Further to the announcement dated 11 November 2025 in relation to the establishment of the MTN Programme, AmanahRaya-Kenedix REIT Manager Sdn. Bhd. (“ARREIT”), is pleased to announce that ARREIT MTN 1 Sdn. Bhd. (“Issuer”) has successfully undertaken its first issuance of RM390.0 million in nominal value of MTN under the MTN Programme (“First Issuance”) on 22 December 2025.

The proceeds of the First Issuance will be utilised by the Issuer for the following purposes:  

       (a) To fully refinance the medium term notes issued under the Tranche 1 Series 1 of the Unrated Medium Term Notes Programme of up to RM950.0 million;

       (b) To fully refinance the existing term loan facility granted by Public Bank Berhad in favour of AmanahRaya REIT vide Pacific Trustees Berhad; and

       (c) The balance for working capital purposes.

Public Investment Bank Berhad is the Principal Adviser, Lead Arranger and Lead Manager for the MTN Programme.

This announcement is dated 22 December 2025.