INVESTOR RELATIONS

Remarks
Issuance of 129,199,000 new Units on 6 October 2025 pursuant to the Private Placement (as announced by the Listed Issuer on 6 October 2025). Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 113371578 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 7.88000000 (Deemed Interest)

Temasek does not have any direct interest in the Units. There is no change in the number of Units in which Temasek has a deemed interest. Temasek is filing this notice in respect of a change in the percentage level of its deemed interest in the Units from 8.66% to 7.88% pursuant to the issuance of 129,199,000 new Units on 6 October 2025 pursuant to the Private Placement (as announced by the Listed Issuer on 6 October 2025). Temasek's deemed interest arises from the aggregation of the interests of Cuscaden and Keppel. (A) Temasek's deemed interest through Cuscaden 2.309% (i) Times Properties Private Limited ("TPPL") owns approximately 2.309% of the Units. (ii) The Manager owns approximately 0.794% of the Units. (iii) TPPL has an interest of 20% in the Manager. (iv) TPPL is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI"). (v) CPI is deemed to have an interest in the Units in which TPPL and the Manager have an interest in. (vi) CPI is a subsidiary of Cuscaden. (vii) Cuscaden is deemed to have an interest in the Units that CPI has an interest in. In respect of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III"): (i) Adenium Pte. Ltd. ("APL") has an interest of more than 20% of Cuscaden. (ii) APL is a subsidiary of CLA Real Estate Holdings Pte. Ltd. ("CLA Real Estate"). (iii) CLA Real Estate is a subsidiary of TJ Holdings III. (iv) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville"). (v) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson"). (vi) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley"). (vii) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu"). (viii) Tembusu is a subsidiary of Temasek. In respect of Fullerton Management Pte. Ltd. ("Fullerton"): (i) Mapletree Fortress Pte Ltd ("MFPL") has an interest of more than 20% of Cuscaden. (ii) MFPL is a subsidiary of Gemstone Asset Holdings Pte. Ltd. ("GAH"). (iii) GAH is a subsidiary of Mapletree Investments Pte. Ltd. ("MIPL"). (iv) MIPL is a subsidiary of Fullerton. (v) Fullerton is a subsidiary of Temasek. (B) Temasek's deemed interest through Keppel 5.577% (i) Keppel Capital Investment Holdings Pte. Ltd. ("KCIH") holds 4.782% of Units. (ii) The Manager holds 0.794% of Units. (iii) Keppel Capital Two Pte. Ltd. ("KC Two") has a 30% interest in the Manager. (iv) KC Two is a wholly owned subsidiary of Keppel Capital Management Pte. Ltd. ("KCMPL"). (v) KCIH and KCMPL are wholly owned subsidiaries of Keppel Capital Holdings Pte. Ltd. ("KCHPL"). (vi) KCHPL is a wholly owned subsidiary of Keppel. (vii) Temasek has a more than 20% interest in Keppel. -------------- Total deemed interest of Temasek 7.88% ======= (Note: Temasek's deemed interest of 2.309% through Cuscaden does not include the 0.794% of the Units held by the REIT Manager of which Temasek already had a deemed interest in through Keppel. This 0.794% under part A is disregarded for the purposes of calculating the total deemed interest of Temasek in the Units to avoid double-counting.) Cuscaden and Keppel are independently managed Temasek portfolio companies. Temasek is not involved in their business or operating decisions, including those regarding their positions in Units. The percentage of interest immediately before the change is calculated on the basis of 1,308,259,171 Units. The percentage of interest immediately after the change is calculated on the basis of 1,437,458,171 Units. In this Notice, figures are rounded down to the nearest 0.01% and 0.001%. Any discrepancies in aggregated figures are due to rounding.

Remarks
"129,199,000 new units of Prime US REIT were issued and listed on 6 October 2025 in connection with the private placement." Immediately after the transaction

No. of ordinary voting shares/units held: 68400200 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 4.76000000 (Direct Interest); 0.00000000 (Deemed Interest)

"The percentage of interest immediately before is calculated based on the total issued units of 1,308,259,171 as at 5 October 2025. The percentage of interest immediately after is calculated based on the total issued units of 1,437,458,171 after a total of 129,199,000 new units were issued and listed on 6 October 2025 pursuant to the private placement."

Remarks
As stated in the announcement of Prime US REIT Management Pte. Ltd. (the Manager of Prime US REIT) dated 6 October 2025, Prime US REIT issued 129,199,000 new Units in connection with the private placement. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 80172478 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.57700000 (Deemed Interest)

KCH's deemed interest arises from its shareholdings in (i) KCIH, a wholly-owned subsidiary of KCH and (ii) Keppel Capital Two Pte. Ltd. ("KC2") which holds 30% of the voting shares in Prime US REIT Management Pte. Ltd. (the Manager of Prime US REIT) and is an indirect wholly-owned subsidiary of KCH, held through Keppel Capital Management Pte. Ltd. ("KCM"). KCIH is a wholly-owned subsidiary of KCH, which in turn is a wholly-owned subsidiary of Keppel Ltd. There has been no change in the number of voting units of the Listed Issuer in which KCH has an interest. The change in KCH's percentage level of interests is due to a corporate action undertaken by the Listed Issuer, details of which are in Part IV of this Form 3. The percentage level of 6.128 is calculated based on 1,308,259,171 issued Units as at 9 April 2025. The percentage level of 5.577 is calculated based on 1,437,458,171 issued Units as at 6 October 2025.

