<p>Samsung C&amp;T has signed an amended contract for Project Lightning (UAE HVDC Subsea Transmission Project)&nbsp;</p><p>with the contract owner, ABU DHABI OFFSHORE POWER TRANSMISSION COMPANY LIMITED LLC</p><p><br></p><p>- Contract amount: before change) KRW 2,704 billion</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;after change) KRW 2,731 billion</p><p>- Contract owner: before change) INTERNATIONAL OFFSHORE POWER TRANSMISSION HOLDING COMPANY LIMITED</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;after change) ABU DHABI OFFSHORE POWER TRANSMISSION COMPANY LIMITED LLC</p><p><br></p><p>※ Overview of project</p><p>- Title of contract: Project Lightning (UAE HVDC Subsea Transmission Project)</p><p>- Contract amount: KRW 2,731,043,361,960 (USD 2,295,380,200 for Samsung C&amp;T)</p><p>- Contract owner: ABU DHABI OFFSHORE POWER TRANSMISSION COMPANY LIMITED LLC</p><p>- Project overview : Construction of onshore and offshore converter stations and substations,&nbsp;</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;and supply of subsea HVDC cables</p><p>- Construction period: December 21, 2021 ~ December 25, 2025</p><p><br></p><p>※ Important Matters to Be Considered for Investment Decisions</p><p>- The aforementioned construction period and contract amount, etc. are subject to change&nbsp;</p><p>&nbsp; &nbsp; in the course of performing the construction work.</p>