References are made to the announcements of the Seazen Group Limited both dated June 4, 2020 in relation to the company's issuance of $400,000,000 6.45% senior notes due 2022 . Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcements. The 2022 Notes matured on June 11, 2022.

The Board announces that the Company has repaid the 2022 Notes in full in aggregate principal amount with accrued interests before the Maturity Date. Upon the completion of repayment, no 2022 Notes are outstanding as at the date of this announcement. The 2022 Notes will be cancelled and delisted from the official list of the Singapore Exchange Securities Trading Limited.