Keppel Corporation Limited announce that it has, through its wholly-owned subsidiary, Keppel Renewable Energy Pte. Ltd. incorporated the following wholly-owned subsidiaries: Name: Portland Yeongam Co. Ltd. Company Registration no.: 110111-8359427 Place of Incorporation: South Korea Issued and Paid-up Capital: KRW 260,000,000 Principal activities: Development, establishment and operation of renewable energy generation and storage system Name: Omaha Naju Co.

Ltd. Company Registration no.: 110111-8357554 Place of Incorporation: South Korea Issued and Paid-up Capital: KRW 290,000,000 Principal activities: Development, establishment and operation of renewable energy generation and storage system.