Hansgrohe Singapore presents the most prestigious honours to top achievers in the grand finale for the South East Asia Property Awards

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1 Press Information The bathroom fittings design leader from Germany and successful partner in prestigious developments is the Platinum Sponsor for six Property Awards in the Southeast Asian region Hansgrohe Singapore presents the most prestigious honours to top achievers in the grand finale for the South East Asia Property Awards Copyright: Hansgrohe Singapore Mr Terry Blackburn, Managing Director, Asia Property Awards; Mr Jani Rautiainen, Co-Founder at PropertyGuru - Asia's Leading Property Portal Group, Mr Francis Koh, Managing Director and Group CEO, Koh Brothers Group Limited; and Mr KC Lee, Managing Director, Hansgrohe Singapore, Platinum Sponsor (from left to right) Singapore, December In the grand finale of the Southeast Asia Property Awards presented by Hansgrohe Group on 24 November 2016, 400 senior industry executives graced the Gala Dinner & Awards Ceremony of the Southeast Asia Property Awards 2016 (Singapore). In its

2 sixth year, the ASEAN strand of the Asia Property Awards held at the esteemed Shangri-la Hotel Singapore honoured the top developers, architects and consultants in Singapore. The awards also served as the grand wrap-up to the Property Awards in South East Asia where the best industry achievers were paid tribute for their outstanding contribution to the real estate industry. As the Platinum Sponsor of the Property Awards in The Philippines, Vietnam, Malaysia, Indonesia, Thailand and Singapore in 2016, the Hansgrohe Group is privileged to have had the valuable opportunity to promote excellence in the real estate industry in the Southeast Asian region at both domestic and regional levels. This is in line with the company s commitment as one of the market leaders for bathroom fittings in the premium and luxury projects sector. With this strategic value-added partnership with the Property Awards, the Hansgrohe Group works handin-hand with the Awards to recognise the high calibre developments and outstanding contributions of the Best of the Best developers, consultants, architects and interior designers, and to motivate the key stakeholders and inspire the further growth of the property market in Southeast Asia. Property market in Southeast Asia remains largely promising in the medium and long term Southeast Asia is a diverse region, which has seen tremendous change within the last 20 years, and is an emerging economic powerhouse in Asia Pacific, offering a range of investment opportunities and a promising environment for global businesses. The total population of the ASEAN nations is expected to grow by an average of 5.5 million each year, with at least 80 million people by the year 2030, together with a fast growing middle class especially in Vietnam, Indonesia, Thailand and the Philippines. The region will also benefit from the ongoing and upcoming major infrastructure projects.

3 In his keynote speech during the Gala Dinner & Awards Ceremony, Mr KC Lee, Managing Director at Hansgrohe Singapore shared that the property market in Southeast Asia remained largely promising for the company in the medium and long term, despite a global backdrop of pressures against the economy and changing political landscapes. Emerging markets to drive property markets across Southeast Asia Mr Lee further highlighted that enabling factors such as increasing urbanisation, supported by a young, literate population of growing middle class, will continue to drive property markets across Southeast Asia. Vietnam, one of the fastest-growing economies globally, is undergoing strong developments in the property market, especially with a fast-growing middle class and the increased attraction of foreign investment. Indonesia expects a doubling of their middle-class population between the present and 2020, which presents great potential for the property market as both consumer and investor demand increase. Thailand continues to enjoy its stronghold as the top tourist destination in the world with over 32 million tourists expected this year. On top of a buoyant hospitality sector, Thailand is also experiencing an unprecedented level of demand in the luxury residential sector. Growing demand for design and quality The Hansgrohe Group, with its brands AXOR and hansgrohe, is witnessing a growing trend where savvy consumers are drawn to developments that emphasize aesthetically-pleasing designs and use of high quality material. They are also paying a lot more attention to the bathroom, which has become an increasingly important space for rejuvenation, and not merely a functional space. Mr Lee shared, Increasing aspirations for design and quality will continue to motivate property developers to keep innovating and keep raising the bar.

4 Having been honoured with over 500 design awards, and ranked 10 th in the 2016 if Awards company ranking for companies with the highest design competence, the Hansgrohe Group is also ranked above other sanitary brands. The company is renowned for manufacturing high quality bathroom fittings products which are also environmentally-sustainable. Building on German expertise and precision, AXOR and hansgrohe products undergo the highest standards of stringent quality management with sustainable production methods to ensure total value for quality developers, who are fully assured that our top quality products are synonymous with technology, innovation and great design. The Hansgrohe Group is a successful partner in various prestigious residential and hospitality developments globally, where AXOR and hansgrohe products are found in projects including the Four Seasons Milan, the Burj Khalifa in Dubai, the W Hotels in Singapore, Taipei & Bali, the Edition Hotel Bangkok Mahanakhon in Thailand, Intercontinental Hotel Danang in Vietnam, the St Regis Hotel in Kuala Lumpur, Shangri-La at the Fort Manila, the Bvlgari Resort Bali and the Gramercy Park luxury condominium in Singapore. Highest prestigious honours for top achievers in Singapore and Southeast Asia At the Gala Dinner & Awards Ceremony, Mr Francis Koh, Managing Director and Group CEO, Koh Brothers Group Limited, was honoured with the Real Estate Personality of the Year award for his achievements and exemplary leadership in the real estate industry. City Developments Limited (CDL) and its subsidiary Novel Developments were the biggest winners, having triumphed in nine categories, including the Best Luxury Condo Development for the Gramercy Park Condominium. The awardwinning project was touted for its touch of class with the distinction of luxury in a delightfully thoughtful manner through design and construct and for providing unexpected lawn space, and a layered positioning of

