Manulife US REIT - Annual Report 2025

MANAGEMENT TEAM In his dual role as CEO and CIO, Mr John Casasante works with the Board to determine the strategy for MUST as well as with other members of the management team to execute MUST’s strategy, oversee the day-to-day management and operations of MUST, and work with the Manager’s financial, legal and compliance personnel in meeting the strategic, investment and operational objectives. He is also responsible for the design and execution of the portfolio investment strategy, as well as overseeing the U.S. asset and property management functions. Mr Casasante has over 30 years of commercial real estate experience in industrial, office, retail and multifamily. Before joining Manulife, he worked at DWS as the Regional Director, Real Estate Asset Management Alternatives and Real Estate Assets, responsible for the Western US real estate portfolio with a NAV of US$15 billion, across industrial, office and retail. He has also held senior roles at Cushman & Wakefield, and Lincoln Property Company, encompassing, asset management, leasing, acquisitions and development. He holds a Bachelor of Science degree in Business Administration, Entrepreneur Emphasis, from the University of Southern California – Los Angeles, California. Chief Executive Officer and Chief Investment Officer Mr Mushtaque Ali is the Chief Financial Officer (CFO) of MUST. He is responsible for shaping and executing MUST’s financial strategies, overseeing capital and funding management, financial risk management, and leading the treasury, tax, and finance operations. With over 27 years of experience in finance and accounting, primarily within the investment management industry, Mr Ali specialises in financial management and oversight of real estate portfolios across diverse asset classes, including office, industrial, retail and multifamily. Before joining MUST, Mr Ali served as Head of Finance, Singapore and Southeast Asia, at Manulife Investment Management. Prior to relocating to Singapore from Canada, he held global leadership roles within Manulife’s Private Markets business, including as the Head of Fund & Asset Management Finance and as Head of Private Assets Financial Reporting & Advisory, where he had financial oversight for third-party real estate, infrastructure, and other private asset funds and separately managed accounts across the U.S. and Canada. Mr Ali holds a Master of Finance from the University of Toronto. He is a Certified Public Accountant from Ontario, Canada, Chartered Accountant of Singapore as well as a Fellow of the Institute of Chartered Accountants of England & Wales. Chief Financial Officer JOHN CASASANTE MUSHTAQUE ALI / 18 / EXPANDING HORIZONS

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