First Real Estate Investment Trust : Invitation To Virtual Information Session

Invitation to Virtual Information Session

Dear unitholders of First Real Estate Investment Trust ("First REIT", and unitholders of First REIT, "First REIT Unitholders"), you are cordially invited to participate in a virtual information session (the "Virtual Information Session") to be conducted via "live" audio-visual webcast and "live" audio-only stream (the "Live Webcast") in relation to:

1. the Proposed Acquisition of 12 nursing homes located in Japan, as an interested person transaction;
2. the proposed issue of 431,147,541 new units in First REIT as partial consideration for the Proposed Acquisition of 12 nursing homes located in Japan;
3. the proposed Whitewash Resolution; and
4. the Proposed Settlement in respect of the terminated development works adjacent to Siloam Hospitals Surabaya, as an interested person transaction,

(collectively, the "Proposed Transactions"), each as defined and described in the First REIT circular dated 6 January 2022 (the "Circular"), and to better understand the resolutions to be tabled at an upcoming Extraordinary General Meeting of First REIT, to be held on 28 January 2022 at 11:00 a.m.. Further details can be found in the Circular.

DETAILS OF THE VIRTUAL INFORMATION SESSION

Date/Day: 20 January 2022, Thursday

Time: 7.00 p.m. - 8.00 p.m.

Mr Adrian Chan, Lead Independent Director, Mr Martin Lechner, Independent Director and Mr Victor Tan, Executive Director and CEO of First REIT Management Limited, the manager of First REIT (the "Manager"), will be present to deliver a presentation on the Proposed Transactions during the Virtual Information Session. The session will be moderated by SIAS.

There will be a Q&A session, following the presentation, to address First REIT Unitholders' questions pre-submitted to SIAS or submitted via the live chat function during the Virtual Information Session. Please note that pre-submitted questions will be given priority for discussion during the Virtual Information Session.

Please RSVP and submit your questions by 16 January 2022, Sunday, 12.00 noon to SIAS at https://sias.org.sg/firstreit_vis or scan the QR code below. Please provide your full name (as per NRIC or FIN), last four digits of NRIC or FIN, contact number, email address, and electronic copy of proof of Unitholding for registration.

RSVPs will be accepted on a first come, first served basis, as limited slots are available. RSVPs after the deadline will not be accepted.

Please note that the Virtual Information Session is exclusively for First REIT Unitholders only. Following verification, authenticated First REIT Unitholders will receive an email which will contain login details, as well as instructions on how to access the "live" audio-visual webcast and a toll-free telephone number to access the "live" audio-only stream of the Virtual Information Session (the "VIS Confirmation Email"). Please refer to the important notes below for more details.

Important Notes

• Pre-registrationis compulsory, and only verified First REIT Unitholders will be allowed to attend.
• The Virtual Information Session is only open to First REIT Unitholders. First REIT Unitholders are required to submit an electronic copy of their latest proof of their unitholding in First REIT for verification purposes when they RSVP, failing which, such First REIT Unitholders will not be provided with the VIS Confirmation Email for the Live Webcast.
• First REIT Unitholders who hold securities through nominees (including, if such First REIT Unitholder is a corporation, their appointed representative) must present proof of holdings or letter(s) of verification (e.g. a letter from the nominee bank) during the registration process in order to receive the VIS Confirmation Email.
• A First REIT Unitholder, who is a corporation, may appoint one representative by submitting an authorisation letter (on the corporation's letterhead) authorising its named representative to attend the Live Webcast on its behalf and indicate the details as required during the RSVP process. A First REIT Unitholder, who is a corporation, is also required to submit an electronic copy of its latest proof of its unitholding for verification purposes when it RSVPs, failing which, it will not be provided with the VIS Confirmation Email for the Live Webcast.
• Login details will be provided in the VIS Confirmation Email sent to verified Unitholders. Each set of login details will only allow one person to login during the Live Webcast. Multiple logins using the same set of login details will not be allowed. SIAS reserves the right to deny or restrict access without notice of any unauthorised use of account or any other breach of security.
• For the best viewing experience, First REIT Unitholders are encouraged to join the Virtual Information Session using a desktop/laptop with a stable Wi-Fior cellular data connection.

By providing your contact details, you agree that your personal data may be collected, used and disclosed by SIAS, First REIT, the Manager and their service providers, agents and authorised representatives for the purposes of administering and facilitating the Virtual Information Session (including providing any communications in relation to the Virtual Information Session) and other purposes in connection with the Proposed Transactions as well as for investor relations communications and in order for SIAS, First REIT, the Manager and their service providers, agents and authorised representatives to comply with any applicable laws, listing rules, regulations and/or guidelines. All capitalised terms not defined herein shall have the same meanings given to them in the Circular.

For further queries, please contact:

WATATAWA Consulting	First REIT Investor Relations
Email: [e-mail]	Email: [e-mail]
	Telephone: [phone]

Important Notice

This advertisement is not for distribution, directly or indirectly, in or into the United States and is not an offer of securities for sale in the United States or any other jurisdictions.

This advertisement is for information purposes only and does not constitute an offer for sale or an invitation or offer to acquire, purchase or subscribe for Units in the United States, Singapore or any other jurisdiction. This advertisement may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from similar developments, shifts in expected levels of property rental income, changes in operating expenses, (including employee wages, benefits and training costs), property expenses and governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. Investors are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager's current view on future events. The value of Units and the income derived from them, if any, may fall or rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. This advertisement is not for release, publication or distribution, directly or indirectly, in or into the United States, European Economic Area, the United Kingdom, Canada, Japan or Australia, and should not be distributed, forwarded to or transmitted in or into any jurisdiction where to do so might constitute a violation of applicable securities laws or regulations. The securities referred to herein have not been and will not be registered under the Securities Act, and may not be offered or sold in the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable state securities laws. Any public offering of securities to be made in the United States would be made by means of a prospectus that may be obtained from an issuer and would contain detailed information about such issuer and the management, as well as financial statements. There will be no public offering of the securities referred to herein in the United States. Investors should note that they have no right to request the Manager to redeem their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units. The past performance of First REIT and the Manager is not necessarily indicative of the future performance of First REIT and the Manager.

Notification under Section 309B of the Securities and Futures Act, Chapter 289 of Singapore

The Consideration Units are prescribed capital markets products (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products).