Manulife US Real Estate Investment Trust : Announcement of AGM

MANULIFE US REAL ESTATE INVESTMENT TRUST

(Constituted in the Republic of Singapore pursuant to a Trust Deed dated 27 March 2015 (as amended and restated))

ANNUAL GENERAL MEETING TO BE HELD ON 20 APRIL 2023

• 1. Manulife US Real Estate Management Pte. Ltd., as manager of Manulife US Real Estate Investment Trust ("Manulife US REIT", and as manager of Manulife US REIT, the "Manager"), wishes to announce that the annual general meeting ("AGM") of the holders of units in Manulife US REIT ("Units" and the holders of Units, "Unitholders") will be convened and held at Stephen Riady Auditorium @ NTUC, NTUC Centre, Level 7, One Marina Boulevard, Singapore 018989 on Thursday, 20 April 2023 at 10:00 a.m. (Singapore time).

  The Manager's Interim Chairman, Mr Stephen James Blewitt and Chief Executive Officer, Mr William D. Gantt III, will conduct the proceedings of the AGM and address substantial and relevant questions which Unitholders have submitted in advance of, or live at, the AGM.

• 2. Notice of AGM and Proxy Form. Printed copies of the Notice of AGM and the proxy form (the "Proxy Form") will be mailed to Unitholders. Copies of these documents will also be sent to Unitholders by way of electronic means via publication on Manulife US REIT's website at the URLhttps://www.manulifeusreit.sg and on the SGX website at the URLhttps://www.sgx.com/securities/company-announcements.

• 3. No option for Unitholders to participate virtually. This AGM is being convened and will be held in a wholly physical format. There will be no option for Unitholders to participate virtually.

  Due to the constantly evolving COVID-19 situation in Singapore, the Manager may be required to change the arrangements for the AGM at short notice. Further, the Manager may implement such COVID-19 safe management measures (including vaccination-differentiated safe management measures) at the AGM as may be required or recommended under any regulations, directives, measures or guidelines that may be issued from time to time by any government or regulatory agency in light of the COVID-19 situation in Singapore. Unitholders should check Manulife US REIT's website at the URLhttps://www.manulifeusreit.sg and on the SGX website at the URLhttps://www.sgx.com/securities/company-announcements for the latest updates on the status of the AGM.

• 4. Submission of questions in advance of the AGM. Unitholders, including SRS investors, or where applicable, their appointed proxy(ies) will be able to ask questions in person at the AGM.

Unitholders can also submit questions related to the resolutions to be tabled for approval at the AGM to the Chairman of the AGM in advance of the AGM. In order to do so, Unitholders must submit their questions in the following manner by 10:00 a.m. on Thursday, 6 April 2023.

• (a) If submitted electronically via email [e-mail](with subject title "AGM Questions"); or

• (b) If questions are submitted by post, the letter to be addressed to and deposited at the registered office of the Unit Registrar, Boardroom Corporate & Advisory Services Pte. Ltd, at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632.

Unitholders who submit questions by email or by post must provide the following information:

• (i) the Unitholder's full name;

• (ii) the Unitholder's address; and

• (iii) the manner in which the Unitholder holds Units in Manulife US REIT (e.g., via CDP or SRS).

The Manager will endeavour to address all substantial and relevant questions (which are related to the resolutions to be tabled for approval at the AGM), received from Unitholders in advance of the AGM, prior to or during the AGM. The Manager will publish the responses to those questions which the Manager will not be addressing during the AGM, on Manulife US REIT's website at the URLhttps://www.manulifeusreit.sg,and on SGXNet prior to the AGM. The minutes of the AGM will be published on Manulife US REIT's website at the URLhttps://www.manulifeusreit.sg,and on the SGXNet within 1 month from the date of the AGM.

5.

Persons who hold Units through relevant intermediaries. Persons who hold Units through relevant intermediaries, other than SRS investors, and who wish to participate in the AGM are not to use the Proxy Form and should contact the relevant intermediary through which they hold such Units as soon as possible in order for the necessary arrangements to be made.

Persons who hold Units through relevant intermediaries, other than SRS investors, may vote at the AGM (i) by being appointed as proxies by their respective relevant intermediaries, or (ii) specify their voting instructions to / arrange for their votes to be submitted with their respective relevant intermediaries.

