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CSE GLOBAL LIMITED Capital/Financing Update 2025

Apr 24, 2025

67599_rns_2025-04-24_7900b49b-4876-4a01-970a-e2b57281df2c.pdf

Capital/Financing Update

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CSE Global Limited 202 Bedok South Avenue 1, Building C, #01-21, Singapore 469332 Company Registration No.: 198703851D

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NEWS RELEASE

CSE Global Secures Orders Worth US$15 Million to Provide Critical Communications Services Globally to Hyperscaler Data Centres and Offices

Singapore, 24 April 2025CSE Global Limited (“ CSE Global ” or the “ Group ”), a global systems integrator providing electrification, communications and automation solutions, today announced that its United States wholly-owned subsidiary, CSE Crosscom USA, Inc., has secured orders amounting to US$15 million (approximately S$20.1 million) to deliver critical communications services to a major data centre hyperscaler (“hyperscaler”).

The scope of work includes the engineering design, installation, and ongoing maintenance of advanced communications networks, and is slated for execution from 2025 to 2028. This involves the installation of mission-critical two-way radio systems and Distributed Antenna Systems across a range of environments, including new builds, existing data centres, and office facilities operated by the hyperscaler throughout the Americas, Asia-Pacific, and Europe regions.

Mr Lim Boon Kheng, Group Managing Director and Chief Executive Officer of CSE Global , said, “Securing these new orders with hyperscalers illustrates our ability to customise our solutions for different applications and industries, as well as the healthy demand for communications solutions within the data centre sector. As we create more synergies with recently acquired RFC Wireless, Inc., we believe there is room for further growth within this sector as demand for AI continues to rise, driven by its transformative potential across industries.”

RFC Wireless, Inc. was acquired in August 2024 as part of CSE’s strategy to expand and grow its Communications businesses in the infrastructure industry markets. In the last quarter of 2024, CSE successfully penetrate the data centre market.

These contracts are not expected to have any material impact on the consolidated net tangible assets per share or earnings per share of the Group for the current financial year. None of the directors or substantial shareholders of CSE Global has any interest, direct or indirect, in the contracts.

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CSE Global Limited 202 Bedok South Avenue 1, Building C, #01-21, Singapore 469332 Company Registration No.: 198703851D

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About CSE Global Limited (“CSE Global”)

CSE Global is a leading systems integrator providing electrification, communications, and automation solutions across various industries globally.

At CSE Global, we pride ourselves as a trusted, lifelong partner to our customers who always has their interests at heart. Leveraging our engineering experience, technology and diverse skill sets across our global network, we design and build customised, integrated systems for our clients that solve their problems.

Our integrated systems – from electrification to communications or automation systems – sit at the heart of every infrastructure and are mission-critical in nature. With highly attuned engineering capabilities at our core, we have successfully delivered complex, large-scale projects amidst the most challenging conditions. Our technologies are designed to reduce waste, allow for greener, smarter processes and are built to last.

Listed on the Singapore Exchange since 1999 and with our presence across 15 countries, 61 offices, and more than 2,000 employees across the globe, we enjoy long-standing relationships with a sizeable customer base comprising large government organisations and renowned brands.

Over the years, we have built a workplace culture and management style that is people-centric, supportive and collaborative with employee well-being and people improvement as our key focus. Our passion for our work has resulted in a consistent profit track record for the past three decades, as we continue to pursue operational excellence to achieve sustainable growth and enhanced shareholder returns.

CSE Global – Customer Satisfaction Everytime.

Visit www.cse-global.com for more information.

Media & Investor Contact Information:

CDR

Chia Hui Kheng / Sarah Tan Tel: (65) 6534 5122 Email: [email protected]