The transaction represents a strong commitment from ESR Group to further align its interests with the REITs' unitholders and positions ESR-LOGOS REIT for long-term sustainable growth SINGAPORE and HONG KONG, July 27, 2022 /PRNewswire/ ESR Group Limited and its subsidiaries ("ESR" orthe "Company"), has today, completed the acquisition of 654,546 shares in ESR-LOGOS Funds Management (S) Limited, the manager of ESR-LOGOS REIT ("E-LOG Manager") from Mr. Tong Jinquan (held via his wholly-owned subsidiary, Shanghai Summit Pte. Ltd.). ESR is also in the process of acquiring 189.97 million ESR-LOGOS REIT ("E-LOG" or the "REIT") units from Mr. Tong Jinquan (held via his wholly-owned subsidiary, Leading Wealth Global Inc). Following the acquisition, ESR remains the largest shareholder with more than a 90% stake in the E-LOG Manager and will also become the largest unitholder of E-LOG with a 14.4% stake in the REIT. Mr. Jeffrey Perlman, Chai