As the year draws to a close, we would like to express our heartfelt appreciation to each one of you for your continued trust, partnership, and support throughout 2025. May the year ahead bring joy, good health, and continued success. From all of us at OUE REIT — Merry Christmas and a Happy New Year! $华联房地产投资信托(TS0U.SI)$

As the year draws to a close, Mandarin Gallery is saving the best for last with its festive finale activation of the year — The Holiday Caravan. Reinforcing our commitment to reimagining retail spaces through fresh, experiential concepts, this curated showcase brings together creativity and pop culture, just in time for Christmas. Looking for unique gifts for friends and family (or a little treat for yourself)? Explore three themed pop-up stores under one roof: 🚐 Fantagio – Missing Cha Eun-woo while you are counting down to his military discharge? Still melting over Kim Seon-ho’s wink and smile in “When Life Gives You Tangerines”? Swooning over Lee Sung-kyung as Dr Cha Eun-jae in “Dr. Romantic”? This pop-up is made for you. Discover official merch from Korean icons like Cha Eun-Woo, Kim Se

It’s a wrap! As one of the few Singapore-centric REITs, we were thrilled to have the opportunity to showcase our two hotels Hilton Singapore Orchard (HSO), Crowne Plaza Changi Airport (CPCA), as well as Mandarin Gallery to more than 22 remisiers and 60 retail investors as part of the “REITs on the Move” sessions initiated by Securities Investors​ Association (Singapore), REITAS (REIT Association of Singapore) and SGX Group this year. Investor sentiment towards the hospitality sector has been cautious this year, but the onsite visits provided retail investors with first-hand insights into the strength and strategic positioning of our hospitality assets. ✨ 𝐔𝐧𝐫𝐢𝐯𝐚𝐥𝐥𝐞𝐝 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐓𝐡𝐚𝐭 𝐃𝐫𝐢𝐯𝐞 𝐃𝐞𝐦𝐚𝐧𝐝 Hilton Singapore Orchard sits at the heart of Orchard Road and attracts a steady mix of business,

OUE REIT is pleased to announce that revenue and net property income (“NPI”) for 3Q 2025 increased by 1.2% and 2.0% YoY respectively on a like-for-like basis, underpinned by the resilient performance of the Singapore-centric portfolio. [你懂的] 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞-𝐟𝐨𝐜𝐮𝐬𝐞𝐝 𝐚𝐧𝐝 𝐰𝐞𝐥𝐥-𝐛𝐚𝐥𝐚𝐧𝐜𝐞𝐝 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐝𝐞𝐥𝐢𝐯𝐞𝐫𝐬 𝐬𝐭𝐚𝐛𝐥𝐞 𝐫𝐞𝐭𝐮𝐫𝐧𝐬: Singapore office portfolio continues to record a positive rental reversion of 9.3% in 3Q 2025. Hospitality segment performance remained stable. NPI marginally declined by 0.4% YoY with the shift of the F1 Singapore Grand Prix from September to October in 2025. Mandarin Gallery’s committed occupancy remained high at 97.4% and achieved a positive rental reversion of 5.6% in 3Q 2025. [你懂的] 𝐏𝐫𝐨𝐚𝐜𝐭𝐢𝐯𝐞 𝐛𝐚𝐥𝐚𝐧𝐜𝐞 𝐬𝐡𝐞𝐞𝐭 𝐨𝐩𝐭𝐢𝐦𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲 𝐝𝐞𝐜𝐥𝐢𝐧𝐢𝐧𝐠 𝐒𝐎𝐑𝐀: Achieved a 19.7% YoY reduction

#ICYMI# OUE REIT’s wholly-owned subsidiary, OUE REIT Treasury Pte. Ltd. has successfully issued its second 7-year investment grade green notes (the “Notes”) of S$150 million at a 2.75% fixed rate due 2032 on 8 October 2025. The Notes have been rated “BBB-” by S&P Global Ratings. Key Highlights: Achieved peak orderbook of S$412.8 million at initial price guidance of 3.05% Final pricing tightened to 2.75%, a 30 bps reduction from the initial price guidance, and 115 bps compression from the previous 7-year investment grade green notes issued in September 2024 80% allocated to institutional investors Average term of debt lengthened to 3.6 years from 2.7 years as of 30 June 2025 on a pro forma basis following Notes issuance and OUE Bayfront refinancing completed in August 2025 Weighted aver

