TEHO International : Annual Report 2022

Since our establishment in 1986, TEHO Group has grown from a small, domestic rigging and mooring company to an international marine and offshore solutions provider, and a real estate developer.

As a rigging and mooring company, our focus on customer service and continuous product and staff development generated significant growth and financial stability, and led to our listing on the Singapore Exchange in 2009 as TEHO International Inc Ltd.

Since then, reflecting a commitment to deliver greater value for our stakeholders, we acquired what are now known as TEHO Engineering Pte. Ltd. and TEHO Water

• Envirotec Pte. Ltd., to supply innovative products for the Marine & Offshore Industry. At the same time, we expanded our global reach of the Group's established rope and mooring business to Europe, the Americas, China, Korea and the Middle East, through wholly- owned subsidiaries and local partnerships.

In 2014, the Group diversified its business segments into the real estate business. We now operate in the areas of property development and consultancy primarily in Singapore.

We remain committed to grow our market share and global presence in our current business segments, as well as to seek opportunities in new fields.

18

MAJOR PROPERTIES FOR DEVELOPMENT AND/OR SALE

19

CORPORATE INFORMATION

20

CORPORATE DIRECTORY

MARINE & OFFSHORE

Rigging, Mooring, Lifting & Safety Systems

• TEHO Ropes & Supplies Pte. Ltd. ("TEHO Ropes Singapore")
• TEHO International (USA), LLC ("TEHO Ropes USA")
• TEHO EuROPE B.V. ("TEHO Ropes Europe")
• TEHO (Shanghai) Co., Ltd ("TEHO Ropes China")
• TEHO Ropes Korea Co., Ltd. ("TEHO Ropes Korea")

Collectively known as "TEHO Ropes"

For over three decades, TEHO Ropes has been fulfilling the mooring and rigging needs of the Marine & Offshore and construction industries in various geographical regions. The regions/countries covered are as follows:

With these five subsidiaries, the Group is able to fulfill the mooring and rigging needs in the respective regions with our robust inventory of ropes, chains, synthetic slings and related fittings, and to ensure a quick turnaround time for our customers around the globe. Equipped with the technical expertise and knowledge of the latest industry regulations, the TEHO brand is also backed by numerous awards and certifications. TEHO has become a name that is synonymous with quality and reliability.

The Group's inventory locations around the globe enable the Group to cater to the needs of its customers, with the same quality products and exceptional services which is the hallmark of the TEHO brand. The offices in the respective regions also facilitate the Group's sales and marketing activities, and function as the sourcing and logistical arm for supplying vessels at the ports in the area.

ELECTRICAL & MECHANICAL ENGINEERING SYSTEMS

TEHO Engineering Pte. Ltd. ("TEHO Engineering")

TEHO Engineering specialises in electrical and mechanical engineering systems and solutions. We target our growing range of products and services towards safety assurance, compliance and cost efficiency according to clients' specifications.

Our range of products and services include HVAC (Heating, Ventilation and Air Conditioning), Blast Proof, Water & Outfitting systems. We are the authorised distributor and installer of these products under renowned brands like Halton, InterDam, OSO, Chromalox, STI, Meiko and many others. We also manage turnkey projects where we support clients with design engineering, compliance and onsite troubleshooting.

Our technical portfolio covers work in energy, marine & offshore, oil & gas, industrial and the government sectors. We have a solid history of prompt delivery of premium quality products accompanied by excellent services.