A. INTERESTED PERSON (AS DEFINED IN THE LISTING MANUAL OF THE SGX-ST) AND INTERESTED PARTY (AS DEFINED IN THE PROPERTY FUNDS APPENDIX) TRANSACTIONS (COLLECTIVELY “RELATED PARTY TRANSACTIONS”) The Related Party Transactions entered into during the financial year ended 31 December 2024, which fall under the Listing Manual of Singapore Exchange Securities Trading Limited and the Property Funds Appendix (excluding transactions less than S$100,000 each) are as follows: Aggregate value of all related party transactions during the financial year under review (excluding transactions less than S$100,000 and transactions conducted under Unitholders’ mandate pursuant to Rule 920) Aggregate value of all related party transactions during the financial year under review conducted under Unitholders’ mandate pursuant to Rule 920 (excluding transactions less than S$100,000) Name of interested person S$’000 S$’000 EC World Asset Management Pte Ltd – Manager’s base fees 1,951 – – Manager’s performance fees – – Forchn Holdings Group Co. Ltd. and its subsidiaries – Rental income (4,939) – – Late payment fee income (7,661) – – Property management fees 103 – – Leasing commission 651 – DBS Trustee Limited – Trustee’s fees 184 – Saved as disclosed above, there were no additional interested person/party transactions (excluding transactions less than S$100,000 each) nor any material contracts entered into by ECW involving the interests of the CEO, each Director or controlling shareholder of the Manager or controlling Unitholder. The entry into and the fees and charges payable (where applicable) by EC World REIT and its subsidiaries under the Trust Deed, the Sponsor ROFR, the ZGB ROFR, the Master Leases, the Corporate Guarantees, the Call Option Agreement, the Grant Agreement, the Outsourcing Agreement, the Deeds of Indemnity, the Master Property Management Agreement and the Individual Property Management Agreements and the leases set out in the Prospectus for Initial Public Offer, section “2016 Other Related Party Transactions”, each of which constitutes or will, when entered into, constitute a Interested Person Transaction, are deemed to have been specifically approved by the Unitholders upon subscription for the Units and are therefore not subject to Rules 905 and 906 of the Listing Manual of the SGX-ST to the extent that there is no subsequent change to the rates and/or bases of the fees charged thereunder which will adversely affect EC World REIT and its subsidiaries. There were no units issued for payment of the performance fees during or in respect of the financial year from 1 January 2024 to 31 December 2024. Please see Related party transactions in Note 28 to the financial statements. EC WORLD REIT 126 ADDITIONAL INFORMATION
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