Document:

EX-10.3

 Exhibit 10.3 

SPONSOR SUPPORT AND LOCK-UP AGREEMENT AND DEED, dated as of July 23, 2021 (this
“Agreement”), among PropertyGuru Pte. Ltd. (Company Registration Number: 200615063H), a Singapore private company limited by shares (the “Company”), Bridgetown 2 Holdings Limited, an exempted company limited by
shares incorporated under the laws of the Cayman Islands (“Acquiror”), PropertyGuru Group Limited, an exempted company limited by shares incorporated under the laws of the Cayman Islands (“PubCo”) and Bridgetown 2
LLC, a limited liability company incorporated under the laws of the Cayman Islands (“Sponsor”). 
 WHEREAS, the Company,
Acquiror, PubCo, and B2 PubCo Amalgamation Sub Pte. Ltd. (Company Registration Number: 202125330M), a Singapore private company limited by shares and a direct wholly-owned Subsidiary of PubCo (“Amalgamation Sub”) are concurrently
herewith entering into a Business Combination Agreement (as the same may be amended, restated or supplemented, the “Business Combination Agreement”) providing for (a) the merger of Acquiror with and into PubCo, with PubCo being
the surviving entity (the “Merger”) and (b) the amalgamation of Amalgamation Sub with the Company (the “Amalgamation”), with the Company being the surviving entity and becoming a wholly-owned Subsidiary of
PubCo; 
 WHEREAS, pursuant to and as consideration for the Merger, the holders of Acquiror Ordinary Shares and Acquiror Warrants will
receive PubCo Shares or PubCo Merger Warrants (as applicable); 
 WHEREAS, Sponsor is, as of the date of this Agreement, the sole legal
owner of such number of Acquiror Shares and Acquiror Warrants set forth opposite Sponsor’s name on Schedule A hereto (such Acquiror Shares, together with any Acquiror Shares (a) issued or otherwise distributed to
Sponsor pursuant to any stock dividend or distribution, (b) resulting from any change in any of the Acquiror Shares by reason of any share split, recapitalization, combination, exchange of shares or the like, (c) the legal ownership of
which is acquired by Sponsor, including by exchange or conversion of any other security, or (d) as to which Sponsor acquires the right to vote or share in the voting, in each case after the date of this Agreement and during the term of this
Agreement being collectively referred to herein as the “Subject Shares”); and 
 WHEREAS, as a condition to their
willingness to enter into the Business Combination Agreement, Acquiror, PubCo and the Company have requested that Sponsor enter into this Agreement; 

NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, and for other good and valuable consideration the
receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows: 
  

	1.	 DEFINITIONS; INTERPRETATION 

Capitalized terms used but not defined in this Agreement shall have the meaning ascribed to such terms in the Business Combination Agreement, and this
Agreement shall be interpreted, construed and applied in accordance with the rules of construction set forth in Section 1.2 of the Business Combination Agreement. 

	2.	 REPRESENTATIONS AND WARRANTIES OF SPONSOR 

Sponsor hereby represents and warrants to Acquiror, PubCo and the Company as of the date of this Agreement as follows: 

2.1 Organization. Sponsor has been duly incorporated and is validly existing as a limited liability company in good standing under the Laws of the
Cayman Islands, and has the requisite corporate power and authority to own, lease or operate all of its properties and assets and to conduct its business as it is now being conducted. Sponsor is duly licensed or qualified and in good standing as a
foreign corporation or company in all jurisdictions in which its ownership of property or the character of its activities is such as to require it to be so licensed or qualified or in good standing, as applicable, except where the failure to be so
licensed or qualified or in good standing would not reasonably be expected to, individually or in the aggregate, prevent or materially adversely affect the ability of the Sponsor to consummate the transactions contemplated hereby. 

2.2 Due Authorization. Sponsor has all requisite corporate power and authority to (a) execute and deliver this Agreement and the documents
contemplated hereby, and (b) consummate the transactions contemplated hereby and thereby and perform all obligations to be performed by it hereunder and thereunder. The execution and delivery of this Agreement and the documents contemplated
hereby and the consummation of the transactions contemplated hereby and thereby have been duly and validly authorized and approved by the Board of Directors of Sponsor. No other company proceeding on the part of Sponsor is necessary to authorize
this Agreement and the documents contemplated hereby. This Agreement has been duly and validly executed and delivered by Sponsor, and this Agreement constitutes a legal, valid and binding obligation of Sponsor, enforceable against Sponsor in
accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar Laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of
equity. 
 2.3 No Conflict. The execution and delivery of this Agreement by Sponsor and the other documents contemplated hereby by Sponsor and the
consummation of the transactions contemplated hereby and thereby do not and will not: 
 (a) violate or conflict with any provision of, or
result in the breach of or default under the Governing Documents of Sponsor; 
 (b) violate or conflict with any provision of, or result in
the breach of, or default under, or require any consent, waiver, exemption or approval under, any applicable Law or Governmental Order applicable to Sponsor; 

(c) violate or conflict with any provision of, or result in the breach of, result in the loss of any right or benefit, require any consent,
cause acceleration, or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of termination, amendment, cancellation or acceleration) under any Contract to which Sponsor is a party or by which Sponsor
may be bound, or terminate or result in the termination of any such Contract; or 
 (d) result in the creation of any Lien upon any of the
properties or assets of Sponsor; 
 except, in the case of clauses (b) through (d), to the extent that the occurrence of the foregoing would not
reasonably be expected to, individually or in the aggregate, prevent or materially adversely affect the ability of the Sponsor to consummate the transactions contemplated hereby. 

  
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 2.4 Acquiror Securities. Sponsor is the sole legal and beneficial owner of the Acquiror Shares and
Acquiror Warrants set forth opposite Sponsor’s name on Schedule A hereto, and all such Acquiror Shares and Acquiror Warrants are owned by Sponsor free and clear of all Liens, other than any forward purchase agreement
or similar arrangements in existence as of the date of this Agreement and the material terms of which have been disclosed to the Company or its counsel or Liens pursuant to Acquiror’s Governing Documents, this Agreement or any other Transaction
Document or applicable securities laws. Sponsor does not own legally or beneficially any shares or warrants of Acquiror other than the Acquiror Shares and Acquiror Warrants set forth opposite Sponsor’s name on
Schedule A hereto. Sponsor has the sole right to vote the Subject Shares, and none of the Subject Shares is subject to any voting trust or other agreement, arrangement or restriction with respect to the voting of the
Subject Shares, except as contemplated by this Agreement or the Governing Documents of Acquiror. 
 2.5 Business Combination Agreement. Sponsor
understands and acknowledges that Acquiror, PubCo, Amalgamation Sub and the Company are entering into the Business Combination Agreement in reliance upon Sponsor’s execution and delivery of this Agreement. Sponsor has received a copy of the
Business Combination Agreement, is familiar with the provisions of the Business Combination Agreement and has consented to (and hereby consents to) Acquiror’s entry into the Business Combination Agreement. 

2.6 Adequate Information. Sponsor is a sophisticated shareholder and has adequate information concerning the business and financial condition of
Acquiror, PubCo and the Company to make an informed decision regarding this Agreement and the transactions contemplated by the Business Combination Agreement and has independently and without reliance upon Acquiror, PubCo or the Company and based on
such information as Sponsor has deemed appropriate, made its own analysis and decision to enter into this Agreement. Sponsor acknowledges that Acquiror, PubCo and the Company have not made and do not make any representation or warranty to Sponsor,
whether express or implied, of any kind or character except as expressly set forth in this Agreement or the other Transaction Documents. Sponsor acknowledges that the agreements contained herein with respect to the Subject Shares held by Sponsor are
irrevocable. 
 2.7 Restricted Securities. Sponsor understands that the PubCo Shares that it may receive in connection with the Transactions,
including upon exercise, settlement, conversion or exchange of any other securities received in connection with the Transactions, may be “restricted securities” under applicable U.S. federal and state securities laws and, if Sponsor is an
affiliate of PubCo, “control securities” as such term is used under Rule 144 promulgated under the Securities Act, and that, pursuant to these laws, Sponsor would be required to hold such PubCo Shares indefinitely unless (a) they are
registered with the SEC and qualified by state authorities, or (b) an exemption from such registration and qualification requirements is available. 

2.8 Litigation and Proceedings. 
 (a)
There are no pending or, to the knowledge of the Sponsor, threatened, Legal Proceedings against the Sponsor or its properties or assets; and 

(b) there is no outstanding Governmental Order imposed upon the Sponsor; nor are any properties or assets of the Sponsor or its businesses
bound or subject to any Governmental Order; 
 except, in each case, as would not reasonably be expected to, individually or in the aggregate, prevent or
materially adversely affect the ability of the Sponsor to consummate the transactions contemplated hereby. 

  
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	3.	 REPRESENTATIONS AND WARRANTIES OF THE OTHER PARTIES 

Each of Acquiror, the Company and PubCo, severally and not jointly, hereby represents and warrants to each other party to this Agreement as follows: 

3.1 Organization. It has been duly incorporated, organized or formed and is validly existing as a corporation or exempted company in good standing (or
equivalent status, to the extent that such concept exists) under the Laws of its jurisdiction of incorporation, organization or formation, and has the requisite corporate power and authority to own, lease or operate all of its properties and assets
and to conduct its business as it is now being conducted. It is duly licensed or qualified and in good standing as a foreign corporation or company in all jurisdictions in which its ownership of property or the character of its activities is such as
to require it to be so licensed or qualified or in good standing (or equivalent status, to the extent that such concept exists) except where the failure to be so licensed or qualified or in good standing would not reasonably be expected to,
individually or in the aggregate, prevent or materially adversely affect its ability to consummate the transactions contemplated hereby. 
 3.2 Due
Authorization. It has all requisite corporate power and authority to (a) execute and deliver this Agreement and the documents contemplated hereby, and (b) consummate the transactions contemplated hereby and thereby and perform all
obligations to be performed by it hereunder and thereunder (other than, in respect of Acquiror, the Acquiror Shareholder Approval). The execution and delivery of this Agreement and the documents contemplated hereby and the consummation of the
transactions contemplated hereby and thereby have been duly and validly authorized and approved by its Board of Directors. No other company proceeding on its part is necessary to authorize this Agreement and the documents contemplated hereby (other
than, in respect of Acquiror, the Acquiror Shareholder Approval). This Agreement has been duly and validly executed and delivered by it, and this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance
with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar Laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity. 

3.3 No Conflict. The execution and delivery of this Agreement by it and the other documents contemplated hereby by it and the consummation of the
transactions contemplated hereby and thereby do not and will not (a) violate or conflict with any provision of, or result in the breach of or default under its Governing Documents, (b) violate or conflict with any provision of, or result
in the breach of, or default under any applicable Law or Governmental Order applicable to it, (c) violate or conflict with any provision of, or result in the breach of, result in the loss of any right or benefit, or cause acceleration, or
constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under any Contract to which it is a party or by which it may be bound, or terminate or result in the
termination of any such Contract or (d) result in the creation of any Lien upon any of its properties or assets, except, in the case of clauses (b) through (d), to the extent that the occurrence of the foregoing would not reasonably be
expected to, individually or in the aggregate, prevent or materially adversely affect its ability to consummate the transactions contemplated hereby. 
  

	4.	 SUPPORT FOR BUSINESS COMBINATION 

Sponsor hereby covenants and irrevocably undertakes to PubCo, the Company and Acquiror during the term of this Agreement as follows: 

4.1 Agreement to Vote in Favor of Transactions. At any meeting of the shareholders of Acquiror called to seek the Acquiror Shareholder Approval, or at
any adjournment or postponement thereof, or in connection with any written consent of the shareholders of Acquiror or in any other circumstances upon which a vote, consent, waiver or other approval with respect to the Business Combination Agreement,
any other Transaction Document, the Merger or any other Transaction is sought or required, Sponsor shall: 
 (a) if a meeting is held,
appear at such meeting (in person or, where proxies are permitted, by proxy) or otherwise cause the Subject Shares to be counted as present at such meeting for purposes of establishing a quorum; 

  
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 (b) vote or cause to be voted (including by class vote and/or written consent, if
applicable) the Subject Shares in favor of granting the Acquiror Shareholder Approval, or, if there are insufficient votes in favor of granting the Acquiror Shareholder Approval, in favor of the adjournment or postponement of such meeting of the
shareholders of Acquiror to a later date; and 
 (c) in other circumstances in which a vote, consent or approval is required or sought under
the Governing Documents or any Contract of Acquiror or otherwise, in respect of any Transaction, so vote, consent or approve including with respect to the Subject Shares. 

4.2 Agreement to Vote Against Other Matters. At any meeting of shareholders of Acquiror or at any adjournment or postponement thereof, or in connection
with any written consent of the shareholders of Acquiror or in any other circumstances upon which Sponsor’s vote, consent or other approval is sought, Sponsor shall vote (or cause to be voted) the Subject Shares (including by withholding class
vote and/or written consent, if applicable) against: 
 (a) any business combination agreement, merger agreement or amalgamation, merger,
scheme of arrangement, business combination, consolidation, combination, sale of substantial assets, reorganization, recapitalization, dissolution, liquidation or winding up of or by Acquiror or any public offering of Equity Securities of Acquiror
(in each case, other than in connection with the Business Combination Agreement, the Merger and the other Transactions); 
 (b) any Acquiror
Acquisition Proposal (other than in connection with the Business Combination Agreement, the Merger and the other Transactions); and 
 (c)
any amendment of Acquiror’s Governing Documents or Contracts, or other proposal or transaction involving Acquiror, which amendment or other proposal or transaction would be reasonably likely to, in any such case materially impede, interfere
with, delay or attempt to discourage, frustrate the purposes of, result in a breach by the Company or PubCo of, prevent or nullify any provision of the Business Combination Agreement or any other Transaction Document, the Merger or the Amalgamation
or change in any manner the voting rights of any class of Acquiror’s share capital. 
 4.3 Revoke Other Proxies. Sponsor represents and warrants
that any proxies heretofore given in respect of the Subject Shares that may still be in effect are not irrevocable, and such proxies have been or are hereby revoked. 

