FOR IMMEDIATE RELEASE

Statement from The IRONMAN Group on the status of Abbott World Marathon
Major candidacy for the Standard Chartered Singapore Marathon

Since its inaugural event in 1982, the Standard Chartered Singapore
Marathon has served hundreds of thousands of runners from around the globe,
showcasing one of the world's great cities.

Building upon an already well-established World Athletics Gold Label Race,
The IRONMAN Group began organizing the event in 2016 and utilized its
organizational standards and staff expertise as the world's largest mass
participant event organizer, evolving the Standard Chartered Singapore
Marathon to the international success it is today.

Even in the midst of a global pandemic, organizers were able to produce an
event in 2020 thanks to the successful launch of the Standard Chartered
Singapore Marathon Virtual Club platform that welcomed 124,000 registrants
during 15 weeks of virtual races and challenges leading to the pinnacle and
innovative Grand Finale hybrid race, which featured ground-breaking
augmented reality, drawing an additional 12,000 participants from 69
nations around the world. Runners collectively clocked 106,269 KM and
raised SGD$1 million which Standard Chartered Bank donated to the Community
Chest to help empower and nurture youths.

Prior to the pandemic, event organizers had the privilege of working with
the Abbott World Marathon Majors (AbbottWMM) team for three years as a
candidate race thanks to the AbbottWMM long-term partnership with the Wanda
Sports Group, their recognition of a great event in a great city and the
support of major event partners like the Standard Chartered Bank, Sport
Singapore, and Singapore Tourism Board.

With the Wanda Sports Group retaining the exclusive rights to the next
three AbbottWMM event additions, the candidacy of the Standard Chartered
Singapore Marathon is no longer a viable option.

Alongside its partners and key stakeholders, the Standard Chartered
Singapore Marathon team remains committed to delivering world-class race
experiences and will continue its efforts in producing a signature event
for the global running community that exhibits the many great qualities of
Singapore.

Race organizers are working diligently and closely with relevant government
agencies and authorities to consider the best way forward for the 2021
event and will be guided by the prevailing safe management measures in
Singapore. Additional information will be shared with runners and partners
and made available on Standard Chartered Singapore Marathon digital
platforms in due course.

We thank our runners and community for their unwavering support for
Standard Chartered Singapore Marathon, especially our core partners
Standard Chartered Bank, Sport Singapore, and Singapore Tourism Board, and
look forward to what the future brings as we collectively focus on creating
world class running experiences for individuals of all ages and abilities
around the world.

We wish both AbbottWMM and the Wanda Sports Group the best in their
continued partnership.

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