Insider Trades

Remarks
Acquisition of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): $12,096.00

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 29498400 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.00200000 (Deemed Interest)

MCB 2024 Holdings LLC is deemed to be interested in the Relevant Units as:
(a) MCB Asia Investor LLC has a direct interest in the Relevant Units; and
(b) MCB 2024 Holdings LLC is the 100% shareholder of MCB Asia Investor LLC and has a controlling interest in MCB Asia Investor LLC.

MCB 2024 Holdings LLC is the 100% shareholder and has a controlling interest in MCB Asia Investor LLC.

The percentage of total number of United Hampshire US REIT units (both before and after the transaction ) are calculated based on 589,690,531 issued units as at 12 December 2024.

Remarks
Acquisition of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): $12,096.00

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 29498400 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.00200000 (Deemed Interest)

MCB Acquisitions Manager LLC is deemed to be interested in the Relevant Units as:
(a) MCB Asia Investor LLC has a direct interest of in the Relevant Units; and
(b) MCB Acquisitions Manager LLC is the manager of MCB Asia Investor LLC and has authority or can exercise control over the disposal of the Relevant Units.

MCB Acquisitions Manager LLC is the manager of MCB Asia Investor LLC.

The percentage of total number of United Hampshire US REIT units (both before and after the transaction ) are calculated based on 589,690,531 issued units as at 12 December 2024.

Remarks
Acquisition of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): $12,096.00

Immediately after the transaction

No. of ordinary voting shares/units held: 29498400 (Direct Interest); (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 5.00200000 (Direct Interest); 0.00000000 (Deemed Interest)

MCB Asia Investor LLC made a market acquisition of 25,200 units in United Hampshire US REIT on 12 December 2024 and increased its total holding to 29,498,400 units in United Hampshire US REIT, being 5.002% of the total units in United Hampshire US REIT ("Relevant Units"). The percentage of total number of United Hampshire US REIT units (both before and after the transaction ) are calculated based on 589,690,531 issued units as at 12 December 2024.

Remarks
Acquisition of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): $12,096.00

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 29498400 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.00200000 (Deemed Interest)

MCB Holdco Member LLC is deemed to be interested in the Relevant Units as:
(a) MCB Asia Investor LLC has a direct interest in the Relevant Units;
(b) MCB Asia Investor LLC is a wholly-owned subsidiary of MCB 2024 Holdings LLC; and
(c) MCB Holdco Member LLC owns 80.5% of the total shares in MCB 2024 Holdings LLC and can exercise control over not less than 20% of the votes attached to the voting shares in MCB 2024 Holdings LLC.

MCB Holdco Member LLC owns 80.5% of the total shares in MCB 2024 Holdings LLC and can exercise control over not less than 20% of the votes attached to the voting shares in MCB 2024 Holdings LLC. MCB 2024 Holdings LLC owns 100% of the total shares in MCB Asia Investor LLC.

The percentage of total number of United Hampshire US REIT units (both before and after the transaction ) are calculated based on 589,690,531 issued units as at 12 December 2024.

Remarks
Acquisition of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): $12,096.00

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 29498400 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.00200000 (Deemed Interest)

P. David Bramble is deemed to be interested in the Relevant Units as:
(a) MCB Asia Investor LLC has a direct interest in the Relevant Units;
(b) MCB Acquisitions Manager LLC is the manager of MCB Asia Investor LLC and has authority or can exercise control over the disposal of the Relevant Units; and
(c) P. David Bramble owns 100% of the total shares in MCB Acquisitions Manager LLC and has a controlling interest in MCB Acquisitions Manager LLC.

P. David Bramble owns 100% of the total shares and has a controlling interest in MCB Acquisitions Manager LLC, which is the manager of MCB Asia Investor LLC.

The percentage of total number of United Hampshire US REIT units (both before and after the transaction ) are calculated based on 589,690,531 issued units as at 12 December 2024.