  
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 4.4 Irrevocable Proxy. Sponsor hereby irrevocably and unconditionally grants to, and appoints, in the
event that Sponsor shall for whatever reason fail to perform any of its obligations under Section 4.1, the Company and any individual designated in writing by the Company, and each of them individually, as Sponsor’s lawful attorney and
proxy (with full power of substitution), for and in the name, place and stead of Sponsor, to vote the Subject Shares, or grant a written consent or approval in respect of the Subject Shares in a manner consistent with this
Section 4.1. Sponsor understands and acknowledges that Acquiror, PubCo and the Company are entering into the Business Combination Agreement in reliance upon Sponsor’s execution and delivery of this Agreement. Sponsor
hereby affirms that the irrevocable proxy set forth in this Section 4.4 is given in connection with the execution of the Business Combination Agreement, and that such irrevocable power of attorney is given to secure the
performance of the duties of Sponsor under this Agreement. Sponsor hereby further affirms that the irrevocable proxy is coupled with a proprietary interest and may under no circumstances be revoked. Sponsor hereby ratifies and confirms all that such
irrevocable proxy may lawfully do or cause to be done by virtue hereof. SUCH IRREVOCABLE PROXY IS EXECUTED AND INTENDED TO BE IRREVOCABLE IN ACCORDANCE WITH THE PROVISIONS OF THE POWERS OF ATTORNEY ACT (AS AMENDED) OF THE CAYMAN ISLANDS. The
irrevocable proxy granted hereunder shall only terminate upon the termination of this Agreement. 
 4.5 No
Pre-Closing Transfer. Other than pursuant to this Agreement or as expressly contemplated by the Business Combination Agreement, from the date hereof and until the Amalgamation Closing or, if earlier,
termination of this Agreement, Sponsor shall not: 
 (a) directly or indirectly, (i) sell, transfer, tender, grant, pledge, assign or
otherwise dispose of (including by gift, tender or exchange offer, merger or operation of law), encumber, hedge, swap, convert or utilize a derivative to transfer the economic interest in (collectively, “Transfer”), or
(ii) enter into any Contract, option or other binding arrangement (including any profit sharing arrangement) with respect to the Transfer of, any Subject Shares to any person; 

(b) grant any proxies or enter into any voting arrangement, whether by proxy, voting agreement, voting trust, voting deed or otherwise
(including pursuant to any loan of Subject Shares) with respect to any Subject Shares, or enter into any other Contract with respect to any Subject Shares that would prohibit or prevent the satisfaction of its obligations pursuant to this Agreement;

 (c) take any action that would make any representation or warranty of Sponsor herein untrue or incorrect, or have the effect of
preventing or disabling Sponsor from performing its obligations hereunder; 
 (d) commit or agree to take any of the foregoing actions or
take any other action or enter into any Contract that would reasonably be expected to make any of its representations or warranties contained herein untrue or incorrect or would have the effect of preventing or delaying Sponsor from performing any
of its obligations hereunder; or 
 (e) publicly announce any intention to effect any such transaction specified in this sentence. 

Any action attempted to be taken in violation of the preceding sentence will be null and void. Sponsor agrees with, and covenants to, Acquiror and the Company
that Sponsor shall not request that Acquiror register the Transfer (by book-entry or otherwise) of any certificated or uncertificated interest representing any of the Subject Shares. 

4.6 No Redemption. Sponsor irrevocably and unconditionally agrees that, from the date
hereof and until the termination of this Agreement, Sponsor shall not elect to cause Acquiror to redeem any Subject Shares now or at any time legally or beneficially owned by Sponsor, or submit or surrender any of its Subject Shares for redemption,
in connection with the transactions contemplated by the Business Combination Agreement or otherwise. 

  
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 4.7 No Solicitation by Sponsor. From the date hereof until the Amalgamation Closing Date or, if
earlier, the termination of the Business Combination Agreement in accordance with Article XII thereof, Sponsor shall not, and shall cause its Subsidiaries and direct its Representatives not to, directly or indirectly: 

(a) solicit, initiate, or pursue any inquiry, indication of interest, proposal or offer relating to an Acquiror Acquisition Proposal; 

(b) participate in or continue any discussions or negotiations with any third-party with respect to, or furnish or make available, any
information concerning Acquiror to any third party relating to an Acquiror Acquisition Proposal, or provide to any third-party access to the businesses, properties, assets or personnel of Acquiror, in each case for the purpose of encouraging or
facilitating an Acquiror Acquisition Proposal; 
 (c) enter into any binding understanding, binding arrangement, acquisition agreement,
merger agreement or similar definitive agreement, or any letter of intent, memorandum of understanding or agreement in principle, or any other agreement with respect to an Acquiror Acquisition Proposal; or 

(d) grant any waiver, amendment or release under any confidentiality agreement or otherwise knowingly facilitate any such inquiries,
proposals, discussions, or negotiations or any effort or attempt by any Person to make, an Acquiror Acquisition Proposal. 
 From and after the date hereof,
Sponsor shall, and shall instruct its officers and directors to, and Sponsor shall instruct and cause its Representatives, to, immediately cease and terminate all discussions and negotiations with any Persons (other than the Company and its
Representatives) with respect to an Acquiror Acquisition Proposal. 
  

	5.	 POST-CLOSING LOCK-UP ARRANGEMENT 

5.1 Certain Definitions. As used in this Article 5, notwithstanding the other provisions of this Agreement, the following terms shall have
the following meanings: 
 (a) “affiliate” shall have the meaning set forth in Rule 405 under the Securities Act; 

(b) “Applicable Period” shall be the period commencing on the Amalgamation Closing Date and ending on the earlier of: 

(i) the date falling one year after the Amalgamation Closing Date; 

(ii) the date on which PubCo completes any amalgamation, merger, scheme of arrangement, business combination, consolidation, combination, sale
of substantial assets, reorganization, recapitalization, dissolution, liquidation or winding up or other similar transaction that results in all of PubCo’s shareholders having the right to exchange their PubCo Shares for cash, securities or
other property following the Amalgamation Closing Date; 
 (iii) the date on which any of Epsilon Asia Holdings II Pte. Ltd, TPG Asia VI SF
Pte. Ltd. and/or TPG Asia VI SPV GP LLC Transfers any Equity Security of PubCo or the date that any of their transferees (which received Equity Securities of PubCo pursuant to the last sentence of this Section 5.1(b)(iii))
Transfers any Equity Security of PubCo. Notwithstanding the foregoing, this Section 5.1(b)(iii) shall not be triggered by a Transfer by any of Epsilon Asia Holdings II Pte. Ltd, TPG Asia VI SF Pte. Ltd. and/or TPG Asia VI
SPV GP LLC permitted under Section 4.5(a) of the Company Holders Support Agreement; or 

  
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 (iv) the first date on which the last sale price of the PubCo Shares equals or exceeds
$12.00 per share (as adjusted for share splits, share capitalizations, rights issuances, subdivisions, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day
period commencing at least 150 days after the Amalgamation Closing Date; 
 (c)
“Lock-Up Securities” shall mean (i) any PubCo Shares, PubCo Merger Warrants or other equity securities of PubCo held by Sponsor (or which Sponsor is entitled to receive by virtue of the
Transactions) immediately after the Amalgamation Closing and any PubCo Shares acquired in open market transactions after the Amalgamation Closing, (ii) any PubCo Shares received by
Sponsor upon the exercise, conversion or settlement of options for PubCo Shares or warrants for PubCo Shares (including the PubCo Merger Warrants) or any securities convertible into or exercisable or exchangeable for PubCo Shares, in any such case,
held by Sponsor immediately after the Merger Closing and (iii) any other equity security of PubCo issued or issuable to Sponsor with respect to any securities referenced in clauses (i) or (ii) above by way of a share dividend or share
split or in connection with a recapitalization, merger, consolidation, spin-off, reorganization or similar transaction;  

(d) “Lock-Up Transfer” shall mean the (i) sale of, offer to sell, contract or
agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease
of a call equivalent position within the meaning of Section 16 of the Exchange Act and the rules and regulations of the Commission promulgated thereunder, with respect to, any Lock-Up Security,
(ii) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Lock-Up Security, whether or not any such transaction is
to be settled by delivery of such securities, in cash or otherwise, or (iii) public announcement of any intention to effect any transaction specified in clause (i) or (ii); and 

5.2 Lock-Up Restriction. Subject to the consummation of the Merger and the Amalgamation, Sponsor covenants and
agrees that it shall not, during the Applicable Period, without the prior written consent of the board of directors of PubCo, effect, undertake, enter into or publicly announce any Lock-Up Transfer. For the
avoidance of doubt, Sponsor shall retain all of its rights as a shareholder of PubCo with respect to the Lock-Up Securities during the Lock-Up Period, including, without
limitation, the right to vote any Lock-Up Securities that are entitled to vote and the right to receive any dividends or distributions in respect of such Lock-Up
Securities. 
 5.3 Authorization. Sponsor hereby authorizes PubCo during the Applicable Period to cause its transfer agent for the Lock-Up Securities to decline to transfer, and to note stop transfer restrictions on the share register and other records relating to, such Lock-Up Securities for which
Sponsor is the record holder, in each case, if and to the extent such transfer would constitute a Lock-Up Transfer in breach of this Agreement. PubCo agrees to instruct its transfer agent to remove any stop
transfer restrictions on the share register and other records related to the Lock-Up Securities within 2 Business Days of a request by Sponsor following the expiration of the Applicable Period. 

5.4 Legend. During the Applicable Period, each certificate evidencing any Lock-Up Securities shall be stamped
or otherwise imprinted with a legend in substantially the following form, in addition to any other applicable legends: 
 “THE
SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A SPONSOR SUPPORT AND LOCK-UP AGREEMENT, DATED AS OF [    ], 2021, BY AND AMONG PROPERTYGURU
GROUP LIMITED (“COMPANY”), THE HOLDER NAMED THEREIN AND THE OTHER PARTIES THERETO. A COPY OF SUCH AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.” 

  
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 5.5 Lock-Up Exceptions. Section 5.2 shall not
apply to: 
 (a) Lock-Up Transfers to a partnership, limited liability company or other entity of
which Sponsor is the legal and beneficial owner of all of the outstanding equity securities or similar interests; 
 (b) Lock-Up Transfers of PubCo Shares acquired in open market transactions after the Merger Closing; 
 (c)
the exercise of share options or warrants to purchase PubCo Shares (including PubCo Merger Warrants) and any related transfer of PubCo Shares to PubCo in connection therewith (A) deemed to occur upon the “cashless” or “net”
exercise of any such options or warrants or (B) for the purpose of paying the exercise price of such options or warrants or for paying taxes due as a result of the exercise of such options or warrants, it being understood that all PubCo Shares
received upon such exercise, settlement, vesting or transfer will remain subject to the restrictions of this Section 5 during the Applicable Period; 

(d) the entry, at any time after the Amalgamation Closing, into any trading plan providing for the sale of PubCo Shares meeting the
requirements of Rule 10b5-1(c) under the Exchange Act, provided that such plan does not provide for, or permit, the sale of any PubCo Shares during the Applicable Period and no public announcement or
filing is voluntarily made or required regarding such plan during the Applicable Period; 
 (e)
Lock-Up Transfers in the event of completion of a bona fide amalgamation, merger, scheme of arrangement, business combination, consolidation, combination, sale of substantial assets, reorganization,
recapitalization, dissolution, liquidation or winding up or other similar transaction which results in all of PubCo’s security holders having the right to exchange their PubCo Shares or PubCo Merger Warrants for cash, securities or other
property; 
 (f) in the case of an entity, a Lock-Up Transfer (i) to another entity that is an
affiliate of Sponsor, or to any investment fund or other entity controlling, controlled by, managing or managed by or under common control with Sponsor or affiliates of Sponsor or who shares a common investment advisor with the Sponsor or any of the
foregoing or (ii) as part of a distribution to members, partners or shareholders of Sponsor; 
 (g) in the case of an entity, Lock-Up Transfers by virtue of the laws of the state of the entity’s organization and the entity’s organizational documents upon dissolution of the entity; or 

(h) Lock-Up Transfers to an individual who, as of the date of this Agreement, is a director, officer
or advisor of Sponsor or its affiliates as part of such director’s or advisor’s remuneration for services provided to Sponsor; and 

(i) Lock-Up Transfers made in connection with a forward purchase agreement or similar arrangement in
existence prior to the date of this Agreement and the material terms of which have been disclosed to the Company or its counsel; 
 provided,
however, that in the case of clauses (a), and clauses (f) through (i), these permitted transferees shall enter into a written agreement, in substantially the form of this Article 5, agreeing to be bound by these Lock-Up Transfer restrictions prior to such Lock-Up Transfer. 

