Trades by Directors/Substantial Unitholders

Remarks
The issuance of 5,379,404 new Units in OUE REIT to OUE Limited on 24 April 2026, being the payment of Base Fee for the period from 1 January 2026 to 31 March 2026. This resulted in the increase in the total issued units in OUE REIT, thereby diluting Gordon Tang's percentage interest in OUE REIT. Immediately after the transaction

No. of ordinary voting shares/units held: 497213888 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 8.99000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unit-holding set out above (a) immediately before the transaction is calculated on the basis of 5,524,616,951 Units; and (b) immediately after the transaction is calculated on the basis of 5,529,996,355 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2765866111 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 50.02000000 (Deemed Interest)

Dr. Stephen Riady holds the entire issued share capital of LCG, which is the holding company of LCH, which in turn is the holding company of LCL. Accordingly, Dr. Stephen Riady has a deemed interest in the 2,765,866,111 Units in which LCL has an interest.

Dr. Stephen Riady holds the entire issued share capital of LCG. LCG is the holding company of LCH. LCH is the holding company of LCL.

The percentage of unitholding (a) immediately before the 24 April Issuance is calculated on the basis of 5,524,616,951 Units; and (b) immediately after the 24 April Issuance is calculated on the basis of 5,529,996,355 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2765866111 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 50.02000000 (Deemed Interest)

Lippo Capital Group Limited ("LCG") is the holding company of LCH, which in turn is the holding company of LCL. Accordingly, LCG has a deemed interest in the 2,765,866,111 Units in which LCL has an interest.

LCG is the holding company of LCH. LCH is the holding company of LCL.

The percentage of unitholding (a) immediately before the 24 April Issuance is calculated on the basis of 5,524,616,951 Units; and (b) immediately after the 24 April Issuance is calculated on the basis of 5,529,996,355 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2765866111 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 50.02000000 (Deemed Interest)

LCH is the holding company of LCL. Accordingly, LCH has a deemed interest in the 2,765,866,111 Units in which LCL has an interest.

LCH is the holding company of LCL.

The percentage of unitholding (a) immediately before the 24 April Issuance is calculated on the basis of 5,524,616,951 Units; and (b) immediately after the 24 April Issuance is calculated on the basis of 5,529,996,355 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2765866111 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 50.02000000 (Deemed Interest)

5,379,404 units in OUE REIT ("Units") had been issued to OUE Limited ("OUE") on 24 April 2026 as payment of OUE REIT Management Pte. Ltd.'s base fee for the period from 1 January 2026 to 31 March 2026 (the "24 April Issuance"). As a result of the 24 April Issuance, OUE has a direct interest in 1,236,793,631 Units.

OUE is the holding company of Clifford Development Pte. Ltd. ("CDPL"). CDPL has a direct interest in 1,471,601,271 Units. Accordingly, OUE has a deemed interest in the 1,471,601,271 Units in which CDPL has an interest. Together with OUE's direct interest in 1,236,793,631 Units, the total interest of OUE amounts to 2,708,394,902 Units.

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, OUER has a deemed interest in the 2,708,394,902 Units in which OUE has an interest. Together with OUER's direct interest in 25,807,700 Units, the total interest of OUER amounts to 2,734,202,602 Units.

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, GCAL has a deemed interest in the 2,734,202,602 Units in which OUER has an interest. Together with GCAL's direct interest in 26,351,777 Units, the total interest of GCAL amounts to 2,760,554,379 Units.

Lippo Capital Limited ("LCL") is an intermediate holding company of HKC Property Investment Holdings Limited ("HKC Property"). HKC Property and Admiralty Station Management Limited jointly hold Lippo ASM Asia Property Limited, which in turn is the holding company of Fortune Crane Limited ("FCL"). FCL is the holding company of GCAL. Accordingly, LCL has a deemed interest in the 2,760,554,379 Units in which GCAL has an interest.

LCL is also an intermediate holding company of Hongkong China Treasury Limited ("HKCTL"). HKCTL has a direct interest in 5,311,732 Units. Accordingly, LCL has a deemed interest in the 5,311,732 Units in which HKCTL has an interest.

This gives rise to an aggregate of 2,765,866,111 Units in which LCL has a deemed interest.

LCL is a subsidiary of Lippo Capital Holdings Company Limited ("LCH").

The percentage of unitholding (a) immediately before the 24 April Issuance is calculated on the basis of 5,524,616,951 Units; and (b) immediately after the 24 April Issuance is calculated on the basis of 5,529,996,355 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2765866111 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 50.02000000 (Deemed Interest)

Mr. James Tjahaja Riady effectively holds all the shares of PT Trijaya. PT Trijaya holds more than 20% of the shares in LCL. Accordingly, Mr. James Tjahaja Riady has a deemed interest in the 2,765,866,111 Units in which LCL has an interest.

Mr. James Tjahaja Riady effectively holds all the shares of PT Trijaya. PT Trijaya holds more than 20% of the shares in LCL.

