Lippo Malls Indonesia Retail Trust ("LMIR Trust") as borrower, currently has in place a term loan facility of up to SGD 135,000,000 which was granted pursuant to a facility agreement dated 9 November 2018 ("Term Loan Facility Agreement"). The current outstanding principal amount under the Term Loan Facility Agreement is SGD 67,500,000, maturing on 9 November 2023. In addition to the Term Loan Facility Agreement, LMIR Trust also has in place a loan facility of up to SGD 67,500,000 loan facility granted pursuant to a facility agreement dated 21 October 2022 ("Bridge Loan Facility Agreement").

The current outstanding principal amount under the Bridge Loan Facility Agreement is SGD 67,500,000, maturing on 9 November 2023. Meanwhile LMIRT Capital Pte. Ltd. (a wholly-owned subsidiary of LMIR Trust) as borrower, currently has in place term loan facilities of up to SGD 120,000,000 which were granted pursuant to a facility agreement dated 6 January 2021, as amended and restated by an Amendment and Restatement Agreement dated 21 October 2022 ("Puri Loan Facility Agreement").

The current outstanding principal amount under the Puri Loan Facility Agreement is SGD 110,000,000, of which an amount of SGD 82,500,000 is maturing on 6 January 2024 and the remaining SGD 27,500,000 is maturing on 6 January 2026. LMIRT Management Ltd. (the "Manager"), as manager of LMIR Trust, wishes to announce that amendment and restatement agreements dated 16 October 2023 have been entered into in respect of the Term Loan Facility Agreement (the Term Loan Facility Agreement as amended and restated, the "ARA Term Loan Facility Agreement"), the Bridge Loan Facility Agreement (the Bridge Loan Facility Agreement as amended and restated, the "ARA Bridge Loan Facility Agreement"), the Puri Loan Facility Agreement (the Puri Loan Facility Agreement as amended and restated, the "ARA Puri Loan Facility Agreement" and together with the ARA Term Loan Facility Agreement and the ARA Bridge Loan Facility Agreement, the "ARA Facility Agreements"). The amendments will be effective by 9 November 2023 if the conditions precedent (including an upfront prepayment of an aggregate amount of SGD 47,000,000 under the Term Loan Facility Agreement, the Bridge Loan Facility Agreement and the Puri Loan Facility Agreement) are fulfilled ("Effective Date") and each of the facilities under the ARA Facility Agreements will be extended by three years from Effective Date.

Certain properties were provided as collateral to the Lenders under the ARA Facility Agreements.