Manulife US Real Estate Investment Trust announced the Resignation of William D. Gantt III, Age 54, as Chief Executive Officer. Issuer & Securities Issuer/Manager: MANULIFE US REAL ESTATE MANAGEMENT PTE. LTD. Mr. Gantt works with the Board to determine the strategy for MUST and with other members of the management team to execute MUST's investment strategy.

Mr. Gantt is also responsible for the overall day-to-day management and operations of MUST, working with the Manager's investment, asset management, financial and legal and compliance personnel in meeting the strategic, investment and operational objectives of MUST. Mr. Tripp Gantt will be stepping down as CEO on 30 June 2024 due to pressing family needs that require his full time and attention. A suitable and qualified individual has been identified to replace him and the appointment, which is subject to regulatory approval, will be made in due course.

Mr. Gantt will collaborate closely with the Board and new Management team to ensure a seamless transition. The Board of Directors wishes to take this opportunity to thank Mr. Gantt for his services to the REIT Manager and Manulife US REIT during his term of office. Other DirectorShips Past: Everview Capital Partners Non-Executive Director Crane Capital Partners, LLC Advisory Board Evergreen Real Estate Partners, LLC Advisory Board Gateway China Real Estate Fund III, LP Advisory Committee Gateway China Real Estate Fund V, LP Advisory Committee Gaw NP Vietnam Fund I, LP Advisory Committee Indochina Land Holdings 3, LP Advisory Committee Century Bridge China Real Estate Fund, LP Investor Advisory Committee Century Bridge China Real Estate Fund II, LP Investor Advisory Committee Warburg Pincus Real Estate I, LP Advisory Committee, Valuation Committee Union Square, LLC Executive Managing Board.

Other DirectorShips Present: Manulife US REIT Alpha (Singapore) Pte. Ltd. Manulife US REIT Beta (Singapore) Pte. Ltd. Manulife US REIT Beta 2 (Singapore) Pte.

Ltd. Manulife US REIT Beta 3 (Singapore) Pte. Ltd. Manulife US REIT Beta 4 (Singapore) Pte. Ltd. Manulife US REIT Beta 5 (Singapore) Pte.

Ltd. Manulife US REIT Beta 6 (Singapore) Pte. Ltd. Manulife US REIT Beta 7 (Singapore) Pte. Ltd. Manulife US REIT Beta 8 (Singapore) Pte.

Ltd. Manulife US REIT Beta 9 (Singapore) Pte. Ltd. Manulife US REIT Beta 10 (Singapore) Pte. Ltd.