Cromwell EREIT Management Pte. Ltd., in its capacity as manager of Cromwell European Real Estate Investment Trust announce the appointment of Mr. Jonathan Callaghan as Non-Independent Non-Executive Director with effect from 19 June 2023. Mr. Callaghan will also be appointed as a member of the Board's Nominating and Remuneration Committee and the Sustainability Committee.

Following the appointment, the CEREIT Board of Directors will comprise a total of six directors, of which half are independent including the Chair of the Board, Mr. Lim Swe Guan. As Chair of the Board, Mr. Lim has a second or casting vote in the event of an equality of votes in any meetings of the Directors. Consequent to the appointment, the composition of the Company's Board Committees with effect from 19 June 2023 will be as follows: Lim Swe Guan to be member of Audit and Risk Committee, Nominating and Remuneration Committee and of Sustainability Committee.

Fang Ai Lian Chair of Audit and Risk Committee, member of Nominating and Remuneration Committee and of Sustainability Committee. Christian Delaire member of Audit and Risk Committee, Chair of Nominating and Remuneration Committee and of Sustainability Committee. Ooi Eng Peng Chair of Sustainability Committee.

Jonathan Callaghan member of Nominating and Remuneration Committee and of Sustainability Committee. Simon Garing member of Sustainability Committee.