Remarks
As stated in the announcement of Prime US REIT Management Pte. Ltd. (the Manager of Prime US REIT) dated 6 October 2025, Prime US REIT issued 129,199,000 new Units in connection with the private placement. Immediately after the transaction

No. of ordinary voting shares/units held: 68750000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 4.78300000 (Direct Interest); 0.00000000 (Deemed Interest)

Keppel Capital Investment Holdings Pte. Ltd. ('KCIH") is a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd. ("KCH"), which in turn is a wholly-owned subsidiary of Keppel Ltd. There has been no change in the number of voting units of the Listed Issuer in which KCIH has an interest. The change in KCIH's percentage level of interests and its consequent cessation as a substantial unitholder is due to a corporate action undertaken by the Listed Issuer, details of which are in Part IV of this Form 3. The percentage level of 5.255 is calculated based on 1,308,259,171 issued Units as at 9 April 2025. The percentage level of 4.783 is calculated based on 1,437,458,171 issued Units as at 6 October 2025.

Remarks
As stated in the announcement of Prime US REIT Management Pte. Ltd. (the Manager of Prime US REIT) dated 6 October 2025, Prime US REIT issued 129,199,000 new Units in connection with the private placement. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 80172478 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.57700000 (Deemed Interest)

Keppel Ltd.'s deemed interest arises from its shareholdings in (i) KCIH, an indirect wholly-owned subsidiary of Keppel Ltd. held through KCH and (ii) KC2, which holds 30% of the voting shares in Prime US REIT Management Pte. Ltd. (the Manager of Prime US REIT) and is an indirect wholly-owned subsidiary of Keppel Ltd. held through KCM and KCH. KCH is a wholly-owned subsidiary of Keppel Ltd. There has been no change in the number of voting units of the Listed Issuer in which Keppel Ltd. has an interest. The change in Keppel Ltd's percentage level of interests is due to a corporate action undertaken by the Listed Issuer, details of which are in Part IV of this Form 3. The percentage level of 6.128 is calculated based on 1,308,259,171 issued Units as at 9 April 2025. The percentage level of 5.577 is calculated based on 1,437,458,171 issued Units as at 6 October 2025.

Remarks
As announced by Prime US REIT on 6 October 2025, 129,199,000 new units in Prime US REIT were issued on 6 October 2025 in connection with a private placement. KBS REIT Properties III, LLC did not participate in the private placement. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 237426088 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 16.52000000 (Deemed Interest)

KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. Accordingly, KBS Limited Partnership III is deemed to be interested in KBS REIT Properties III, LLC's direct interests in the Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of interest immediately before is calculated based on the total issued units of 1,308,259,171 as at 5 October 2025. The percentage of interest immediately after is calculated based on the total issued units of 1,437,458,171 after a total of 129,199,000 new units were issued and listed on 6 October 2025 pursuant to the private placement.

Remarks
As announced by Prime US REIT on 6 October 2025, 129,199,000 new units in Prime US REIT were issued on 6 October 2025 in connection with a private placement. KBS REIT Properties III, LLC did not participate in the private placement. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 237426088 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 16.52000000 (Deemed Interest)

KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. Accordingly, KBS REIT Holdings III, LLC is deemed to be interested in KBS REIT Properties III, LLC's direct interests in the Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of interest immediately before is calculated based on the total issued units of 1,308,259,171 as at 5 October 2025. The percentage of interest immediately after is calculated based on the total issued units of 1,437,458,171 after a total of 129,199,000 new units were issued and listed on 6 October 2025 pursuant to the private placement.

Remarks
As announced by Prime US REIT on 6 October 2025, 129,199,000 new units in Prime US REIT were issued on 6 October 2025 in connection with a private placement. KBS REIT Properties III, LLC did not participate in the private placement. Immediately after the transaction

No. of ordinary voting shares/units held: 237426088 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 16.52000000 (Direct Interest); 0.00000000 (Deemed Interest)

KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of interest immediately before is calculated based on the total issued units of 1,308,259,171 as at 5 October 2025. The percentage of interest immediately after is calculated based on the total issued units of 1,437,458,171 after a total of 129,199,000 new units were issued and listed on 6 October 2025 pursuant to the private placement.

Remarks
As announced by Prime US REIT on 6 October 2025, 129,199,000 new units in Prime US REIT were issued on 6 October 2025 in connection with a private placement. KBS REIT Properties III, LLC did not participate in the private placement. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 237426088 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 16.52000000 (Deemed Interest)

KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. Accordingly, KBS Real Estate Investment Trust III, Inc. is deemed to be interested in KBS REIT Properties III, LLC's direct interests in the Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of interest immediately before is calculated based on the total issued units of 1,308,259,171 as at 5 October 2025. The percentage of interest immediately after is calculated based on the total issued units of 1,437,458,171 after a total of 129,199,000 new units were issued and listed on 6 October 2025 pursuant to the private placement.

Remarks
Vesting of share awards

Immediately after the transaction

No. of ordinary voting shares/units held: 1847589 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.14000000 (Direct Interest); 0.00000000 (Deemed Interest)

Vesting of 171,428 Units in Prime US REIT pursuant to the award of units to Mr Rahul Rana as part of the long-term incentive payable to key management personnel in units over a 3-year period by way of transfer of units owned by Prime US REIT Management Pte. Ltd. (the "Manager").