SRS investors:

• (a) may vote at the AGM if they are appointed as proxies by their respective SRS Operators, and should contact their respective SRS Operators if they have any queries regarding their appointment as proxies; or

• (b) specify their voting instructions to / arrange for their votes to be submitted with their respective SRS Operators, and should approach their respective SRS Operators by 5:00 p.m. on Monday, 10 April 2023, being at least seven (7) working days before the date of the AGM, to ensure their votes are submitted.

For avoidance of doubt, SRS investors will not be able to use the Proxy Form and appoint third party proxy(ies) to vote at the AGM on their behalf.

• 6. Key dates/deadlines. The table below sets out the key dates/deadlines for Unitholders to note:

  Key dates	Actions
  10:00 a.m. on 6 April 2023 (Thursday)	Deadline for Unitholders to submit questions to the Chairman of the AGM in advance.
  5:00 p.m. on 10 April 2023 (Monday)	Deadline for SRS investors to approach their respective SRS Operators to submit their votes.
  10:00 a.m. on 17 April 2023 (Monday)	Deadline for Unitholders to submit the Proxy Forms.
  Date and Time of AGM: 10:00 a.m. on 20 April 2023 (Thursday)	Unitholders or, where applicable, their duly appointed proxy(ies) may attend the AGM in person at the Stephen Riady Auditorium @ NTUC, NTUC Centre, Level 7, One Marina Boulevard, Singapore 018989. There will be no option to participate virtually.

• 7. Annual Report 2022. The Annual Report of Manulife US REIT for the financial year ended 31 December 2022 (the "Annual Report") has been published on Manulife US REIT's website, and

  may be accessed at the URLhttps://www.manulifeusreit.sg.

  The Annual Report may also be accessed onhttps://www.sgx.com/securities/company-announcements.

  theSGXwebsiteattheURL

• 8. Further information. For more information, Unitholders can refer to Manulife US REIT's website at the URLhttps://www.manulifeusreit.sg,or contract the Unit Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., [e-mail].

• 9. Important reminder. Due to the constantly evolving COVID-19 situation in Singapore, the Manager may be required to change its arrangements for the AGM at short notice. Unitholders should check Manulife US REIT's website at the URLhttps://www.manulifeusreit.sg or SGX website athttps://www.sgx.com/securities/company-announcements for the latest updates on the status of the AGM.

BY ORDER OF THE BOARD

Manulife US Real Estate Management Pte. Ltd. (Company Registration No. 201503253R)

As manager of Manulife US Real Estate Investment Trust

William D. Gantt III

Chief Executive Officer

29 March 2023

IMPORTANT NOTICE

The past performance of Manulife US REIT is not indicative of future performance. The listing of the units of Manulife US REIT ("Units") on the Singapore Exchange Securities Trading Limited (the "SGX-ST") does not guarantee a liquid market for the Units. The value of the 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. An investment in the Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request that the Manager redeem or purchase their Units while the Units are listed on the SGX-ST. It is intended that Unitholders may only deal in their Units through trading on the SGX-ST.

This announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for the Units.

APPENDIX

Steps for submission of questions in advance of the AGM and voting at the AGM

Unitholders may submit questions related to the resolutions to be tabled for approval at the AGM to the Chairman of the AGM in advance of the AGM.

Unitholders or, where applicable, their duly appointed proxy(ies) attending the AGM may also cast their votes in real time for each resolution to be tabled at the AGM.

To do so, Unitholders will need to complete the following steps:

Steps

Details

1. Submission of questions (if any) in advance of the AGM

Unitholders will be able to submit questions related to the resolutions to be tabled for approval at the AGM to the Chairman of the AGM in advance of the AGM. Submission of questions in advance of the AGM In order for Unitholders to do so, Unitholders must submit their questions in the following manner: (a) If submitted electronically via email. Unitholders may submit their questions via email [e-mail] (with subject title "AGM Questions"); or (b) If questions are submitted by post. Unitholders may also submit their questions by post to: Manulife US Real Estate Management Pte. Ltd. (as Manager of Manulife US REIT) c/o Boardroom Corporate & Advisory Services Pte. Ltd. 1 Harbourfront Avenue #14-07 Keppel Bay Tower Singapore 098632 When sending in your questions by post or via email, please also provide us with the following details: • your full name; • your address; and • the manner in which you hold Units in Manulife US REIT (e.g. via CDP or SRS) Deadline to submit questions. All questions must be submitted and received by 10:00 a.m. on Thursday, 6 April 2023.