Insider Trades

Remarks
Acceptance of 230,571 performance-based contingent units in Suntec REIT ("Units") pursuant to the Suntec Performance Unit Plan ("PUP") implemented by ESR Trust Management (Suntec) Limited, being the manager of Suntec REIT (the "Manager").

Immediately after the transaction

No. of rights/options/warrants held: 409,698
No. of shares/units underlying the rights/options/warrants: 0

The Suntec PUP is a long-term incentive plan implemented by the Manager to rewards its key executives for outstanding performance that drives long term value creation of unitholders of Suntec REIT.

Under the PUP, the contingent award of 230,571 Units is subject to the achievement of performance condition(s) set over a 3 year period (from 1 January 2025 - 31 December 2027). The release of the performance-based Units, which for the avoidance of doubt comprise solely Units held by the Manager, will be determined based on the extent to which the specified performance condition(s) and other condition(s) (if any) have been satisfied.

At the end of the third year, the performance Units to be vested will be subject to a performance factor. The performance factor to be applied will range from 0% to 150%.

Remarks
Acquisition of Securities as part of management, acquisition and/or divestment fees paid by the Listed Issuer

Immediately after the transaction

No. of ordinary voting shares/units held: 4069827 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.13800000 (Direct Interest); 0.00000000 (Deemed Interest)

In accordance with the Trust Deed, the Manager may elect from time to time to receive its management fee in the form of units / or cash. The Manager has elected to receive 50% of its management fee in units so as to align the interest of the Manager with the interests of the Unitholders of Suntec REIT.

1. Total number of units used in the computation of the percentage interest (before the transaction) above is 2,937,832,603.

2. Total number of units used in the computation of the percentage interest (after the transaction) above is 2,941,902,430.

Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)

ESR Trust Management (Suntec) Limited has sold 4,069,827 units that it is entitled to receive as partial payment of its management fee to ESR Real Estate Investors 22 Pte. Ltd. (formerly known as ARA Real Estate Investors 22 Pte. Ltd.), a wholly-owned subsidiary of ESR Group Limited and has in connection with the sale, directed that such units be issued in favour of ESR Real Estate Investors 22 Pte. Ltd. instead of ESR Trust Management (Suntec) Limited.

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025 ("Transaction").

ESR Group Limited has a deemed interest in 310,366,102 units of the Listed Issuer, comprising of 310,366,102 units held by ESR Real Estate Investors 22 Pte Ltd, a wholly-owned subsidiary of ESR Group Limited, amounting to a total interest in 310,366,102 units in the Listed Issuer.

Alexandrite Gem Holdings Limited ("AGHL") and Athena Logistics Holding Ltd ("ALHL") are each indirectly wholly-owned by certain private equity funds which are limited partnerships ("the Funds") managed by Warburg Pincus LLC, a New York limited liability company. Warburg Pincus XII, L.P., a Delaware limited partnership ("WP XII GP") and Warburg Pincus China GP, L.P., a Delaware limited partnership ("WPC GP") are the general partners of the Funds.

WP Global LLC, a Delaware limited liability company ("WP Global"), is the general partner of each of WP XII GP and WPC GP.

Warburg Pincus Partners II, L.P., a Delaware limited partnership ("WPP II"), is the managing member of WP Global.

Warburg Pincus Partners GP LLC, a Delaware limited liability company ("WPP GP LLC"), is the general partner of WPP II.

Warburg Pincus & Co., a New York general partnership ("WP"), is the managing member of WPP GP LLC.

WP Nepheline Ltd ("WPNL"), WP Ekanite Gem Ltd ("WPEG"), WP Andesine Holding Ltd ("WPAH") are each indirectly wholly-owned by certain private equity funds which are limited partnerships ("the Other Funds") managed by Warburg Pincus (Bermuda) Private Equity GP Ltd, a Bermuda limited liability company. Warburg Pincus Asia Real Estate GP, L.P. ("WPARE"), WP Ekanite Gem GP Ltd. ("WPEG GP") and Warburg Pincus (Cayman) China-Southeast Asia II GP, L.P ("WPCSA GP") are the general partners of the Other Funds.

Warburg Pincus Asia Real Estate GP, LLC ("WPARE GP"), a Cayman Islands limited liability company, is the general partner of WPARE.

Warburg Pincus Co-Investment GP (Cayman), Ltd. ("WPC GP"), a Cayman Islands limited liability company, is the managing member of WPEG GP.

Warburg Pincus (Cayman) China-Southeast Asia II GP LLC ("WPCSA") is the general partner of WPCSA GP.

Warburg Pincus Partners II (Cayman), L.P. ("WPPC II"), a Cayman Islands limited liability company, is the managing member of each of WPARE GP and WPCSA, as well as the sole member of WPC GP.

Warburg Pincus (Bermuda) Private Equity GP Ltd ("WPBPE GP"), is the general partner of WPPC II.

