Far East Hospitality Trust announced the following changes in the composition of the Boards of the Managers and the Board Committee of the REIT Manager: The Cessation of Mr. Huang Cheng Eng as a Non-Independent Non-Executive Director of the Boards of the Managers with effect from 30 June 2022. Mr. Huang shall cease as a member of the Nominating Committee concurrent with his cessation from the Board of the REIT Manager. The appointment of Mr. Gerald Lee Hwee Keong, currently the Chief Executive Officer of the Managers, as an Executive Director of the Boards of the Managers with effect from 1 July 2022.

Mr. Gerald Lee is principally responsible for the management and conduct of the business of the REIT Manager. He has full executive responsibilities over the business direction and operational decisions in managing Far East H-REIT. The Board believes that Mr. Gerald Lee's appointment as Executive Director will be beneficial and facilitate the implementation of the business strategies and the long-term strategic growth of Far East H-REIT.

The appointment of Mr. Wee Kheng Jin as a member of the NC in Mr. Huang's stead with effect from 1 July 2022. Consequent thereof, the NC shall henceforth comprise the following members: Nominating Committee consists of Ms. Vivienne Lim Hui Bian as Chairman, Lead Independent Director, Mr. Wee Kheng Jin as Member, Chairman and Non-Executive Director and Ms. Catherine Lee Khia Yee as Member, Independent Director.