The percentage of unitholdings is calculated based on the total issued units of 1,308,259,171.

Remarks
Prime US REIT Management Pte. Ltd. (the "Manager") has transferred a total of 250,793 Units pursuant to the award of units to Mr Rahul Rana and Ms Cindy Teo as part of the long-term incentive payable to key management personnel in units over a 3-year period.

Immediately after the transaction

No. of ordinary voting shares/units held: 11422478 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.87000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings is calculated based on the total issued units of 1,308,259,171.

Remarks
Transfer of 50,000 units registered in her name to a security account (joint name with her spouse) with DBS Nominees Pte Ltd as depository agent. There is no change in her interest in Prime US REIT as a result of this transfer. Immediately after the transaction

No. of ordinary voting shares/units held: 5000 (Direct Interest); 50000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00400000 (Deemed Interest)

The change in Ms Janice Wu Sung Sung's interest was due to transfer of 50,000 units held through her CDP account to DBS Nominees Pte Ltd. The percentage of unitholdings is calculated based on the total issued units of 1,308,259,171.

Remarks
With reference to Prime US REIT's announcements dated 21 February 2024, 23 February 2024 and 28 March 2024, new units were issued to all Unitholders on the basis of one (1) new unit credited as fully paid for every 10 existing units held by the Unitholder as at the record date (the "Bonus Issue"). Pursuant to the Bonus Issue, Mr Richard Bren had received 152,378 new units in his own name. He is deemed interested in the 1,863,931 new units received by Linda Bren 2017 Trust of which he is a trustee.

Immediately after the transaction

No. of ordinary voting shares/units held: 1676162 (Direct Interest); 20503249 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.13000000 (Direct Interest); 1.57000000 (Deemed Interest)

Mr Richard Bren is deemed interested in the units in Prime US REIT held by Linda Bren 2017 Trust, of which he is a trustee.

The percentage of unitholdings before the transaction is calculated based on the total issued units of 1,189,327,094. The percentage of unitholdings after the transaction is calculated based on the total issued units of 1,308,259,171.

Remarks
With reference to Prime US REIT's announcements dated 21 February 2024, 23 February 2024 and 28 March 2024, new units were issued to all Unitholders on the basis of one (1) new unit credited as fully paid for every 10 existing units held by the Unitholder as at the record date (the "Bonus Issue"). Pursuant to the Bonus Issue, Ms Janice Wu had received 5,000 new units in Prime US REIT.

Immediately after the transaction

No. of ordinary voting shares/units held: 55000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00400000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings before the transaction is calculated based on the total issued units of 1,189,327,094. The percentage of unitholdings after the transaction is calculated based on the total issued units of 1,308,259,171.

Remarks
With reference to Prime US REIT's announcements dated 21 February 2024, 23 February 2024 and 28 March 2024, new units were issued to all Unitholders on the basis of one (1) new unit credited as fully paid for every 10 existing units held by the Unitholder as at the record date (the "Bonus Issue"). Pursuant to the Bonus Issue, Prime US REIT Management Pte. Ltd. had received 1,061,206 new units in Prime US REIT.

Immediately after the transaction

No. of ordinary voting shares/units held: 11673271 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.89000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings before the transaction is calculated based on the total issued units of 1,189,327,094. The percentage of unitholdings after the transaction is calculated based on the total issued units of 1,308,259,171.

Remarks
Vesting of share awards

Immediately after the transaction

No. of ordinary voting shares/units held: 913935 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.08000000 (Direct Interest); 0.00000000 (Deemed Interest)

Vesting of 124,242 Units in Prime US REIT pursuant to the award of units to Mr Bedi for his 2023 performance bonus by way of transfer of Units owned by Prime US REIT Management Pte. Ltd. (the "Manager").

The percentage of unitholdings is calculated based on the total issued units of 1,189,327,094.

Remarks
Prime US REIT Management Pte. Ltd. (the "Manager") has transferred a total of 124,242 Units pursuant to the award of units to Mr Harmeet Singh Bedi for his 2023 performance bonus.

Immediately after the transaction

No. of ordinary voting shares/units held: 10612065 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.89000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings is calculated based on the total issued units of 1,189,327,094.

Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): US$99,870.47 received by DBS Bank.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 105953207 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 8.90000000 (Deemed Interest)

Temasek does not have any direct interest in the Units.

Temasek is filing this notice in respect of a change in the percentage level of its deemed interest in the Units from 9.00% to 8.90%, due to the disposal of 1,089,100 Units by DBS Bank via market transaction.

Temasek's deemed interest arises from the aggregation of the interests of Cuscaden Peak Pte. Ltd. ("Cuscaden"), DBSH and Keppel Corporation Limited ("Keppel").

(A) Temasek's deemed interest through Cuscaden 2.537%
(i) Times Properties Private Limited ("TPPL") owns approximately 2.537% of the Units.
(ii) The Manager owns approximately 0.902% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI").
(v) CPI is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) CPI is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that CPI has an interest in.

In respect of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III"):
(i) Adenium Pte. Ltd. ("APL") has an interest of more than 20% of Cuscaden.
(ii) APL is a subsidiary of CLA Real Estate Holdings Pte. Ltd. ("CLA Real Estate").
(iii) CLA Real Estate is a subsidiary of TJ Holdings III.
(iv) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(v) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(vi) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(vii) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu").
(viii) Tembusu is a subsidiary of Temasek.

