Perennial Holdings Private Limited - Annual Report 2023

OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX Parry Assisted Living Care is located in Rosyth Estate, a private residential area in the northeastern part of Singapore. The area boasts excellent connectivity, good schools, and great dining and shopping options. This area is an ideal setting for an assisted living development with an environment conducive to seniors who desire independent living. The site spans 12,921.1 square metres (“sqm”) with a maximum Gross Floor Area (“GFA”) of 18,077 sqm (194,579 sq ft). The new five-storey development will consist of a 200-unit Assisted Living Apartment (“AL”), a 100-bed Nursing Home (“NH”), a Wellness Clubhouse (“WCH”) and a Geriatric Care Centre (“GCC”). The development will also integrate with a new community park (“Park”) of approximately 1.5 hectares. This private assisted living development aims to promote seniors’ self-esteem and confidence through well-designed facilities, comprehensive care and curated social programming to empower residents to live healthier, happier and meaningful lives. AL residents have a range of options for one or two-bedroom units that feature private lifts and access to balconies, sky terraces and lush communal areas. The development caters to a diverse range of residents, including those in good health, individuals with mild dementia and seniors requiring assisted daily living and nursing capable of facilitating remote monitoring of vital signs, direct medical service bookings and meal ordering. Through this innovative application, residents at the AL will be empowered to take charge of their health and well-being. Perennial Holdings, with its in-depth experience and strong track record as owner, developer and manager of healthcare assets and as owner, operator and manager of healthcare services, is taking a multi-pronged approach to ensure the successful provision of high-quality eldercare in Singapore. With the upcoming Parry Assisted Living Care development, the Company is committed to creating a seamless transitional assisted living and nursing care model that will cater to the ageing population and set a new benchmark for quality eldercare in Singapore. PARRY ASSISTED LIVING CARE 培立道辅助生活私宅项目 Parry Assisted Living Care HEALTHCARE needs. The living environment is intentionally designed to be dementia-friendly, ensuring safety and promoting a normalised experience for residents with dementia. There are 100 beds in the nursing home, which will be single and double bedders only, thereby ensuring residents a high level of privacy. The WCH will add an enriching dimension to residents’ lives, offering thoughtfully curated wellness and active-aging activities. The GCC, to be supported by a multidisciplinary team, will serve as a one-stop medical and care destination. This will assist seniors to manage common chronic diseases such as high blood pressure, diabetes, pain and stroke. To further enhance the quality of care and connectivity, Perennial Holdings will introduce its proprietary WeCare Application (“WeCare App”) for residents to enjoy all the service offerings seamlessly. The WeCare App is 53 ANNUAL REPORT 2023

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