Remarks
Election by Kuang Ming to receive 1,393,359 units in lieu of cash distribution, pursuant to United Hampshire US Real Estate Investment Trust's Distribution Reinvestment Plan ("DRP") in respect of the distribution of US 2.01 cents per unit for the period from 1 January 2024 to 30 June 2024. United Hampshire US Real Estate Investment Trust issued an aggregate of 6,244,290 new units at US$0.420 per unit to eligible unitholders who elected to participate in the DRP.

Immediately after the transaction

No. of ordinary voting shares/units held: 30508338 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 5.17000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage figures shown immediately before the transaction are calculated based on 583,446,241 issued units as at 26 September 2024.

The percentage figures shown immediately after the transaction are calculated based on 589,690,531 issued units as at 27 September 2024.

Remarks
Election by Kuang Ming Investments Pte. Limited to receive 1,393,359 units in lieu of cash distribution, pursuant to United Hampshire US Real Estate Investment Trust's Distribution Reinvestment Plan ("DRP") in respect of the distribution of US 2.01 cents per unit for the period from 1 January 2024 to 30 June 2024. United Hampshire US Real Estate Investment Trust issued an aggregate of 6,244,290 new units at US$0.420 per unit to eligible unitholders who elected to participate in the DRP.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 30508338 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.17000000 (Deemed Interest)

Kuang Ming Investments Pte. Limited has a direct interest in 30,508,338 units. PN has a more than 20% interest in Kuang Ming Investments Pte. Limited and is therefore deemed to be interested in the 30,508,338 units in which Kuang Ming Investments Pte. Limited has an interest.

The percentage figures shown immediately before the transaction are calculated based on 583,446,241 issued units as at 26 September 2024.

The percentage figures shown immediately after the transaction are calculated based on 589,690,531 issued units as at 27 September 2024.

Remarks
Election by Kuang Ming Investments Pte. Limited to receive 1,393,359 units in lieu of cash distribution, pursuant to United Hampshire US Real Estate Investment Trust's Distribution Reinvestment Plan ("DRP") in respect of the distribution of US 2.01 cents per unit for the period from 1 January 2024 to 30 June 2024. United Hampshire US Real Estate Investment Trust issued an aggregate of 6,244,290 new units at US$0.420 per unit to eligible unitholders who elected to participate in the DRP.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 30508338 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.17000000 (Deemed Interest)

Kuang Ming Investments Pte. Limited has a direct interest in 30,508,338 units. TKC has a more than 20% interest in Kuang Ming Investments Pte. Limited and is therefore deemed to be interested in the 30,508,338 units in which Kuang Ming Investments Pte. Limited has an interest.

The percentage figures shown immediately before the transaction are calculated based on 583,446,241 issued units as at 26 September 2024.

The percentage figures shown immediately after the transaction are calculated based on 589,690,531 issued units as at 27 September 2024.

Remarks
60,596 Units issued to the REIT Manager at an issue price of US$0.42 per Unit on 27 September 2024 pursuant to UHREIT's Distribution Reinvestment Plan in respect of the distribution of US2.01 cents per Unit for the period from 1 January 2024 to 30 June 2024.

Immediately after the transaction

No. of ordinary voting shares/units held: 3477002 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.59 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units immediately after the transaction is based on 589,690,531 Units in issue as at 27 September 2024.

Remarks
67,357 new units in UHREIT have been issued at an issue price of US$0.42 per Unit on 27 September 2024 pursuant to UHREIT's Distribution Reinvestment Plan in respect of the distribution of US2.01 cents per Unit for the period from 1 January 2024 to 30 June 2024.

Immediately after the transaction

No. of ordinary voting shares/units held: 1474648 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.25000000 (Direct Interest); 0.00000000 (Deemed Interest)

Percentage of total number of Units immediately after the transaction is based on 589,690,531 Units in issue as at 27 September 2024.

Remarks
25,000 new units in UHREIT have been issued at an issue price of US$0.42 per Unit on 27 September 2024 pursuant to UHREIT's Distribution Reinvestment Plan in respect of the distribution of US2.01 cents per Unit for the period from 1 January 2024 to 30 June 2024.

Immediately after the transaction

No. of ordinary voting shares/units held: 551000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.09 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units immediately after the transaction is based on 589,690,531 Units in issue as at 27 September 2024.

