Manulife US Real Estate Investment Trust announced the appointment of Mr. Marc Lawrence Feliciano to the position of Chairman of the Board of Directors, assuming the role from Mr. Stephen James Blewitt, Interim Chairman, effective October 26, 2023. Mr. Feliciano, who is Global Head of Real Estate, Private Markets at Manulife Investment Management, is currently a Non-Executive Director of the Board. Mr. Feliciano will also assume Mr. Blewitt's role as a member of the Nominating and Remuneration Committee, and Mr. Blewitt will retire from the Board with these changes.

Marc joined Manulife Investment Management in 2022 as Global Head of Real Estate, Private Markets. He oversees all aspects of the real estate business globally, including portfolio management, investments, asset management, and the integration of sustainability into both investments and operations. He is also responsible for developing and implementing Manulife Investment Management's global real estate investment strategy and increasing its capabilities on behalf of clients, including Manulife's General Account.

Prior to joining Manulife, Mr. Feliciano was the Chief Investment Officer ("CIO") of Real Estate, Americas, and the Head of Portfolio and Asset Management for the RREEF Real Estate Americas business. He was also Head of the Americas Debt Investments Group. Mr. Feliciano was also a member of the Americas Leadership Committee and Global Investment Committee.

He served as Chairman of the Americas Real Estate Investment Committee, which governs both equity and debt investments and portfolio, and serves on the Americas Real Estate Management Committee. As Americas CIO, he worked with portfolio managers in developing specific portfolio strategy for each account or fund as part of the annual investment plan process.