The percentage of unitholding (a) immediately before the 24 April Issuance is calculated on the basis of 5,524,616,951 Units; and (b) immediately after the 24 April Issuance is calculated on the basis of 5,529,996,355 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2765866111 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 50.02000000 (Deemed Interest)

PT Trijaya Utama Mandiri ("PT Trijaya") holds more than 20% of the shares in LCL. Accordingly, PT Trijaya has a deemed interest in the 2,765,866,111 Units in which LCL has an interest.

PT Trijaya holds more than 20% of the shares in LCL.

The percentage of unitholding (a) immediately before the 24 April Issuance is calculated on the basis of 5,524,616,951 Units; and (b) immediately after the 24 April Issuance is calculated on the basis of 5,529,996,355 Units.

Remarks
Distribution in specie of the shares of a substantial shareholder

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)

Lippo Limited ("LL") effected a special interim distribution in specie of certain shares of Hongkong Chinese Limited ("HKC") to the shareholders of LL (the "DIS"). Prior to the DIS, LL indirectly held such shares of HKC through its subsidiary, Hennessy Holdings Limited ("Hennessy").

Prior to the DIS, Hennessy was the holding company of HKC, which in turn is the holding company of HKC Property Investment Holdings Limited ("HKC Property"). HKC Property and Admiralty Station Management Limited jointly hold Lippo ASM Asia Property Limited, which is the holding company of Fortune Crane Limited ("FCL"). FCL is the holding company of Golden Concord Asia Limited ("GCAL"), which in turn is the holding company of OUE Realty Pte. Ltd. ("OUER"). OUER is the holding company of OUE Limited ("OUE"). FCL has (a) an interest in the 26,351,777 units in OUE REIT ("OUE REIT Units") in which GCAL has a direct interest, (b) an interest in the 25,807,700 OUE REIT Units in which OUER has a direct interest, (c) an interest in the 1,199,746,976 OUE REIT Units in which OUE has a direct interest and (d) an interest in the 1,471,601,271 OUE REIT Units in which Clifford Development Pte. Ltd., a subsidiary of OUE, has a direct interest, amounting to a total interest in 2,723,507,724 OUE REIT Units. Accordingly, prior to the DIS, Hennessy had a deemed interest in the 2,723,507,724 OUE REIT Units in which FCL has an interest.

After the DIS, Hennessy ceased to hold not less than 20% of the shares of HKC. Accordingly, Hennessy ceased to have any deemed interest in the 2,723,507,724 OUE REIT Units in which FCL has an interest.

LL is the holding company of Hennessy.

Remarks
Distribution in specie of the shares of a substantial shareholder

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 5311732 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.10000000 (Deemed Interest)

LL is the holding company of Hennessy. Accordingly, LL had a deemed interest in the 2,723,507,724 OUE REIT Units in which HKC has an interest.

After the DIS, Hennessy ceased to hold not less than 20% of the shares of HKC. Accordingly, LL ceased to have any interest in the OUE REIT Units in which HKC has an interest.

LL continues to have a deemed interest in the 5,311,732 OUE REIT Units held by Hongkong China Treasury Limited, a subsidiary of LL.

LL is the holding company of Hennessy.

Remarks
Acquisition of securities as part of management fees paid by the Listed Issuer.

Immediately after the transaction

No. of ordinary voting shares/units held: 25807700 (Direct Interest); 2664313803 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.47000000 (Direct Interest); 48.57000000 (Deemed Interest)

6,391,964 units ("Units") in OUE C-REIT had been issued to OUE Limited ("OUE") on 2 November 2023 as payment for 35% of the Base Fee for the period from 1 July 2023 to 30 September 2023 (the "2 November Issuance").

Clifford Development Pte. Ltd. ("Clifford"), a wholly-owned subsidiary of OUE, has a direct interest in 1,471,601,271 Units. Following the 2 November Issuance, OUE has (i) a direct interest in 1,192,712,532 Units and (ii) a deemed interest in the 1,471,601,271 Units held by Clifford, amounting to a total interest in 2,664,313,803 Units.

OUER is the holding company of OUE. Following the 2 November Issuance, OUER has (i) a direct interest in 25,807,700 Units and (ii) a deemed interest in the 2,664,313,803 Units in which OUE has an interest, amounting to a total interest in 2,690,121,503 Units.

The percentage of unit-holding (a) immediately before the 2 November Issuance is calculated on the basis of 5,479,523,292 Units; and (b) immediately after the 2 November Issuance is calculated on the basis of 5,485,915,256 Units.

Remarks
Yang Chanzhen and Tang Jialin transferred 35,000,000 units from their joint account to the joint account of Gordon Tang and Celine Tang.

Immediately after the transaction

No. of ordinary voting shares/units held: 453121062 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 8.27000000 (Direct Interest); 0.00000000 (Deemed Interest)

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father. Celine Tang is Gordon Tang's spouse.

The percentage of unitholding is calculated on the basis of 5,479,523,292 Units.

