(Constituted in the Republic of Singapore pursuant to a Trust Deed dated 29 January 2008 (as amended))

ANNOUNCEMENT

DESPATCH OF NOTICE OF ELECTION AND TAX DECLARATION FORMS PURSUANT TO THE DISTRIBUTION REINVESTMENT PLAN FOR THE 2QFY22/23 DISTRIBUTION

9 November 2022 - Further to the announcements dated 26 October 2022 and 3 November 2022 by Mapletree Industrial Trust Management Ltd., as manager (the "Manager") of Mapletree Industrial Trust ("MIT"), in relation to the application of a distribution reinvestment plan ("DRP") to the distribution of 3.36 Singapore cents per unit in MIT ("Unit") for the Second Quarter Financial Year 2022/2023 from 1 July 2022 to 30 September 2022 ("2QFY22/23 Distribution"), the Manager wishes to announce that the Notice of Election 1 and Tax Declaration Forms2 (if applicable) have been despatched to all eligible persons registered as unitholders of MIT in the Depository Register as at 5.00pm on the record date of 3 November 2022 and with registered mailing addresses in Singapore3 ("Eligible Unitholders").

Eligible Unitholders who wish to participate in the DRP must complete, sign and return the Notice of Election (and Tax Declaration Forms if applicable) to Boardroom Corporate & Advisory Services Pte. Ltd. (the "Unit Registrar") at 1 Harbourfront Avenue, #14-07 Keppel Bay, Singapore 098632 (Telephone number: +65 6536 5355; Email address: srs.teamd@boardroomlimited.com). The Notice of Election (and Tax Declaration Forms if applicable) must be received by the Unit Registrar by 5.00pm on 25 November 2022, and

1 "Notice of Election" means the one or more notices of elections (in such form as the Manager may approve) which the Manager will, at its discretion, send to each Unitholder and through which each Unitholder may indicate whether he or she wishes to participate in the DRP.

2

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"Tax Declaration Forms" means the "Declaration for Singapore Tax Purposes Form A and Form B (and its annexes)" which are sent to all non-individual Unitholders.

Unitholders with registered addresses outside Singapore who did not provide any address in Singapore for the service of notices and documents by notifying The Central Depository (Pte) Limited by 28 October 2022 will not receive the Notice of Election.

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may not be withdrawn or cancelled upon receipt. Notice of Election (and Tax Declaration Forms if applicable) received after 5.00pm on 25 November 2022 will not be processed.

The 2QFY22/23 Distribution will be paid on 12 December 2022. Unitholders who have elected to participate in the DRP for the 2QFY22/23 Distribution will have their new Units in MIT

credited and listed on the Singapore Exchange Securities Trading Limited (the "SGX-ST") on

12 December 2022. Unitholders who have not elected to participate in the DRP will receive the 2QFY22/23 Distribution in cash.

Replacement Notice of Election and Tax Declaration Forms may be obtained from the Unit Registrar. More information about the DRP can be found on

www.mapletreeindustrialtrust.com/drp.

Important Dates

Date

Event

Wednesday, 9 November 2022

Despatch of Notice of Election and Tax

Declaration Forms

5.00pm on Friday, 25 November 2022

Unitholders and depository agents must have

completed and returned "Notice of Election"

to the Unit Registrar, Boardroom Corporate &

Advisory Services Pte. Ltd.

Monday, 12 December 2022

Payment of cash distribution, crediting of

DRP Units to Unitholders' securities accounts

and listing of the DRP Units on SGX-ST

By order of the Board

Wan Kwong Weng

Joint Company Secretary

Mapletree Industrial Trust Management Ltd.

(Company Registration No. 201015667D)

As Manager of Mapletree Industrial Trust

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Important Notice

The value of Units and the income derived from them may fall as well as 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.

Investors have no right to request the Manager to redeem their Units while the Units are listed. It is intended that Unitholders of MIT may only deal in their Units through trading on the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.

The past performance of MIT is not necessarily indicative of the future performance of MIT.

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Disclaimer

Mapletree Industrial Trust published this content on 09 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2022 10:30:07 UTC.