Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
OUE REIT MANAGEMENT PTE. LTD.
Securities
OUE REIT - SG2G60000004 - TS0U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Oct-2026 18:35:42
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG261030OTHR93MT
Submitted By (Co./ Ind. Name)
Kelvin Chua
Designation
Company Secretary, OUE REIT Management Pte. Ltd. (as Manager of OUE REIT)
Description (Please provide a detailed description of the event in the box below)
Appointment of Ms Cheah Sui Ling as Independent Director of OUE REIT Management Pte. Ltd. (the "Manager").

Additional Details

Date of appointment
01/11/2026
Name of person
Cheah Sui Ling
Age
55
Country of principal residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Nominating and Remuneration Committee of the Manager has reviewed the qualifications and experience of Ms Cheah Sui Ling and has recommended her appointment as Independent Director.

The Board of Directors of the Manager, having reviewed and considered Ms Cheah Sui Ling's qualifications and experience, has approved her appointment as Independent Director.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, member of the ARC and member of the NRC
Professional qualifications
Executive Master of Business Administration, Belt & Road Initiative Programme, Tsinghua University, China

Bachelor of Arts in Economics and French, Magna Cum Laude, Wellesley College, United States of America
Working experience and occupation(s) during the past 10 years
October 2016 to August 2026:
Operating Partner / Venture Partner, Wavemaker Partners

July 2013 to July 2016:
Career Sabbatical

November 2009 to June 2013:
Managing Director and Co-Head, Corporate Finance (Southeast Asia), BNP Paribas Singapore

July 2004 to October 2009:
Executive Director, Investment Banking, JP Morgan Singapore
Shareholding interest in the listed issuer and its subsidiaries
No
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Conflict of interest (including any competing business)
Ms Cheah is a non-executive director and minority shareholder of Hisential Pte. Ltd. which is the holding company of Essential One Clinic Pte. Ltd. ("Hisential"), a tenant of Mandarin Gallery which is owned by OUE REIT.

Ms Cheah will recuse from any decision-making process of the Manager on any matter in which she has an interest including any negotiation of leases with Hisential and any other dealings between OUE REIT and Hisential.
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
1. EcoSpirits Pte. Ltd.
2. M&C REIT Management Limited
3. M&C Business Trust Management Limited
4. Parkway Trust Management Limited
Present
1. Executive Centre India Limited
2. Hisential Pte. Ltd.
3. Lake Waban Advisory Pte. Ltd.
4. New Insight Retreats Pte. Ltd.
5. Pathology Asia Holdings Pte. Ltd.
6. TeleChoice International Limited
7. Vertex Venture Holdings Ltd
8. Marubeni Growth Capital Fund (Investment Committee Member)
9. Corecam Capital Partners (Investment Committee Member)
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
Yes
If yes, please provide full details.
Ms Cheah was previously an Operating Partner at Wavemaker Partners, an early stage venture capital fund. Wavemaker Partners was an investor in Smove Systems Pte. Ltd. ("Smove"), a car-sharing startup business. As part of her responsibilities as an Operating Partner, she served as Wavemaker Partners' representative on the board of directors of Smove.

She did not hold an executive or day-to-day management role at Smove, and the company's business and operations were primarily managed by its founders and management team. She ceased to be a director of Smove on 21 January 2020. Subsequently, Smove was adversely affected by the significant disruption arising from the COVID-19 pandemic and entered into liquidation in May 2020.
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of:-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere,
in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If yes, please provide details of prior experience.
Ms Cheah is currently an Independent Director of TeleChoice International Limited, a company listed on the Mainboard of the SGX-ST.

She was previously an Independent Director of Parkway Trust Management Limited (manager of Parkway Life REIT) from 24 April 2017 to 27 February 2026 and an Independent Director of M&C REIT Management Limited (manager of CDL Hospitality REIT) and M&C Business Trust Management Limited (trustee-manager of CDL Hospitality Business Trust) from 18 August 2017 to 17 August 2026.