Remarks
Yang Chanzhen and Tang Jialin transferred 35,000,000 units from their joint account to the joint account of Gordon Tang and Celine Tang.

Immediately after the transaction

No. of ordinary voting shares/units held: 497213888 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 9.07000000 (Direct Interest); 0.00000000 (Deemed Interest)

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father. Celine Tang is Gordon Tang's spouse.

The percentage of unitholding is calculated on the basis of 5,479,523,292 Units.

Remarks
Yang Chanzhen and Tang Jialin transferred 15,000,000 units from their joint account to the joint account of Gordon Tang and Celine Tang.

Immediately after the transaction

No. of ordinary voting shares/units held: 258670352 (Direct Interest); 8687351 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 4.72000000 (Direct Interest); 0.16000000 (Deemed Interest)

Tang Jialin has more than 20% equity interest in Senz Holdings Limited, accordingly, he has deemed interest in 8,687,351 Units held by Senz Holdings Limited.

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father. Celine Tang is Gordon Tang's spouse.

The percentage of unitholding is calculated on the basis of 5,479,523,292 Units.

Remarks
Yang Chanzhen and Tang Jialin transferred 15,000,000 units from their joint account to the joint account of Gordon Tang and Celine Tang.

Immediately after the transaction

No. of ordinary voting shares/units held: 258670352 (Direct Interest); 8687351 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 4.72000000 (Direct Interest); 0.16000000 (Deemed Interest)

Yang Chanzhen has more than 20% equity interest in Senz Holdings Limited, accordingly, she has deemed interest in 8,687,351 Units held by Senz Holdings Limited.

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father. Celine Tang is Gordon Tang's spouse.

The percentage of unitholding is calculated on the basis of 5,479,523,292 Units.

Remarks
Yang Chanzhen and Tang Jialin transferred 50,000,000 units from their joint account to the joint account of Gordon Tang and Celine Tang.

Immediately after the transaction

No. of ordinary voting shares/units held: 403121062 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 7.36000000 (Direct Interest); 0.00000000 (Deemed Interest)

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father. Celine Tang is Gordon Tang's spouse.

The percentage of unitholding is calculated on the basis of 5,479,523,292 Units.

Remarks
Yang Chanzhen and Tang Jialin transferred 50,000,000 units from their joint account to the joint account of Gordon Tang and Celine Tang.

Immediately after the transaction

No. of ordinary voting shares/units held: 273670352 (Direct Interest); 8687351 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 4.99000000 (Direct Interest); 0.16000000 (Deemed Interest)

Tang Jialin has more than 20% equity interest in Senz Holdings Limited, accordingly, he has deemed interest in 8,687,351 Units held by Senz Holdings Limited.

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father. Celine Tang is Gordon Tang's spouse.

The percentage of unitholding is calculated on the basis of 5,479,523,292 Units.

Remarks
Yang Chanzhen and Tang Jialin transferred 50,000,000 units from their joint account to the joint account of Gordon Tang and Celine Tang.

Immediately after the transaction

No. of ordinary voting shares/units held: 447213888 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 8.16000000 (Direct Interest); 0.00000000 (Deemed Interest)

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father. Celine Tang is Gordon Tang's spouse.

The percentage of unitholding is calculated on the basis of 5,479,523,292 Units.

Remarks
Yang Chanzhen and Tang Jialin transferred 50,000,000 units from their joint account to the joint account of Gordon Tang and Celine Tang.

Immediately after the transaction

No. of ordinary voting shares/units held: 273670352 (Direct Interest); 8687351 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 4.99000000 (Direct Interest); 0.16000000 (Deemed Interest)

Yang Chanzhen has more than 20% equity interest in Senz Holdings Limited, accordingly, she has deemed interest in 8,687,351 Units held by Senz Holdings Limited.

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father. Celine Tang is Gordon Tang's spouse.

The percentage of unitholding is calculated on the basis of 5,479,523,292 Units.

Remarks
Internal restructuring of corporate group

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)

Huge Success Limited ("HSL") (formerly known as Prime Success Limited) disposed of the entire issued capital in Hennessy Holdings Limited ("Hennessy") to Lippo Limited ("LL").

LL is the holding company of HSL. Prior to the internal restructuring, HSL was the holding company of Hennessy. Hennessy is the holding company of Hongkong Chinese Limited, which in turn is the holding company of HKC Property Investment Holdings Limited ("HKC Property"). HKC Property and Admiralty Station Management Limited jointly hold Lippo ASM Asia Property Limited, which is the holding company of Fortune Crane Limited ("FCL"). FCL is the holding company of Golden Concord Asia Limited, which is the holding company of OUE Realty Pte. Ltd. ("OUER"). OUER is the holding company of OUE Limited ("OUE"). FCL has (a) an interest in the 26,351,777 units in OUE C-REIT ("OUECT Units") in which GCAL has a direct interest, (b) an interest in the 25,807,700 OUECT Units in which OUER has a direct interest, (c) an interest in the 1,182,104,622 OUECT Units in which OUE has a direct interest and (d) an interest in the 1,471,601,271 OUECT Units in which Clifford Development Pte. Ltd., a subsidiary of OUE, has a direct interest, amounting to a total interest in 2,705,865,370 OUECT Units.

