ST Engineering Annual Report 2024

Amidst a rapidly evolving global security landscape and accelerating digital transformation, our focus remained on delivering superior performance, enhancing operational efficiency and ensuring sustainable value creation for our stakeholders Our new data centre, which will be completed in 2026, will further strengthen our digital business offerings in Cloud, AI Analytics and Cybersecurity. and Southeast Asia, including the Singapore University of Technology and Design, for the creation, testing and integration of a 5G testbed. These innovations were among more than 20 AI-powered solutions that were showcased during the Group’s annual InnoTech Conference. Attended by over 2,000 participants, prominent tech speakers and captains of industry, the conference is establishing itself as a much anticipated event in the industry. Amidst evolving challenges like data security, scalability, and flexible IT demand, our Digital Systems business excels in delivering secure, high-performance private cloud solutions. Leveraging expertise in mission-critical systems and hybrid multi-cloud infrastructures, we provided seamless integration across edge, public and private cloud environments for secure data storage, multi-cloud management, critical application hosting and disaster recovery, all while meeting strict security standards. DIGITAL SYSTEMS & CYBER The Digital Systems business achieved several significant milestones across its business segments, including Cloud, Software & AI and Cybersecurity. These achievements included the establishment of new facilities, the introduction of new products and advancements in innovation. We broke ground for a fourth data centre located in Jalan Boon Lay, Singapore, further strengthening our digital business offerings in Cloud, AI Analytics and Cybersecurity. To be completed in 2026, the new seven-storey facility will increase the Group’s total IT capacity to more than 30MW across four locations in Singapore. The facility is designed for future AI and GPU-based workloads. Addressing some of the most pressing needs for businesses and critical sectors, we launched several new products and new AI-enabled applications including AGIL® Trust for advanced fraud and deepfake detection and Merlin AI Assistant for guided crime analysis, as well as for realtime emergency response and the optimisation of hospital operations and resources. Another innovation is the new 5G System-on-Chip (SoC) Small Cell which offers both 5G cellular and Wi-Fi 7 technologies to deliver high speed, low latency and reliable connectivity in a single compact device. The 5G SoC Small Cell has already secured customers in Singapore DID YOU KNOW? AGIL® Trust is an advanced AI-driven solution designed to identify deepfakes and combat misinformation in real-time. Scalable, efficient, and easy to integrate, AGIL® Trust can be applied across business sectors to detect manipulated content across video, audio and text formats, providing enhanced security for its users. 33 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT

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