Remarks
60,596 new units in United Hampshire US REIT ("Units") has been issued at an issue price of US$0.420 per new Unit on 27 September 2024 pursuant to United Hampshire US REIT's Distribution Reinvestment Plan in respect of the distribution of US 2.01 cents per Unit for the period from 1 January 2024 to 30 June 2024.

Immediately after the transaction

No. of ordinary voting shares/units held: 1326799 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.22500000 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units "immediately after the transaction" is based on 589,690,531 Units in issue as at 27 September 2024.

Remarks
Acceptance of employee share options/share awards

Immediately after the transaction

No. of rights/options/warrants held: 1,490,893

Rights to 407,593 Units was awarded to Mr Gerard Yuen Wei Yi under the United Hampshire US REIT Management Pte. Ltd.'s Performance Unit Plan ("PUP"). The final number of Units released under the PUP will depend on the achievement of pre-determined performance targets and subject to the respective vesting period under the PUP. The PUP is a long term incentive scheme of United Hampshire US REIT Management Pte. Ltd.

Remarks
Acquisition of Securities via market transaction

Immediately after the transaction

No. of ordinary voting shares/units held: 526000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.09 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units immediately after the transaction is based on 583,446,241 Units in issue as at 14 May 2024.

Remarks
REIT issued 1,777,917 new units at US$0.456 per unit pursuant to its Distribution Reinvestment Plan (DRP) on 28 Mar 2024 in respect of the distribution of US 2.14 cents per unit for the period from 1 Jul 2023 to 31 Dec 2023, and the total no. of issued units of REIT increased from 581,668,324 to 583,446,241 as a result. Consequently, there was a decrease in TKC's percentage interest in REIT (arising through Kuang Ming Investments Pte. Limited's direct interest in REIT) and she ceased to be a substantial unitholder in REIT. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 29114979 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 4.99000000 (Deemed Interest)

Kuang Ming Investments Pte. Limited has a direct interest in 29,114,979 units. TKC has a more than 20% interest in Kuang Ming Investments Pte. Limited and is therefore deemed to be interested in the 29,114,979 units in which Kuang Ming Investments Pte. Limited has an interest. The percentage figures shown immediately before the transaction which is the subject of this Form 3 are calculated based on 581,668,324 issued units as at 27 March 2024. The percentage figures shown immediately after the transaction which is the subject of this Form 3 are calculated based on 583,446,241 issued units as at 28 March 2024.

Remarks
REIT issued 1,777,917 new units at US$0.456 per unit pursuant to its Distribution Reinvestment Plan (DRP) on 28 Mar 2024 in respect of the distribution of US 2.14 cents per unit for the period from 1 Jul 2023 to 31 Dec 2023, and the total no. of issued units of REIT increased from 581,668,324 to 583,446,241 as a result. Consequently, there was a decrease in PN's percentage interest in REIT (arising through Kuang Ming Investments Pte. Limited's direct interest in REIT) and he ceased to be a substantial unitholder in REIT. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 29114979 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 4.99000000 (Deemed Interest)

Kuang Ming Investments Pte. Limited has a direct interest in 29,114,979 units. PN has a more than 20% interest in Kuang Ming Investments Pte. Limited and is therefore deemed to be interested in the 29,114,979 units in which Kuang Ming Investments Pte. Limited has an interest. The percentage figures shown immediately before the transaction which is the subject of this Form 3 are calculated based on 581,668,324 issued units as at 27 March 2024. The percentage figures shown immediately after the transaction which is the subject of this Form 3 are calculated based on 583,446,241 issued units as at 28 March 2024.

Remarks
REIT issued 1,777,917 new units at US$0.456 per unit pursuant to its Distribution Reinvestment Plan ("DRP") on 28 March 2024 in respect of the distribution of US 2.14 cents per unit for the period from 1 July 2023 to 31 December 2023, and the total number of issued units of REIT increased from 581,668,324 to 583,446,241 as a result. Kuang Ming did not elect to participate in the DRP. Consequently, there was a decrease in Kuang Ming's percentage interest in REIT and it ceased to be a substantial unitholder in REIT. Immediately after the transaction

No. of ordinary voting shares/units held: 29114979 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 4.99000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage figures shown immediately before the transaction which is the subject of this Form 3 are calculated based on 581,668,324 issued units as at 27 March 2024. The percentage figures shown immediately after the transaction which is the subject of this Form 3 are calculated based on 583,446,241 issued units as at 28 March 2024.