  
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 5.6 Waiver of Other Lock-Up Shareholders. Neither the Company
nor PubCo shall amend or waive, terminate, modify or abrogate (“Change”) the lock-up restriction agreed with any of the Lock-Up Shareholders (as defined
in the Company Holders Support Agreement) pursuant to Section 4 of the Company Holders Support Agreement, in each case, unless the Company and/or PubCo extends such Change to Sponsor, under the same terms and conditions (including, for the
avoidance of doubt, the timing of any release from such lock-up restriction) and on a pro rata basis. The Company and/or PubCo shall provide at least 10 Business Day advance written notice to Sponsor of any
such Change. 
 5.7 Termination of Existing Lock-Up Restriction. The parties hereto agree that the lock-up and transfer provisions in this Agreement shall supersede and replace Sponsor’s obligations in respect of lock-up and transfer provisions currently contained in
the Sponsor Letter Agreement (as defined below) effective upon the Amalgamation Effective Time. 
 5.8 Effect of Article 5. If any Lock-Up Transfer is made or attempted contrary to the provisions of this Article 5, such purported Lock-Up Transfer shall be null and void ab initio. 

 

	6.	 OTHER AGREEMENTS 

6.1 Sponsor Affiliate Agreements. 
 (a)
Each of Sponsor and Acquiror hereby agrees that from the date hereof until the termination of this Agreement, none of them shall, or shall agree to, amend, modify or vary that certain letter agreement, dated January 25, 2021, by and among
Sponsor and Acquiror (the “Sponsor Letter Agreement”), except as otherwise provided for under this Agreement or any Transaction Document. 

(b) Each of Sponsor and Acquiror hereby agree that each agreement as of the Amalgamation Effective Time between Acquiror (or any of its
Subsidiaries), on the one hand, and Sponsor or any of Sponsor’s Affiliates (other than Acquiror or any of Acquiror’s Subsidiaries), on the other hand, (but excluding any Transaction Document, the Sponsor Letter Agreement, and any
agreements with respect to the indemnification of the SPAC’s directors and officers, advancement of expense or exculpation or contribution of the SPAC’s directors and officers, or relating to reimbursements for reasonable and necessary
business expenses incurred prior to the Amalgamation Effective Time) (such agreements, together, the “Sponsor Affiliate Agreements”) will be terminated effective as of the Amalgamation Effective Time, and thereupon shall be of no
further force or effect, without any further action on the part of any of Acquiror or Sponsor, and on and from the Amalgamation Effective Time, neither Acquiror, Sponsor, nor any of their respective Affiliates or Subsidiaries shall have any further
rights, duties, liabilities or obligations under any of the Sponsor Affiliate Agreements and each of Acquiror and Sponsor (for and on behalf of its Affiliates and Subsidiaries) hereby releases in full any and all claims with respect thereto with
effect on and from the Amalgamation Effective Time. Notwithstanding the foregoing of this Section 6.1(b), Sponsor and Acquiror shall, and shall procure their Affiliates shall, perform their respective duties, liabilities or obligations under
and in accordance with the terms of the Sponsor Affiliate Agreements prior to the Amalgamation Effective Time. Additionally, Sponsor agrees that the lock-up and transfer provisions in this Agreement shall
supersede and replace its obligations in respect of lock-up and transfer provisions currently contained in the Sponsor Letter Agreement effective upon the Amalgamation Effective Time. 

  
 10 

 6.2 Sponsor Release. Sponsor, on its own behalf and on behalf of each of its Affiliates (other than
Acquiror or any of Acquiror’s Subsidiaries) and each of its and their successors, assigns and executors (each, a “Sponsor Releasor”), effective as at the Amalgamation Effective Time, shall be deemed to have, and hereby does,
irrevocably, unconditionally, knowingly and voluntarily release, waive, relinquish and forever discharge the Company, PubCo, Acquiror, their respective Subsidiaries (if any) and its and their respective successors, assigns, heirs, executors,
officers, directors, partners, managers and employees (in each case in their capacity as such) (each, a “Sponsor Releasee”), from (a) any and all obligations or duties the Company, PubCo, Acquiror or any of their respective
Subsidiaries (if any) has prior to or as of the Amalgamation Effective Time to such Sponsor Releasor, or (b) all claims, demands, liabilities, defenses, affirmative defenses, setoffs, counterclaims, actions and causes of action of whatever kind
or nature, whether known or unknown, which any Sponsor Releasor has prior to or as of the Amalgamation Effective Time, against any Sponsor Releasee arising out of, based upon or resulting from any Contract, transaction, event, circumstance, action,
failure to act or occurrence of any sort or type, whether known or unknown, and which occurred, existed, was taken, permitted or begun prior to the Amalgamation Effective Time (except in the event of fraud on the part of a Sponsor Releasee);
provided, however, that nothing contained in this Section 6.2 shall release, waive, relinquish, discharge or otherwise affect the rights or obligations of any party (i) arising under this Agreement, the Transaction
Documents or Acquiror’s Governing Documents, including for any amounts owed pursuant to the terms set forth therein, (ii) for indemnification, advancement of expense, exculpation or contribution, in any Sponsor Releasor’s capacity as
an officer, director or employee of Acquiror, (iii) arising under any then-existing insurance policy of Acquiror or any of its Subsidiaries (if any), (iv) pursuant to a contract and/or Acquiror policy, relating to reimbursements for reasonable
and necessary business expenses incurred prior to the Amalgamation Effective Time, or (v) for any claim for fraud. 
 6.3 Company Release. Each
of the Company, PubCo, Acquiror and their respective Subsidiaries (if any) and each of its and their successors, assigns and executors (each, a “Company Releasor”), effective as at the Amalgamation Effective Time, shall be
deemed to have, and hereby does, irrevocably, unconditionally, knowingly and voluntarily release, waive, relinquish and forever discharge Sponsor, its Affiliates (other than Acquiror and its Subsidiaries (if any)) and their respective successors,
assigns, heirs, executors, officers, directors, partners, managers and employees (in each case in their capacity as such) (each, a “Company Releasee”), from (a) any and all obligations or duties such Company Releasee has
prior to or as of the Amalgamation Effective Time to such Company Releasor, (b) all claims, demands, liabilities, defenses, affirmative defenses, setoffs, counterclaims, actions and causes of action of whatever kind or nature, whether known or
unknown, which any Company Releasor has, may have or might have or may assert now or in the future, against any Company Releasee arising out of, based upon or resulting from any Contract, transaction, event, circumstance, action, failure to act or
occurrence of any sort or type, whether known or unknown, and which occurred, existed, was taken, permitted or begun prior to the Amalgamation Effective Time (except in the event of fraud on the part of a Company Releasee); provided,
however, that nothing contained in this Section 6.3 shall release, waive, relinquish, discharge or otherwise affect the rights or obligations of any party (i) arising under this Agreement or the Transaction
Documents, or (ii) for any claim for fraud. 
 6.4 Termination. This Agreement shall terminate upon the earliest of (i) the Amalgamation
Effective Time (provided, however, that upon such termination, Section 5 shall survive in accordance with its terms, and this Article 6 shall survive indefinitely) and (ii) the termination of the Business Combination
Agreement in accordance with its terms, and upon such termination, no party shall have any liability hereunder other than for its willful and material breach of this Agreement prior to such termination. 

  
 11 

 6.5 Further Assurances. Sponsor shall, from time to time, (i) execute and deliver, or cause to
be executed and delivered, such additional or further consents, documents and other instruments as Acquiror, PubCo or the Company may reasonably request for the purpose of effectively carrying out the transactions contemplated by this Agreement, the
Business Combination Agreement and the other Transaction Documents and (ii) refrain from exercising any veto right, consent right or similar right under Acquiror’s Governing Documents which would materially, impede, disrupt, prevent or
otherwise adversely affect the consummation of the Merger, the Amalgamation or any other Transaction. If Sponsor acquires record or beneficial ownership of any Subject Shares following the date of this Agreement (or becomes aware, following the date
hereof, of its record or beneficial ownership of any Subject Shares as of the date hereof, which shares are not already set forth on Schedule A), Sponsor shall promptly notify PubCo, the Company and Acquiror, and Schedule A shall be
updated to reflect Sponsor’s ownership of such additional Subject Shares. 
 6.6 Notice. All notices and other communications hereunder shall be
in writing and shall be deemed given if delivered personally or sent by overnight courier (providing proof of delivery) to Acquiror, PubCo, or the Company in accordance with Section 13.3 of the Business Combination Agreement and to Sponsor at
its address set forth on Schedule A hereto (or at such other address for a party as shall be specified by like notice). 
 6.7
Miscellaneous. The provisions of Article XIII of the Business Combination Agreement are incorporated herein by reference, mutatis mutandis, as if set forth in full herein. 

[Signature pages follow] 

  
 12 

 IN WITNESS WHEREOF the parties have hereunto caused this Agreement to be duly executed as of the date first
above written. 
  

					
	PROPERTYGURU PTE. LTD.

 
					
		
	By:	 	 /s/ Hari Vembakkam Krishnan

		 	Name:	 	Hari Vembakkam Krishnan
		 	Title:	 	Chief Executive Officer and Managing Director

  

					
	BRIDGETOWN 2 HOLDINGS LIMITED
		
	By:	 	 /s/ Daniel Wong

		 	Name:	 	Daniel Wong
		 	Title:	 	Director

  

					
	PROPERTYGURU GROUP LIMITED
		
	By:	 	 /s/ Daniel Wong

		 	Name:	 	Daniel Wong
		 	Title:	 	Director

  

					
	BRIDGETOWN 2 LLC
		
	By:	 	 /s/ Daniel Wong

		 	Name:	 	Daniel Wong
		 	Title:	 	Manager

 SCHEDULE A 
  

									
	 Name and Address of Sponsor
	  	Total Acquiror
Warrants Held	 	  	Total Acquiror Class B
Ordinary Shares Held	 
	 Bridgetown 2 LLC
	  	 	12,960,000	 	  	 	5,828,761	 

 [Schedule A to Sponsor Support and Lock-Up Agreement and Deed]EX-10.4

 Exhibit 10.4 

REGISTRATION RIGHTS AGREEMENT 

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of July 23, 2021, is made and entered into by and among
PropertyGuru Group Limited, a Cayman Islands exempted company (“PubCo”), Bridgetown 2 LLC, a Cayman Islands limited liability company (the “Sponsor”), the undersigned parties listed on the signature page hereto
(each such party, together with the Sponsor and any person or entity who hereafter becomes a party to this Agreement pursuant to Section 5.2 of this Agreement, a “Holder” and collectively the
“Holders”), solely for the purposes of Section 5.10, Bridgetown 2 Holdings Limited, a Cayman Islands exempted company (the “Acquiror”), and solely for the purposes of
Section 5.10, PropertyGuru Pte. Ltd. (Company Registration Number: 200615063H), a Singapore private company limited by shares (the “Company”). 

WHEREAS, pursuant to the terms of that certain Business Combination Agreement (the “Business Combination
Agreement”) dated as of the date hereof, by and among PubCo, the Company, the Acquiror and B2 PubCo Amalgamation Sub Pte. Ltd. (Company Registration Number: 202125330M), a Singapore private company limited by shares and a wholly owned
subsidiary of PubCo (“Amalgamation Sub”), among other matters, (i) the Acquiror will merge with and into PubCo, with PubCo continuing as the surviving entity (the consummation of such Merger, the “Merger
Closing”), and (ii) the Company will amalgamate with Amalgamation Sub, with the Company continuing as the surviving entity (the consummation of such Amalgamation, the “Amalgamation Closing”);

WHEREAS, at the Merger Closing, (i) all of the outstanding shares of the Acquiror will automatically be cancelled and cease to exist in
exchange for the right to receive newly issued PubCo Shares (as defined below), and (ii) all Private Placement Warrants (as defined below) will automatically be assumed by PubCo and adjusted to become PubCo Merger Warrants (as defined below);

 WHEREAS, at the Amalgamation Closing, (i) all of the outstanding shares of the Company will automatically be cancelled and cease to
exist in exchange for the right to receive newly issued PubCo Shares, (ii) all Company Warrants (as defined below) will be novated and assumed by PubCo and adjusted to become PubCo
Amalgamation Warrants, and (iii) all other outstanding options and rights to acquire shares in the Company will automatically be assumed by PubCo and converted into analogous rights to acquire PubCo Shares; 

WHEREAS, the Acquiror, the Sponsor and each of the other “Holders” as defined therein entered into that certain Registration Rights
Agreement dated as of January 25, 2021 (the “Prior Acquiror Agreement”), and the Company and certain of its existing shareholders are parties to that certain Subscription and Shareholders’ Agreement relating to the Company
dated as of May 30, 2015, as supplemented, amended and restated through September 7, 2020, which is anticipated to be terminated and restated substantially in the form of the Panama Shareholders’ Agreement (as applicable, the
“Prior Company Agreement”); and 
 WHEREAS, (i) the parties to the Prior Acquiror Agreement desire to terminate the
same to provide for the terms and conditions set forth in this Agreement, and (ii) the parties to the Prior Company Agreement desire to terminate the same to provide for the terms and conditions set forth in this Agreement; 

NOW, THEREFORE, in consideration of the representations, covenants and agreements contained herein, and certain other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 

 ARTICLE 1

DEFINITIONS 
 The terms defined in this
Article 1 shall, for all purposes of this Agreement, have the respective meanings set forth below: 
 “Acquiror”
shall have the meaning given in the Preamble. 
 “Agreement” shall have the meaning given in the Preamble. 

“Amalgamation Closing” shall have the meaning given in the Recitals hereto. 

“Block Trade” shall have the meaning given in subsection 2.9.1. 

“Board” shall mean the Board of Directors of PubCo. 

