temasek portfolio company. Temasek is not involved in its business or operating decisions, including those regarding its positions in Shares. (i) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited (ii) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd. (iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd. (iv) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd. (v) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd. (iv) Fullerton Management Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares. In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding.

Remarks
Increase in total number of issued Shares from 241,600,000 Shares to 242,870,963 Shares pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89000000 (Deemed Interest)

Tembusu does not have any direct interest in Shares. There is no change in the number of Shares in which Tembusu has a deemed interest. Tembusu is filing this notification form to report a change in the percentage level of its aggregate interest in Shares from 20.00% to 19.89% due to an increase in the total number of issued Shares (excluding treasury shares) pursuant to the allotment and issuance of 1,270,963 new Shares arising from Share awards under the MPSP, as announced by the Listed Issuer on 28 February 2023. Tembusu's deemed interest via Cuscaden 19.89% (i) Invest Learning owns 20% of the shares of MindChamps. (ii) Invest Learning is a subsidiary of CPI. (iii) CPI is a subsidiary of Cuscaden. (iv) APL has an interest of more than 20% of Cuscaden. (v) APL is a subsidiary of CLA Real Estate. (vi) CLA Real Estate is a subsidiary of TJ Holdings III. (vii) TJ Holdings III is a subsidiary of Glenville. (viii) Glenville is a subsidiary of Mawson. (ix) Mawson is a subsidiary of Bartley. (x) Bartley is a subsidiary of Tembusu. --------------- Total deemed interest of Tembusu 19.89% ======== Cuscaden is an independently managed Temasek portfolio company. Tembusu is not involved in its business or operating decisions, including those regarding its positions in Shares. (i) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited (ii) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd. (iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd. (iv) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd. (v) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd. The percentage of interest immediately before the change is calculated on the basis of 241,600,000 Shares. The percentage of interest immediately after the change is calculated on the basis of 242,870,963 Shares. In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding.

Remarks
MindChamps PreSchool Limited granted and awarded ordinary shares in the capital of the company to eligible employees of (i) the MindChamps PreSchool Group and (ii) MindChamps Holdings Pte. Limited and its subsidiaries pursuant to the MindChamps Performance Share Plan. 1,270,963 shares were granted and the awards were vested on 1 March 2023. Following the allotment and issuance of new shares, the total number of issued shares of the Company is increased from 241,600,000 Shares to 242,870,963 shares. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.89500000 (Deemed Interest)

Invest Learning Pte Ltd is the entity holding 48,320,000 shares in MindChamps PreSchool Limited, and it is fully held by Cuscaden Peak Investments Private Limited. Invest Learning Pte Ltd is the entity holding 48,320,000 shares in MindChamps PreSchool Limited, and it is fully held by Cuscaden Peak Investments Private Limited.

Remarks
MindChamps PreSchool Limited granted and awarded ordinary shares in the capital of the company to eligible employees of (i) the MindChamps PreSchool Group and (ii) MindChamps Holdings Pte. Limited and its subsidiaries pursuant to the MindChamps Performance Share Plan. 1,270,963 shares were granted and the awards were vested on 1 March 2023. Following the allotment and issuance of new shares, the total number of issued shares of the Company is increased from 241,600,000 Shares to 242,870,963 shares.

Immediately after the transaction

No. of ordinary voting shares/units held: 483200000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 19.89500000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the Shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:
(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

Tiga has an interest of more than 20% of Cuscaden. HPL is the majority shareholder of Tiga. HPL is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA.

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WII which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is therefore deemed to have an interest in the shares of MindChamps that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On 29 April 2022 ("Effective Date"), the proposed acquisition by Cuscaden Peak Pte. Ltd ("Cuscaden") of all the issued and paid-up ordinary shares ("Shares") of Singapore Press Holdings Limited ("SPH") by way of a scheme of arrangement ("Scheme") (as set out in the composite document despatched on 28 February 2022 to the shareholders of SPH ("Shareholders")) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps PreSchool Limited ("MindChamps") arises as follows:
(i) Invest Learning Pte. Ltd. ("Invest Learning") owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

Tiga Stars Pte. Ltd. ("Tiga") has an interest of more than 20% of Cuscaden. Hotel Properties Limited ("HPL") is the majority shareholder of Tiga. HPL is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore ("SFA").