Remarks
62,891 new units in United Hampshire US REIT ("Units") has been issued at an issue price of US$0.456 per new Unit on 28 March 2024 pursuant to United Hampshire US REIT's Distribution Reinvestment Plan in respect of the distribution of US 2.14 cents per Unit for the period from 1 July 2023 to 31 December 2023.

Immediately after the transaction

No. of ordinary voting shares/units held: 1407291 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.24100000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings is calculated based on 583,446,241 Units in issue as at 28 March 2024.

Remarks
84,522 new units in United Hampshire US REIT ("Units") has been issued at an issue price of US$0.395 per new Unit on 28 September 2023 pursuant to United Hampshire US REIT's Distribution Reinvestment Plan in respect of the distribution of US 2.65 cents per Unit for the period from 1 January 2023 to 30 June 2023.

Immediately after the transaction

No. of ordinary voting shares/units held: 1344400 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.23100000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings is calculated based on 581,668,324 Units in issue as at 28 September 2023.

Remarks
Election by Kuang Ming to receive 1,830,479 units in lieu of cash distribution, pursuant to United Hampshire US Real Estate Investment Trust's Distribution Reinvestment Plan ("DRP") in respect of the distribution period from 1 January 2023 to 30 June 2023. United Hampshire US Real Estate Investment Trust issued an aggregate of 7,441,227 new units to eligible unitholders who elected to participate in the DRP.

Immediately after the transaction

No. of ordinary voting shares/units held: 29114979 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 5.01000000 (Direct Interest); 0 (Deemed Interest)

The percentage figures shown immediately before the transaction are calculated based on 574,227,097 issued units as at 27 September 2023.

The percentage figures shown immediately after the transaction are calculated based on 581,668,324 issued units as at 28 September 2023.

Remarks
Election by Kuang Ming Investments Pte. Limited ("Kuang Ming") to receive 1,830,479 units in lieu of cash distribution, pursuant to United Hampshire US Real Estate Investment Trust's Distribution Reinvestment Plan ("DRP") in respect of the distribution period from 1 January 2023 to 30 June 2023. United Hampshire US Real Estate Investment Trust issued an aggregate of 7,441,227 new units to eligible unitholders who elected to participate in the DRP.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 29114979 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0 (Direct Interest); 5.01000000 (Deemed Interest)

Kuang Ming has a direct interest in 29,114,979 units. Mdm Tan Kim Choo has a more than 20% interest in Kuang Ming and is therefore deemed to be interested in the 29,114,979 units in which Kuang Ming has an interest.

The percentage figures shown immediately before the transaction are calculated based on 574,227,097 issued units as at 27 September 2023.

The percentage figures shown immediately after the transaction are calculated based on 581,668,324 issued units as at 28 September 2023.

Remarks
Election by Kuang Ming Investments Pte. Limited ("Kuang Ming") to receive 1,830,479 units in lieu of cash distribution, pursuant to United Hampshire US Real Estate Investment Trust's Distribution Reinvestment Plan ("DRP") in respect of the distribution period from 1 January 2023 to 30 June 2023. United Hampshire US Real Estate Investment Trust issued an aggregate of 7,441,227 new units to eligible unitholders who elected to participate in the DRP.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 29114979 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0 (Direct Interest); 5.01000000 (Deemed Interest)

Kuang Ming has a direct interest in 29,114,979 units. Mr Ng Chee Tat Philip has a more than 20% interest in Kuang Ming and is therefore deemed to be interested in the 29,114,979 units in which Kuang Ming has an interest.

The percentage figures shown immediately before the transaction are calculated based on 574,227,097 issued units as at 27 September 2023.

The percentage figures shown immediately after the transaction are calculated based on 581,668,324 issued units as at 28 September 2023.

