Far East Hospitality Trust announced retirement of Mr. Cheng Jue Hiang Willie as an Independent Director of FEO Hospitality Asset Management Pte. Ltd., as manager of Far East Hospitality Real Estate Investment Trust (the "REIT Manager"), and FEO Hospitality Trust Management Pte. Ltd., as trustee-manager of Far East Hospitality Business Trust (the "Trustee-Manager", and together with the REIT Manager, the "Managers"). Mr. Willie Cheng is stepping down from the Boards of the Managers as he will be reaching his 9 years tenure of office as an independent director of the REIT Manager on 23 July 2021 and he decided to retire as part of the renewal process of the Board.