Prime US REIT announced that the Board of Directors has appointed Mr. Harmeet Singh Bedi as Deputy Chief Executive Officer and Chief Financial Officer. His appointment will take effect within the next few weeks upon completion of his exit from his current role. Mr. Bedi brings with him 29 years of investment and commercial banking experience in Singapore, Hong Kong and India.

He most recently held the positions of CEO of Maybank Kim Eng Singapore, the securities and investment banking subsidiary of the Maybank Group in Singapore, and as board member of its Singapore asset management and Indian securities businesses. Prior to this, he spent over 20 years at UBS, Merrill Lynch, Deutsche Bank and JPMorgan across a variety of senior investment banking roles involving capital raising and advisory work for corporates across the region. Based in Singapore, Mr. Bedi will report directly to Ms. Barbara Cambon, CEO and Chief Investment Officer ("CIO") of the Manager of PRIME, providing support in the execution of PRIME's overall growth strategies, while specifically helming the finance and investor relations functions.

His finance responsibilities will cover the formulation and execution of PRIME's financial strategies, capital raising and capital management, financial risk management, treasury, tax and financial reporting. Mr. Bedi will also be tasked to further enhance PRIME's investor engagement across the spectrum of institutional, high net worth and retail investors in the region.