Remarks
25,999 new units in UHREIT have beenissued at an issue price of US$0.395 per Unit on 28 September 2023 pursuant to UHREIT's Distribution Reinvestment Plan in respect of the distribution of US2.65 cents per Unit for the period from 1 January 2023 to 30 June 2023.

Immediately after the transaction

No. of ordinary voting shares/units held: 426000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.07 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units immediately after the transaction is based on 581,668,324 Units in issue as at 28 September 2023.

Remarks
Vesting of Units to its employees under UHRM's Performance Unit Plan.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 3416406 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.595 (Deemed Interest)

Mr James E. Hanson II is deemed interested in above units as he has more than 20% interest in these entities.

The percentage of unitholdings is calculated based on 574,227,097 Units in issue as at 6 Sep 2023.

Remarks
Vesting of Units to its employees pursuant to the Manager's Performance Unit Plan Immediately after the transaction

No. of ordinary voting shares/units held: 44395000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 7.73100000 (Direct Interest); 0.00000000 (Deemed Interest)

U.S. RE Fund II Offshore Feeder 1 Ltd is a direct wholly-owned subsidiary of United Overseas Bank Limited. The percentage of total number of units "immediately after transaction" is based on 574,227,097 units issued as at 6 September 2023.

Remarks
Vesting of Units to its employees pursuant to the Manager's Performance Unit Plan

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 45661203 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 7.95100000 (Deemed Interest)

United Overseas Bank Limited does not have any direct interest in Units.

United Overseas Bank Limited is filing this notification form to report a change in the percentage level of its deemed interest in Units from 8.147% to 7.951% due to vesting of 1,125,921Units to its employees pursuant to the Manager's Performance Unit Plan.

United Overseas Bank Limited is deemed interested in Units held by U.S. RE Fund II Offshore Feeder 1 Ltd as U.S. RE Fund II Offshore Feeder 1 Ltd is a direct wholly owned subsidiary of United Overseas Bank Limited. United Overseas Bank Limited is also deemed interested in Units held by the Manager.

U.S. RE Fund II Offshore Feeder 1 Ltd is a direct wholly-owned subsidiary of United Overseas Bank Limited.

The percentage of total number of units "immediately after transaction" is based on 574,227,097 units issued as at 6 September 2023.

Remarks
Vesting of Units to its employees pursuant to the Manager's Performance Unit Plan.

Immediately after the transaction

No. of ordinary voting shares/units held: 1266203 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.22100000 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units "immediately after the transaction" is based on 574,227,097 Units in issue as at 6 September 2023.

Remarks
The change in percentage of interest is attributable to the issuance of 1,823,313 units as the payment of management fees in units to the Manager. Immediately after the transaction

No. of ordinary voting shares/units held: 44395000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 7.73100000 (Direct Interest); 0 (Deemed Interest)

U.S. RE Fund II Offshore Feeder 1 Ltd is a direct wholly-owned subsidiary of United Overseas Bank Limited. The percentage of total number of units "immediately before and after transaction" is based on 572,403,784 and 574,227,097 issued units as at 22 August 2023 respectively.

Remarks
The change in percentage of interest is attributable to the issuance of 1,823,313 units as the payment of management fees in units to the Manager.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 46787124 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0 (Direct Interest); 8.14700000 (Deemed Interest)

United Overseas Bank Limited does not have any direct interest in Units.

United Overseas Bank Limited is filing this notification form to report a change in the percentage level of its deemed interest in Units from 7.855% to 8.147% due to the issuance of 1,823,313 Units as the payment of management fee in units to the Manager.

United Overseas Bank Limited is deemed interested in Units held by U.S. RE Fund II Offshore Feeder 1 Ltd as U.S. RE Fund II Offshore Feeder 1 Ltd is a direct wholly owned subsidiary of United Overseas Bank Limited. United Overseas Bank Limited is also deemed interested in Units held by the Manager.

U.S. RE Fund II Offshore Feeder 1 Ltd is a direct wholly-owned subsidiary of United Overseas Bank Limited.