In respect of Fullerton Management Pte. Ltd. ("Fullerton"):
(i) Mapletree Fortress Pte Ltd ("MFPL") has an interest of more than 20% of Cuscaden.
(ii) MFPL is a subsidiary of Gemstone Asset Holdings Pte. Ltd. ("GAH").
(iii) GAH is a subsidiary of Mapletree Investments Pte. Ltd. ("MIPL").
(iv) MIPL is a subsidiary of Fullerton.
(v) Fullerton is a subsidiary of Temasek.

(B) Temasek's deemed interest through DBSH 0.213%
(i) DBS Bank has an interest in 0.213% of Units.
(ii) DBS Bank is a subsidiary of DBSH.
(iii) Temasek has an interest of more than 20% of DBSH.

(C) Temasek's deemed interest through Keppel 6.157%
(i) Keppel Capital Investment Holdings Pte. Ltd. ("KCIH") holds 5.255% of Units.
(ii) The Manager holds 0.902% of Units.
(iii) Keppel Capital Two Pte. Ltd. ("KC Two") has a 30% interest in the Manager.
(iv) KC Two is a wholly owned subsidiary of Keppel Capital Management Pte. Ltd. ("KCMPL").
(v) KCIH and KCMPL are wholly owned subsidiaries of Keppel Capital Holdings Pte. Ltd. ("KCHPL").
(vi) KCHPL is a wholly owned subsidiary of Keppel.
(vii) Temasek has a more than 20% interest in Keppel.

Total deemed interest of Temasek 8.90%


(Note: The figure in part A above includes the 0.902% of the Units held by the REIT Manager of which Temasek already had a deemed interest in through Keppel. This 0.902% under part A is disregarded for the purposes of calculating the total deemed interest of Temasek in the Units to avoid double-counting.)

Cuscaden, DBSH and Keppel are independently managed Temasek portfolio companies. Temasek is not involved in their business or operating decisions, including those regarding their positions in Units.

The percentage of interest immediately before and after the change is calculated on the basis of 1,189,327,094 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001% , as the case may be, and any discrepancies in aggregated figures are due to rounding.

Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): US$92,501.50 received by DBS Bank.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 118559607 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 9.98000000 (Deemed Interest)

Temasek does not have any direct interest in the Units.

Temasek is filing this notice in respect of a change in the percentage level of its deemed interest in the Units from 10.04% to 9.98%, due to the disposal of 691,600 Units by DBS Bank via market transaction.

Temasek's deemed interest arises from the aggregation of the interests of Cuscaden Peak Pte. Ltd. ("Cuscaden"), DBSH and Keppel Corporation Limited ("Keppel").

(A) Temasek's deemed interest through Cuscaden 2.542%
(i) Times Properties Private Limited ("TPPL") owns approximately 2.542% of the Units.
(ii) The Manager owns approximately 0.904% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI").
(v) CPI is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) CPI is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that CPI has an interest in.

In respect of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III"):
(i) Adenium Pte. Ltd. ("APL") has an interest of more than 20% of Cuscaden.
(ii) APL is a subsidiary of CLA Real Estate Holdings Pte. Ltd. ("CLA Real Estate").
(iii) CLA Real Estate is a subsidiary of TJ Holdings III.
(iv) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(v) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(vi) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(vii) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu").
(viii) Tembusu is a subsidiary of Temasek.

In respect of Fullerton Management Pte. Ltd. ("Fullerton"):
(i) Mapletree Fortress Pte Ltd ("MFPL") has an interest of more than 20% of Cuscaden.
(ii) MFPL is a subsidiary of Gemstone Asset Holdings Pte. Ltd. ("GAH").
(iii) GAH is a subsidiary of Mapletree Investments Pte. Ltd. ("MIPL").
(iv) MIPL is a subsidiary of Fullerton.
(v) Fullerton is a subsidiary of Temasek.

(B) Temasek's deemed interest through DBSH 1.275%
(i) DBS Bank has an interest in 1.275% of Units.
(ii) DBS Bank is a subsidiary of DBSH.
(iii) Temasek has an interest of more than 20% of DBSH.

(C) Temasek's deemed interest through Keppel 6.169%
(i) Keppel Capital Investment Holdings Pte. Ltd. ("KCIH") holds 5.264% of Units.
(ii) The Manager holds 0.904% of Units.
(iii) Keppel Capital Two Pte. Ltd. ("KC Two") has a 30% interest in the Manager.
(iv) KC Two is a wholly owned subsidiary of Keppel Capital Management Pte. Ltd. ("KCMPL").
(v) KCIH and KCMPL are wholly owned subsidiaries of Keppel Capital Holdings Pte. Ltd. ("KCHPL").
(vi) KCHPL is a wholly owned subsidiary of Keppel.
(vii) Temasek has a more than 20% interest in Keppel.


Total deemed interest of Temasek 9.98%


(Note: The figure in part A above includes the 0.904% of the Units held by the REIT Manager of which Temasek already had a deemed interest in through Keppel. This 0.904% under part A is disregarded for the purposes of calculating the total deemed interest of Temasek in the Units to avoid double-counting.)

Cuscaden, DBSH and Keppel are independently managed Temasek portfolio companies. Temasek is not involved in their business or operating decisions, including those regarding their positions in Units.

The percentage of interest immediately before and after the change is calculated on the basis of 1,187,149,926 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001% , as the case may be, and any discrepancies in aggregated figures are due to rounding.

Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): US$368,508 received by DBS Bank.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 130017307 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.95000000 (Deemed Interest)

Temasek does not have any direct interest in the Units.

Temasek is filing this notice in respect of a change in the percentage level of its deemed interest in the Units from 11.12% to 10.95%, due to the disposal of 2,100,000 Units by DBS Bank via market transaction.

Temasek's deemed interest arises from the aggregation of the interests of Cuscaden Peak Pte. Ltd. ("Cuscaden"), DBSH and Keppel Corporation Limited ("Keppel").

(A) Temasek's deemed interest through Cuscaden 2.542%
(i) Times Properties Private Limited ("TPPL") owns approximately 2.542% of the Units.
(ii) The Manager owns approximately 0.904% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI").
(v) CPI is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) CPI is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that CPI has an interest in.

In respect of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III"):
(i) Adenium Pte. Ltd. ("APL") has an interest of more than 20% of Cuscaden.
(ii) APL is a subsidiary of CLA Real Estate Holdings Pte. Ltd. ("CLA Real Estate").
(iii) CLA Real Estate is a subsidiary of TJ Holdings III.
(iv) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(v) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(vi) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(vii) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu").
(viii) Tembusu is a subsidiary of Temasek.

In respect of Fullerton Management Pte. Ltd. ("Fullerton"):
(i) Mapletree Fortress Pte Ltd ("MFPL") has an interest of more than 20% of Cuscaden.
(ii) MFPL is a subsidiary of Gemstone Asset Holdings Pte. Ltd. ("GAH").
(iii) GAH is a subsidiary of Mapletree Investments Pte. Ltd. ("MIPL").
(iv) MIPL is a subsidiary of Fullerton.
(v) Fullerton is a subsidiary of Temasek.

(B) Temasek's deemed interest through DBSH 2.240%
(i) DBS Bank has an interest in 2.240% of Units.
(ii) DBS Bank is a subsidiary of DBSH.
(iii) Temasek has an interest of more than 20% of DBSH.

(C) Temasek's deemed interest through Keppel 6.169%
(i) Keppel Capital Investment Holdings Pte. Ltd. ("KCIH") holds 5.264% of Units.
(ii) The Manager holds 0.904% of Units.
(iii) Keppel Capital Two Pte. Ltd. ("KC Two") has a 30% interest in the Manager.
(iv) KC Two is a wholly owned subsidiary of Keppel Capital Management Pte. Ltd. ("KCMPL").
(v) KCIH and KCMPL are wholly owned subsidiaries of Keppel Capital Holdings Pte. Ltd. ("KCHPL").
(vi) KCHPL is a wholly owned subsidiary of Keppel.
(vii) Temasek has a more than 20% interest in Keppel.


Total deemed interest of Temasek 10.95%


(Note: The figure in part A above includes the 0.904% of the Units held by the REIT Manager of which Temasek already had a deemed interest in through Keppel. This 0.904% under part A is disregarded for the purposes of calculating the total deemed interest of Temasek in the Units to avoid double-counting.)

Cuscaden, DBSH and Keppel are independently managed Temasek portfolio companies. Temasek is not involved in their business or operating decisions, including those regarding their positions in Units.

The percentage of interest immediately before and after the change is calculated on the basis of 1,187,149,926 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001% , as the case may be, and any discrepancies in aggregated figures are due to rounding.

Remarks
Payment of management fee by way of issue of 3,217,403 new Units to Prime US REIT Management Pte. Ltd. (the Manager of Prime US REIT), as announced by the Listed Issuer on 24 May 2023.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 73236307 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 6.16900000 (Deemed Interest)

Keppel Capital Holdings Pte. Ltd.'s deemed interest arises from its shareholdings in (i) Keppel Capital Investment Holdings Pte. Ltd., a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd. ("KCH") and (ii) Keppel Capital Two Pte. Ltd. ("KC2") which holds 30% of the voting shares in Prime US REIT Management Pte. Ltd. (the Manager of Prime US REIT) and is an indirect wholly-owned subsidiary of KCH, held through Keppel Capital Management Pte. Ltd. ("KCM").

KCH is a wholly-owned subsidiary of Keppel Corporation Limited.

The percentage level of 5.914 is calculated based on 1,183,932,523 issued Units as at 13 April 2023.
The percentage level of 6.169 is calculated based on 1,187,149,926 issued Units as at 24 May 2023.

Remarks
Payment of management fee by way of issue of 3,217,403 new Units to Prime US REIT Management Pte. Ltd. (the Manager of Prime US REIT), as announced by the Listed Issuer on 24 May 2023.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 73236307 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 6.16900000 (Deemed Interest)

Keppel Corporation Limited's ("KCL") deemed interest arises from its shareholdings in (i) Keppel Capital Investment Holdings Pte. Ltd., an indirect wholly-owned subsidiary of KCL held through KCH and (ii) KC2, which holds 30% of the voting shares in Prime US REIT Management Pte. Ltd. (the Manager of Prime US REIT) and is an indirect wholly-owned subsidiary of KCL held through KCM and KCH.

KCH is a wholly-owned subsidiary of KCL.

The percentage level of 5.914 is calculated based on 1,183,932,523 issued Units as at 13 April 2023.
The percentage level of 6.169 is calculated based on 1,187,149,926 issued Units as at 24 May 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: 10736307 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.90400000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings before the change is calculated based on the total issued units of 1,183,932,523. The percentage of unitholdings after the change is calculated based on the total issued units of 1,187,149,926.

Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): US$280,500 received by DBS Bank.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 141099904 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 11.91000000 (Deemed Interest)

Temasek does not have any direct interest in the Units.

Temasek is filing this notice in respect of a change in the percentage level of its deemed interest in the Units from 12.01% to 11.91%, due to the disposal of 1,100,000 Units by DBS Bank via market transaction.

Temasek's deemed interest arises from the aggregation of the interests of Cuscaden Peak Pte. Ltd. ("Cuscaden"), DBSH and Keppel Corporation Limited ("Keppel").

(A) Temasek's deemed interest through Cuscaden 2.549%
(i) Times Properties Private Limited ("TPPL") owns approximately 2.549% of the Units.
(ii) The Manager owns approximately 0.635% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of Cuscaden Peak Investments Private Limited ("CPI").
(v) CPI is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) CPI is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that CPI has an interest in.

In respect of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III"):
(i) Adenium Pte. Ltd. ("APL") has an interest of more than 20% of Cuscaden.
(ii) APL is a subsidiary of CLA Real Estate Holdings Pte. Ltd. ("CLA Real Estate").
(iii) CLA Real Estate is a subsidiary of TJ Holdings III.
(iv) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(v) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(vi) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(vii) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu").
(viii) Tembusu is a subsidiary of Temasek.

In respect of Fullerton Management Pte. Ltd. ("Fullerton"):
(i) Mapletree Fortress Pte Ltd ("MFPL") has an interest of more than 20% of Cuscaden.
(ii) MFPL is a subsidiary of Gemstone Asset Holdings Pte. Ltd. ("GAH").
(iii) GAH is a subsidiary of Mapletree Investments Pte. Ltd. ("MIPL").
(iv) MIPL is a subsidiary of Fullerton.
(v) Fullerton is a subsidiary of Temasek.

(B) Temasek's deemed interest through DBSH 3.454%
(i) DBS Bank has an interest in 3.454% of Units.
(ii) DBS Bank is a subsidiary of DBSH.
(iii) Temasek has an interest of more than 20% of DBSH.

(C) Temasek's deemed interest through Keppel 5.914%
(i) Keppel Capital Investment Holdings Pte. Ltd. ("KCIH") holds 5.279% of Units.
(ii) The Manager holds 0.635% of Units.
(iii) Keppel Capital Two Pte. Ltd. ("KC Two") has a 30% interest in the Manager.
(iv) KC Two is a wholly owned subsidiary of Keppel Capital Management Pte. Ltd. ("KCMPL").
(v) KCIH and KCMPL are wholly owned subsidiaries of Keppel Capital Holdings Pte. Ltd. ("KCHPL").
(vi) KCHPL is a wholly owned subsidiary of Keppel.
(vii) Temasek has a more than 20% interest in Keppel.


Total deemed interest of Temasek 11.91%


(Note: The figure in part A above includes the 0.635% of the Units held by the REIT Manager of which Temasek already had a deemed interest in through Keppel. This 0.635% under part A is disregarded for the purposes of calculating the total deemed interest of Temasek in the Units to avoid double-counting.)

Cuscaden, DBSH and Keppel are independently managed Temasek portfolio companies. Temasek is not involved in their business or operating decisions, including those regarding their positions in Units.

The percentage of interest immediately before and after the change is calculated on the basis of 1,183,932,523 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001% , as the case may be, and any discrepancies in aggregated figures are due to rounding.

Remarks
Vesting of share awards

Immediately after the transaction

No. of ordinary voting shares/units held: 789693 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.07000000 (Direct Interest); 0.00000000 (Deemed Interest)

Vesting of 34,483 Units in Prime US REIT pursuant to the award of units to Mr Bedi for his 2022 performance bonus by way of transfer of Units owned by Prime US REIT Management Pte. Ltd. (the "Manager").

The percentage of unitholdings is calculated based on the total issued units of 1,183,932,523.

Remarks
Prime US REIT Management Pte. Ltd. (the "Manager") has transferred a total of 34,483 Units pursuant to the award of units to Mr Harmeet Singh Bedi for his 2022 performance bonus.

Immediately after the transaction

No. of ordinary voting shares/units held: 7518904 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.64000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings is calculated based on the total issued units of 1,183,932,523.

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: 7553387 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.64000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings before the change is calculated based on the total issued units of 1,180,175,723. The percentage of unitholdings after the change is calculated based on the total issued units of 1,183,035,014.

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

Immediately after the transaction

No. of ordinary voting shares/units held: 4694096 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.40000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings before and after the change is calculated based on the total issued units of 1,180,175,723 Units.

Remarks
KBS US Prime Property Management Pte. Ltd., as manager of Prime US REIT ("Manager"), has on 24 August 2022 issued 2,481,373 new units in Prime US REIT to the Manager as payment of 80% of the Manager's base fee for the period 1 April 2022 to 30 June 2022, which has resulted in an increase in the total outstanding units. Please refer to the Manager's announcement dated 24 August 2022 for more information. Immediately after the transaction

No. of ordinary voting shares/units held: 58823000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 4.99300000 (Direct Interest); 0.00000000 (Deemed Interest)

AT Investments Limited is a wholly-owned subsidiary of Auctus Investments Limited, which is in turn wholly-owned by the Sai Charan Trust, whose beneficiaries are Mr Arvind Tiku and his immediate family members. The percentage of interest immediately before the change is calculated on the basis of 1,175,718,368 Units. The percentage of interest immediately after the change is calculated on the basis of 1,178,199,741 outstanding units immediately after the issuance of 2,481,373 new units in Prime US REIT on 24 August 2022. In this Notice, figures are rounded to the nearest 0.001%.

