Directors’ Statement Directors’ Statement We are pleased to submit this directors’ statement to the member of Perennial Holdings Private Limited (the “Company”) and its subsidiaries (the “Group”) together with the audited financial statements for the financial year ended 31 December 2025. In our opinion: (a) the financial statements set out on pages 6 to 98 are drawn up so as to give a true and fair view of the consolidated financial position of the Group and the financial position of the Company as at 31 December 2025 and the consolidated financial performance, consolidated changes in equity and consolidated cash flows of the Group for the year ended on that date in accordance with the provisions of the Singapore Companies Act 1967 (the “Companies Act”) and Singapore Financial Reporting Standards (International); and (b) at the date of this statement and as disclosed in Note 2, there are reasonable grounds to believe that the Company will be able to pay its debts as and when they fall due. The Board of Directors has, on the date of this statement, authorised these financial statements for issue. DIRECTORS The Directors of the Company in office at the date of this statement are: Pua Seck Guan Ron Sim Fang Fenglei Kuok Khoon Hong Teo La-Mei Noorsurainah Tengah Suwatchai Songwanich (Appointed on 5 February 2026) Yang Huanan (Alternate Director to Fang Fenglei) (Appointed on 10 December 2025) Lau Teck Sien (Alternate Director to Noorsurainah Tengah) Chanond Sophonpanich (Appointed on 10 February 2026) (Alternate Director to Suwatchai Songwanich) ARRANGEMENTS TO ENABLE DIRECTORS TO ACQUIRE SHARES AND DEBENTURES Neither at the end of, nor at any time during the financial year, was the Company a party to any arrangement whose objects are, or one of whose objects is, to enable the Directors of the Company to acquire benefits by means of the acquisition of shares in or debentures of the Company or any other body corporate. DIRECTORS’ INTERESTS IN SHARES AND DEBENTURES The Directors of the Company have obtained the consent from its member, for relief from requirements of Section 201(16) of the Companies Act and paragraph 9 of the Twelfth Schedule of the Companies Act relating to the form and content of financial statements and Directors’ statement under the Companies (Relief for Company Directors under Section 202(2)) Order 2024. SHARE OPTIONS During the financial year, there were: (i) no options granted by the Company or its subsidiaries to any person to take up unissued shares in the Company or its subsidiaries; and (ii) no shares issued by virtue of any exercise of options to take up unissued shares of the Company or its subsidiaries. As at the end of the financial year, there were no unissued shares of the Company or its subsidiaries under option. AUDITORS Ernst & Young LLP have expressed their willingness to accept re-appointment as auditor. On behalf of the Board of Directors Pua Seck Guan Director Kuok Khoon Hong Director 20 March 2026 OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX 163 162 PERENNIAL HOLDINGS PRIVATE LIMITED ANNUAL REPORT 2025
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