Change - Announcement of Cessation::Retirement of Interim Chairman and Non-Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
MANULIFE US REAL ESTATE MANAGEMENT PTE. LTD.
Securities
MANULIFE US REIT - SG1CI1000004 - BTOU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Oct-2023 07:05:33
Status
New
Announcement Sub Title
Retirement of Interim Chairman and Non-Independent Non-Executive Director
Announcement Reference
SG231026OTHR7A98
Submitted By (Co./ Ind. Name)
William D. Gantt III
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Stephen James Blewitt as Interim Chairman and Non-Independent Non-Executive Director of Manulife US Real Estate Management Pte. Ltd. (MUSREM), the manager of Manulife US REIT (MUST)

Additional Details

Name Of Person
Stephen James Blewitt
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
26/10/2023
Detailed Reason (s) for cessation
Having served the board for more than four years, Mr Stephen James Blewitt is retiring as Interim Chairman, Non-Independent Non-Executive Director and Nominating and Remuneration Committee member of MUSREM as part of board renewal and succession planning.

Mr Marc Lawrence Feliciano, Non-Independent Non-Executive Director, will replace Mr Blewitt as the Chairman and Nominating and Remuneration Committee member.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
08/02/2019
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Interim Chairman and Non-Independent Non-Executive Director
Member of the Nominating and Remuneration Committee
Role and responsibilities
Interim Chairman and Non-Independent Non-Executive Director and member of the Nominating and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
Please refer to Appendix A
Present
Nil

Attachments

Appendix A.pdf
Total size =98K