“Business Combination Agreement” shall have the meaning given in the Recitals hereto. 

“Business Day” shall mean a day on which commercial banks are open for business in New York, the Cayman Islands and the
Republic of Singapore, except a Saturday, Sunday or public holiday (gazetted or ungazetted and whether scheduled or unscheduled). 

“Commission” shall mean the Securities and Exchange Commission. 

“Company” shall have the meaning given in the Recitals hereto. 

“Company Warrants” shall mean all warrants exercisable for shares of the Company immediately prior to the consummation of the
Amalgamation Closing, and which shall be assumed by PubCo and modified in order to constitute PubCo Amalgamation Warrants in connection with the consummation of the transactions contemplated by the Business Combination Agreement. 

“Demanding Holder” shall have the meaning given in Section 2.4. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as it may be amended from time to time. 

“Form F-1” shall mean such form under the Securities Act as in
effect on the date hereof or any successor registration form under the Securities Act subsequently adopted by the Commission. 

“Form F-1 Shelf” shall have the meaning given in subsection 2.1.1. 

“Form F-3” shall mean such form under the Securities Act as in
effect on the date hereof or any registration form under the Securities Act subsequently adopted by the Commission that permits forward incorporation of substantial information by reference to other documents filed by PubCo with the Commission. 

“Form F-3 Shelf” shall have the meaning given in subsection 2.1.3. 

“Holders” shall have the meaning given in the Preamble. 

  
 2 

 “Lock-Up Agreement” shall mean, as
applicable, the agreements and undertakings of the Holders set forth in Section 4 of that certain Company Support Agreement dated as of the date hereof, by and among the Company, the
Acquiror, PubCo and the other parties listed in Schedule A thereto, and Section 4 of that certain Sponsor Support Agreement dated as of the date hereof, by and among the Company, the Acquiror, PubCo and Sponsor, in each case pursuant to which a
Holder has agreed (subject to certain exceptions) not to transfer the Registrable Securities held by such Holder for a certain period of time after the Amalgamation Closing.  

“Maximum Number of Securities” shall mean, as to a given Underwritten Offering, the maximum dollar amount or maximum number
of equity securities that can be sold in such Underwritten Offering, in the reasonable determination of the managing Underwriter(s), without adversely affecting the proposed offering price, the timing, the distribution method, or the probability of
success of such offering. 
 “Merger Closing” shall have the meaning given in the Recitals hereto. 

“Misstatement” shall mean an untrue statement of a material fact or an omission to state a material fact required to be
stated in a Registration Statement or Prospectus, or necessary to make the statements in a Registration Statement or Prospectus (in the case of a Prospectus, in the light of the circumstances under which they were made) not misleading. 

“New Registration Statement” shall have the meaning given in subsection 2.2.1. 

“Panama Shareholders’ Agreement” shall have the meaning given in the Business Combination Agreement. 

“Permitted Transferees” shall mean a person or entity to whom a Holder of Registrable Securities is permitted to
transfer such Registrable Securities prior to the expiration of the lock-up period under the applicable Lock-Up Agreement, and to any transferee thereafter. 

“Person” means any individual, firm, corporation, partnership, limited liability company, incorporated or unincorporated
association, joint venture, joint stock company, governmental authority or instrumentality or other entity of any kind. 

“Piggyback Registration” shall have the meaning given in subsection 2.8.1. 

“PIPE Securities” shall mean those securities issued pursuant to the PIPE Subscription Agreements. 

“PIPE Subscription Agreements” shall mean the agreements, dated as of the date hereof, entered into by and among PubCo, the
Acquiror and the other parties thereto, pursuant to which such other parties will subscribe for PubCo Shares, prior to the Amalgamation Closing. 

“Prior Acquiror Agreement” shall have the meaning given in the Recitals hereto. 

“Prior Company Agreement” shall have the meaning given in the Recitals hereto. 

“Private Placement Warrants” shall mean the warrants exercisable for shares of the Acquiror issued pursuant to that certain
Private Placement Warrants Purchase Agreement, dated January 25, 2021, between the Acquiror and the Sponsor. 

  
 3 

 “Pro Rata” shall mean, with respect to a given Registration, offering or
Transfer of Registrable Securities pursuant to this Agreement, pro rata based on (A) the number of Registrable Securities that each Holder, as applicable, has requested or proposed to be included in such Registration, offering or Transfer and
(B) the aggregate number of Registrable Securities that all Holders have requested or proposed to be included in such Registration, offering or Transfer. 

“Prospectus” shall mean the prospectus included in any Registration Statement, as supplemented by any and all prospectus
supplements and as amended by any and all post-effective amendments and including all material incorporated by reference in such prospectus. 

“PubCo” shall have the meaning given in the Preamble. 

“PubCo Amalgamation Warrants” shall mean the warrants to acquire PubCo Shares issued to holders of Company Warrants in
connection with the consummation of the transactions contemplated by the Business Combination Agreement. 
 “PubCo Merger
Warrants” shall mean the warrants to acquire PubCo Shares issued to holders of Private Placement Warrants and Working Capital Warrants in connection with the consummation of the transactions contemplated by the Business Combination
Agreement. 
 “PubCo Shares” shall mean PubCo’s ordinary shares, of US$ 0.0001 par value per share. 

“PubCo Warrants” shall mean PubCo Amalgamation Warrants and PubCo Merger Warrants. 

“Registrable Securities” shall mean: 

(A)    any outstanding PubCo Shares or PubCo Warrants that are held by a Holder as of immediately following the
Amalgamation Closing;  
 (B)    any PubCo Shares that may
be acquired by a Holder upon the exercise of a PubCo Warrant (or any other option or right to acquire PubCo Shares) that is held by a Holder as of immediately following the Amalgamation Closing; and 

(C)    any other equity security of PubCo issued or issuable with respect to any securities referenced in clauses
(A) or (B) above by way of a stock dividend or stock split or in connection with a recapitalization, merger, consolidation, spin-off, reorganization or similar transaction; 

provided, however, as to any particular Registrable Securities, such securities shall cease to be Registrable Securities when: (i) a
Registration Statement with respect to the sale of such securities shall have become effective under the Securities Act and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration Statement;
(ii) such securities shall have been otherwise transferred, new certificates for such securities not bearing a legend restricting further transfer shall have been delivered by PubCo and subsequent public distribution of such securities shall
not require registration under the Securities Act; (iii) such securities shall have ceased to be outstanding; or (iv) such securities have been sold to, or through, a broker, dealer or underwriter in a public distribution or other
public securities transaction. 
 “Registration” shall mean a registration, including any related Underwritten Takedown,
effected by preparing and filing a registration statement or similar document in compliance with the requirements of the Securities Act, and the applicable rules and regulations promulgated thereunder, and such registration statement becoming
effective. 

  
 4 

 “Registration Expenses” shall mean the out-of-pocket expenses of a Registration, including, without limitation, the following: 

(A)    all registration and filing fees (including fees with respect to filings required to be made with the Financial
Industry Regulatory Authority, Inc.) and any securities exchange on which the PubCo Shares are then listed; 

(B)    fees and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of
counsel for the Underwriters in connection with blue sky qualifications of Registrable Securities); 
 (C)    printing,
messenger, telephone and delivery expenses; 
 (D)    reasonable fees and disbursements of counsel for PubCo; 

(E)    reasonable fees and disbursements of all independent registered public accountants of PubCo incurred specifically
in connection with such Registration; 
 (F)    PubCo’s roadshow and travel expenses, if any; 

(G)    the fees and expenses of any special experts retained by PubCo in connection with such Registration; 

(H)    PubCo’s internal expenses (including, without limitation, all salaries and expenses of PubCo’s and its
subsidiaries’ officers and employees and all overhead costs of PubCo and its subsidiaries); 
 (I)    reasonable
fees and expenses of one (1) legal counsel selected by the majority-in-interest of the Demanding Holders initiating a Underwritten Takedown; and 

(J)    all other expenses of Registration, 

in each case, other than Underwriters’ commissions and any related transfer taxes attributable to the sale of Registrable Securities by a Holder in an
Underwritten Takedown. 
 “Registration Statement” shall mean any registration statement that covers the Registrable
Securities pursuant to the provisions of this Agreement, including the Prospectus included in such registration statement, amendments (including post-effective amendments) and supplements to such registration statement, and all exhibits to and all
material incorporated by reference in such registration statement (other than a registration statement on Form F-4, Form S-4 or Form
S-8, or their successors, or any registration statement covering only securities proposed to be issued in exchange for securities or assets of another entity). 

“Requesting Holder” shall have the meaning given in Section 2.5. 

“SEC Guidance” shall have the meaning given in subsection 2.2.1. 

“Securities Act” shall mean the Securities Act of 1933, as amended from time to time. 

“Shelf” shall mean the Form F-1 Shelf, the Form
F-3 Shelf or any Subsequent Shelf, as the case may be. 

  
 5 

 “Shelf Registration” shall mean a Registration of securities pursuant to a
Registration Statement filed with the Commission in accordance with and pursuant to Rule 415 promulgated under the Securities Act (or any successor rule then in effect). 

“Significant Holder” shall mean Epsilon Asia Holdings II Pte. Ltd., TPG Asia VI SF Pte. Ltd., TPG Asia VI SPV GP LLC (in its
capacity as general partner of TPG Asia VI Digs 1 L.P.), REA Asia Holding Co. Pty Ltd, and any other Holder of PubCo Shares representing 10% or more of the then outstanding number of PubCo Shares, but excluding the Sponsor. 

“Sponsor” shall have the meaning given in the Recitals hereto. 

“Sponsor Party” means the (A) Sponsor; and (B) (i) any Person to whom Sponsor Transfers Registrable Securities in
accordance with the terms of any forward purchase agreement or similar arrangements in existence as of the date of this Agreement (the material terms of which have been disclosed to the Company or its counsel); and (ii) any Person to whom
Sponsor has transferred Class B shares in the capital of Acquiror or Private Placement Warrants prior to the date of this Agreement. 

“Subsequent Shelf” shall have the meaning given in subsection 2.3.2. 

“Sponsor Specific Rights” shall have the meaning in subsection 5.2.3. 

“Takedown Demand” shall have the meaning given in subsection 2.4.1. 

“Takedown Threshold” shall have the meaning given in Section 2.4. 

“Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any
option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of
Section 16 of the Exchange Act with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such
transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b). 

“Underwriter” shall mean a securities dealer who purchases any Registrable Securities as principal in an Underwritten
Offering and not as part of such dealer’s market-making activities. 
 “Underwritten Registration” or
“Underwritten Offering” shall mean a Registration in which securities of PubCo are sold to an Underwriter in a firm commitment underwriting for distribution to the public. 

“Underwritten Takedown” shall mean an Underwritten Offering of Registrable Securities pursuant to the Shelf, as amended or
supplemented. 
 “Working Capital Warrants” shall mean the warrants exercisable for shares of the Acquiror issued to the
Sponsor on conversion of up to US$ 1,500,000 of working capital loans, pursuant to that certain Warrant Agreement, dated as of January 25, 2021, by and between the Acquiror and the Sponsor. 

  
 6 

 ARTICLE 2 

REGISTRATIONS 

2.1    Resale Shelf Registration. 

2.1.1    PubCo shall use its reasonable best efforts to (a) file within 30 days following the Amalgamation Closing,
and use reasonable efforts to cause to be declared effective as soon as practicable thereafter, a Registration Statement for a Shelf Registration on Form F-1 (the “Form
F-1 Shelf”) covering the resale of all the Registrable Securities (determined as of two Business Days prior to such filing) on a delayed or continuous basis and (b) keep such Form F-1 Shelf continuously effective, available for use and in compliance with the provisions of the Securities Act until such time as a Form F-3 Shelf is declared effective
pursuant to Section 2.1.3. 
 2.1.2    Such Shelf shall provide for the resale of the
Registrable Securities included therein pursuant to any method or combination of methods legally available to, and requested by, any Holder named therein. 

2.1.3    Following the filing of a Form F-1 Shelf, PubCo shall use reasonable
efforts to convert and/or file, and to cause to become effective, the Form F-1 Shelf (and each Subsequent Shelf) to a Shelf Registration on Form F-3 (the “Form F-3 Shelf”) as soon as practicable, and in any event within 45 days, after PubCo is eligible to use Form F-3. 

2.2    Rule 415 Cutback. 

2.2.1    Notwithstanding the registration obligations set forth in Section 2.1, in the event the
Commission informs PubCo that all of the Registrable Securities cannot, as a result of the application of Rule 415, be registered for resale as a secondary offering on a single registration statement, PubCo agrees to promptly (a) inform each of
the Holders and use its reasonable efforts to file amendments to the Shelf Registration as required by the Commission and/or (b) withdraw the Shelf Registration and file a new Registration Statement (a “New Registration
Statement”), on Form F-3, or if Form F-3 is not then available to PubCo for such Registration Statement, on such other form available to register for resale the
Registrable Securities as a secondary offering; provided, however, that prior to filing such amendment or New Registration Statement, PubCo shall use its reasonable efforts to advocate with the Commission for the registration of all of
the Registrable Securities in accordance with any publicly-available written or oral guidance, comments, requirements or requests of the Commission staff (the “SEC Guidance”), including the Manual of Publicly Available Telephone
Interpretations D.29. 
 2.2.2    Notwithstanding any other provision of this Agreement, if any SEC Guidance sets forth
a limitation of the number of Registrable Securities permitted to be registered on a particular Registration Statement as a secondary offering (and notwithstanding that PubCo used reasonable efforts to advocate with the Commission for the
registration of all or a greater number of Registrable Securities), unless otherwise directed in writing by a Holder as to its Registrable Securities and subject to a determination by the Commission that certain Holders must be reduced first based
on the number of Registrable Securities held by such Holders, (a) PubCo shall prioritize the Registration of all of the PIPE Securities on such Registration Statement, and (b) if all of the PIPE Securities (but not all of the Registrable
Securities) may be registered on such Registration Statement, any remaining number of Registrable Securities permitted to be registered on such Registration Statement as a secondary offering shall be allocated Pro Rata among the other Holders. 