As Singapore gears up for the Formula 1 Singapore Grand Prix, OUE REIT is leveraging the city’s marquee event to elevate guest experiences across our hotels and retail assets — translating global buzz into stronger footfall, higher spending, and enhanced portfolio performance. 𝐇𝐢𝐥𝐭𝐨𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐎𝐫𝐜𝐡𝐚𝐫𝐝 𝐱 𝐌𝐜𝐋𝐚𝐫𝐞𝐧 𝐅1 𝐓𝐞𝐚𝐦 🏁 As the official hotel partner of the McLaren F1 Team, Hilton Singapore Orchard is decked out in McLaren-themed décor, allowing guests to fully soak in the race-week atmosphere while elevating their stay experience. 𝐌𝐚𝐧𝐝𝐚𝐫𝐢𝐧 𝐆𝐚𝐥𝐥𝐞𝐫𝐲 — 𝐅1 𝐏𝐨𝐩-𝐔𝐩 𝐑𝐞𝐭𝐚𝐢𝐥 🏁 Still wondering what to wear to the race? Get race-ready at the F1 merchandise pop-up outside Mandarin Gallery, running till 8 October. 𝐂𝐫𝐨𝐰𝐧𝐞 𝐏𝐥𝐚𝐳𝐚 𝐂𝐡𝐚𝐧𝐠𝐢 𝐀𝐢𝐫𝐩𝐨𝐫𝐭 — 𝐅&𝐁 𝐑𝐚𝐜𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐞𝐬 🏁 Catch the action in comfort at All

📉 Lower rates, stronger returns. At OUE REIT, we have benefited—and will continue to benefit—from a lower interest rate environment. Here’s how easing rates are driving our DPU growth: $华联房地产投资信托(TS0U.SI)$

𝐅𝐫𝐨𝐦 𝐋𝐚𝐛𝐮𝐛𝐮 𝐭𝐨 𝐑𝐨𝐬é 𝐭𝐨 𝐄𝐝 𝐒𝐡𝐞𝐞𝐫𝐚𝐧 — 𝐌𝐚𝐧𝐝𝐚𝐫𝐢𝐧 𝐆𝐚𝐥𝐥𝐞𝐫𝐲 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐭𝐨 𝐛𝐫𝐢𝐧𝐠 𝐞𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 𝐭𝐨 𝐎𝐫𝐜𝐡𝐚𝐫𝐝 𝐑𝐨𝐚𝐝. At OUE REIT, we know that 𝐮𝐧𝐢𝐪𝐮𝐞, 𝐰𝐨𝐫𝐥𝐝-𝐜𝐥𝐚𝐬𝐬 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬 are key to driving footfall and supporting our tenants’ success. In July, we brought 𝐋𝐚𝐛𝐮𝐛𝐮 to Mandarin Gallery. In August, 𝐑𝐨𝐬é 𝐟𝐫𝐨𝐦 𝐁𝐋𝐀𝐂𝐊𝐏𝐈𝐍𝐊. And we’re not stopping there.Building on the success of our earlier pop-ups, we’re excited to unveil the next big experience this September— Ed Sheeran’s Play at Mandarin Gallery! We’re especially excited to celebrate his brand-new album Play with an exclusive 𝐒𝐡𝐞𝐞𝐫𝐢𝐨𝐬 𝐩𝐫𝐞𝐯𝐢𝐞𝐰 𝐨𝐧 11 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 — one day ahead of the global launch. Missed the preview? Don’t worry — you can still explore the interactive photo spots and shop 𝐥𝐢𝐦𝐢𝐭𝐞𝐝-𝐞𝐝𝐢𝐭𝐢𝐨𝐧 𝐄𝐝 𝐒𝐡𝐞𝐞𝐫𝐚𝐧 𝐦𝐞𝐫𝐜𝐡𝐚𝐧𝐝𝐢𝐬𝐞, available only at the

OUE REIT had the pleasure of hosting a site visit for more than 15 trading representatives at Hilton Singapore Orchard and Mandarin Gallery in August. During the session, we shared our insights on how OUE REIT has benefited from its 100% Singapore-focused portfolio and the significant decline in interest rates. Hear what trading representatives think about OUE REIT [胜利] Law Chei Guan: With ~S$5.8 billion AUM and properties strategically located in Singapore’s key business and tourism districts, OUE REIT combines stable income resilience from commercial assets with upside potential from hospitality. It was a valuable learning experience seeing firsthand how OUE REIT balances near-term profitability with long-term growth opportunities. Eric Oh: OUE REIT: The Barbell Strategist: Office and Ho