Nassim Developments Pte. Ltd. ("Nassim") has an interest of 22.5% in HPL, Nassim is therefore deemed to have an interest in the shares of MindChamps that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the Shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:
(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

Tiga has an interest of more than 20% of Cuscaden. HPL is the majority shareholder of Tiga. HPL is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA.

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. ("WII"). WII is therefore deemed to have an interest in the shares of MindChamps that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the Shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:
(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

Tiga has an interest of more than 20% of Cuscaden. HPL is the majority shareholder of Tiga. HPL is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA.

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WII. WII is a wholly-owned subsidiary of CFL which in turn is a wholly-owned subsidiary of Wheelock Investments Limited (WIL"). WIL is therefore deemed to have an interest in the shares of MindChamps that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the Shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:
(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

Tiga has an interest of more than 20% of Cuscaden. HPL is the majority shareholder of Tiga. HPL is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA.

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WII. WII is a wholly-owned subsidiary of CFL which in turn is a wholly-owned subsidiary of WIL. WIL is a wholly-owned subsidiary of Wheelock and Company Limited ("WCL"). WCL is therefore deemed to have an interest in the shares of MindChamps that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the issued and paid-up ordinary shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the Shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:

(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

68 Holdings Pte. Ltd. holds directly 34.35% of the shares in HPL, which is in turn the majority shareholder of Tiga Stars. Tiga Stars is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA. 68 Holdings Pte. Ltd. is therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in.

(i) Tiga Stars is a subsidiary of HPL and an associated company of Como Holdings Inc.
(ii) 68 Holdings Pte. Ltd. holds directly 34.35% of the shares in HPL.
(iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd.
(iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On 29 April 2022 ("Effective Date"), the proposed acquisition by Cuscaden Peak Pte. Ltd. ("Cuscaden") of all the issued and paid-up ordinary shares of Singapore Press Holdings Limited ("SPH") by way of a scheme of arrangement ("Scheme") (as set out in the composite document despatched on 28 February 2022 to the shareholders of SPH ("Shareholders")) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps PreSchool Limited ("MindChamps") arises as follows:

(i) Invest Learning Pte. Ltd. ("Invest Learning") owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

Adenium Pte. Ltd. ("Adenium") is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore ("SFA"), as Adenium has an interest of more than 20% of Cuscaden.

Adenium is a wholly-owned subsidiary of CLA Real Estate Holdings Pte. Ltd. ("CLA").

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

Bartley Investments Pte. Ltd. ("Bartley") does not have any direct interest in the shares of MindChamps.

Bartley is filing this notice to report its deemed interest in 20% of the shares of MindChamps as a result of the Scheme.

Bartley is deemed to have an interest in the shares of MindChamps through Cuscaden as follows:
(i) Invest Learning owns 20% of the shares of MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in 1,617,010,890 SPH Shares on the Effective Date. The SPH Shares will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.
(iv) APL has an interest of more than 20% of Cuscaden.
(v) APL is a subsidiary of CLA.
(vi) CLA is a subsidiary of TJ(III).
(vii) TJ(III) is a subsidiary of Glenville.
(viii) Glenville is a subsidiary of Mawson.
(ix) Mawson is a subsidiary of Bartley.

Total deemed interest of Bartley 20%

(i) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd.
(ii) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd.
(iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd.
(iv) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd.
(v) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage of interest is calculated on the basis of 241,600,000 shares.

In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the issued and paid-up ordinary shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the Shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:

(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

CLA is the sole shareholder of Adenium, which is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA. CLA is therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in.

Adenium is a wholly-owned subsidiary of CLA.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the issued and paid-up ordinary shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the Shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:

(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

Mr Ong Beng Seng is the sole shareholder of Como Holdings Inc. Como Holdings Inc is therefore an associate of Mr Ong Beng Seng. Como Holdings Inc also holds an interest of more than 20% in Tiga Stars. Tiga Stars is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA. Mr Ong Beng Seng (and for completeness, Como Holdings Inc) are therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in.

