A Letter From Our CEO: Rebranding and the Future of REDEX

Dear valued stakeholders,

I am thrilled to announce that T-RECs.ai will be undergoing an exciting transformation. After months of careful thought and preparation, we are now ready to reveal our rebranded company name and logo, REDEX.

Since our establishment in 2018, we have grown from a one-man company to a strong team of 47 across Singapore and Vietnam, with an aggressive plan to reach 100 by end of 2023. These 5 years, we have built ourselves a name to be the pioneer of Renewable Energy Certificates in South East Asia, developed multiple innovative products and acquired large global corporations as our clients.

Our commitment to our stakeholders remains strong. REDEX will continue to innovate and provide green energy solutions and we will continue to promote sustainability throughout the entire value chain.

The rebranding does not change who we are, or what we do. We hope to maintain our commitment to provide green energy solutions, offering products beyond Renewable Energy Certificates (RECs) in the coming quarters. Our new company name REDEX stands for Renewable Energy Digital Exchange and will better align with the expanding scope of our services. We believe this new name will help us better connect with our investors, customers, suppliers, partners and employees, and will help us further enhance our position in the market.

Moving forward, we remain focused on our core mission of promoting reduction of Scope 2 emissions and more through delivering sustainable energy solutions to our customers. We are confident that this rebranding will only enhance our ability to achieve this goal.

Thank you for your continued support as we embark on this exciting journey. We look forward to sharing more updates with you soon.

Kang Jen Wee