SPH REIT : New Board Director Appointed

FOR IMMEDIATE RELEASE

Media Release

NEW BOARD DIRECTOR APPOINTED

SINGAPORE, 18 November 2020 - SPH REIT Management Pte. Ltd. ("SPHRM") has appointed Mrs Trina Loh (吳素蓉) as an independent non-executive director to its Board with effect from 1 December 2020. She will be a member of the Audit and Risk Committee and the Nominating and Remuneration Committee (NRC) with effect from 1 December 2020 too. Mrs Loh will be replacing Mr David Chia, who is stepping down from the SPHRM Board as director and Chairperson of the NRC on the same day.

Mrs Loh, 61, was the Group Managing Director of GuocoLand (Singapore) Pte. Ltd. She joined GuocoLand in 1999 and retired in 2013. She was the General Manager in Wheelock Property Development Ltd from 1994 to 1999. Prior to this, she was living overseas, and worked in the Investment Property Data Bank, an established portfolio analyst firm in London. She has more than 30 years of real estate experience in various countries, including Singapore, United Kingdom, New Zealand and China.

She is also a member of the Singapore Institute of Surveyors and Valuers, and a director with Temasek Foundation Ecosperity (2018 to current) and Singapore Pools (2014 to 2020).

Mrs Loh said: "I would like to thank SPHRM for the opportunity to serve on the Board. Though we are facing unprecedented challenges due to the COVID-19 pandemic and the global recession, SPH REIT has the solid foundation, sound management and quality assets to weather the storm. I look forward to working with the Board to further its growth and success."

Dr Leong Horn Kee, Chairman of the SPHRM Board, said: "On behalf of the SPHRM Board, I welcome Trina. Her many years of experience and expertise in the real

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estate industry will be a valuable addition to the Board, especially in these challenging times. We look forward to her valuable contributions."

Dr Leong added: "I would also like to thank David for serving on the Board all these years. He has contributed to SPH REIT's strong foundation and steady growth since its IPO. We wish him all the best in his future endeavours."

Attached - Photo of Mrs Trina Loh

Issued by SPH REIT Management Pte. Ltd.

Co. Regn. No. 201305497E

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For more information, please contact:

Chin Soo Fang

Head

Corporate Communications & CSR

Singapore Press Holdings

DID: 6319 1216

Email:[e-mail]

ABOUT SPH REIT

SPH REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia-Pacific, as well as real estate-related assets.

SPH REIT has a portfolio of five assets in Singapore and Australia.

Its portfolio of properties in Singapore comprises a 99-year leasehold interest in Paragon, a 99-year leasehold interest in The Clementi Mall and a 99-year leasehold interest in The Rail Mall. These Singapore properties have an aggregate net lettable area of approximately 960,000 sq. ft.

In Australia, SPH REIT owns a 50% freehold interest in Westfield Marion Shopping Centre, the largest regional shopping centre in Adelaide, South Australia. SPH REIT also owns an 85% interest in Figtree Grove Shopping Centre, a freehold sub-regional shopping centre in Wollongong, New South Wales, Australia. Both Australian properties have an aggregate gross lettable area of approximately 1.7 million sq. ft.

Visit SPH REIT's website at www.sphreit.com.sgfor more detail

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