Remarks
KBS US Prime Property Management Pte. Ltd., as manager of Prime US REIT ("Manager"), has on 24 August 2022 issued 2,481,373 new units in Prime US REIT to the Manager as payment of 80% of the Manager's base fee for the period 1 April 2022 to 30 June 2022, which has resulted in an increase in the total outstanding units. Please refer to the Manager's announcement dated 24 August 2022 for more information. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 58823000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 4.99300000 (Deemed Interest)

AT Investments Limited is a wholly-owned subsidiary of Auctus Investments Limited. Accordingly, Auctus Investments Limited is deemed to be interested in the units in Prime US REIT held by AT Investments Limited. Please refer to Item 9 of Substantial Unitholder A's notification. The percentage of interest immediately before the change is calculated on the basis of 1,175,718,368 Units. The percentage of interest immediately after the change is calculated on the basis of 1,178,199,741 outstanding units immediately after the issuance of 2,481,373 new units in Prime US REIT on 24 August 2022. In this Notice, figures are rounded to the nearest 0.001%.

Remarks
KBS US Prime Property Management Pte. Ltd., as manager of Prime US REIT ("Manager"), has on 24 August 2022 issued 2,481,373 new units in Prime US REIT to the Manager as payment of 80% of the Manager's base fee for the period 1 April 2022 to 30 June 2022, which has resulted in an increase in the total outstanding units. Please refer to the Manager's announcement dated 24 August 2022 for more information. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 58823000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 4.99300000 (Deemed Interest)

Auctus Investments Limited is wholly-owned by the Sai Charan Trust (the "Trust"). Mr Arvind Tiku is the settlor of the Trust as well as a beneficiary under the Trust. The other named beneficiaries of the Trust are Mr Tiku's spouse and their two children, all of whom do not have a determined entitlement to any part of the Trust and are not aware of the investments which are undertaken by the Trust. By virtue of Section 4(3) of the Securities and Futures Act (Cap. 289), Mr Tiku, being a beneficiary of the Trust, is deemed to have an interest in the units in Prime US REIT deemed held by Auctus Investments Limited. Please refer to Item 9 of Substantial Unitholder A's notification. The percentage of interest immediately before the change is calculated on the basis of 1,175,718,368 Units. The percentage of interest immediately after the change is calculated on the basis of 1,178,199,741 outstanding units immediately after the issuance of 2,481,373 new units in Prime US REIT on 24 August 2022. In this Notice, figures are rounded to the nearest 0.001%.

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: 6694096 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.57000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings after the change is calculated based on 1,178,199,741 Units.

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

Immediately after the transaction

No. of ordinary voting shares/units held: 4212723 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.36000000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage of unitholdings after the change is calculated based on 1,175,718,368 Units.

Remarks
Disposal 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): US$28,880,000

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 37393723 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.18000000 (Deemed Interest)

Immediately prior to the Transaction, HPL is deemed interested in 6.41% of the Units through Cuscaden.

Immediately following completion of the Transaction, HPL's deemed interest in the Units arises as follows:
(i) TPPL owns approximately 2.57% of the Units.
(ii) The Manager owns approximately 0.61% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of SPH.
(v) SPH is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) SPH is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.
(viii) TSPL has an interest of more than 20% in Cuscaden.
(ix) HPL is the majority shareholder of TSPL.
(x) HPL is deemed to have an interest in the Units that Cuscaden has an interest in.

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WII which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings above are computed based on 1,175,718,368 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Disposal 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): US$28,880,000

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 37393723 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.18000000 (Deemed Interest)

On 8 June 2022, Times Properties Private Limited ("TPPL") entered into a sale and purchase agreement ("SPA") with a third party purchaser ("Purchaser"), pursuant to which the Purchaser agreed to purchase from TPPL 38,000,000 units in Prime US REIT (the "Sale Units"), representing approximately 3.23% of the total issued units in Prime US REIT (the "Units"), for a consideration of US$28,880,000, subject to such adjustments and payment terms in accordance with the terms and conditions of the SPA (the "Transaction"). The transfer of the Sale Units to the Purchaser was effected on 8 June 2022.

Immediately prior to the Transaction, Hotel Properties Limited ("HPL") is deemed interested in 6.41% of the Units through Cuscaden Peak Pte. Ltd. ("Cuscaden").

Immediately following completion of the Transaction, HPL's deemed interest in the Units arises as follows:
(i) TPPL owns approximately 2.57% of the Units.
(ii) The Manager owns approximately 0.61% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of Singapore Press Holdings Limited ("SPH").
(v) SPH is deemed to have an interest in the Units in which TPPL and the Manager have an interest in
(vi) SPH is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.
(viii) Tiga Stars Pte. Ltd. ("TSPL") has an interest of more than 20% in Cuscaden.
(ix) HPL is the majority shareholder of TSPL.
(x) HPL is deemed to have an interest in the Units that Cuscaden has an interest in.

