Employee Stock Option/ Share Scheme::Notice of Transfer of Treasury Shares

NOTICE OF TRANSFER OF TREASURY SHARES

Pursuant to Rule 704(28) of the Listing Manual of the Singapore Exchange Securities Trading Limited, SATS Ltd. wishes to announce the following details on the transfer of treasury shares:

(a)	Date of transfer	1 July 2021
(b)	Purpose of such transfer	For settlement of vested awards
		under SATS' Share Plans
(c)	Number of treasury shares transferred	1,893,100
(d)	Number of treasury shares before and after	Before change	4,362,955
	such transfer
	After change	2,469,855
(e)	Percentage of the number of treasury shares	Before change	0.3890
	against the total number of shares outstanding
	in a class that is listed before and after such	After change	0.2202
	transfer:
(f)	Value of the treasury shares transferred	S$8,165,997.67

Date: 1 July 2021

SATS Ltd. 新翔集团有限公司

P.O. Box 3 Singapore Changi Airport Singapore 918141 邮政信箱 3 号 新加坡樟宜国际机场 新加坡 918141

sats.com.sg

Co. Reg. No. 197201770G