Quantium Solutions Partners HUBBED to Make Online Shopping and Parcel Delivery Even More Convenient for Customers in Australia

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1 For Immediate Release Quantium Solutions Partners HUBBED to Make Online Shopping and Parcel Delivery Even More Convenient for Customers in Australia Quantium Solutions (Australia) Pty Ltd, has invested in a 30 per cent equity position for A$4.3 million in HUBBED Working with CouriersPlease and HUBBED, SingPost is providing e-shoppers in Australia greater convenience and more choices - they can be served with door-to-door parcel delivery or self-collect / drop-off their parcels from a newsagent near them Singapore, 17 June 2015 Quantium Solutions (Australia) Pty Ltd is making its ecommerce delivery service to Australian customers even more convenient and flexible so as to further enhance online shopping experience through a new partnership with HUBBED Holdings Pty Ltd ( HUBBED ) of Balmain, New South Wales. Quantium Solutions (Australia) Pty Ltd, which is wholly owned by SingPost Group, will invest in 30 per cent of HUBBED for A$4.3 million. HUBBED, a one-stop ecommerce service aggregator, has built a network of some 680 newsagents to provide a parcel delivery service in every major city across Australia. To heighten customer convenience, HUBBED will also be offering parcel drop-offs and sale of delivery products in the near future. Page 1 of 5

2 Dr Sascha Hower, CEO of Quantium Solutions said: Ecommerce is all about having multichannels - for speed and getting parcels to customers at the times that suit them. People in Australia are busy and active, and working professionals won t be home during work hours to receive their parcels. We want to make their lives easier by offering them flexibility - through CouriersPlease, they enjoy a nationwide door-to-door delivery service across Australia. Now with this partnership with HUBBED, Australians get another level of flexibility - they can collect their parcels through one of the many newsagents in the HUBBED network. HUBBED s newsagents are a traditional feature of many suburbs and communities. They are super-friendly, close late and are open on weekends. Customers will now have more choice as they can pick up their parcels any time and at their own convenience. Dr Hower, who is also Group Chief Operating Officer of SingPost, continued: We are investing to develop an ecommerce ecosystem to provide seamless access to customers in Australia, and growing markets in Asia Pacific. The ecosystem comprises end-to-end solutions from warehousing to convenient touchpoints, flexible doorstep delivery and track and trace features. This partnership with HUBBED, which complements CouriersPlease, will help strengthen our ecommerce last mile capability in the regional ecommerce logistics value chain in the region. Mr David Mclean, CEO and Founder of HUBBED, said: HUBBED is excited to be working with SingPost. We firmly believe there is a better way for consumers to experience ecommerce. This partnership is critical to us delivering on that objective. Our network of some 680 newsagents is set to grow rapidly with this investment which will provide our customers with access to even more ecommerce markets worldwide. In Australia, this will result in more parcels moving through the network and an expansion of our customer base. There are more products to come from HUBBED so do stay tuned. Singapore Post, alongside CouriersPlease and The Australian Newsagents Federation are key parts of our strategy. We have worked closely with Newsagents to build the HUBBED platform which has allowed them to expand beyond parcel services to provide a wide range of other products and services like bill payments and energy referrals. This, I believe, will transform the perception of exactly what these great retailers have to offer, he added. On the prospects for the growth of ecommerce in Australia, Mr Mclean said: Simply put its growth and more growth. The Australian Bureau of Statistics tells us that Aussies spent some A$10 billion in 2012 through online purchases and this is set to grow by more than three times to pass A$36 billion by emarketer Page 2 of 5

3 Among other partners, HUBBED will continue to work with Couriers Please Holdings Pty Ltd, which is owned by Quantium Solutions. CouriersPlease has extensive last-mile coverage across Australia with depots in Eastern and Southern Australia. It has a network of over 600 franchisees nationwide, enabling SingPost to provide end-to-end solutions across ecommerce, forwarding, warehousing and delivery in Australia. Please note that the contents of this news release should be read in conjunction with the full disclosure made by the Company which can be found - END - Page 3 of 5

4 About Quantium Solutions Quantium Solutions, a subsidiary of the Singapore Post Group, specialises in logistics and fulfilment services to businesses within the Asia Pacific region. It offers one-stop service from pick-up services to warehousing, pick and pack, inventory management, last mile delivery, to returns management and more. It also offers mail solutions such as mailroom management. With an established network in 12 countries within the Asia Pacific region and access to more than 220 countries/territories, Quantium Solutions provides businesses with a comprehensive range of services to suit its customers needs and budgets. Quantium Solutions last mile delivery capabilities include CouriersPlease, one of Australia's leading metropolitan small parcel delivery businesses. To meet the diverse and growing needs of its regional e-commerce customers, Quantium Solutions has been investing considerably into facilities, technology and process improvements and also introduced innovative solutions such as EzyFulfilment. Quantium Solutions leverages competencies within its parent company Singapore Post Ltd, to deliver the best value-add solutions to its customers. Quantium Solutions is headquartered in Singapore and has operations in 45 cities in the following nine other countries in Asia Pacific: Australia, Hong Kong, India, Japan, Malaysia, New Zealand, Philippines, Taiwan and Thailand. To learn more about Quantium Solutions, please visit About SingPost s subsidiaries and businesses. These include: SP ecommerce ( an ecommerce enabler that provides brands and retailers with integrated end-to-end ecommerce solutions Quantium Solutions ( which specialises in logistics and fulfilment services to businesses in the Asia Pacific region CouriersPlease ( a leading nationwide ecommerce courier service provider in Australia delivering exceptional experiences Lock+Store ( a self-storage operator in Singapore, Hong Kong and Malaysia Famous Holdings ( an established freight consolidator and freightforwarder with a regional presence in 7 countries Singapore Parcel ( a leading provider for courier service in Singapore and international shipping to more than 200 destinations across the globe vpost ( one of the largest online shopping and shipping services providers in Southeast Asia Omigo Marketplace ( Singapore s online marketplace for consumers to shop and for SMEs and international brands to sell online SAM ( a digital mailbox with bill payment services which can be accessed anywhere, anytime Page 4 of 5

5 About Singapore Post Limited (Reg. No M) Singapore Post (SingPost) is the leading provider of mail, logistics and ecommerce solutions in Singapore and the Asia Pacific region, with operations in more than 10 countries. As Singapore s national postal service provider, SingPost offers trusted communications through domestic and international postal services as well as end-to-end integrated mail solutions covering lettershopping, delivery and mailroom management, among others. For over 150 years, SingPost has been delivering a trusted and reliable service to customers and businesses in Singapore. As part of its transformation, SingPost has been steadily expanding beyond Singapore, leveraging its regional platform Quantium Solutions and other subsidiaries and partners. With its regional network and infrastructure, SingPost offers fully integrated ecommerce logistics solutions covering the four areas of freight, customs & regulations management, warehousing & fulfilment, last mile delivery & returns, as well as ecommerce web services, to its customers. SingPost won the World Mail Award for Retail Customer Access in 2015, ecommerce, 2014 and People Management, SingPost also gained international acclaim when it was bestowed the Service Provider of the Year award by Postal Technology International in 2014 and SingPost is the only company to win to the Universal Postal Union s EMS Cooperative award for its Speedpost courier service every year since Media contacts Singapore Australia/International Patsie Tan Justin Yuen Singapore Post Limited Weber Shandwick Tel: Tel: Mobile: Mobile: patsie@singpost.com JYuen@webershandwick.com Page 5 of 5