Accordingly, with the sale of HSL's entire interest in Hennessy, HSL ceased to hold any deemed interest in the OUECT Units.

Remarks
Gold Pot transferred 55,570,352 Units to an account directly and jointly held by Yang Chanzhen and Tang Jialin.

Immediately after the transaction

No. of ordinary voting shares/units held: 323670352 (Direct Interest); 8687351 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 5.92000000 (Direct Interest); 0.16000000 (Deemed Interest)

Tang Jialin has more than 20% equity interest in Senz Holdings Limited, accordingly, he has deemed interest in 8,687,351 Units held by Senz Holdings Limited.

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father.

The percentage of unit-holding is calculated on the basis of 5,465,002,027 Units.

Remarks
Gold Pot transferred 55,570,352 Units to an account directly and jointly held by Yang Chanzhen and Tang Jialin.

Immediately after the transaction

No. of ordinary voting shares/units held: 397213888 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 7.27000000 (Direct Interest); 0.00000000 (Deemed Interest)

Gordon Tang's deemed interest in the Units held by Pot Developments Limited ("Gold Pot") arises from the powers granted to him under a power of attorney executed by Gold Pot dated 19 October 2016.

Gold Pot has transferred all the Units it holds to the joint personal accounts of Yang Chanzhen and Tang Jialin. Accordingly, Gold Pot ceases to own any Units.

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father.

The percentage of unit-holding is calculated on the basis of 5,465,002,027 Units.

Remarks
The total number of issued units in OUE C-REIT (the "Units") has increased pursuant to the issuance of 4,660,977 Units to OUE Limited as payment for 50.0% of the REIT Manager's base fee for the period from 1 January 2022 to 31 March 2022 on 18 May 2022. Therefore, the increase in the total number of Units in issue resulted in a decrease in the percentage unitholding of Clifford. Immediately after the transaction

No. of ordinary voting shares/units held: 1471601271 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 26.98000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholding set out above (a) immediately before the transaction is calculated on the basis of 5,449,684,538 Units; and (b) immediately after the transaction is calculated on the basis of 5,454,345,515 Units.

Remarks
Acquisition of Securities via off-market transaction (e.g. married deals) Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$96,048,674.85 Immediately after the transaction

No. of ordinary voting shares/units held: 1149405016 (Direct Interest); 1471601271 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 21.12000000 (Direct Interest); 27.04000000 (Deemed Interest)

Before the transaction described below, OUE's wholly-owned subsidiary, OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager"), owns 225,996,882 units in OUE C-REIT. The REIT Manager has transferred 225,996,882 units in OUE C-REIT to OUE for an aggregate consideration of S$96,048,674.85. Accordingly, as a result of the above transaction, OUE has (i) a direct interest in 1,149,405,016 units, and (ii) a deemed interest of 1,471,601,271 units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, amounting to a total interest in 2,621,006,287 units. The percentage of unitholdings is calculated based on 5,442,607,740 units in issue.

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

Amount of consideration paid or received by Trustee-Manager/Responsible Person (excluding brokerage and stamp duties): S$96,048,674.85

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)

OUE Commercial REIT Management Pte. Ltd. has transferred 225,996,882 Units to its holding company, OUE Limited.

The percentage of unitholdings is calculated based on 5,442,607,740 units in issue.

Remarks
Acquisition of Securities via off-market transaction (e.g. married deals) Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$54,293,499.25 Immediately after the transaction

No. of ordinary voting shares/units held: 923408134 (Direct Interest); 1697598153 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 16.97000000 (Direct Interest); 31.19000000 (Deemed Interest)

Before the transaction described below, OUE's wholly-owned subsidiary, OUE Hospitality REIT Management Pte. Ltd. ("OUEHRMPL"), owns 127,749,410 units in OUE C-REIT. OUEHRMPL has transferred 127,749,410 units in OUE C-REIT to OUE for an aggregate consideration of S$54,293,499.25. Accordingly, as a result of the above transaction, OUE has (i) a direct interest in 923,408,134 units, (ii) a deemed interest of 225,996,882 units held by OUE Commercial REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a deemed interest of 1,471,601,271 units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, amounting to a total interest in 2,621,006,287 units. The percentage of unitholdings is calculated based on 5,442,607,740 units in issue.

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: 225996882 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 4.15000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholding "immediately before the transaction" was computed based on 5,438,175,889 units in issue as at 3 August 2021. The percentage of unitholding "immediately after the transaction" was computed based on 5,442,607,740 units in issue as at 8 November 2021.

