EINDEC CORPORATION LIMITED ANNUAL

Letter to Shareholders

LETTER TO SHAREHOLDERS Terminal 5 development, the expansion of the Marina Bay I am equally thankful to our stakeholders, including our Sands Integrated Resort, the New Tengah General and customers, business partners, bankers, and shareholders, Community Hospital, the Downtown Line 2 Extension, and for their continued support and trust. We remain committed the Thomson-East Coast Line Extension.1 to enhancing our clean air environmental businesses through technological enhancements as we navigate In spite of the macroeconomic challenges, including current macroeconomic challenges and strive to deliver geopolitical uncertainties, rising operational costs, and sustainable long-term growth for all our stakeholders. intensified competition from international players, the Group remains cautiously optimistic. In particular, the Group aims to capitalise on favourable conditions in the HVAC and CRE segments, leveraging our expertise in clean air environmental solutions and services to enhance energy efficiency and reduce operational costs for customers. ZHANG WEI Executive Chairman and Chief Executive Officer Acknowledgments and Appreciation On behalf of the Board, I would like to express my gratitude to the management and employees for their dedication and efforts during FY2025. I would also like to extend my appreciation to our fellow Directors for their support, especially our former Board members, Mr. Wong Chee Meng Lawrence and Mr. Jeffrey Ong Shen Chieh, who retired as Directors of the Company at the conclusion of the Company’s annual general meeting held on 24 April 2025. Additionally, we warmly welcome Mr. Chong Eng Wee, who joined the Board on 23 July 2025. References: 1 Steady Construction Demand In 2026 As Singapore Steps Up Support For Built Environment Firms Through Collaboration And Innovation https://www1.bca.gov.sg/about-us/news-and- publications/media-releases/2026/01/22/ steady-construction-demand-in-2026-as- singapore-steps-up-support-for-built-environment- firms-through-collaboration-and-innovation 06 / EINDEC CORPORATION LIMITED / ANNUAL REPORT 2025 OPERATIONS REVIEW The heightened geopolitical and trade tensions, The Group’s goal for FY2025 was to maintain resilience coupled with US tariff hikes, continue to cast while supporting clients who postponed project uncertainty over the global economy and business schedules and reduced capital expendit