Nassim Developments Pte. Ltd. ("Nassim") has an interest of 22.5% in HPL. Nassim is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the Securities and Futures Act 2001 ("SFA").

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings above are computed based on 1,175,718,368 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Disposal 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): US$28,880,000

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 37393723 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.18000000 (Deemed Interest)

Immediately prior to the Transaction, HPL is deemed interested in 6.41% of the Units through Cuscaden.

Immediately following completion of the Transaction, HPL's deemed interest in the Units arises as follows:
(i) TPPL owns approximately 2.57% of the Units.
(ii) The Manager owns approximately 0.61% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of SPH.
(v) SPH is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) SPH is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.
(viii) TSPL has an interest of more than 20% in Cuscaden.
(ix) HPL is the majority shareholder of TSPL.
(x) HPL is deemed to have an interest in the Units that Cuscaden has an interest in.

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. ("WII"). WII is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings above are computed based on 1,175,718,368 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Disposal 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): US$28,880,000

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 37393723 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.18000000 (Deemed Interest)

Immediately prior to the Transaction, HPL is deemed interested in 6.41% of the Units through Cuscaden.

Immediately following completion of the Transaction, HPL's deemed interest in the Units arises as follows:
(i) TPPL owns approximately 2.57% of the Units.
(ii) The Manager owns approximately 0.61% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of SPH.
(v) SPH is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) SPH is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.
(viii) TSPL has an interest of more than 20% in Cuscaden.
(ix) HPL is the majority shareholder of TSPL.
(x) HPL is deemed to have an interest in the Units that Cuscaden has an interest in.

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WII. WII is a wholly-owned subsidiary of CFL which in turn is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings above are computed based on 1,175,718,368 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Disposal 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): US$28,880,000

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 37393723 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.18000000 (Deemed Interest)

Immediately prior to the Transaction, HPL is deemed interested in 6.41% of the Units through Cuscaden.

Immediately following completion of the Transaction, HPL's deemed interest in the Units arises as follows:
(i) TPPL owns approximately 2.57% of the Units.
(ii) The Manager owns approximately 0.61% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of SPH.
(v) SPH is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) SPH is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.
(viii) TSPL has an interest of more than 20% in Cuscaden.
(ix) HPL is the majority shareholder of TSPL.
(x) HPL is deemed to have an interest in the Units that Cuscaden has an interest in.

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WII. WII is a wholly-owned subsidiary of CFL which in turn is a wholly-owned subsidiary of WIL. WIL is a wholly-owned subsidiary of Wheelock and Company Limited ("WCL"). WCL is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings above are computed based on 1,175,718,368 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.

Remarks
Disposal 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): US$28,880,000

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 37393723 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.18000000 (Deemed Interest)

Bartley Investments Pte. Ltd. ("Bartley") does not have any direct interest in the Units.

Bartley is filing this notice in respect of it ceasing to be a substantial unitholder of Prime US REIT, as a result of the Transaction.

Immediately prior to the Transaction, Bartley was deemed to have an interest in approximately 6.412% of the Units through Cuscaden.

Immediately following completion of the Transaction, Bartley's deemed interest in the Units arises as follows:
(i) TPPL owns approximately 2.567% of the Units.
(ii) The Manager owns approximately 0.613% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of SPHL.
(v) SPHL is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) SPHL is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that SPHL has an interest in.
(viii) APL has an interest of more than 20% of Cuscaden.
(ix) APL is a subsidiary of CLA.
(x) CLA is a subsidiary of TJ(III).
(xi) TJ(III) is a subsidiary of Glenville.
(xii) Glenville is a subsidiary of Mawson.
(xiii) Mawson is a subsidiary of Bartley.

Total deemed interest of Bartley 3.180%

(i) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd.
(ii) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd.
(iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd.
(iv) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd.
(v) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage unitholdings above are computed based on 1,175,718,368 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001% as the case may be. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.

Remarks
Disposal 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): US$28,880,000

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 37393723 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.18000000 (Deemed Interest)

Fullerton Management Pte. Ltd. ("Fullerton") does not have any direct interest in the Units.

Fullerton is filing this notice in respect of it ceasing to be a substantial unitholder of Prime US REIT, as a result of the Transaction.

Immediately prior to the Transaction, Fullerton was deemed to have an interest in approximately 6.412% of the Units through Cuscaden.

Immediately following completion of the Transaction, Fullerton's deemed interest in the Units arises as follows:
(i) TPPL owns approximately 2.567% of the Units.
(ii) The Manager owns approximately 0.613% of the Units.
(iii) TPPL has an interest of 20% in the Manager.
(iv) TPPL is a subsidiary of SPHL.
(v) SPHL is deemed to have an interest in the Units in which TPPL and the Manager have an interest in.
(vi) SPHL is a subsidiary of Cuscaden.
(vii) Cuscaden is deemed to have an interest in the Units that SPHL has an interest in.
(viii) Mapletree Fortress Pte Ltd ("MFPL") has an interest of more than 20% of Cuscaden.
(ix) MFPL is a subsidiary of Gemstone Asset Holdings Pte. Ltd. ("GAH").
(x) GAH is a subsidiary of Mapletree Investments Pte. Ltd. ("MIPL").
(xi) MIPL is a subsidiary of Fullerton.

Total deemed interest of Fullerton 3.180%

Fullerton Management Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage unitholdings above are computed based on 1,175,718,368 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001% as the case may be. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.