Remarks
Gold Pot transferred 140,000,000 Units to an account directly and jointly held by Yang Chanzhen and Tang Jialin. Immediately after the transaction

No. of ordinary voting shares/units held: 268100000 (Direct Interest); 84257703 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 4.93000000 (Direct Interest); 1.55000000 (Deemed Interest)

Yang Chanzhen is the sole shareholder of Gold Pot Developments Limited ("Gold Pot"), accordingly, she has deemed interest in the 75,570,352 Units held by Gold Pot. She has more than 20% equity interest in Senz Holdings Limited, accordingly, she has deemed interest in 8,687,351 Units held by Senz Holdings Limited. Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father. The percentage of unit-holding set out above is calculated on the basis of 5,438,175,889 Units.

Remarks
Gold Pot transferred 140,000,000 Units to an account directly and jointly held by Yang Chanzhen and Tang Jialin.

Immediately after the transaction

No. of ordinary voting shares/units held: 268100000 (Direct Interest); 8687351 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 4.93000000 (Direct Interest); 0.16000000 (Deemed Interest)

Tang Jialin has more than 20% equity interest in Senz Holdings Limited, accordingly, he has deemed interest in 8,687,351 Units held by Senz Holdings Limited.

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father.

The percentage of unit-holding is calculated on the basis of 5,438,175,889 Units.

Remarks
Gold Pot transferred 140,000,000 Units to an account directly and jointly held by Yang Chanzhen and Tang Jialin.

Immediately after the transaction

No. of ordinary voting shares/units held: 397213888 (Direct Interest); 75570352 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 7.30000000 (Direct Interest); 1.39000000 (Deemed Interest)

Gordon Tang's deemed interest in the Units held by Gold Pot arises from the powers granted to him under a power of attorney executed by Gold Pot dated 19 October 2016.

Yang Chanzhen is Gordon Tang's mother and Tang Jialin's grandmother. Gordon Tang is Tang Jialin's father.

The percentage of unit-holding is calculated on the basis of 5,438,175,889 Units.

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: 221565031 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 4.07000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholding "immediately before the transaction" was computed based on 5,433,323,201 units in issue as at 7 May 2021. The percentage of unitholding "immediately after the transaction" was computed based on 5,438,175,889 units in issue as at 3 August 2021.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2663881225 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 49.03000000 (Deemed Interest)

5,472,835 units (the "Units") in OUE Commercial Real Estate Investment Trust ("OUE C-REIT") had been issued
to OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager") on 7 May 2021 as payment for 50% of the REIT Manager's base fee for the period from 1 January 2021 to 31 March 2021 (the "7 May Issuance"). As a result of the 7 May Issuance, the REIT Manager has a direct interest of 216,712,343 Units (the "RM Units").

The REIT Manager is a wholly-owned subsidiary of OUE Limited ("OUE"). Accordingly, as a result of the 7 May Issuance, OUE has a deemed interest in the RM Units as well as (i) a deemed interest of 1,471,601,271 Units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, (ii) a deemed interest of 127,749,410 Units held by OUE Hospitality REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a direct interest in 795,658,724 Units, amounting to a total interest in 2,611,721,748 Units (the "OUE Units").

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, as a result of the 7 May Issuance, OUER has a deemed interest in the OUE Units in which OUE has an interest as well as a direct interest in 25,807,700 Units, amounting to a total interest in 2,637,529,448 Units (the "OUER Units").

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, as a result of the 7 May Issuance, GCAL has a deemed interest in the OUER Units in which OUER has an interest as well as a direct interest in 26,351,777 Units, amounting to a total interest in 2,663,881,225 Units (the "GCAL Units").

Lippo ASM Asia Property Limited ("LAAPL") is an intermediate holding company of GCAL, and LAAPL is jointly held by Admiralty Station Management Limited ("Admiralty") and HKC Property Investment Holdings Limited ("HKC Property"). Accordingly, Admiralty has a deemed interest in the GCAL Units in which GCAL has an interest.

The percentage of unit-holding set out above (a) immediately before the 7 May Issuance is calculated on the basis of 5,427,850,366 Units; and (b) immediately after the 7 May Issuance is calculated on the basis of 5,433,323,201 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2663881225 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 49.03000000 (Deemed Interest)

5,472,835 units (the "Units") in OUE Commercial Real Estate Investment Trust ("OUE C-REIT") had been issued to OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager") on 7 May 2021 as payment for 50% of the REIT Manager's base fee for the period from 1 January 2021 to 31 March 2021 (the "7 May Issuance"). As a result of the 7 May Issuance, the REIT Manager has a direct interest of 216,712,343 Units (the "RM Units").

The REIT Manager is a wholly-owned subsidiary of OUE Limited ("OUE"). Accordingly, as a result of the 7 May Issuance, OUE has a deemed interest in the RM Units as well as (i) a deemed interest of 1,471,601,271 Units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, (ii) a deemed interest of 127,749,410 Units held by OUE Hospitality REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a direct interest in 795,658,724 Units, amounting to a total interest in 2,611,721,748 Units (the "OUE Units").

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, as a result of the 7 May Issuance, OUER has a deemed interest in the OUE Units in which OUE has an interest as well as a direct interest in 25,807,700 Units, amounting to a total interest in 2,637,529,448 Units (the "OUER Units").

