Frasers Property Thailand recognised for its strong sustainability achievements for the second consecutive year

PRESS RELEASE

Frasers Property Thailand recognised for its strong sustainability achievements for the second consecutive year

BANGKOK, 26 OCTOBER 2021

Frasers Property (Thailand) Public Company Limited or "FPT", a leading integrated real estate platform in Thailand, announces its sustainability achievements, operating under the Environmental, Social, Governance (ESG) compliance in 2021. It has been accorded the following accolades:

• Being included in the Thailand Sustainability Investment (THSI) 2021
• The 5-star "Excellent" rating from the Thai Institute of Directors (IOD) for the year 2021 on the Corporate Governance of Listed Companies survey
• The "A" rating for public disclosure, and Green Star recognition for its standing investments and development projects by Global Real Estate Sustainability Benchmark (GRESB)

Mr. Thanapol Sirithanachai, Country Chief Executive Officer of Frasers Property Thailand, said: "Sustainability is at the cornerstone of our business strategies and practices as we continue to strengthen FPT's position as one of Thailand's leading real estate developers through our integrated residential, industrial and commercial platform. This is the second consecutive year we have been recognised both globally and locally for our strong efforts in pursuing ESG initiatives. As we grow from strength to strength, we will continue to create inspiring experiences and places for good by partnering with our stakeholders in delivering sustainable impact."

By virtue of its excellent performance in corporate governance, environmental and social responsibility, Frasers Property Thailand was included in the Stock Exchange of Thailand's list of Thailand Sustainability Investment (THSI) for the year 2021. Furthermore, among the companies listed in the Stock Exchange of Thailand (SET), FPT was rated 5-Star (Excellence) based on the survey results on corporate governance of Thai-listed companies by the Securities and Exchange Commission (SEC), the Thai Institute of Directors Association (IOD) and the SET.

At the global level, the Company received an "A" rating for public disclosure, and Green Star recognition for standing investments and development projects. The Green Star designation is awarded to participants which demonstrate an integrated approach on ESG issues.

To drive its businesses towards consistently good ESG performance and meeting Frasers Property Group's target to be a net-zero carbon corporation by 2050, FPT will proactively embark on initiatives to reduce greenhouse gas emissions and energy consumption as well as adopt innovation to thrive sustainably.

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About Frasers Property (Thailand) Public Company Limited

Frasers Property (Thailand) Public Company Limited ("FPT"), a subsidiary of Frasers Property Group is a leading integrated real estate platform with multi-asset class expertise. FPT through its subsidiary, Golden Land Property Development Public Company Limited ("GOLD") has businesses in Industrial, Residential, Commercial and Hospitality property in Thailand.

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PRESS RELEASE

FPT is also the sponsor and manager of Thailand's largest industrial REIT, Frasers Property Thailand Industrial Freehold & Leasehold REIT ("FTREIT"), which is focused on industrial and logistics properties in Thailand; while

GOLD is a sponsor and property manager of Golden Ventures Leasehold Real Estate Investment Trust

("GVREIT"), a REIT focused on commercial properties. FPT, GOLD, FTREIT and GVREIT are listed on the Stock

Exchange of Thailand.

For more information on FPT, please visit: frasersproperty.co.th

About Frasers Property Limited

Frasers Property Limited ("Frasers Property" and together with its subsidiaries, the "Frasers Property Group" or the "Group"), is a multi-nationaldeveloper-owner-operator of real estate products and services across the property value chain. Listed on theMain Board of the Singapore Exchange Securities Trading Limited ("SGX-ST") and headquartered in Singapore, the Group has total assets of approximately S$39.2 billion as at 31 March 2021.

Frasers Property's multi-national businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 70 cities and 20 countries across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts ("REITs") and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It has committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and are invested in promoting a progressive, collaborative and respectful culture.

Frasers Property, please visit frasersproperty.comor follow us on LinkedIn.

For more information, please contact:

Frasers Property (Thailand) Public Company Limited

Hataikan Duttadintorn / Dolhatai Likanasudh

T. [phone]

E [e-mail]/ [e-mail]

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