AREIT : Reinvestment Plan Progress Report

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AREIT, Inc.AREIT PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report
Reference: Section 6 of the Amended PSE Listing Rules for REITS

• Annual Report
• Quarterly Report

Subject of the Disclosure

Final Tranche Final Report on the Disbursement of Proceeds from the Sale of The 30th Commercial Development ("The 30th") to AREIT, Inc. ("AREIT")

Background/Description of the Disclosure

Final Progress Report on the Application of Proceeds for the first tranche, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the sale of The 30th commercial development to AREIT

Update or Status of the Reinvestment Plan

As of January 28, 2022, ALI already disbursed the total net proceeds amounting to Four Billion Five Hundred Sixty-Four Million Two Hundred Eighty-Five Thousand Seven Hundred Fourteen and Twenty Eight Centavos (Php4,564,285,714.28), in accordance with its Reinvestment plan.

Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period

Project Name: Parklinks Disbursing Entity: ALI Eton Property Development Corporation Amount: Php833,000,000.00 Project Name: Gatewalk Central Disbursing Entity: Cebu District Property Enterprise, Inc. Amount: Php164,024,444.13 Project Name: One Ayala (Malls) Disbursing Entity: ALI Commercial Center Inc Amount: Php384,716,788.50 Project Name: One Ayala (BPO) Disbursing Entity: ALI Commercial Center Inc Amount: Php558,480,000.00 Project Name: Pampanga Property Disbursing Entity: Unity Realty & Dev't Corp. Amount: Php955,000,000.00 Project Name: Tarlac Property Disbursing Entity: Ayala Land, Inc. Amount: Php427,780,654.18 Project Name: Arbor Lanes 1-5 Disbursing Entity: Ayala Land Inc. Amount: Php97,190,715.62 Project Name: Orean Place 1 Disbursing Entity: Ayala Land Inc. Amount: Php87,228,373.66 Project Name: Avida Towers Vireo T1-3 Disbursing Entity: Ayala Land Inc. Amount: Php83,762,364.83 Project Name: Avida Towers Sola T1-2 Disbursing Entity: Ayala Land Inc. Amount: Php40,153,422.48 Project Name: Avida Towers Abreeza T1 Disbursing Entity: Accendo Development Corp. Amount: Php119,684,770.86 Project Name: Amaia Steps Alabang Helena Disbursing Entity: Amaia Land, Corp. Amount: Php36,520,910.68 Project Name: Mandaluyong Property Disbursing Entity: Avida Land, Inc. Amount: Php335,000,000.00 Project Name: Ilagan Property Disbursing Entity: Avida Land Inc. Amount: Php81,628,212.80 Project Name: Laguna Property Disbursing Entity: Avida Land Inc. Amount: Php67,035,109.47 Project Name: Batangas Property Disbursing Entity: Avida Land Inc. Amount: Php20,034,977.92 Project Name: Cavite Property Disbursing Entity: Amaia Land Corp. Amount: Php77,044,969.15 Project Name: Quezon City Property Disbursing Entity: Amaia Land Corp. Amount: Php61,000,000.00 Project Name: Cavite Property Disbursing Entity: Laguna Technopark Inc. Amount: Php135,000,000.00

Description of Real Estate Assets and/or Infrastructure Projects for the Period

Parklinks - A 5-storey mall with approx. GLA of 50k sqm, a BPO tower with approx. GLA of 13k sqm and a residential development Gatewalk Central - A 4-level retail space with 115k sqm GLA and a 9-level office space on top with 20k sqm GLA One Ayala (Malls) - 5-storey regional mall with trade hall facilities (50k sqm GLA) One Ayala (BPO) - A two- tower office development (74k sqm GLA) Pampanga Property - Land acquisition Tarlac property - Land acquisition Arbor Lanes 1-5 - 5-tower high-rise residential development in Taguig Avida Towers Vireo T1-3 - 3-tower residential development in Taguig Avida Towers Sola T1-2 - 2-tower residential development in Quezon City Cavite Property - Land Acquisition Quezon City Property - Land Acquisition Cavite Property - Land Acquisition Orean Place 1 - 36-storey residential tower in Quezon City Avida Towers Abreeza T1 - Residential development Amaia Steps Alabang Helena - 256-unit low rise residential development Mandaluyong Property - Land Acquisition Ilagan Property - Land Acquisition Laguna Property - Land Acquisition Batangas Property - Land Acquisition

Other Relevant Information

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Filed on behalf by:

Name	Michael Blase Aquilizan
Designation	Associate Manager