  
 7 

 2.2.3    If PubCo amends the Shelf Registration or files a New
Registration Statement, as the case may be, under this Section 2.2, PubCo shall use its reasonable efforts to file with the Commission, as promptly as allowed by Commission or SEC Guidance, one or more registration
statements on Form F-3 or such other form available to register for resale those Registrable Securities (a) that were not registered for resale on the Shelf Registration, as amended, or the New
Registration Statement and (b) are no longer restricted by any Lock-Up Agreement. 

2.3    Maintenance, Amendment, Supplement and Subsequent Shelf. 

2.3.1    PubCo shall use reasonable efforts to maintain each Shelf in accordance with the terms of this Agreement, and
shall prepare and file with the Commission from time to time such amendments and supplements to the Shelf as may be necessary to keep the Shelf continuously effective, available for use and in compliance with the provisions of the Securities Act
until such time as there are no longer any Registrable Securities. 
 2.3.2    If a Shelf ceases to be effective under
the Securities Act for any reason at any time while Registrable Securities are still outstanding, PubCo shall, subject to Section 3.4, use reasonable efforts to as promptly as is reasonably practicable (a) cause such
Shelf to again become effective under the Securities Act (including using reasonable efforts to obtain the prompt withdrawal of any order suspending the effectiveness of such Shelf), (b) amend such Shelf in a manner reasonably expected to result in
the withdrawal of any order suspending the effectiveness of such Shelf, or (c) prepare and file an additional Registration Statement for a Shelf Registration (a “Subsequent Shelf”) registering the resale of all Registrable
Securities (determined as of two Business Days prior to such filing), and pursuant to any method or combination of methods legally available to, and requested by, any Holder named therein. 

2.3.3    If a Subsequent Shelf is filed pursuant to Section 2.3.2, PubCo shall use reasonable
efforts to (a) cause such Subsequent Shelf to become effective under the Securities Act as promptly as is reasonably practicable after the filing thereof, and (b) keep such Subsequent Shelf continuously effective, available for use and in
compliance with the provisions of the Securities Act until such time as there are no longer any Registrable Securities. Any such Subsequent Shelf shall be on Form F-3 to the extent that PubCo is eligible to
use such form, and shall be an automatic shelf registration statement as defined in Rule 405 promulgated under the Securities Act if PubCo is a well-known seasoned issuer as defined in Rule 405 promulgated under the Securities Act at the most recent
applicable eligibility determination date. 
 2.4    Demand for Underwritten Takedown. Subject to the Lock-Up Agreements and to the provisions of this Section 2.4 and Sections 2.5 and 3.4, at any time and from time to time when an effective Shelf is on file with the
Commission, either (x) the Holders of at least 20% of the then-outstanding number of Registrable Securities, (y) the Sponsor (acting on behalf of the Sponsor Parties), who shall not be permitted to demand more than three
(3) Underwritten Takedowns pursuant to this Section 2.4(y), or (z) a Significant Holder, each of which individually shall be permitted to demand only one (1) Underwritten Takedown pursuant to this
Section 2.4(z) (in each case, the “Demanding Holders”) may request to sell all or a portion of their Registrable Securities in an Underwritten Takedown in accordance with this
Section 2.4; provided that, PubCo shall only be obligated to effect an Underwritten Takedown if such Underwritten Offering shall include Registrable Securities proposed to be sold by the Demanding Holder with a total
offering price reasonably expected to exceed, in the aggregate, either (x) US$ 15,000,000 or (y) where the Demanding Holder is a Significant Holder or the Sponsor (acting on behalf of the Sponsor Parties), all remaining Registrable
Securities held by such Demanding Holder (the “Takedown Threshold”). 

  
 8 

 2.4.1    Takedown Demand Notice. All requests for an Underwritten
Takedowns shall be made by giving written notice to PubCo, which notice shall specify the number of Registrable Securities proposed to be sold in the Underwritten Takedown (such written notice, a “Takedown Demand”). 

2.4.2    Underwriters. The
majority-in-interest of the Demanding Holders initiating an Underwritten Takedown shall have the right to select the Underwriter(s) for such Underwritten Offering (which
shall consist of one or more nationally recognized investment banks). PubCo shall not be required to include any Holder’s Registrable Securities in such Underwritten Takedown unless such Holder accepts the terms of the underwriting as agreed
between PubCo and its Underwriter(s) in customary form and enters into and complies with an underwriting agreement with such Underwriter(s) in customary form (after having considered and taken reasonable account of comments of a single U.S. counsel
for the Holders which are selling in the Underwritten Takedown). Notwithstanding anything to the contrary in this Agreement, PubCo may effect any Underwritten Takedown pursuant to any then effective Registration Statement, including a Form F-3, that is then available for such offering. 
 2.4.3    Number and Frequency of
Underwritten Takedowns. Notwithstanding anything to the contrary in this Section 2.4, under no circumstances shall PubCo be obligated to effect (a) more than an aggregate of two (2) Underwritten Takedowns
within the first year following the Amalgamation Closing, (b) for the period commencing one year after the Amalgamation Closing, more than one (1) Underwritten Takedown within any three-month period, (c) more than three
(3) Underwritten Takedowns where the Sponsor (acting on behalf of the Sponsor Parties) is a Demanding Holder or (d) more than one (1) Underwritten Takedown where a given Significant Holder is the Demanding Holder under
Section 2.4(z). 
 2.5    Reduction of Underwritten Takedown. If the managing Underwriter or
Underwriters in an Underwritten Offering pursuant to a Takedown Demand advises PubCo and the Demanding Holders and the Holders requesting piggy back rights pursuant to this Agreement with respect to such Underwritten Offering (such Demanding Holders
and other requesting Holders, the “Requesting Holders”) (if any) in writing that the dollar amount or number of Registrable Securities that the Demanding Holders and the Requesting Holders (if any) desire to sell, taken together
with all other PubCo Shares or other equity securities that PubCo desires to sell and the PubCo Shares, if any, as to which a Registration has been requested pursuant to separate written contractual piggy-back registration rights held by any other
shareholders who desire to sell, exceeds the Maximum Number of Securities, then PubCo shall include in such Underwritten Offering: 

2.5.1    first, the Registrable Securities of the Demanding Holders and the Requesting Holders (if any) that can be sold
without exceeding the Maximum Number of Securities (to be allocated Pro Rata among the Demanding Holders and Requesting Holders if the Registrable Securities desired to be sold by such Holders in the aggregate would exceed the Maximum Number of
Securities);  
 2.5.2    second, to the extent that the
Maximum Number of Securities has not been reached under the foregoing subsection 2.5.1, the PubCo Shares or other equity securities that PubCo desires to sell, which can be sold without exceeding the Maximum Number of Securities; and 

2.5.3    third, to the extent that the Maximum Number of Securities has not been reached under the foregoing
subsections 2.5.1 and 2.5.2, any PubCo Shares or other equity securities of other persons or entities that PubCo is obligated to register pursuant to any separate written contractual arrangements with such persons and that can be sold
without exceeding the Maximum Number of Securities. 

  
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 2.6    Effective Registration. Notwithstanding any other provision in this
Agreement, a Registration will not count as an Underwritten Takedown until the Registration Statement filed with the Commission with respect to such Underwritten Takedown has been declared effective and PubCo has complied with all of its obligations
under this Agreement with respect to such Underwritten Takedown; provided, however, that if, after such Registration Statement has been declared effective, the offering of Registrable Securities pursuant to such Underwritten Takedown
is interfered with by any stop order or injunction of the Commission or any other governmental agency or court, the Registration Statement with respect to such Demand Registration will be deemed not to have been declared effective, unless and until,
(i) such stop order or injunction is removed, rescinded or otherwise terminated, and (ii) a majority in interest of the Demanding Holders, thereafter elects to continue the offering; provided, further, that PubCo shall not be
obligated to file a second Registration Statement until the Registration Statement that has been previously filed with respect to such Demand Registration becomes effective or is subsequently terminated. 

2.7    Withdrawal of Underwritten Takedown. 

2.7.1    Prior to the filing of the applicable preliminary or “red herring” Prospectus used for marketing an
Underwritten Takedown, a majority-in-interest of the relevant Demanding Holders shall have the right to withdraw from such Underwritten Takedown for any or no reason
whatsoever upon written notification to PubCo, each other Demanding Holder and Requesting Holder, and the applicable Underwriter(s). 

2.7.2    Following the receipt of any notice of withdrawal pursuant to subsection 2.7.1, the other Demanding
Holders and Requesting Holders, provided they collectively qualify as Demanding Holders pursuant to clauses (x), (y) or (z) of Section 2.4 and the Takedown Threshold would still be satisfied, may elect to continue with
the Underwritten Offering and such continued Takedown Demand shall count as a Takedown Demand of the continuing Demanding Holders for purposes of subsection 2.4.3 and not of the withdrawing Demanding Holders. 

2.7.3    If following a request under subsection 2.7.1 an Underwritten Takedown is withdrawn and not continued
pursuant to subsection 2.7.2, then the withdrawn Takedown Demand shall count as an Underwritten Takedown for purposes of subsection 2.4.3 (unless one or more of the Demanding Holders reimburse PubCo for all Registration Expenses with
respect to such Underwritten Takedown, in which case it shall not count as an Underwritten Takedown). 
  

	2.8	 Piggyback Registration. 

2.8.1    Piggyback Rights. Subject to subsection 2.9.3, if PubCo or any Holder proposes to conduct a
registered offering of, or if PubCo proposes to file a Registration Statement under the Securities Act with respect to the Registration of, equity securities, or securities or other obligations exercisable or exchangeable for, or convertible into
equity securities, for its own account or for the account of shareholders of PubCo (or by PubCo and by the shareholders of PubCo, including an Underwritten Takedown pursuant to Section 2.4), other than a Registration
Statement (a) filed in connection with any employee share option or other benefit plan, (b) for an exchange offer or offering of securities solely to PubCo’s existing shareholders, (c) for an offering of debt that is convertible
into equity securities of PubCo, (d) for a dividend reinvestment plan or (e) for a rights offering, then PubCo shall give written notice of such proposed filing or offering to all of the Holders of Registrable Securities as soon as
practicable but not less than five (5) days before the anticipated filing date of such Registration Statement, or, in the case of an Underwritten Offering pursuant to a Shelf Registration, the applicable preliminary “red herring”
Prospectus or prospectus supplement used for marketing such offering, which notice shall (x) describe the amount and type of securities to be included in such offering, the intended method(s) of distribution, and the name of the proposed
managing Underwriter or Underwriters, if any, in such offering, and (y) offer to all of the Holders of Registrable Securities the opportunity to register the sale of such number of Registrable Securities as such Holders may request in writing
within three (3) days after receipt of such written notice (such Registration a “Piggyback Registration”). Subject to subsection 2.8.2, PubCo shall, in good faith, cause such Registrable Securities to be included in such
Piggyback Registration and shall use reasonable efforts to cause the managing Underwriter or Underwriters of a proposed Underwritten Offering to permit the Registrable Securities requested by the Holders pursuant to this subsection 2.8.1 to
be included in such Piggyback Registration on the same terms and conditions as any similar securities of PubCo included in such Registration and to permit the sale or other disposition of such Registrable Securities in accordance with the intended
method(s) of distribution thereof. The inclusion of any Holder’s Registrable Securities in a Piggyback Registration shall be subject to such Holder’s agreement to enter into and comply with an underwriting agreement in customary form with
the Underwriter(s) duly selected for such Underwritten Offering. 

