Kelda Group's Investors

Wharfedale Hong Kong Limited

Ownership: 23.37%

Wharfedale Hong Kong Limited is a holder of 23.37% of the shares in equity of Kelda Holdings Limited

State Infrastructure Holdings 1 Pty Limited

Ownership: 12.75%

State Infrastructure Holdings 1 Pty Limited is a holder of 12.75% of the shares in the equity of Kelda Holdings Limited, acquiring the same from Citi Infrastructure Investors and Infracapital Partners LP. The ultimate investor is SAS Trustee Corporation.

Epsom Investment PTE Ltd

Ownership: 33.56%

Epsom Investment PTE Ltd is a holder of 33.56% of the shares in the equity of Kelda Holdings Limited.

Gateway HK Water Limited, Gateway HK Water II Limited and Gateway Infrastructure HK Limited

Ownership: 30.32%

Gateway HK Water Limited, Gateway HK Water II Limited and Gateway Infrastructure HK Limited (the “Gateway Entities”) together hold 30.32% of the shares in the equity of Kelda Holdings Limited. The Gateway Entities are managed by Gateway Infrastructure GP (UK) LLP.