through which Unitholders are able to ask questions and receive responses in a timely manner, within two business days. The IR Policy is published on MUST’s website at https://www.manulifeusreit.sg/about#policy_procedure. Ensuring Unitholder Participation The Manager is committed to providing Unitholders with the opportunity to participate effectively in and vote at general meetings and also informs Unitholders of the rules governing such general meetings. The forthcoming AGM will be held in a wholly physical format on 29 April 2026. There will be no options for Unitholders to participate in the AGM virtually. Details of the AGM on 29 April 2026, including physical attendance at the AGM and submission of questions to the Chairman of the Meeting in advance of the AGM by Unitholders, are set out in the Notice of AGM dated 14 April 2026, which is accessible on MUST’s website at https://www.manulifeusreit.sg and on the SGX website at https://www.sgx.com/securities/company-announcements. In line with MUST’s ongoing commitment to sustainability, an electronic version of the Annual Report and/or circulars is available on MUST’s website prior to the convening of general meetings. Printed copies are available upon request via a request form. Unitholders who wish to receive a printed copy of the Annual Report and/or circulars may submit a request through one of the following methods: (i) via the BoardRoom Smart Investor Portal, (ii) by email, or (iii) by post. Notices of general meetings are publicised within the requisite notice period on SGXNet and MUST’s website where appropriate. The rationale and explanation for each agenda item which requires Unitholders’ approval at a general meeting are provided in the notice of the general meeting to enable Unitholders to exercise their votes on an informed basis. To safeguard Unitholders’ interests and rights, a separate resolution is proposed for each substantially separate issue at general meetings, unless the resolutions are interdependent and linked to form one significant proposal. Where resolutions are ‘bundled’, the Manager explains the reasons and material implications in the notice of general meeting, if applicable. To ensure the transparency in the voting process and better reflect Unitholders’ interest, the Manager conducts electronic poll voting for all the resolutions proposed at the general meetings unless such meetings are held virtually where all voting will be by way of proxy. Voting procedures are explained and vote tabulations are disclosed at these meetings. An independent scrutineer is also appointed to validate the vote tabulation procedures. Votes cast, for or against and the respective percentages, on each resolution are tallied and displayed ‘live’ on-screen to Unitholders immediately at the meetings. The total number of votes cast for or against the resolutions and the respective percentages are also announced via SGXNet after the meetings on the same day. Provision 11.4 of the CG Code requires an issuer’s constitution to allow for absentia voting at general meetings of Unitholders. MUST’s Trust Deed currently does not permit Unitholders to vote at general meetings in absentia (such as via mail or email). The Manager will consider implementing the relevant amendments to MUST’s Trust Deed to permit absentia voting if the Board is of the view that there is a demand for such alternative methods of voting, and after conducting a careful study to ensure that the integrity of information and the authentication of the identity of Unitholders through the internet will not be compromised. Any such changes will also be subject to the implementation of relevant legislative amendments that formally recognise remote voting. Notwithstanding the deviation from Provision 11.4 of the CG Code, the Manager is of the view that Unitholders continue to have opportunities to express their views on matters concerning MUST, even if they are unable to attend general meetings in person. For instance, Unitholders may appoint proxies to attend, speak and vote, on their behalf, at general meetings. Institutional Unitholders are permitted to appoint multiple proxies, allowing indirect investors such as those holding units through nominee companies, custodian banks, CPF agent banks, or SRS operators to be represented and to participate in the AGM. The Company Secretary prepares minutes of general meetings, which include substantial comments or queries raised by Unitholders relating to the agenda of the general meeting, and the responses from the Chairman, Board Members and Management. These minutes are posted to the SGXNet and on MUST’s website as soon as practicable, and within one month after the general meetings. Unitholders are strongly encouraged to communicate their views on matters pertaining to MUST. Prior to the AGM, Unitholders are encouraged to email all substantial and relevant questions to the Chairman of the AGM and may do so via email to srs.teamE@boardroomlimited.com with the subject title “MUST AGM Questions”. Unitholders will be able to raise questions on the motions being considered at these meetings where the Directors (including the Chairman of the Board, ARC and NRC) and senior management will be present to address their questions and clarify any issues on the proposed resolutions. All the Directors attended the general meeting held during their tenure in FY2025. Directors’ attendance at such meetings held during the financial year is disclosed on page 67 of this Annual Report. The external auditors are also present to address enquiries on the conduct of audit and the preparation and content of the auditor's report, and the audit and financial statements of MUST. CORPORATE GOVERNANCE / 88 / EXPANDING HORIZONS
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