  
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 2.8.2    Reduction of Piggyback Registration. If the managing
Underwriter or Underwriters in an Underwritten Registration that is to be a Piggyback Registration advises PubCo and the Holders of Registrable Securities participating in the Piggyback Registration in writing that the dollar amount or number of the
PubCo Shares or other equity securities that PubCo desires to sell, taken together with (x) the PubCo Shares or other equity securities, if any, as to which Registration or a registered offering has been demanded pursuant to separate written
contractual arrangements with persons or entities other than the Holders of Registrable Securities hereunder, (y) the Registrable Securities as to which registration has been requested pursuant to Section 2.8 hereof,
and (z) the PubCo Shares or other equity securities, if any, as to which Registration or a registered offering has been requested pursuant to separate written contractual piggy-back registration rights of other shareholders of PubCo, exceeds
the Maximum Number of Securities, then: 
 (a)    If the Registration or registered offering is undertaken for
PubCo’s account, PubCo shall include in any such Registration or registered offering: 
 (i)    first, the PubCo
Shares or other equity securities that PubCo desires to sell, which can be sold without exceeding the Maximum Number of Securities; 

(ii)    second, to the extent that the Maximum Number of Securities has not been reached under the foregoing clause (i),
the Registrable Securities of Holders exercising their rights to register their Registrable Securities pursuant to subsection 2.8.1 that can be sold without exceeding the Maximum Number of Securities (to be allocated Pro Rata among such
Holders if the Registrable Securities desired to be sold by such Holders in the aggregate, when combined with those desired to be sold by PubCo, would exceed the Maximum Number of Securities); and 

(iii)    third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses
(i) and (ii), the PubCo Shares or other equity securities, if any, as to which Registration or a registered offering has been requested pursuant to written contractual piggy-back registration rights of other shareholders of PubCo, which can be
sold without exceeding the Maximum Number of Securities; and 
 (b)    If the Registration or registered offering is
pursuant to a demand by persons or entities other than the Holders of Registrable Securities, then PubCo shall include in any such Registration or registered offering: 

(i)    first, the PubCo Shares or other equity securities, if any, of such demanding persons or entities, other than the
Holders of Registrable Securities, which can be sold without exceeding the Maximum Number of Securities; 

  
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 (ii)    second, to the extent that the Maximum Number of Securities has
not been reached under the foregoing clause (i), the PubCo Shares or other equity securities that PubCo desires to sell, which can be sold without exceeding the Maximum Number of Securities; 

(iii)    third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses
(i) and (ii), the Registrable Securities of Holders exercising their rights to register their Registrable Securities pursuant to subsection 2.8.1, Pro Rata, which can be sold without exceeding the Maximum Number of Securities; and 

(iv)    fourth, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (i),
(ii) and (iii), the PubCo Shares or other equity securities for the account of other persons or entities that PubCo is obligated to register pursuant to separate written contractual arrangements with such persons or entities, which can be sold
without exceeding the Maximum Number of Securities. 
 (c)    If the Registration or registered offering is pursuant to
a request by Holder(s) of Registrable Securities pursuant to Section 2.4, then PubCo shall include in any such Registration or registered offering securities pursuant to Section 2.5. 

2.8.3    Piggyback Registration Withdrawal. Any Holder of Registrable Securities shall have the right to withdraw
from a Piggyback Registration for any or no reason whatsoever upon written notification to PubCo and the Underwriter or Underwriters (if any) prior to the effectiveness of the Registration Statement filed with the Commission with respect to such
Piggyback Registration or in the case of a Shelf Registration, prior to the filing of the applicable preliminary or “red herring” Prospectus used for marketing of the relevant offering or takedown thereunder. PubCo (whether on its own good
faith determination or as the result of a request for withdrawal by persons pursuant to separate written contractual obligations) may withdraw a Registration Statement filed with the Commission in connection with a Piggyback Registration (excluding
a Piggyback Registration by Holder(s) in connection with an Underwritten Takedown under Sections 2.1 to 2.6) at any time prior to the effectiveness of such Registration Statement. Notwithstanding anything to the contrary in this Agreement, PubCo
shall be responsible for the Registration Expenses incurred in connection with the Piggyback Registration prior to its withdrawal under this subsection 2.8.3.
  

	2.9	 Block Trades.  

2.9.1    Notwithstanding the foregoing (but subject to Section 3.4), at any time and from time to
time when an effective Shelf is on file with the Commission, if a Demanding Holder wishes to engage in an underwritten or other coordinated registered offering not involving a “roadshow,” an offer commonly known as a “block
trade” (a “Block Trade”), with a total offering price reasonably expected to exceed, in the aggregate, either (x) US$15,000,000 or (y) where the Demanding Holder is a Significant Holder or the Sponsor (acting on
behalf of the Sponsor Parties), all remaining Registrable Securities held by such Demanding Holder, then such Demanding Holder shall notify PubCo and any Significant Holders and Sponsor of the Block Trade at least five (5) Business Days prior
to the day such offering is to commence and PubCo shall as expeditiously as possible use reasonable efforts to facilitate such Block Trade; provided that the Demanding Holders representing a majority of the Registrable Securities wishing to
engage in the Block Trade shall use reasonable efforts to work with PubCo and any Underwriters prior to making such request in order to facilitate preparation of the Registration Statement, Prospectus and other offering documentation related to the
Block Trade. 

  
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 2.9.2    Prior to the filing of the applicable “red herring”
Prospectus or prospectus supplement used in connection with a Block Trade, a majority-in-interest of the Demanding Holders initiating such Block Trade shall have the
right to withdraw upon written notification to PubCo and the Underwriter or Underwriters (if any). Notwithstanding anything to the contrary in this Agreement, PubCo shall be responsible for the Registration Expenses incurred in connection with a
Block Trade prior to its withdrawal under this Section 2.9.2. 
 2.9.3    Only Significant
Holders or Sponsor (acting on behalf of the Sponsor Parties) may exercise Piggyback Registration rights in connection with a Block Trade; with respect to other Holders, Section 2.8 hereof shall not apply to a Block Trade
initiated by a Demanding Holder pursuant to this Agreement. Notwithstanding the time periods provided for in Section 2.8, in a Significant Holder’s or Sponsor’s (acting on behalf of the Sponsor Parties) exercise
of Piggyback Registration rights in connection with a Block Trade, PubCo and the Demanding Holder shall not be obligated to include such Significant Holder’s or Sponsor’s (acting on behalf of the Sponsor Parties) Registrable Securities in
such Block Trade unless requested to do so in writing within the Business Day immediately following the date on which notice of the Block Trade is given pursuant to subsection 2.9.1. 

2.9.4    The Demanding Holder in a Block Trade shall have the right to select the Underwriters for such Block Trade (which
shall consist of one or more reputable nationally recognized investment banks). 
 2.9.5    Holders in the aggregate may
demand no more than one (1) Block Trade pursuant to this Section 2.9 in any three (3) month period, and no more than three (3) Block Trades pursuant to this Section 2.9 within the
first twelve (12) months following the Amalgamation Closing. For the avoidance of doubt, any Block Trade pursuant to this Section 2.9 shall not be counted as an Underwritten Takedown for purposes of subsection
2.4.3. 
 2.10    Market Stand-Off Agreement. PubCo and each Holder given an
opportunity to participate in an Underwritten Offering of equity securities of PubCo pursuant to the terms of this Agreement agrees that it shall not Transfer any PubCo Shares or other equity securities of PubCo (other than those included in such
offering pursuant to this Agreement), without the prior written consent of the managing Underwriters, during the 90-day period beginning on the date of pricing of such offering. PubCo and each Holder agrees to
execute a customary lock-up agreement in favor of the relevant Underwriters to such effect (in the case of a Holder, in each case on substantially the same terms and conditions as all such Holders). 

ARTICLE 3 
 PUBCO
PROCEDURES 
 3.1    General Procedures. In connection with any Shelf and/or Underwritten Takedown, PubCo shall use
reasonable efforts to effect such Registration to permit the sale of such Registrable Securities in accordance with the intended plan of distribution thereof, and pursuant thereto PubCo shall, as expeditiously as possible: 

3.1.1    prepare and file with the Commission as soon as practicable a Registration Statement with respect to such
Registrable Securities and use reasonable efforts to cause such Registration Statement to become effective and remain effective until such time as there are no longer any Registrable Securities; 

  
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 3.1.2    prepare and file with the Commission such amendments and
post-effective amendments to the Registration Statement, and such supplements to the Prospectus, as may be reasonably requested by any Holder that holds at least five (5.0%) percent of the Registrable Securities registered on such Registration
Statement, or in the case of an Underwritten Takedown where the Sponsor (acting on behalf of the Sponsor Parties) is a Demanding Holder, the Sponsor (acting on behalf of the Sponsor Parties), or any Underwriter of Registrable Securities or as may be
required by the rules, regulations or instructions applicable to the registration form used by PubCo or by the Securities Act or rules and regulations thereunder to keep the Registration Statement effective until all Registrable Securities
covered by such Registration Statement are sold in accordance with the intended plan of distribution set forth in such Registration Statement or supplement to the Prospectus; 

3.1.3    prior to filing a Registration Statement or Prospectus, or any amendment or supplement thereto, furnish without
charge to the Underwriters, if any, and the Holders of Registrable Securities included in such Registration, and such Holders’ legal counsel, copies of such Registration Statement as proposed to be filed, each amendment and supplement to such
Registration Statement (in each case including all exhibits thereto and documents incorporated by reference therein), the Prospectus included in such Registration Statement (including each preliminary Prospectus), and such other documents as the
Underwriters and the Holders of Registrable Securities included in such Registration or the legal counsel for any such Holders may request in order to facilitate the disposition of the Registrable Securities owned by such Holders; 

3.1.4    prior to any public offering of Registrable Securities, use reasonable efforts to (a) register or qualify
the Registrable Securities covered by the Registration Statement under such securities or “blue sky” laws of such jurisdictions in the United States as the Holders of Registrable Securities included in such Registration Statement (in light
of their intended plan of distribution) may request and (b) take such action necessary to cause such Registrable Securities covered by the Registration Statement to be registered with or approved by such other governmental authorities as may be
necessary by virtue of the business and operations of PubCo and do any and all other acts and things that may be necessary or advisable to enable the Holders of Registrable Securities included in such Registration Statement to consummate the
disposition of such Registrable Securities in such jurisdictions; provided, however, that PubCo shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify or take
any action which would subject it to general service of process or taxation in any such jurisdiction where it is not then otherwise so subject; 

3.1.5    cause all such Registrable Securities to be listed on each securities exchange or automated quotation system on
which similar securities issued by PubCo are then listed; 
 3.1.6    provide a transfer agent, as applicable, and
registrar for all such Registrable Securities no later than the effective date of such Registration Statement; 

3.1.7    advise each seller of such Registrable Securities, promptly, and in no event later than one Business Day, after
it shall receive notice or obtain knowledge thereof, of the issuance of any stop order by the Commission suspending the effectiveness of such Registration Statement or the initiation or threatening of any proceeding for such purpose and promptly
take all actions reasonably required to prevent the entry of any stop order or to obtain its withdrawal if such stop order should be entered; 

  
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 3.1.8    at least five (5) Business Days prior to the filing of any
Registration Statement or Prospectus or any amendment or supplement to such Registration Statement or Prospectus or any document that is to be incorporated by reference into such Registration Statement or Prospectus, furnish a copy thereof to each
seller of such Registrable Securities or its counsel (excluding any exhibits thereto and any filing made under the Exchange Act that is to be incorporated by reference therein) and thereafter, take reasonable account of comments of counsel to such
seller; 
 3.1.9    notify the Holders at any time when a Prospectus relating to such Registration Statement is required
to be delivered under the Securities Act, of the happening of any event as a result of which the Prospectus included in such Registration Statement, as then in effect, includes a Misstatement, and then to promptly correct such Misstatement as set
forth in Section 3.4 hereof; 
 3.1.10    permit a representative of the Holders (such representative to be
selected by a majority-in-interest of the participating Holders), the Underwriters, if any, and any attorney or accountant retained by such Holders or Underwriter to
participate, at each such person’s own expense (other than with respect to Registration Expenses), in the preparation of the Registration Statement, and cause PubCo’s officers, directors and employees to supply all information reasonably
requested by any such representative, Underwriter, attorney or accountant in connection with the Registration; provided, however, that such representative, or Underwriters enter into a confidentiality agreement, in customary form and
substance reasonably satisfactory to PubCo, prior to the release or disclosure of any such information; 

3.1.11    obtain a “comfort” letter from PubCo’s independent registered public accountants in the event of
an Underwritten Registration, in customary form and covering such matters of the type customarily covered by “comfort” letters as the managing Underwriter may reasonably request, and reasonably satisfactory to a majority-in-interest of the participating Holders; 

3.1.12    in the event of an Underwritten Registration, on the date the Registrable Securities are delivered for sale
pursuant to such Registration, obtain (a) an opinion, dated such date, of counsel representing PubCo for the purposes of such Registration, addressed to the participating Holders, the placement agent or sales agent, if any, and the
Underwriters, if any, covering such legal matters with respect to the Registration in respect of which such opinion is being given as the participating Holders, placement agent, sales agent, or Underwriter may reasonably request and as are
customarily included in such opinions, and reasonably satisfactory to a majority-in-interest of the participating Holders, and (b) a negative assurance (“10b-5”) letter, dated such date, of counsel representing PubCo for the purposes of such Registration, addressed to the placement agent or sales agent, if any, and the Underwriters, if any, covering such
legal matters with respect to the Registration in respect of which such 10b-5 letter is being given as the placement agent, sales agent, or Underwriter may reasonably request and as are customarily included in
such 10b-5 letters; 
 3.1.13    in the event of any Underwritten Offering,
enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing Underwriter of such offering; 

3.1.14    make available to its security holders, as soon as reasonably practicable, an earnings statement covering the
period of at least twelve (12) months beginning with the first day of PubCo’s first full calendar quarter after the effective date of the Registration Statement which satisfies the provisions of Section 11(a) of the
Securities Act and Rule 158 thereunder (or any successor rule then in effect);

  
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 3.1.15    with respect to an Underwritten Offering pursuant to
Section 2.4, use reasonable efforts to make available senior executives of PubCo to participate in customary “road show” presentations that may be reasonably requested by the Underwriter in such Underwritten
Offering; and 
 3.1.16    otherwise, in good faith, cooperate reasonably with, and take such customary actions as may
reasonably be requested by the participating Holders, consistent with the terms of this Agreement, in connection with such Registration. 

3.2    Registration Expenses. The Registration Expenses of all Registrations shall be borne by PubCo. It is acknowledged by the
Holders that each Holder shall bear any Underwriters’ commissions and any related transfer taxes attributable to the sale of such Holder’s Registrable Securities in connection with any Underwritten Takedown. 