Following the completion of the Transaction, AGHL, ALHL, WPNL, WPEG and WPAH collectively hold more than 20% of MEGA EquityCo and more than 20% of the voting shares in ESR Group Limited. MEGA BidCo is 100% owned by MEGA FinCo, which is in turn 100% owned by MEGA Intermediate HoldCo, which is in turn 100% owned by MEGA EquityCo.

Accordingly, each of AGHL, ALHL, WP Global, WPP II, WPP GP LLC and WP, as well as each of WPNL, WPEG, WPAH, WPARE GP, WPC GP, WPCSA, WPPC II and WPBPE GP, is deemed to have an interest in the 310,366,102 units of the Listed Issuer that ESR Group Limited has a deemed interest in.

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025 ("Transaction").

ESR Group Limited has a deemed interest in 310,366,102 units of the Listed Issuer, comprising of 310,366,102 units held by ESR Real Estate Investors 22 Pte Ltd, a wholly-owned subsidiary of ESR Group Limited, amounting to a total interest in 310,366,102 units in the Listed Issuer.

Following the completion of the Transaction, Starwood Electron Co-Invest LP ("SECL") and SOF-12 Sequoia Investco Ltd ("SSIL") collectively hold more than 20% of MEGA EquityCo and more than 20% of the voting shares in ESR Group Limited. MEGA BidCo is 100% owned by MEGA FinCo, which is in turn 100% owned by MEGA Intermediate HoldCo, which is in turn 100% owned by MEGA EquityCo.

SECL and SSIL are each indirectly controlled by certain vehicles managed by Starwood Capital Group Management, L.L.C., a Delaware limited liability company.

Starwood Electron Co-Invest GP, LLC, a Delaware limited liability company ("SEC GP") is the general partner of SECL.

SSIL is directly controlled by S Asia Hold Co 1 Private Limited, a Singapore private limited company ("SAHC1").

SAHC1 is directly controlled by SOF-12 International SCSP, a Luxembourg special limited partnership ("S12").

SOF-12 International Management S.a.r.l., a Luxembourg limited liability company ("SIMS") is the general partner of S12.

SIMS is directly controlled by Starwood XII Management L.P., a Delaware limited partnership ("SXM").

Starwood XII Management GP, L.L.C., a Delaware limited company ("SXM GP") is the general partner of SXM.

SXM and SEC GP are directly controlled by Starwood Capital Group Global II, L.P. a Delaware limited partnership ("SCGG II").

SCGG II GP, L.L.C., a Delaware limited liability company ("SCGG GP II") is the general partner of SCGG II.

SCGG GP II is directly controlled by Starwood Capital Group Holdings GP L.L.C., a Delaware limited liability company ("SCGH").

SCGH is directly controlled by BSS SCG GP Holdings L.L.C., a Delaware limited liability company ("BSS").

Barry Stuart Sternlicht controls a majority interest in BSS.

Accordingly, following the completion of the Transaction, each of SECL, SSIL, SEC GP, SAHC 1, S12, SIMS, SXM, SXM GP, SCGG II, SCGG GP II, SCGH, BSS and Barry Stuart Sternlicht, is deemed to have an interest in the 310,366,102 units of the Listed Issuer that ESR Group Limited has a deemed interest in.

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in MEGA EquityCo, which is the holding company of MEGA BidCo and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in ESR Group Limited and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025 ("Transaction").

ESR Group Limited has a deemed interest in 310,366,102 units of the Listed Issuer, comprising of 310,366,102 units held by ESR Real Estate Investors 22 Pte Ltd, a wholly-owned subsidiary of ESR Group Limited, amounting to a total interest in 310,366,102 units in the Listed Issuer.

Following the completion of the Transaction, MEGA BidCo holds more than 20% of the voting shares in ESR Group Limited. MEGA BidCo is 100% owned by MEGA FinCo, which is in turn 100% owned by MEGA Intermediate HoldCo, which is in turn 100% owned by MEGA EquityCo.

Accordingly, each of MEGA BidCo, MEGA FinCo, MEGA Intermediate HoldCo and MEGA EquityCo, is deemed to have an interest in the 310,366,102 units of the Listed Issuer that ESR Group Limited has a deemed interest in.

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in ESR Group Limited and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in ESR Group Limited and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
MEGA BidCo has acquired the entire issued share capital in ESR Group Limited, which was listed on The Stock Exchange of Hong Kong, by way of a scheme of arrangement which was completed on 30 June 2025. ESR Group Limited holds an interest in the Listed Issuer. The Substantial Unitholders have an interest in ESR Group Limited and therefore under Section 4(5) of the Securities and Futures Act 2001, are deemed to have interests in the units of the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 310366102 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.56000000 (Deemed Interest)

Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)

ESR Trust Management (Suntec) Limited (formerly known as ARA Trust Management (Suntec) Limited) has sold 3,900,419 units that it is entitled to receive as partial payment of its management fee to ESR Real Estate Investors 22 Pte. Ltd. (formerly known as ARA Real Estate Investors 22 Pte. Ltd.), a wholly-owned subsidiary of ESR Group Limited and has in connection with the sale, directed that such units be issued in favour of ESR Real Estate Investors 22 Pte. Ltd. instead of ESR Trust Management (Suntec) Limited.

