|Announcement Title||Change - Announcement of Cessation|
|Announcement Subtitle||Cessation as Chief Executive Officer and Executive Director|
|Securities||SABANA SHARI'AH COMPLIANT REIT (SABREIT)
|Date & Time of Broadcast||May 9, 2017 18:53|
|Submitted By||Kevin Xayaraj
Chief Executive Officer and Executive Director
|Description||Please see attached.|
|Name of person||Kevin Xayaraj|
|Is effective date of cessation known?||Yes|
|Effective date for cessation||Dec 31, 2017|
|Detailed reason(s) for cessation||To address unitholders' feedback and to pave a way for change and new leadership.|
|Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?||No|
|Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?||No|
|Any other relevant information to be provided to shareholders of the listed issuer?||No|
|Date of appointment to current position||Mar 15, 2010|
|Does the AC have a minimum of 3 members (taking into account this cessation)?||No|
|Number of independent directors currently resident in Singapore (taking this account this cessation)||2|
|Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months||1|
|Job Title||Co-founder, Chief Executive Officer and Executive Director|
|Role and responsibilities||Mr Xayaraj is the Chief Executive Officer and Executive Director of the REIT Manager, Sabana Real Estate Investment Management Pte. Ltd.|
|Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries||Nil|
|Shareholdings interest in the listed issuer and its subsidaries?||Yes|
|Shareholding Details||41,242,726 Units (deemed interest)|
|Past (for the last 5 years)||Nil|
|Present||Blackwood Investment Pte. Ltd.
Sabana Investment Partners Pte. Ltd.
Sabana Property Management Pte. Ltd.
Sabana Real Estate Investment Management Pte. Ltd.