3.3    Requirements for Participation in Underwritten Offerings. Each Holder shall provide such information as may reasonably be
required by PubCo, or the managing Underwriter or placement agent or sales agent, if any, in connection with the preparation of any Registration Statement or Prospectus, including amendments and supplements thereto, in order to effect the
Registration of any Registrable Securities under the Securities Act pursuant to Article 2 and in connection with PubCo’s obligation to comply with federal and applicable state securities laws. Notwithstanding anything in this Agreement
to the contrary, if any Holder does not provide such information, PubCo may exclude such Holder’s Registrable Securities from the applicable Registration Statement or Prospectus if PubCo determines, based on the advice of reputable external
counsel, that such information is necessary to effect the Registration and such Holder continues thereafter to withhold such information. No person may participate in any Underwritten Offering for equity securities of PubCo pursuant to a
Registration initiated by PubCo hereunder unless such person: 
 3.3.1    agrees to sell such person’s securities
on the basis provided in any customary underwriting arrangements approved by PubCo (after having considered and taken reasonable account of comments of a single U.S. counsel for the Holders which are selling in the Underwritten Offering); and 

3.3.2    completes and executes all customary questionnaires, powers of attorney,
indemnities, lock-up agreements, underwriting agreements and other customary documents as may be reasonably required under the terms of such underwriting arrangements. 

The exclusion of a Holder’s Registrable Securities as a result of this Section 3.3 shall not affect the Registration of the
other Registrable Securities to be included in such Registration. 
 3.4    Suspension of Sales; Adverse Disclosure.
Notwithstanding any provision of this Agreement to the contrary, upon written notice to the Holders, PubCo shall have the right to defer any registration of Registrable Securities hereunder or suspend the disposition of Registrable Securities
pursuant to an existing Registration Statement covering such Registrable Securities for such period as may be applicable, in each case if PubCo determines, in the good faith judgment of the Board of Directors of PubCo (as certified to the Holders in
a certificate signed by the Chairman of the Board), that it would be materially detrimental to PubCo and its shareholders for such registration of Registrable Securities to be effected or for a party to dispose of Registrable Securities pursuant to
an existing Registration Statement at such time; provided, however, that PubCo shall not have the right to exercise the right set forth in this Section 3.4 more than twice or for more than 60 consecutive days or more than a total
of 120 days in any 12-month period hereunder. 

  
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 3.5    Reporting Obligations. As long as any Holder shall own Registrable
Securities, PubCo, at all times covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by PubCo after the date hereof pursuant to Sections
13(a) or 15(d) of the Exchange Act and to promptly furnish the Holders with true and complete copies of all such filings; provided that any documents publicly filed or furnished with the Commission pursuant to the Electronic
Data Gathering, Analysis and Retrieval system shall be deemed to have been furnished or delivered to the Holders pursuant to this Section 3.5. PubCo further covenants that it shall take such further action as any Holder may
reasonably request, all to the extent required from time to time to enable such Holder to sell PubCo Shares held by such Holder without registration under the Securities Act within the limitation of the exemptions provided by Rule 144
promulgated under the Securities Act (or any successor rule then in effect). Upon the request of any Holder, PubCo shall deliver to such Holder a written certification of a duly authorized officer as to whether it has complied with such
requirements. 
 ARTICLE 4 

INDEMNIFICATION AND CONTRIBUTION 

4.1    Indemnification by PubCo. To the extent permitted by law, PubCo agrees to indemnify and hold harmless each Holder of
Registrable Securities, its officers, employees, directors, affiliates, partners, members, attorneys and agents, and each person, if any, who controls such Holder (within the meaning of the Securities Act) (each, a “Holder Indemnified
Party”), from and against all losses, judgments, claims, damages, liabilities and expenses (including without limitation reasonable outside attorneys’ fees), whether joint or several, arising out of or that are based upon any untrue or
alleged untrue statement of material fact contained in any Registration Statement, Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto, or arising out of or that are based upon any omission or alleged omission of a
material fact required to be stated therein or necessary to make the statements therein not misleading, or any violation by PubCo of the Securities Act or any rule or regulation promulgated thereunder applicable to PubCo and relating to action or
inaction required of PubCo in connection with any such registration, PubCo shall promptly reimburse the Holder Indemnified Party for any reasonable expenses properly incurred by such Holder Indemnified Party in connection with investigating and
defending any proceeding or action to which this Section 4.1 applies (including the reasonable fees and disbursements of legal counsel), loss, judgment, claim, damage, liability or action, except insofar as the same are
caused by or contained in any information furnished in writing to PubCo by such Holder expressly for use therein. PubCo shall indemnify the Underwriters, their officers and directors and each person who controls such Underwriters (within the meaning
of the Securities Act) to the same extent as provided in the foregoing with respect to the indemnification of the Holder Indemnified Party.

4.2    Information Provided by Holders. To the extent permitted by law, each Holder shall indemnify and hold harmless PubCo, its
officers, employees, directors, affiliates, partners, members, attorneys and agents and each person, if any, who controls PubCo (within the meaning of the Securities Act) from and against all losses, judgements, claims, damages, liabilities and
expenses (including without limitation reasonable outside attorneys’ fees), whether joint or several, arising out of or that are based upon any untrue statement of material fact contained in the Registration Statement, Prospectus or preliminary
Prospectus or any amendment thereof or supplement thereto or any omission of a material fact required to be stated therein or necessary to make the statements therein not misleading, but only to the extent that such untrue statement or omission was
made in reliance upon and in conformity with information furnished in writing by such Holder to PubCo expressly for use therein; provided, however, that the obligation to indemnify shall be several, not joint or joint and several,
among such Holders of Registrable Securities, and the liability of each such Holder of Registrable Securities shall be in proportion to and limited to the net proceeds received by such Holder from the sale of Registrable Securities pursuant to such
Registration Statement. The Holders of Registrable Securities shall indemnify the Underwriters, their officers, directors and each person who controls such Underwriters (within the meaning of the Securities Act) to the same extent as provided in the
foregoing with respect to indemnification of PubCo. 

  
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 4.3    Indemnification Process. 

4.3.1    Any person entitled to indemnification herein shall: 

(a)    give prompt written notice to the indemnifying party of any claim with respect to which it seeks indemnification
(provided that the failure to give prompt notice shall not impair any person’s right to indemnification hereunder to the extent such failure has not materially prejudiced the indemnifying party); and 

(b)    permit an indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the
indemnified party. 
 4.3.2    If such defense is assumed, the indemnifying party shall not be subject to any liability
for any settlement made by the indemnified party without its consent (but such consent shall not be unreasonably withheld, conditioned or delayed). 

4.3.3    The indemnified party shall have the right to employ separate counsel (but no more than one such separate
counsel, which counsel is reasonably acceptable to the indemnifying party) to represent the indemnified party and its controlling persons who may be subject to liability arising out of any claim in respect of which indemnity may be sought by the
indemnified party against the indemnifying party, with the reasonably incurred fees and expenses of such counsel to be paid by such indemnifying party if the indemnified party and the indemnifying party are named as defendants and, based upon the
written opinion of counsel of such indemnified party, representation of both the indemnified party and the indemnifying party by the same counsel would be inappropriate due to actual or potential differing interests between them. 

4.3.4    No indemnifying party shall, without the prior written consent of the indemnified party, consent to the entry of
any judgment or enter into any settlement of any claim or pending or threatened proceeding in respect of which the indemnified party is or could have been a party and indemnity could have been sought hereunder by such indemnified party which
(i) cannot be settled in all respects by the payment of money (and if any such money is required to be paid under such judgment or settlement it shall be so paid by the indemnifying party pursuant to the terms of such judgment or settlement),
or (ii) settlement includes a statement or admission of fault or culpability on the part of an indemnified party or (iii) settlement does not include as an unconditional term thereof the giving by the claimant or plaintiff to each
indemnified party of a release from all liability in respect to such claim or litigation. 
 4.3.5    The
indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made by or on behalf of the indemnified party or any officer, director or controlling person of such indemnified party and shall
survive the transfer of securities. 

  
 18 

 4.4    Contribution. If the indemnification provided under Sections 4.1,
4.2, and 4.3 from the indemnifying party is judicially determined to be unavailable or insufficient to hold harmless an indemnified party in respect of any losses, claims, damages, liabilities and out-of-pocket expenses referred to herein, then the indemnifying party, in lieu of indemnifying the indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of
such losses, claims, damages, liabilities and out-of-pocket expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying party and the
indemnified party in connection with the actions or omissions which resulted in such loss, claim, damage, liability or action, as well as any other relevant equitable considerations. The relative fault of any indemnifying party and any indemnified
party shall be determined by reference to, among other things, whether any action in question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact, was made by (or omitted to
be made by, in the case of an omission), or relates to information supplied by (or not supplied by, in the case of an omission), such indemnifying party or indemnified party, and the indemnifying party’s and indemnified party’s relative
intent, knowledge, access to information and opportunity to correct or prevent such statement or omission; provided, however, that the liability of any Holder under this subsection 4.4 shall be limited to the amount of the net
proceeds actually received by such Holder in such offering giving rise to such liability, and no Holder shall have any liability for contribution to the extent that such Holder would not have been liable for indemnification pursuant to this
Agreement. The amount paid or payable by an indemnified party as a result of the losses or other liabilities referred to above shall be deemed to include, subject to the limitations set forth in subsections 4.1, 4.2 and 4.3
above, legal or other fees, charges or out-of-pocket expenses reasonably incurred by such indemnified party in connection with any investigation or proceeding. The
parties hereto agree that it would not be just and equitable if contribution pursuant to this subsection 4.4 were determined by pro rata allocation or by any other method of allocation, which does not take account of the equitable
considerations referred to in this subsection 4.4. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution pursuant to this subsection
4.4 from any person who was not guilty of such fraudulent misrepresentation. 
 ARTICLE 5 

MISCELLANEOUS 

5.1    Notices. All general notices, demands or other communications required or permitted to be given or made hereunder
(“Notices”) shall be in writing and delivered personally or sent by courier or sent by electronic mail to the intended recipient thereof. Any such Notice shall be deemed to have been duly served (a) if given personally or sent
by local courier, upon delivery during normal business hours at the location of delivery or, if later, then on the next Business Day after the day of delivery; (b) if sent by electronic mail during normal business hours at the location of
delivery, immediately, or, if later, then on the next Business Day after the day of delivery; or (c) the third Business Day following the day sent by reputable international overnight courier (with written confirmation of receipt). Any notice
or communication under this Agreement must be addressed, if to PubCo, to: PropertyGuru Group Limited, Paya Lebar Quarter, 1 Paya Lebar Link, #12-01/04, Singapore 408533, Attention: Hari V. Krishnan and Joe
Dische (email: hari@propertyguru.com and joe@propertyguru.com, with a copy to legal@propertyguru.com), and if to any Holder, at such Holder’s address or contact information as set forth under such Holder’s signature to this Agreement or to
such Holder’s address as found in PubCo’s books and records. Any party may change its address for notice at any time and from time to time by written notice to the other parties hereto, and such change of address shall become effective
thirty (30) days after delivery of such notice as provided in this Section 5.1. Any Holder not desiring to receive Notices at any time and from time to time may so notify the other parties, who shall thereafter not
make, give or deliver any Notice to such Holder until duly notified otherwise (or until the expiry of any period specified in such Holder’s notice). 

  
 19 

 5.2    Assignment; No Third Party Beneficiaries; Exercise of Sponsor Rights. 

5.2.1    This Agreement and the rights, duties and obligations of PubCo hereunder may not be assigned or delegated by PubCo
in whole or in part. 
 5.2.2    Prior to the expiration of the lock-up period
applicable to such Holder pursuant to any Lock-Up Agreement, no Holder may assign or delegate such Holder’s rights, duties or obligations under this Agreement, in whole or in part, except in connection
with a transfer of Registrable Securities by such Holder to a Permitted Transferee but only if such Permitted Transferee agrees to become bound by the terms and conditions of this Agreement. After the expiration of the
lock-up period applicable to such Holder pursuant to any Lock-Up Agreement, the Holder may assign or delegate such Holder’s rights, duties or obligations under this
Agreement, in whole or in part, to any person to whom it transfers Registrable Securities; provided that such Registrable Securities remain Registrable Securities following such transfer, and such person agrees to be bound by the terms and
conditions of this Agreement. 
 5.2.3    Where a reference is made to Sponsor exercising any right with respect to, or
acting on behalf of the Sponsor Parties, the Sponsor shall have the right to exercise the rights of the Sponsor with respect to any or all Registrable Securities held by any or all of the Sponsor Parties and any threshold applicable to the exercise
of such rights shall be deemed to include all such Registrable Securities held by any of the Sponsor Parties which are the subject to the relevant demand, exercise of rights or other action. Notwithstanding the provisions of
Section 5.2.2, the rights set forth in this Agreement as rights of “the Sponsor (acting on behalf of the Sponsor Parties)”, including under Sections 2.4, 2.9 and 3.1 (the “Sponsor
Specific Rights”) shall only be exercisable by the Sponsor (acting on behalf of the Sponsor Parties and for and with respect to any Registrable Securities of any of the Sponsor Parties) and not by any other Sponsor Party unless and until
Sponsor no longer holds any Registrable Securities, following which time the Sponsor Party holding the largest number of Registrable Securities at any given time shall be deemed to have been assigned the Sponsor Specific Rights as
“Sponsor” and such Sponsor Party shall be the sole Sponsor Party with the power to exercise the Sponsor Specific Rights as “Sponsor” for and on behalf of any then remaining Sponsor Parties, and the provisions of this sentence
shall also apply subsequently if any such Sponsor Party ceases to hold Registrable Securities. 
 5.2.4    This
Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors and the permitted assigns of the Holders, which shall include Permitted Transferees. 

