SINGAPORE, April 15, 2025 — Rectitude Holdings Ltd. (Nasdaq: RECT), a Singapore-based safety equipment and industrial products provider, has secured its first subcontract with China Construction (South Pacific) Development Co. Pte. Ltd. (“CCDC”). The agreement involves renting Rectitude’s advanced battery energy storage system for various Singaporean projects. Rectitude will supply clean energy to tower cranes, passenger hoists, and other construction equipment throughout Singapore until April 2026 under this agreement.

The subcontract encompasses projects led by CCDC and its subsidiaries, including Rich Construction Company Pte Ltd, China Construction Realty Co. Pte Ltd, and Kaszon Pte Ltd. The contract includes the provision of Rectitude’s AIMS systems for energy storage and delivery.

Rectitude has reached a significant milestone by deploying its initial 500kWh AIMS system under this contract, underscoring its dedication to fostering innovation and sustainability in key markets. The AIMS system is engineered for high-efficiency energy management and zero-emission power. This agreement follows the initial system sales to Singaporean customers in February 2025. The company intends to expand this business through system sales and rentals, along with related services.

“Winning this contract and deploying our 500kWh AIMS system marks a significant advancement for Rectitude and the energy storage sector’s commercialization in Singapore. We are executing our long-term strategy to achieve sustainable company growth,” stated Jian Zhang, Chairman, CEO, and Executive Director of Rectitude. “We are proud to support China Construction with cutting-edge, clean energy solutions that improve operational efficiency and reduce carbon emissions, while also establishing our first AIMS rental agreement.”

About Rectitude

Established in Singapore in 1997, Rectitude specializes in providing safety equipment, including personal protective clothing, gloves, safety footwear, fall arrest systems, fire extinguishers, and traffic products. The company also supplies auxiliary products such as industrial and electrical hardware for construction sites. Rectitude’s offerings are marketed through distributor networks and to end markets in Singapore and across Southeast Asia, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam.

For more details, please visit the Company’s website:

Forward-Looking Statements

This announcement contains certain forward-looking statements, including those related to the Company’s proposed Offering. These statements involve risks and uncertainties and are based on current expectations and projections about future events that may affect the Company’s financial condition, results of operations, business strategy, and financial needs, including the successful completion of the Offering. These forward-looking statements can be identified by terms such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or similar expressions. The Company is not obligated to update or revise these statements to reflect new events or changes in expectations, except as required by law. While the Company believes its expectations are reasonable, it cannot guarantee their accuracy and advises investors that actual results may differ significantly from anticipated results. Investors are encouraged to review other factors that could affect future results in the Company’s filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

Rectitude
Investor Relations
Email:

Zachary Mizener
Lambert by LLYC
Phone: +1 (313) 309-9514
Email:

Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email: