HEKTAR REAL ESTATE INVESTMENT TRUST ("HEKTAR REIT") PROPOSED PRIVATE PLACEMENT OF UP TO 23,098,000 NEW UNITS IN HEKTAR REIT, REPRESENTING UP TO 5% OF ITS TOTAL ISSUED UNITS ("PROPOSED PRIVATE PLACEMENT")

We refer to the announcement dated 15 November 2021 in relation to the Proposed Private Placement ("Announcement"). Unless stated otherwise, definitions used in this announcement shall carry the same meanings as defined in the Announcement.

On behalf of the Board of Directors of Hektar Asset Management Sdn Bhd, being the management company of Hektar REIT, KAF Investment Bank Berhad wishes to announce that additional listing application in relation to the Proposed Private Placement has been submitted to Bursa Securities on 23 November 2021.