EC World Real Estate Investment Trust appointed Wang Feng as Acting Chief Financial Officer. Date of appointment is January 10, 2020. Mr. Wang's qualification and experience (as set out below) makes him a suitable candidate to assume the responsibility of the overall finance, accounting, tax, treasury, risk management functions for EC World REIT as well as overseeing compliance matters and the implementation of EC World REIT's short and medium-term business plans, and REIT management activities. Experience Mr. Wang joined the EC World Asset Management Pte. Ltd. (the "Manager" of EC World REIT) on 1 November 2016 and is currently the Deputy Chief Financial Officer. Prior to this, Mr. Wang was heading the compliance and risk management functions of the Manager and was responsible for internal audit, risk management and compliance with requirements under the Securities and Futures Act and the Code on Collective Investment Schemes for ECW and the Manager, and advising the Manager on its risk management and compliance processes. Prior to joining the Manager, Mr. Wang was an Audit Manager with KPMG Singapore. He spent over 5 years at KPMG providing audit and review services. In addition, Mr. Wang had more than 12 years' experience as a project manager in real estate development industry before joining KPMG.