Mapletree Pan Asia Commercial Trust announced the appointment of Mr. Wu Long Peng as the Chairman of the Audit and Risk Committee ("ARC") of MPACT Management Ltd., the manager of Mapletree Pan Asia Commercial Trust (the "Manager") with effect from 15 June 2024 in place of the current ARC Chairman who will be retiring on 14 June 2024. Mr. Wu Long Peng is an Independent Non-Executive Director of the Manager since 15 December 2018 and a Member of the ARC since 5 March 2020. The Board has accepted the recommendation of the Nominating and Remuneration Committee, having considered Mr. Wu's experience in the Manager since 2018, to be appointed as the Chairman of the ARC.

Working Experience: August 1980 to April 2017 Kuok (Singapore) Limited Executive Director. Other DirectorShips Past: Ambi Shipping Pte Ltd. Epsilon Global Communications Pte. Ltd. Epsilon Telecommunications (SP) Pte.

Ltd. Epsilon Telecommunications (US) Pte. Ltd. Epsilon Telecommunications Limited Gamma Communications Plc (Listed on London's AIM) Gemini DC Holdings Limited Gemini DC Limited K2 Strategic Pte. Ltd. Other DirectorShips Present: MPACT Management Ltd. Director Experience Details: Mr. Wu Long Peng was an Executive Director of PACC Offshore Services Holdings Ltd. prior to its listing on the SGX.

Mr. Wu is an Independent Non-Executive Director of the Manager since 15 December 2018 and a Member of the ARC since 5 March 2020. Professional Qualifications: Fellow of the Association of Chartered Certified Accountants (United Kingdom) Member of the Institute of Singapore Chartered Accountants.