Hyflux Ltd. announced that a notice of termination dated 4 June 2020 has been received in respect of the operations and maintenance contract (the "O&M Contract") for the seawater desalination plant of 500,000 m3 /day at Magtaa, Algeria (the "Project"), by Hyflux Operation & Maintenance Algeria EURL ("HOMA"), a wholly-owned subsidiary of the Company. The notice was issued by the owner of the Project, Tahlyat Myah Magtaa ("TMM"), and specifies that HOMA has forty (40) days to cure certain purported events of default under the O&M Contract, failing which, TMM would terminate the O&M Contract.