Remarks
Securities via off-market transactions.

Immediately after the transaction

No. of ordinary voting shares/units held: 266964114 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 9.10000000 (Direct Interest); 0.00000000 (Deemed Interest)

Gordon Tang and Celine Tang each hold 50% of the shares in Aelios Pte. Ltd. ("Aelios") and accordingly pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore, both Gordon Tang and Celine Tang are deemed interested in the Units held by Aelios.

Gordon Tang and Celine Tang are spouses.

29,500,000 Units held by Aelios was transferred to Gordon Tang.

31,502,500 Units held by Aelios was transferred to Celine Tang.

42,365,880 Units held by joint account of Gordon Tang and Celine Tang was transferred to single account of Gordon Tang.

The percentage unitholdings above are computed based on 2,933,932,184 Units outstanding and have been rounded to the nearest two (2) decimal places. Any discrepancies in the percentages listed and totals thereof are due to rounding.

Remarks
Securities via off-market transactions.

Immediately after the transaction

No. of ordinary voting shares/units held: 291316827 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 9.93000000 (Direct Interest); 0.00000000 (Deemed Interest)

Gordon Tang and Celine Tang each hold 50% of the shares in Aelios Pte. Ltd. ("Aelios") and accordingly pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore, both Gordon Tang and Celine Tang are deemed interested in the Units held by Aelios.

Gordon Tang and Celine Tang are spouses.

29,500,000 Units held by Aelios was transferred to Gordon Tang.

31,502,500 Units held by Aelios was transferred to Celine Tang.

42,365,880 Units held by joint account of Gordon Tang and Celine Tang was transferred to single account of Gordon Tang.

The percentage unitholdings above are computed based on 2,933,932,184 Units outstanding and have been rounded to the nearest two (2) decimal places. Any discrepancies in the percentages listed and totals thereof are due to rounding.

Remarks
Securities via off-market transactions.

Immediately after the transaction

No. of ordinary voting shares/units held: 61002500 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 2.08000000 (Direct Interest); 0.00000000 (Deemed Interest)

Gordon Tang and Celine Tang each hold 50% of the shares in Aelios Pte. Ltd. ("Aelios") and accordingly pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore, both Gordon Tang and Celine Tang are deemed interested in the 61,002,500 Units held by Aelios.

61,500,000 Units held by Aelios was transferred to Gordon Tang.

40,000,000 Units held by Aelios was transferred to Celine Tang.

34,615,200 Units held by joint account of Gordon Tang and Celine Tang was transferred to single account of Celine Tang.

The percentage unitholdings above are computed based on 2,933,932,184 Units outstanding and have been rounded to the nearest two (2) decimal places. Any discrepancies in the percentages listed and totals thereof are due to rounding.

Remarks
Securities via off-market transactions.

Immediately after the transaction

No. of ordinary voting shares/units held: 277827494 (Direct Interest); 61002500 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 9.47000000 (Direct Interest); 2.08000000 (Deemed Interest)

Gordon Tang and Celine Tang each hold 50% of the shares in Aelios Pte. Ltd. ("Aelios") and accordingly pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore, both Gordon Tang and Celine Tang are deemed interested in the 61,002,500 Units held by Aelios.

Gordon Tang and Celine Tang are spouses.

61,500,000 Units held by Aelios was transferred to Gordon Tang.

40,000,000 Units held by Aelios was transferred to Celine Tang.

34,615,200 Units held by joint account of Gordon Tang and Celine Tang was transferred to single account of Celine Tang.

The percentage unitholdings above are computed based on 2,933,932,184 Units outstanding and have been rounded to the nearest two (2) decimal places. Any discrepancies in the percentages listed and totals thereof are due to rounding.

Remarks
Securities via off-market transactions.

Immediately after the transaction

No. of ordinary voting shares/units held: 261816827 (Direct Interest); 61002500 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 8.92000000 (Direct Interest); 2.08000000 (Deemed Interest)

Gordon Tang and Celine Tang each hold 50% of the shares in Aelios Pte. Ltd. ("Aelios") and accordingly pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore, both Gordon Tang and Celine Tang are deemed interested in the 61,002,500 Units held by Aelios.

Gordon Tang and Celine Tang are spouses.

61,500,000 Units held by Aelios was transferred to Gordon Tang.

40,000,000 Units held by Aelios was transferred to Celine Tang.

34,615,200 Units held by joint account of Gordon Tang and Celine Tang was transferred to single account of Celine Tang.

The percentage unitholdings above are computed based on 2,933,932,184 Units outstanding and have been rounded to the nearest two (2) decimal places. Any discrepancies in the percentages listed and totals thereof are due to rounding.