(Constituted in Republic of Singapore pursuant to a trust deed dated 17 March 2011 (as amended))

LOAN FACILITY OBTAINED BY KEPPEL DC REIT GROUP

The Board of Directors of Keppel DC REIT Management Pte. Ltd., as manager of Keppel DC REIT (the "Manager"), wishes to announce that a wholly-owned subsidiary of Keppel DC REIT, Keppel DC REIT Fin. Company Pte. Ltd. ("KDCRFC"), has obtained the Loan Facility (as defined below) guaranteed by Perpetual (Asia) Limited (in its capacity as trustee of Keppel DC REIT) pursuant to a facility agreement dated 10 September 2021 (the "Facility Agreement").

There is a condition of the Loan Facility in the Facility Agreement which makes reference to a change in the manager of Keppel DC REIT. A description of the relevant condition is set out below:

Loan Facility

Relevant Condition

KDCRFC, as borrower, obtained

Under the terms and conditions of the Facility Agreement,

a EUR20 million 5-year term loan

KDCRFC as borrower shall within ten business days prepay

facility (the "Loan Facility").

any outstanding loans together with accrued interest and all

other moneys owing under or pursuant to the Loan Facility if

the Manager ceases to be a Subsidiary (as defined in the

Facility Agreement) of Keppel Corporation Limited (the

"Prepayment Event").

Assuming the occurrence of the Prepayment Event which will require KDCRFC (as borrower) to prepay the outstanding loans under the Loan Facility, and that such occurrence would cause a cross default under other borrowings of the Keppel DC REIT group, the aggregate level of facilities that may be affected is, as at the date of this announcement, approximately S$1,568.2 million (excluding interest and fees).

As at the date of this announcement, the aforesaid condition has not been breached.

BY ORDER OF THE BOARD

Keppel DC REIT Management Pte. Ltd. (Company Registration No. 199508930C) (as manager of Keppel DC REIT)

Tan Weiqiang, Marc / Chiam Yee Sheng

Joint Company Secretaries

10 September 2021

Important Notice

This Announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for units in Keppel DC REIT ("Units").

This Announcement may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from other companies and venues for the sale or distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses (including employee wages, benefits and training costs), governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. Investors are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager's view of future events. The past performance of Keppel DC REIT and the Manager is not necessarily indicative of the future performance of any of them.

The value of Units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager, or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.

Investors have no right to request the Manager to redeem their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on Singapore Exchange Securities Trading Limited ("SGX-ST"). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.

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Keppel DC REIT published this content on 10 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 September 2021 09:41:09 UTC.