The Board of Directors of Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust announced a change in distribution frequency to semi-annual distributions from its current quarterly distributions, with effect from the financial year ending 31 December 2024 ("FY2024"). Accordingly, Sasseur REIT's next distribution to unitholders will be for the half-year period ending 30 June 2024.

With the change to semi-annual distributions, Sasseur REIT will be able to achieve savings, given the compliance costs and administrative resources required for quarterly distributions. The Manager also wishes to state that Sasseur REIT will continue to maintain half-yearly reporting of financial results and will provide business and operational updates between the announcements of half-yearly financial results.