Experienced and professional REIT management team, with each member having at least 15 to 20 years of relevant industry experience

Mr. Anthony Ang

Chief Executive Officer

Mr. Ang worked at the Singapore Economic Development Board from January 1979 to October 1992 and rose up the ranks to become Regional Director of North America, where he managed investment promotion for North America, securing annual investments averaging approximately S$2 billion per annum. From March 1993 to December 1999, he was Executive Director and Group General Manager of Armstrong Industrial Corporation Limited, where he was overall in charge of the sales and manufacturing operations in six Asian countries, including Singapore, Malaysia, Thailand, Indonesia and the PRC. Subsequently, he joined Vertex Management Pte. Ltd. From January 2000 to August 2001 as Senior Vice President of Investment, where he was responsible for investments in Singapore, India and Japan with estimated assets under management of approximately S$50 million. From August 2001 to January 2003, Mr. Ang joined GIC Real Estate Pte. Ltd. as Executive Vice President of Administration and Corporate Affairs, where he was responsible for the administration of the corporate affairs of its global investment operations. From February 2003 to December 2005, Anthony served as Executive Director of Majulah Connection Limited, a non-governmental organisation supported by the Singapore government for consulting and networking. From February 2006 to December 2016, Mr. Ang joined the ARA Group and served in various roles in the ARA Group. He was the Chief Executive Officer of ARA's flagship US$1.13 billion1 ARA Asia Dragon Fund from March 2007 to March 2010, where he was in charge of fundraising and responsible for investing in a diversified portfolio of real estate investments with a pan Asian mandate. He was subsequently the Chief Executive Officer and Executive Director of ARA Asset Management (Fortune) Pte. Ltd., the manager of Fortune Real Estate Investment Trust ("Fortune REIT"), from March 2010 to January 2015 and continued to be Executive Director till December 2016. Fortune REIT owns 17 retail properties in Hong Kong with estimated assets under management of over HK$36 billion as at 31 December 2016. Mr. Ang has also been an Independent Director of Singapore-listed Europtronic Group Ltd. since May 2015 and Singapore-listed Heatec Jietong Holdings Ltd. since April 2017, and Independent Director of Malaysia-listed Yong Tai Berhad since January 2016. Mr. Ang has been Singapore's Ambassador Extraordinary and Plenipotentiary to the Republic of Tunisia since September 2016.

Mr. Ang graduated with a Bachelor of Science (Mechanical Engineering) with First Class Honors from the Imperial College of Science and Technology, University of London in August 1978. He also obtained an MBA Degree from the European Institute of Business Administration (INSEAD) in June 1982 and a Certificate of Completion of the Marketing Management Program from the Graduate School of Business of Stanford University in October 1992.

(1) As at the end of the fund life of ARA Asia Dragon Fund in 2015.

Mr Fred Chee Kin Yuen

Chief Financial Officer

Mr. Chee joined Sasseur Asset Management Pte Ltd as Deputy Chief Financial Officer in March 2018.

Mr. Chee has 29 years of financial management in banking, real estate and property fund management. Mr. Chee started his career at PriceWaterhouse in 1989 where he was involved in the audit of major Singapore GLCs. Subsequently he was in banking till 1999, where he was last in Global Financial Markets financial control in BNP. Mr. Chee then joined Ascendas Pte Ltd, which is Asia's leading provider of business space solutions and is Asia's premier developer and manager of business space. He was the Head of Corporate Finance and Taxation, responsible for Group financing and reporting. He was also involved in structuring and setting up the private funds and property trusts in Ascendas. From 2006 to 2009, Mr. Chee was Chief Financial Officer South East Asia at Limitless LLC, an Integrated International Real Estate Development company and a business unit of Dubai World, a wholly owned entity of the Dubai government. Mr. Chee helped lead the establishment of Limitless LLC's office in Singapore and was involved in the acquisition of its key investments in Malaysia, Indonesia and Vietnam. He was overall in charge of financial management, treasury, human resource and information technology in the Singapore regional head office.

In 2009, Mr. Chee became Finance Director of ARA Managers (Asia Dragon) Pte Ltd, the manager of ARA Asia Dragon Fund, the ARA Group's flagship private real estate fund. The Fund had total assets of US$3.0 billion under its management in a diversified portfolio of real estate investments in various growth economies of Asia, primarily in the main cities of China, Singapore, Hong Kong and Malaysia. His responsibilities included overseeing financial and management reporting, and treasury functions. Mr. Chee then joined Sunway Group as Chief Financial Officer - China in 2013. He was in charge of finance, administrative and reporting functions and operations of the international and China Group businesses, comprising of property development, heavy equipment and building materials manufacturing. His responsibilities involved statutory reporting, corporate finance and continual improvement of finance operations and administrative processes and procedures. He also led financial feasibilities studies, deal due diligence, M&A structuring and finance. Mr Chee was also in charge of sourcing for acquisition financing and ongoing debt management.

Mr. Chee holds a Bachelor of Accountancy and a Master of Applied Economics from the National University of Singapore and is a Chartered Accountant of Singapore.

Mr. Ken Chew

Chief Investment Officer

Mr. Chew was the Assistant Head of Biomedical Sciences at Singapore Economic Development Board from April 2003 to April 2007, where he was primarily responsible for industry promotion and development in various industry sectors and client coverage in biomedical sciences in Japan and India. From May 2007 to January 2012, Mr. Chew was employed by the Mapletree Group. He was seconded to Itochu Corporation from May 2007 to April 2010 where he was primarily responsible for Itochu Corporation's investments and asset management in the Asia Pacific region. After his secondment, he took on the positions of Deputy General Manager of Mapletree Group in Japan from April 2010 to October 2010, and Representative of Mapletree Group in South Korea from November 2010 to January 2012, where he assisted with setting up Mapletree's office in South Korea, investment and asset management work, private equity fund setup and seed asset investments. He then joined CapitaMalls Asia Limited from February 2012 to May 2015, where he took on the positions of Deputy General Manager from February 2014 to May 2015 and Vice President from October 2013 to January 2014. As the Deputy General Manager of CapitaMalls Asia Limited, he was primarily responsible for investment and asset management in East China and as Vice President of CapitaMalls Asia Limited, he was primarily responsible for regional investment and asset management, including assisting in the opening of Westgate Mall in Singapore. Mr. Chew then joined the Fosun Group, an investment group with its headquarters located in the PRC, in June 2015. As the Managing Director of Fosun Property Holdings from June 2015 to May 2017, he was in charge of all property-related investments and asset management in Southeast Asia. He had also been Chief Representative of Fosun International Limited from April 2016 to May 2017, where he was in charge of group-related matters and investments in Southeast Asia.

Mr. Chew graduated with a Bachelor of Science Degree from the University of Tokyo in March 2001. He also obtained a Master of Information Science and Technology (Computer Science) from the University of Tokyo in March 2003.