CapitaLand Ascott Trust announced appointment of Lui Chong Chee as Non-Executive Independent Director. Working Experience: 1 September 2014 to 31 December 2019 Managing Director and Chief Executive Officer, Far East Orchard Limited, Singapore 1 January 2011 to 1 March 2014 Group Chief Financial Officer, Raffles Medical Group Limited, Singapore. Mr. Lui Chong Chee was formerly a director of CapitaLand Ascott Trust Management Limited (then known as Ascott Residence Trust Management Limited, the manager of Ascott Residence Trust) from June 2008 to May 2010.

He also served as a director of the following companies: 1. Far East Orchard Limited (September 2014 to December 2019) 2. CapitaMall Trust Management Limited, the manager of CapitaMall Trust (November 2001 to June 2005 and November 2008 to February 2010) 3. CapitaChina Trust Management Limited, the manager of CapitaChina Trust (June 2008 to May 2010) 4. CapitaCommercial Trust Management Limited, the manager of CapitaCommercial Trust ("CCT") (February 2004 to June 2005 and July 2008 to May 2010). CCT was delisted from the Official List of the Singapore Exchange Securities Trading Limited ("SGX-ST") on 3 November 2020. 5. Raffles Holdings Limited ("RHL") (July 2002 to March 2007).

RHL was delisted from the Official List of SGX-ST on 13 December 2006. Professional Qualifications: Bachelor of Science in Business Administration, New York University, United States 2. Master of Business Administration, New York University, United States 3. Advanced Management Program, Harvard Business School.