Ascott Residence Trust announced that it will distribute 2.332 Singapore cents per Stapled Security for the period from 1 January 2022 to 30 June 2022, comprising: Taxable income component of 0.320 Singapore cents per Stapled Security; Tax-exempt income component of 0.701 Singapore cents per Stapled Security; Capital component of 0.759 Singapore cents per Stapled Security. Distribution from Ascott Business Trust ("Ascott BT"). Tax-exempt income component of 0.552 Singapore cents per Stapled Security.

Stapled Securityholders must complete and return the applicable form(s) to Boardroom Corporate & Advisory Services Pte. Ltd.'s office by 17 August 2022 at 5.00 p.m. in order to receive a gross distribution or a distribution net of 10% tax, as the case may be. Payment of Distribution is August 29, 2022.

Closing of the Transfer Books and Register of Stapled Securityholders of ART is August 8, 2022.