(i) Tiga Stars is a subsidiary of Hotel Properties Limited ("HPL") and an associated company of Como Holdings Inc.
(ii) 68 Holdings Pte. Ltd. holds directly 34.35% of the shares in HPL.
(iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd.
(iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the issued and paid-up ordinary shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the Shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:

(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

Cuscaden Partners Pte. Ltd. is deemed to have an interest in the 34.35% of shares in HPL held by 68 Holdings Pte. Ltd.. HPL is in turn the majority shareholder of Tiga Stars. Tiga Stars is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA. Cuscaden Partners Pte. Ltd. is therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in.

(i) Tiga Stars is a subsidiary of HPL and an associated company of Como Holdings Inc.
(ii) 68 Holdings Pte. Ltd. holds directly 34.35% of the shares in HPL.
(iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd.
(iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interest in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

Fullerton Management Pte Ltd ("Fullerton") does not have any direct interest in the shares of MindChamps.

Fullerton is filing this notice to report its deemed interest in 20% of the shares of MindChamps as a result of the Scheme.

Fullerton is deemed to have an interest in the shares of MindChamps through Cuscaden as follows:
(i) Invest Learning owns 20% of the shares of MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in 1,617,010,890 SPH Shares on the Effective Date. The Shares will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.
(iv) Mapletree Fortress Pte. Ltd. ("MFPL") has an interest of more than 20% of Cuscaden.
(v) MFPL is a subsidiary of Gemstone Asset Holdings Pte. Ltd. ("GAH").
(vi) GAH is a subsidiary of Mapletree Investments Pte. Ltd. ("MIPL").
(vii) MIPL is a subsidiary of Fullerton.

Total deemed interest of Fullerton 20%

Fullerton Management Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the issued and paid-up ordinary shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the Shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:

(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

GAH is the sole shareholder of MFPL, which is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA. GAH is therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in.

(i) MFPL is a wholly-owned subsidiary of GAH.
(ii) GAH is a wholly-owned subsidiary of MIPL.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

Glenville Investments Pte. Ltd. ("Glenville") does not have any direct interest in the shares of MindChamps.

Glenville is filing this notice to report its deemed interest in 20% of the shares of MindChamps as a result of the Scheme.

Glenville is deemed to have an interest in the shares of MindChamps through Cuscaden as follows:
(i) Invest Learning owns 20% of the shares of MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in 1,617,010,890 SPH Shares on the Effective Date. The SPH Shares will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.
(iv) APL has an interest of more than 20% of Cuscaden.
(v) APL is a subsidiary of CLA.
(vi) CLA is a subsidiary of TJ(III).
(vii) TJ(III) is a subsidiary of Glenville.

Total deemed interest of Glenville 20%

(i) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd.
(ii) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd.
(iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd.
(iv) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd.
(v) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage of interest is calculated on the basis of 241,600,000 shares.

In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 48320000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)

On the Effective Date, the proposed acquisition by Cuscaden of all the issued and paid-up ordinary shares of SPH by way of the Scheme (as set out in the composite document despatched on 28 February 2022 to the Shareholders) became effective in accordance with its terms.

Cuscaden's deemed interest in the shares of MindChamps arises as follows:

(i) Invest Learning owns 20% of shares in MindChamps.
(ii) SPH owns 100% of Invest Learning.
(iii) Cuscaden is deemed interested in all 1,617,010,890 shares of SPH on the Effective Date. The shares of SPH will be legally transferred to Cuscaden upon Shareholders receiving payment of the scheme consideration, which is expected to take place on 12 May 2022.

Cuscaden is therefore deemed to be interested in the shares of MindChamps that Invest Learning has an interest in.

HPL is the majority shareholder of Tiga Stars, which is deemed to have an interest in the shares of MindChamps that Cuscaden has an interest in pursuant to Section 4 of the SFA. HPL is therefore deemed to be interested in the shares of MindChamps that Cuscaden has an interest in.

(i) Tiga Stars is a subsidiary of HPL and an associated company of Como Holdings Inc.
(ii) 68 Holdings Pte. Ltd. holds directly 34.35% of the shares in HPL.
(iii) Cuscaden Partners Pte. Ltd. is deemed to have an interest in the shares held by 68 Holdings Pte. Ltd.
(iv) Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68 Holdings Pte. Ltd., his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of Como Holdings Inc.

The percentage shareholdings above are computed based on 241,600,000 shares in issue (excluding treasury shares) based on publicly available information. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.