5.2.5    This Agreement shall not confer any rights or benefits on any persons that are not parties hereto, other than as
expressly set forth in this Agreement and Section 5.2 hereof.
 5.2.6    No assignment by any
party hereto of such party’s rights, duties and obligations hereunder shall be binding upon or obligate PubCo unless and until PubCo shall have received (i) written notice of such assignment as provided in Section 5.1 hereof and
(ii) the written agreement of the assignee, in the form attached as an Exhibit hereto (an “Addendum Agreement”), to be bound by the terms and conditions of this Agreement. Any transfer or assignment made other than as provided in this
Section 5.2 shall be null and void. The execution of an Addendum Agreement by the parties thereto shall constitute a permitted amendment of this Agreement notwithstanding the provisions of
Section 5.8. 

  
 20 

 5.3    Counterparts. This Agreement may be executed in multiple counterparts
(including by electronic means), each of which shall be deemed an original, and all of which together shall constitute the same instrument, but only one of which need be produced. 

5.4    Governing Law; Venue. Each party expressly agrees that this Agreement, and all claims or causes of action based upon,
arising out of, or related to this Agreement or the transactions contemplated hereby, shall be governed by, and construed in accordance with, the laws of the State of Delaware, without giving effect to principles or rules of conflict of laws to the
extent such principles or rules would require or permit the applicable of laws of another jurisdiction. Any claim or cause of action based upon, arising out of or related to this Agreement or the transactions contemplated hereby may be brought in
federal and state courts located in the State of Delaware, and each of the parties irrevocably submits to the exclusive jurisdiction of each such court, waives any obligation it may now or hereafter have to personal jurisdiction, venue or to
convenience of forum, agrees that all claims in respect of any cause of action may be heard and determined only in any such court, and agrees not to bring any cause of action arising out of or relating to this Agreement or the transactions
contemplated hereby in any other court. Nothing herein contained shall be deemed to affect the right of any party to serve process in any manner permitted by law or to commence legal proceedings or otherwise proceed against any other party in any
other jurisdiction, in each case, to enforce judgments obtained in any action brought pursuant to this Section 5.4. EACH OF THE PARTIES HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY ACTION BASED UPON,
ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 
 5.5    Severability. The invalidity or
unenforceability of any specific provision of this Agreement shall not invalidate or render unenforceable any of its other provisions. Any provision of this Agreement held invalid or unenforceable shall be deemed reformed, if practicable, to the
extent necessary to render it valid and enforceable and to the extent permitted by law and consistent with the intent of the parties to this Agreement. 

5.6    Entire Agreement. This Agreement sets forth the entire understanding of the parties with respect to the subject matter
hereof. There are no agreements, representations, warranties, covenants or understandings among the parties with respect to the subject matter hereof other than those expressly set forth herein and therein. This Agreement supersedes all other prior
agreements and understandings between the parties with respect to such subject matter. 
 5.7    Construction. The language used
in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent, and no rule of strict construction will be applied against any party. Unless the context otherwise requires: (a) “or” is disjunctive
but not exclusive; (b) words in the singular include the plural, and in the plural include the singular; (c) the words “hereof,” “herein,” “hereunder” and words of similar import when used in this Agreement
refer to this Agreement as a whole and not to any particular provision of this Agreement, and section and subsection references are to this Agreement unless otherwise specified; (d) the term “including” is not limiting and means
“including without limitation”; (e) whenever the context requires, any pronouns used herein shall include the corresponding masculine, feminine or neuter forms; (f) references to agreements and other documents shall be deemed to
include all subsequent amendments and other modifications or supplements thereto; and (g) references to statutes shall include all regulations promulgated thereunder and references to statutes or regulations shall be construed as including all
statutory and regulatory provisions consolidating, amending or replacing the statute or regulation.    The headings, subheadings and captions contained in this Agreement are included for convenience of reference only, and in no
way define, limit or describe the scope of this Agreement or the intent of any provision hereof. 

  
 21 

 5.8    Amendments and Modifications. Upon the written consent of PubCo and the
Holders of at least a majority of the Registrable Securities at the time in question and the Sponsor, compliance with any of the provisions, covenants and conditions set forth in this Agreement may be waived, or any of such provisions, covenants or
conditions may be amended or modified; provided, however, that notwithstanding the foregoing, any amendment hereto or waiver hereof that adversely affects one Holder, solely in its capacity as a holder of the shares of capital stock of
PubCo, in a manner that is materially different from the other Holders (in such capacity) shall require the prior written consent of the Holder so affected. No course of dealing between any Holder or PubCo and any other party hereto or any failure
or delay on the part of a Holder or PubCo in exercising any rights or remedies under this Agreement shall operate as a waiver of any rights or remedies of any Holder or PubCo. No single or partial exercise of any rights or remedies under this
Agreement by a party shall operate as a waiver or preclude the exercise of any other rights or remedies hereunder or thereunder by such party. 

5.9    Other Registration Rights. PubCo represents and warrants that no person, other than (a) a Holder of Registrable
Securities, or (b) a holder of PIPE Securities, has any right to require PubCo to register any securities of PubCo for sale or to include such securities of PubCo in any Registration filed by PubCo for the sale of securities for its own account
or for the account of any other person. The Holders hereby acknowledge that PubCo has granted resale registration rights to holders of PIPE Securities in the PIPE Subscription Agreements. As of the Amalgamation Closing there will not be any
registration rights related to securities of PubCo other than under this Agreement and the PIPE Subscription Agreements. 

5.10    Termination of Prior Agreements and Effectiveness of this Agreement. 

5.10.1    Each of the Acquiror, the Sponsor and the “Holders” (as defined in the Prior Acquiror Agreement) hereby
agrees that the Prior Acquiror Agreement shall terminate as of the Merger Closing, and thereafter shall be of no further force and effect. 

5.10.2    Each of the Acquiror, the Company and the Holders who are party to the Prior Company Agreement acknowledge and
agree that the Prior Company Agreement shall be terminated, with effect from the Amalgamation Closing, pursuant to the Company Holders Support Agreement. 

5.10.3    This Agreement shall take effect as of and from the Amalgamation Closing; provided, that if the Business
Combination Agreement is terminated prior to the Amalgamation Closing, this Agreement shall not become effective and shall be deemed void. The rights and obligations of [REA Asia Holding Co. Pty Ltd] pursuant to this Agreement shall take effect
from, and are subject to and conditioned upon, the completion of Project Panama. 
 5.10.4    With effect from the
Merger Closing, each party to this Agreement hereby irrevocably waives and agrees not to exercise or enforce any rights it may have in respect of the registration of Registrable Securities pursuant to any other agreement including, without
limitation, any PIPE Subscription Agreement. 
 5.11    Term. This Agreement shall terminate, with respect to any Holder, on the
date that such Holder no longer holds any Registrable Securities. Notwithstanding the foregoing, the provisions of Section 3.2, Section 3.5 and Section 4 shall
survive any termination. 
 [Signature Pages Follow] 

  
 22 

 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be executed as of
the date first written above. 
  

			
	PROPERTYGURU GROUP LIMITED
		
	By:	 	 /s/ Daniel Wong

	Name:	 	Daniel Wong
	Title:	 	Director
	
	Address for Notices:
	
	 PO Box 309, Ugland House, Grand Cayman,

Cayman Islands KY-1104

	
	BRIDGETOWN 2 LLC
		
	By:	 	 /s/ Daniel Wong

	Name:	 	Daniel Wong
	Title:	 	Manager
	
	Address for Notices:
	
	 c/o 38/F Champion Tower, 3 Garden Road,

Central, Hong Kong

 
			
	BRIDGETOWN 2 HOLDINGS LIMITED
		
	By:	 	 /s/ Daniel Wong

	Name:	 	Daniel Wong
	Title:	 	Director
	
	Address for Notices:
	
	 c/o 38/F Champion Tower, 3 Garden Road,

Central, Hong Kong

	
	PROPERTYGURU PTE. LTD.
		
	By:	 	 /s/ Hari Vembakkam Krishnan

	Name:	 	Hari Vembakkam Krishnan
Chief Executive Officer and
	Title:	 	Managing Director
	
	 Address for Notices:

	
	1 Paya Lebar Link
	#12-01 to #12-04
	Paya Lebar Quarter
	Singapore 408533
	
	EPSILON ASIA HOLDINGS II PTE. LTD
		
	By:	 	 /s/ Adam John Hyland

	Name:	 	Adam John Hyland
	 Title:
	 	Director
	
	 Address for Notices:

	
	8 Marina View
	#33-04 Asia Square Tower 1
	Singapore 018960
	
	Attention: General Counsel
	Facsimile No.: +65 6922 5801
	E-mail Address: N.A.
	
	TPG ASIA VI SF PTE. LTD.
		
	By:	 	 /s/ David Tan

	Name:	 	David Tan
	Title:	 	Director
	
	 Address for Notices:

	
	83 Clemenceau Avenue
	#11-01 UE Square
	Singapore 239920
	
	Attention: Mr Nicholas Kay
	Facsimile No.: +65 6390 5001

	E-mail Address:
	tpglegaldepartment@tpg.com

 
			
	TPG ASIA VI SPV GP LLC
	(in its capacity as general partner of TPG Asia VI Digs 1 L.P.)
		
	By:	 	 /s/ Michael LaGatta

	Name:	 	Michael LaGatta
	Title:	 	Vice President
	
	 Address for Notices:

	
	c/o TPG Global LLC
	301 Commerce Street
	Suite 3300, Fort Worth, TX 76102
	United States of America

	
	Attention: Office of General Counsel
	Facsimile No.: +1 (817) 871 4001
	E-mail Address: tpglegaldepartment@tpg.com
	
	REA ASIA HOLDING CO. PTY LTD
		
	By:	 	 /s/ Janelle Suzanne Hopkins

	Name:	 	Janelle Suzanne Hopkins
	Title:	 	Director
	
	 Address for Notices:

	
	511 Church Street, Richmond VIC 3121
	Australia
	
	Attn: Tamara Kayser, General Counsel

	Email: legalteam@realestate.com.au and tamara.kayser@rea-group.com
	
	Daniel Wong
	
	 /s/ Daniel Wong

	
	Address for Notices:
	
	[REDACTED]
	
	John R. Hass
	
	 /s/ John R. Hass

	
	Address for Notices:
	
	[REDACTED]

 
	
	Samuel Altman
	
	 /s/ Samuel Altman

	
	Address for Notices:
	
	[REDACTED]
	
	Steven Teichman
	
	 /s/ Steven Teichman

	
	Address for Notices:
	
	[REDACTED]
	
	In Joon Hwang
	
	 /s/ In Joon Hwang

	
	Address for Notices:
	
	[REDACTED]

  

			
	FWD FUJI LIFE INSURANCE COMPANY LIMITED
		
	By:	 	 /s/ Keiji Katsuragawa

	 Name:
	 	Keiji Katsuragawa
	Title:	 	Head of Investment Division
	
	 Address for Notices:

	
	Nihonbashi-Honcho Nichome Building
	2-2-5, Nihonbashi-Honcho, Chuo-ku
	Tokyo 103-0023, Japan

  

			
	 FWD LIFE INSURANCE PUBLIC COMPANY

LIMITED

		
	By:	 	 /s/ David Korunic

	Name:	 	David Korunic
	Title:	 	Authorized director
		
	By:	 	 /s/ Apirak Chitranondh

	Name:	 	Apirak Chitranondh
	Title:	 	Authorized director
	
	 Address for Notices:

 
 14th, 16th, 26-29th Floor,

Sindhorn Building Tower III,
 No. 130-132 Wireless Road,

Lumpini Sub-District,
 Pathumwan District, Bangkok, Thailand
10330

 EXHIBIT 

Addendum Agreement 
 This
Addendum Agreement (“Addendum Agreement”) is executed on             , 20    , by the undersigned (the “New Holder”) pursuant to the
terms of that certain Registration Rights Agreement dated as of [            ], 2021 (the “Agreement”), by and among PropertyGuru Group Limited, a Cayman Islands exempted
company (“PubCo”), Bridgetown 2 LLC, a Cayman Islands limited liability company, certain parties identified as Holders therein, and, solely for the purposes of Section 5.10, Bridgetown 2 Holdings Limited, a Cayman Islands
exempted company, and solely for the purposes of Section 5.10, PropertyGuru Pte. Ltd., a Singapore private company limited by shares, as such Agreement may be amended, supplemented or otherwise modified from time to time. Capitalized terms used
but not defined in this Addendum Agreement shall have the respective meanings ascribed to such terms in the Agreement. By the execution of this Addendum Agreement, the New Holder agrees as follows: 

1.    Acknowledgment. New Holder acknowledges that New Holder is acquiring certain Registrable Securities (as
defined in the Agreement) as a transferee of such Registrable Securities from a party in such party’s capacity as a holder of Registrable Securities under the Agreement, and after such transfer, New Holder shall be considered a
“Holder” and a holder of Registrable Securities for all purposes under the Agreement. 

2.    Agreement. New Holder hereby (a) agrees that the Registrable Securities shall be bound by and subject to
the terms of the Agreement and (b) adopts the Agreement with the same force and effect as if the New Holder were originally a party thereto. 

3.    Notice. Any notice required or permitted by the Agreement shall be given to New Holder at the address or
facsimile number listed below New Holder’s signature below. 
  

							
	 NEW HOLDER:
	    	 ACCEPTED AND AGREED:

			
	Print Name:	 	              
	    	 PropertyGuru Group Limited

				
	By:	 	              
	    	 By:

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