With a clear commitment to helping cities address their evolving challenges, we continued to focus on strengthening our technology leadership, delivering next-generation smart city solutions that integrate advanced technologies including AI and GenAI to strengthen our competitive differentiation and value proposition As part of our market expansion efforts, we introduced AGIL® Bus Rapid Transit, an integrated suite of smart mobility solutions that combine the best attributes of rail and bus systems. Operating on designated road lanes, it ensures high capacity, seamless and sustainable mass transit for urban commuters. To stay at the forefront of the industry, we enhanced our smart metro solutions with 5G capabilities, enabling customers to accelerate rail infrastructure modernisation, improve efficiency and passenger service while positioning them for a 5G-enabled future. Our AGIL® Pay suite features a comprehensive, state-of-the-art account-based ticketing back office that delivers an end-to-end payment solution, from station validators and fare gates through to the back office. The suite now also includes contactless palm biometric authentication technology and an AI-powered travel journey assistant to elevate the passenger experience. We won contracts exceeding $175m from Singapore’s Land Transport Authority (LTA) to modernise the nation’s public bus fleet and operations. This comprehensive initiative, covering 5,800 public buses, includes significant upgrades to the bus fleet management system, fare collection, as well as power and communication systems, with completion targeted for 2027. TransCore maintained strong business momentum, winning contracts across tolling systems, back-office solutions, customer service operations and RFID products in the U.S. and the Middle East. One of the highlights was a contract to design and install a barrier-free smart car park solution at the Dubai Mall. Integrating car park technology from our Smart Mobility business with TransCore’s traffic toll system technology used on regional Salik roadways in Dubai, the innovative solution enables ticketless parking fee collection. TransCore also secured its first tolling contract in Southeast Asia since it became part of the Group in 2022. AGIL® Pay suite, enhanced with contactless palm reader technology, provides accurate detection, validation and payment deductions for seamless passenger experience. DID YOU KNOW? Our Mobility team played a key role in developing Singapore’s first Traffic Priority System (TPS). Using vehicle-to-everything technology, TPS grants emergency ambulances priority passage at designated traffic junctions near public hospitals, ensuring the safe and expeditious transport of emergency patients for swift medical attention. 39 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT
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