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Persons Occupying Managerial Positions Who Is A Relative To A Director Or Chief Executive Officer Or Substantial Shareholder

Pursuant to Rule 704(11) of the Listing Manual of the Singapore Exchange Securities Trading Limited, Ascendas-MGM Funds Management Limited, being the Manager of Ascendas Real Estate Investment Trust, confirms that there is no such persons occupying managerial positions who is a relative to a Director or Chief Executive Officer or substantial shareholder of the Company.