5 aspirational lifestyle amenities. Amongst the other awards that CDL and Novel Developments clinched were also the Best Hotel Interior Design and Best Hotel Development for the recently launched M Social Hotel, the coveted Best Developer Award and Special Recognition in Sustainable Development Award. For the Best Landscape Architectural Design (Southeast Asia), it was presented to Tanzanite International for The Hamptons Ho Tram, which had won multiple awards in the Vietnam Property Awards on 10 June At the Gala Dinner & Awards Ceremony, the Hansgrohe Group also presented to guests its latest innovative products from AXOR and hansgrohe. Guests were visibly pleased to view and experience the latest AXOR One, a minimalist masterpiece designed with renowned London designers Barber & Osgerby, the hansgrohe Talis Select basin mixers and hansgrohe ShowerSelect glass from the design leader in the bathroom fittings industry. Mr Lee said, The Hansgrohe Group celebrates its 115th year this year, and we are on target to cross the 1 Billion Euro mark in Net Sales in We are in good progress in executing in tandem, several strategic growth initiatives to achieve our 2020 mission for strong sustainable growth. The Hansgrohe Group will continue to work with the world s best designers and architects to bring leading edge designs in the bathroom and kitchen to our esteemed customers, and we look forward to many more opportunities to add value to your outstanding developments.

6 About Hansgrohe the Original from the Black Forest Hansgrohe SE is based in Schiltach, in Germany s Black Forest. In its 115-year history, it has acquired a reputation as a leading innovator in technology, design and sustainability in the sanitation industry. The mixers, showerheads and shower systems created by Hansgrohe SE are original products that make bathrooms more functional, more comfortable and more aesthetically pleasing. These quality products can be found in such prestigious venues as the luxury ocean liner Queen Mary II, London Heathrow Airport Terminal 5, the Burj Khalifa in Dubai (the world s tallest building), New York s Yoo luxury residences and the Masdar City Institute of Science and Technology in Abu Dhabi. The company and its products have been honoured with numerous awards, most recently the if Award Gold 2015, the Wallpaper* Design Award 2015 in the Category Best Domestic Product Design and the Elle Decoration International Design Award In 2015, the company s brands Axor and hansgrohe generated more than EUR 964 million in sales. Today the Hansgrohe Group employs more than 4,000 people worldwide, about 40 percent of whom work outside Germany. The company, which has a zero tolerance policy on counterfeit products and design infringements, manufactures its products in Germany, in France, the Netherlands, the USA and China. Find out more about Hansgrohe SE and its brands on: Design Leader in the Sanitation Industry In the current ranking of the International Forum Design (if), Hansgrohe SE ranks in 10th position among 2,000 listed companies. With 860 points, the Schiltachbased bathroom mixers and shower specialist outperforms brands such as Apple, Daimler and Nike and leads the design hit list in the sanitation industry.

7 For media enquiries, please contact: Winnie Quek Senior Regional Marketing Manager Hansgrohe Pte. Ltd. Tel: Isabelle Oh Senior Marketing Executive Tel:

8 Picture Overview Hansgrohe Singapore presents the most prestigious honours to top achievers in the grand finale for the South East Asia Property Awards Mr KC Lee, Managing Director, Hansgrohe Singapore, Platinum Sponsor, interviewed by Property Report Mr Terry Blackburn, Managing Director, Asia Property Awards; Mr Jani Rautiainen, Co-Founder at PropertyGuru - Asia's Leading Property Portal Group, Mr Francis Koh, Managing Director and Group CEO, Koh Brothers Group Limited; and Mr KC Lee, Managing Director, Hansgrohe Singapore, Platinum Sponsor

9 Emcee, Jamie Yeo, at the Southeast Asia Property Awards (Singapore) Mr Terry Blackburn, Managing Director, Asia Property Awards

10 Mr Lee presenting the keynote speech as a Platinum Sponsor Mr Lee presenting the Best Luxury Condo Development to CDL for Gramercy Park

11 Tanzanite International for The Hamptons Ho Tram clinched the Best Landscape Architectural Design (Southeast Asia) M Social Singapore was awarded the Best Green Development Award Copyright: We must draw your attention to the fact that we have only limited usage rights for the images provided, all further rights however belong to the respective photographers. These images may therefore only be published free of charge if they clearly and expressly serve to portray or advertise the performances, products or projects of Hansgrohe SE and/or its brands (Axor, Hansgrohe). Any other form of publication requires the approval of the respective copyright owner and remuneration must be made in agreement with said copyright owner.

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