The Transfer Books and Register of Unitholders of First Real Estate Investment Trust will be closed at 5.00 p.m. on 10 May 2023 (the "Record Date") to determine Unitholders' entitlements to First REIT's distribution. First REIT has announced a distribution of 0.62 cents per unit in First REIT ("Unit") for the period from 1 January 2023 to 31 March 2023, comprising a taxable income component of 0.02 cents per Unit, a tax-exempt income component of 0.28 cents per Unit and a capital component of 0.32 cents per Unit (the "Distribution"). Unitholders of First REIT ("Unitholders") whose securities accounts with The Central Depository (Pte) Limited ("CDP") are credited with Units as at the Record Date will be entitled to the Distribution to be paid on 26 June 2023.

Units trade ex-Distribution is 9 May 2023.