Trust Structure

Notes:

1 On 1 July 2016, Keppel Capital Holdings Pte. Ltd. (Keppel Capital) became the shareholder of Keppel Infrastructure Fund Management Pte. Ltd. pursuant to Keppel Corporationís consolidation of its asset management businesses under Keppel Capital.

2 Keppel Energy Pte Ltd holds the remaining 49% equity interest in Keppel Merlimau Cogen.

3 Osaka Gas Singapore Pte. Ltd. holds the remaining 49% equity interest in City-OG.

4 Hyflux Ltd holds the remaining 30% equity interest in SingSpring.

5 WDC Development Pte. Ltd. holds the remaining 49% equity interest in DataCentre One.

6 The above Unitholdings are as at 31 December 2016.

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