LINK REIT: Song Junyan and Huang Guoxiang form a temporary leadership team and are globally recruiting a new CEO

LINK REIT (00823.HK) announced the latest updates on its interim leadership structure and strategic direction. The Group's Chief Investment Officer Song Junyan has been appointed as an Executive Director, effective January 1. Song Junyan will form the interim leadership structure with Executive Director and Group Chief Financial Officer Huang Guoxiang, reporting to LINK REIT's Chairman Ou Dunqin and the Chairman's Committee until a new Group Chief Executive Officer is appointed.

Song Junyan will continue to focus on investment business and third-party capital cooperation, and will support and oversee the asset management work of the existing property portfolio, which is led daily by the Group's Managing Director of Asset Management Fan Shimu. Huang Guoxiang will be responsible for leading all corporate functions, including finance, legal, information technology, human resources, and investor relations.

Song Junyan expressed his honor in joining the LINK REIT Board as an Executive Director. He looks forward to closely collaborating with Huang Guoxiang, the Chairman's Committee, and other board members and management team during LINK REIT's exciting next phase.

The Board is working with an international headhunting firm to conduct a global recruitment process for the new Group Chief Executive Officer position. LINK REIT is looking for a senior individual with experience in listed company real estate investment and business management to lead the Group's strategic development in the next phase. Given that the Group Chief Executive Officer is a senior-level position and external candidates are the primary target, the entire recruitment and appointment process is expected to be rigorous and time-consuming.

Ou Dunqin will continue to be actively involved in Group affairs and has agreed to dedicate more time as LINK REIT's Independent Non-Executive Chairman under the new arrangement from January 1 until the end of May next year. He will not hold any executive position at LINK REIT but will ensure comprehensive support during the recruitment, appointment, and subsequent onboarding of the Group Chief Executive Officer.

LINK REIT is committed to providing "REIT +" investment solutions in the future, creating robust and sustainable returns for fund unit holders that can withstand market cycles, as well as above-average profit growth potential