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, as a result of the 7 May Issuance, GCAL has a deemed interest in the OUER Units in which OUER has an interest as well as a direct interest in 26,351,777 Units, amounting to a total interest in 2,663,881,225 Units (the "GCAL Units").

Argyle Street Management Holdings Limited ("ASMHL") is the holding company of ASML. ASML has a controlling interest in Admiralty. LAAPL is an intermediate holding company of GCAL, and LAAPL is jointly held by Admiralty and HKC Property. Accordingly, ASMHL has a deemed interest in the GCAL Units in which GCAL has an interest.

ASMHL is the holding company of ASML. ASML has a controlling interest in Admiralty.

The percentage of unit-holding set out above (a) immediately before the 7 May Issuance is calculated on the basis of 5,427,850,366 Units; and (b) immediately after the 7 May Issuance is calculated on the basis of 5,433,323,201 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2663881225 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 49.03000000 (Deemed Interest)

5,472,835 units (the "Units") in OUE Commercial Real Estate Investment Trust ("OUE C-REIT") had been issued to OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager") on 7 May 2021 as payment for 50% of the REIT Manager's base fee for the period from 1 January 2021 to 31 March 2021 (the "7 May Issuance"). As a result of the 7 May Issuance, the REIT Manager has a direct interest of 216,712,343 Units (the "RM Units").

The REIT Manager is a wholly-owned subsidiary of OUE Limited ("OUE"). Accordingly, as a result of the 7 May Issuance, OUE has a deemed interest in the RM Units as well as (i) a deemed interest of 1,471,601,271 Units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, (ii) a deemed interest of 127,749,410 Units held by OUE Hospitality REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a direct interest in 795,658,724 Units, amounting to a total interest in 2,611,721,748 Units (the "OUE Units").

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, as a result of the 7 May Issuance, OUER has a deemed interest in the OUE Units in which OUE has an interest as well as a direct interest in 25,807,700 Units, amounting to a total interest in 2,637,529,448 Units (the "OUER Units").

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, as a result of the 7 May Issuance, GCAL has a deemed interest in the OUER Units in which OUER has an interest as well as a direct interest in 26,351,777 Units, amounting to a total interest in 2,663,881,225 Units (the "GCAL Units").

Argyle Street Management Limited ("ASML") has a controlling interest in Admiralty. LAAPL is an intermediate holding company of GCAL, and LAAPL is jointly held by Admiralty and HKC Property. Accordingly, ASML has a deemed interest in the GCAL Units in which GCAL has an interest.

ASML has a controlling interest in Admiralty.

The percentage of unit-holding set out above (a) immediately before the 7 May Issuance is calculated on the basis of 5,427,850,366 Units; and (b) immediately after the 7 May Issuance is calculated on the basis of 5,433,323,201 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2663881225 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 49.03000000 (Deemed Interest)

5,472,835 units (the "Units") in OUE Commercial Real Estate Investment Trust ("OUE C-REIT") had been issued to OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager") on 7 May 2021 as payment for 50% of the REIT Manager's base fee for the period from 1 January 2021 to 31 March 2021 (the "7 May Issuance"). As a result of the 7 May Issuance, the REIT Manager has a direct interest of 216,712,343 Units (the "RM Units").

The REIT Manager is a wholly-owned subsidiary of OUE Limited ("OUE"). Accordingly, as a result of the 7 May Issuance, OUE has a deemed interest in the RM Units as well as (i) a deemed interest of 1,471,601,271 Units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, (ii) a deemed interest of 127,749,410 Units held by OUE Hospitality REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a direct interest in 795,658,724 Units, amounting to a total interest in 2,611,721,748 Units (the "OUE Units").

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, as a result of the 7 May Issuance, OUER has a deemed interest in the OUE Units in which OUE has an interest as well as a direct interest in 25,807,700 Units, amounting to a total interest in 2,637,529,448 Units (the "OUER Units").

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, as a result of the 7 May Issuance, GCAL has a deemed interest in the OUER Units in which OUER has an interest as well as a direct interest in 26,351,777 Units, amounting to a total interest in 2,663,881,225 Units (the "GCAL Units").

Fortune Crane Limited ("FCL") is the holding company of GCAL. Accordingly, FCL has a deemed interest in the GCAL Units in which GCAL has an interest.

FCL is the holding company of GCAL.

The percentage of unit-holding set out above (a) immediately before the 7 May Issuance is calculated on the basis of 5,427,850,366 Units; and (b) immediately after the 7 May Issuance is calculated on the basis of 5,433,323,201 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 26351777 (Direct Interest); 2637529448 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.49000000 (Direct Interest); 48.54000000 (Deemed Interest)

5,472,835 units (the "Units") in OUE Commercial Real Estate Investment Trust ("OUE C-REIT") had been issued to OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager") on 7 May 2021 as payment for 50% of the REIT Manager's base fee for the period from 1 January 2021 to 31 March 2021 (the "7 May Issuance"). As a result of the 7 May Issuance, the REIT Manager has a direct interest of 216,712,343 Units (the "RM Units").

