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STATEMENT
BY DIRECTORS

YEAR ENDED 31 DECEMBER 2015

Share-based Payments (continued)

During the financial year, a total of 3,297,033 ordinary shares fully paid in the Company were issued pursuant to the StarHub Share Plans.

As at 31 December 2015, no participant has been granted options under the StarHub Share Option Plans and/or received shares pursuant to
the release of awards granted under the StarHub Share Plans, which, in aggregate, represents 5% or more of the aggregate of:

(a) the total number of new shares available under the StarHub Share Option Plans and the StarHub Share Plans collectively; and

(b) the total number of existing shares delivered pursuant to options exercised under the StarHub Share Option Plans and awards
released under the StarHub Share Plans collectively.

Audit Committee

The members of the Audit Committee as at the date of this statement are as follows:

Ma Kah Woh, independent non-executive director (Chairman) (Appointed on 23 September 2015);
Nihal Vijaya Devadas Kaviratne CBE, independent non-executive director;
Lim Ming Seong, non-executive director; and
Rachel Eng Yaag Ngee, independent non-executive director (Appointed on 15 July 2015).

The Audit Committee has held four meetings since the last directors’ report. In performing its functions in accordance with Section
201B of the Singapore Companies Act, Chapter 50, the Audit Committee met with the Company’s external and internal auditors to
discuss the scope of their work, the results of their examination and evaluation of the Company’s internal accounting control system.

The Audit Committee has also reviewed the following:

(1) assistance provided by the Company’s officers to the internal and external auditors;

(2) financial statements of the Group and the Company prior to their submission to the directors of the Company for adoption; and

(3) interested person transactions (as defined in Chapter 9 of the Listing Manual of the Singapore Exchange Securities Trading
Limited) of the Company and its subsidiaries and the Company’s compliance with the review procedures of such transactions.

The Audit Committee has full access to management and is given the resources required for it to discharge its functions. It has full
authority and the discretion to invite any director or executive officer to attend its meetings. The Audit Committee also recommends
the appointment of the external auditors and reviews the level of audit and non-audit fees.

The Audit Committee has undertaken a review of all non-audit services provided by the external auditors, and is satisfied with the
independence and objectivity of the external auditors and has recommended to the Board of Directors that KPMG LLP be nominated
for re-appointment as auditors at the forthcoming Annual General Meeting of the Company.