EC World Real Estate Investment Trust : Change - Announcement Of Appointment Of Chief Financial Officer ("CFO")

Mr. Wang joined the EC World Asset Management Pte. Ltd. (the 'Manager' of EC World REIT) on 1 November 2016 and last held as the Acting CFO of the Company. 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 as well as assisted in EC World REIT's refinancing exercise in 2019.

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 and has in-depth knowledge on key corporate reporting issues including valuation, lease and revenue recognition. In addition, Mr. Wang has had more than 12 years' experience as a project manager in real estate development industry before joining KPMG.