The REIT Manager is a wholly-owned subsidiary of OUE Limited ("OUE"). Accordingly, as a result of the 7 May Issuance, OUE has a deemed interest in the RM Units as well as (i) a deemed interest of 1,471,601,271 Units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, (ii) a deemed interest of 127,749,410 Units held by OUE Hospitality REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a direct interest in 795,658,724 Units, amounting to a total interest in 2,611,721,748 Units (the "OUE Units").

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, as a result of the 7 May Issuance, OUER has a deemed interest in the OUE Units in which OUE has an interest as well as a direct interest in 25,807,700 Units, amounting to a total interest in 2,637,529,448 Units (the "OUER Units").

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, as a result of the 7 May Issuance, GCAL has a deemed interest in the OUER Units in which OUER has an interest as well as a direct interest in 26,351,777 Units, amounting to a total interest in 2,663,881,225 Units (the "GCAL Units").

The percentage of unit-holding set out above (a) immediately before the 7 May Issuance is calculated on the basis of 5,427,850,366 Units; and (b) immediately after the 7 May Issuance is calculated on the basis of 5,433,323,201 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2663881225 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 49.03000000 (Deemed Interest)

5,472,835 units (the "Units") in OUE Commercial Real Estate Investment Trust ("OUE C-REIT") had been issued to OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager") on 7 May 2021 as payment for 50% of the REIT Manager's base fee for the period from 1 January 2021 to 31 March 2021 (the "7 May Issuance"). As a result of the 7 May Issuance, the REIT Manager has a direct interest of 216,712,343 Units (the "RM Units").

The REIT Manager is a wholly-owned subsidiary of OUE Limited ("OUE"). Accordingly, as a result of the 7 May Issuance, OUE has a deemed interest in the RM Units as well as (i) a deemed interest of 1,471,601,271 Units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, (ii) a deemed interest of 127,749,410 Units held by OUE Hospitality REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a direct interest in 795,658,724 Units, amounting to a total interest in 2,611,721,748 Units (the "OUE Units").

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, as a result of the 7 May Issuance, OUER has a deemed interest in the OUE Units in which OUE has an interest as well as a direct interest in 25,807,700 Units, amounting to a total interest in 2,637,529,448 Units (the "OUER Units").

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, as a result of the 7 May Issuance, GCAL has a deemed interest in the OUER Units in which OUER has an interest as well as a direct interest in 26,351,777 Units, amounting to a total interest in 2,663,881,225 Units (the "GCAL Units").

GCAL is a subsidiary of LAAPL which is jointly held by Admiralty Station Management Limited ("Admiralty") and HKC Property Investment Holdings Limited ("HKC Property"). Accordingly, HKC Property has a deemed interest in the GCAL Units in which GCAL has an interest.

HKC Property and Admiralty jointly hold LAAPL. LAAPL is the holding company of FCL. FCL is the holding company of GCAL.

The percentage of unit-holding set out above (a) immediately before the 7 May Issuance is calculated on the basis of 5,427,850,366 Units; and (b) immediately after the 7 May Issuance is calculated on the basis of 5,433,323,201 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2663881225 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 49.03000000 (Deemed Interest)

5,472,835 units (the "Units") in OUE Commercial Real Estate Investment Trust ("OUE C-REIT") had been issued to OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager") on 7 May 2021 as payment for 50% of the REIT Manager's base fee for the period from 1 January 2021 to 31 March 2021 (the "7 May Issuance"). As a result of the 7 May Issuance, the REIT Manager has a direct interest of 216,712,343 Units (the "RM Units").

The REIT Manager is a wholly-owned subsidiary of OUE Limited ("OUE"). Accordingly, as a result of the 7 May Issuance, OUE has a deemed interest in the RM Units as well as (i) a deemed interest of 1,471,601,271 Units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, (ii) a deemed interest of 127,749,410 Units held by OUE Hospitality REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a direct interest in 795,658,724 Units, amounting to a total interest in 2,611,721,748 Units (the "OUE Units").

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, as a result of the 7 May Issuance, OUER has a deemed interest in the OUE Units in which OUE has an interest as well as a direct interest in 25,807,700 Units, amounting to a total interest in 2,637,529,448 Units (the "OUER Units").

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, as a result of the 7 May Issuance, GCAL has a deemed interest in the OUER Units in which OUER has an interest as well as a direct interest in 26,351,777 Units, amounting to a total interest in 2,663,881,225 Units (the "GCAL Units").

Kin Chan is the beneficial owner of more than 20% of the issued share capital of ASMHL, the holding company of ASML. ASML has a controlling interest in Admiralty. LAAPL is an intermediate holding company of GCAL, and LAAPL is jointly held by Admiralty and HKC Property. Accordingly, Kin Chan has a deemed interest in the GCAL Units in which GCAL has an interest.