The percentage of total number of units "immediately before and after transaction" is based on 572,403,784 and 574,227,097 issued units as at 22 August 2023 respectively.

Remarks
On 22 Aug 2023, United Hampshire US REIT Management Pte Ltd (the "Manager") received 1,823,313 units as payment of Manager's management fee in units.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 4542327 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0 (Direct Interest); 0.791 (Deemed Interest)

Mr James E. Hanson II is deemed interested in units held by the Manager as he has more than 20% interest in the entity.

The percentage of unitholdings is calculated based on 574,227,097 Units in issue as at 22 Aug 2023.

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: 2392124 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.417 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units "immediately after the transaction" is based on 574,227,097 Units in issue as at 22 Aug 2023.

Remarks
200,000 Units disposed of by the Manager.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2719014 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0 (Direct Interest); 0.475 (Deemed Interest)

Mr James E. Hanson II is deemed interested in above units as he has more than 20% interest in these entities.

The percentage of unitholdings is calculated based on 572,403,784 Units in issue as at 16 August 2023.

Remarks
986,600 Units disposed of by the Manager.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2919014 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0 (Direct Interest); 0.510 (Deemed Interest)

Mr James E. Hanson II is deemed interested in above units as he has more than 20% interest in these entities.

The percentage of unitholdings is calculated based on 572,403,784 Units in issue as at 15 August 2023.

Remarks
Disposal of Securities via market transaction Immediately after the transaction

No. of ordinary voting shares/units held: 44395000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 7.75600000 (Direct Interest); 0.00000000 (Deemed Interest)

U.S. RE Fund II Offshore Feeder 1 Ltd is a direct wholly-owned subsidiary of United Overseas Bank Limited. The percentage of total number of units is based on 572,403,784 issued units as at 15 Aug 2023.

Remarks
Disposal of Securities via market transaction

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 45163811 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 7.89000000 (Deemed Interest)

United Overseas Bank Limited does not have any direct interest in Units.

United Overseas Bank Limited is filing this notification form to report a change in the percentage level of its deemed interest in Units from 8.063% to 7.890% due to the disposal of 986,600 Units by the Manager via market transaction.

United Overseas Bank Limited is deemed interested in Units held by U.S. RE Fund II Offshore Feeder 1 Ltd as U.S. RE Fund II Offshore Feeder 1 Ltd is a direct wholly owned subsidiary of United Overseas Bank Limited. United Overseas Bank Limited is also deemed interested in Units held by the Manager.

U.S. RE Fund II Offshore Feeder 1 Ltd is a direct wholly-owned subsidiary of United Overseas Bank Limited.

The percentage of total number of units is based on 572,403,784 issued units as at 15 Aug 2023.

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

Immediately after the transaction

No. of ordinary voting shares/units held: 568811 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.099 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units "immediately after the transaction" is based on 572,403,784 Units in issue as at 16 August 2023.

Remarks
Disposal of Securities via market transaction

Immediately after the transaction

No. of ordinary voting shares/units held: 768811 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.134 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units "immediately after the transaction" is based on 572,403,784 Units in issue as at 15 August 2023.

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

Immediately after the transaction

No. of ordinary voting shares/units held: 400001 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.070 (Direct Interest); 0 (Deemed Interest)

Percentage of total number of Units is based on 572,403,784 Units in issue as at 16 August 2023.

Remarks
Acceptance of employee share options/share awards

Immediately after the transaction

No. of rights/options/warrants held: 1,233,300

Rights to 820,800 Units was awarded to Mr Gerard Yuen Wei Yi under the United Hampshire US REIT Management Pte. Ltd.'s Performance Unit Plan ("PUP"). The final number of Units released under the PUP will depend on the achievement of pre-determined performance targets and subject to the respective vesting period under the PUP. The PUP is a long term incentive scheme of United Hampshire US REIT Management Pte. Ltd.

Remarks
405,200 Units disposed of by the Manager.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 3905614 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.682 (Deemed Interest)

Mr James E. Hanson II is deemed interested in above units as he has more than 20% interest in these entities.

The percentage of unitholdings is calculated based on 572,403,784 Units in issue as at 15 Jun 2023 2023.