Employee Stock Option/ Share Scheme::GRANT OF AWARD OF SHARES PURSUANT TO THE RSP2020

SINGAPORE TECHNOLOGIES ENGINEERING LTD

(Co. Regn. No. 199706274H)

GRANT OF CONTINGENT AWARD OF SHARES PURSUANT TO THE

SINGAPORE TECHNOLOGIES ENGINEERING RESTRICTED SHARE PLAN 2020

In accordance with Rule 704(29) of the Listing Manual, Singapore Technologies Engineering Ltd (the "Company") hereby announces the details of the grant of award of ordinary shares pursuant to the Singapore Technologies Engineering Restricted Share Plan 2020 ("RSP2020") in the capital of the Company.

	a	Date of Award under the RSP2020	15 September 2021
	b	Number of Shares of the Award granted under RSP2020	392,383
	c	Market price of each share under the Award on the date of	$3.760
		grant
	d	Number of shares granted to each director under the Award	Nil
	e	Validity Period of the Award	1/3 vesting from
			2022 to 2024
Singapore,
15 September 2021