Kin Chan is the beneficial owner of more than 20% of the issued share capital of ASMHL. ASMHL is the holding company of ASML. ASML has a controlling interest in Admiralty.

The percentage of unit-holding set out above (a) immediately before the 7 May Issuance is calculated on the basis of 5,427,850,366 Units; and (b) immediately after the 7 May Issuance is calculated on the basis of 5,433,323,201 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2663881225 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 49.03000000 (Deemed Interest)

5,472,835 units (the "Units") in OUE Commercial Real Estate Investment Trust ("OUE C-REIT") had been issued to OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager") on 7 May 2021 as payment for 50% of the REIT Manager's base fee for the period from 1 January 2021 to 31 March 2021 (the "7 May Issuance"). As a result of the 7 May Issuance, the REIT Manager has a direct interest of 216,712,343 Units (the "RM Units").

The REIT Manager is a wholly-owned subsidiary of OUE Limited ("OUE"). Accordingly, as a result of the 7 May Issuance, OUE has a deemed interest in the RM Units as well as (i) a deemed interest of 1,471,601,271 Units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, (ii) a deemed interest of 127,749,410 Units held by OUE Hospitality REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a direct interest in 795,658,724 Units, amounting to a total interest in 2,611,721,748 Units (the "OUE Units").

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, as a result of the 7 May Issuance, OUER has a deemed interest in the OUE Units in which OUE has an interest as well as a direct interest in 25,807,700 Units, amounting to a total interest in 2,637,529,448 Units (the "OUER Units").

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, as a result of the 7 May Issuance, GCAL has a deemed interest in the OUER Units in which OUER has an interest as well as a direct interest in 26,351,777 Units, amounting to a total interest in 2,663,881,225 Units (the "GCAL Units").

Lippo ASM Asia Property Limited ("LAAPL") is the holding company of FCL, and an intermediate holding company of GCAL. Accordingly, LAAPL has a deemed interest in the GCAL Units in which GCAL has an interest.

LAAPL is the holding company of FCL. FCL is the holding company of GCAL.

The percentage of unit-holding set out above (a) immediately before the 7 May Issuance is calculated on the basis of 5,427,850,366 Units; and (b) immediately after the 7 May Issuance is calculated on the basis of 5,433,323,201 Units.

Remarks
Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2663881225 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 49.03000000 (Deemed Interest)

5,472,835 units (the "Units") in OUE Commercial Real Estate Investment Trust ("OUE C-REIT") had been issued to OUE Commercial REIT Management Pte. Ltd. (the "REIT Manager") on 7 May 2021 as payment for 50% of the REIT Manager's base fee for the period from 1 January 2021 to 31 March 2021 (the "7 May Issuance"). As a result of the 7 May Issuance, the REIT Manager has a direct interest of 216,712,343 Units (the "RM Units").

The REIT Manager is a wholly-owned subsidiary of OUE Limited ("OUE"). Accordingly, as a result of the 7 May Issuance, OUE has a deemed interest in the RM Units as well as (i) a deemed interest of 1,471,601,271 Units held by Clifford Development Pte. Ltd., a wholly-owned subsidiary of OUE, (ii) a deemed interest of 127,749,410 Units held by OUE Hospitality REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE, and (iii) a direct interest in 795,658,724 Units, amounting to a total interest in 2,611,721,748 Units (the "OUE Units").

OUE Realty Pte. Ltd. ("OUER") is the holding company of OUE. Accordingly, as a result of the 7 May Issuance, OUER has a deemed interest in the OUE Units in which OUE has an interest as well as a direct interest in 25,807,700 Units, amounting to a total interest in 2,637,529,448 Units (the "OUER Units").

Golden Concord Asia Limited ("GCAL") is the holding company of OUER. Accordingly, as a result of the 7 May Issuance, GCAL has a deemed interest in the OUER Units in which OUER has an interest as well as a direct interest in 26,351,777 Units, amounting to a total interest in 2,663,881,225 Units (the "GCAL Units").

V-Nee Yeh is the beneficial owner of more than 20% of the issued share capital of ASMHL, which is the holding company of ASML. ASML has a controlling interest in Admiralty. LAAPL is an intermediate holding company of GCAL, and LAAPL is jointly held by Admiralty and HKC Property. Accordingly, as a result of the Settlement and Payment, V-Nee Yeh has a deemed interest in the GCAL Units in which GCAL has an interest.

V-Nee Yeh is the beneficial owner of more than 20% of the issued share capital of ASMHL. ASMHL is the holding company of ASML. ASML has a controlling interest in Admiralty.

The percentage of unit-holding set out above (a) immediately before the 7 May Issuance is calculated on the basis of 5,427,850,366 Units; and (b) immediately after the 7 May Issuance is calculated on the basis of 5,433,323,201 Units.

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: 216712343 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 3.99000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholding "immediately before the transaction" was computed based on 5,427,850,366 units in issue as at 2 February 2021. The percentage of unitholding "immediately after the transaction" was computed based on 5,433,323,201 units in issue as at 7 May 2021.