On January 9, 2025, the manager of SUNLIGHT REIT, Hang Chi Sunlight Asset Management Limited, notified the trustee of the choice to pay 50% of the basic fee and floating fee in cash and 50% in fund units, applicable for the fiscal year ending December 31, 2025. This choice is the same as the one made for the fiscal year 2024.According to the trust deed, the manager has the right to choose to pay the basic fee and floating fee in cash and/or fund units and must notify the trustee of such choices and make an announcement by January 15 each year. Choices made are irrevocable for the relevant fiscal year. The basic fee is currently calculated as 0.4% per year based on property value, while properties...Show More

On January 9, 2025, the manager of SUNLIGHT REIT, Hang Chi Sunlight Asset Management Limited, notified the trustee of the choice to pay 50% of the basic fee and floating fee in cash and 50% in fund units, applicable for the fiscal year ending December 31, 2025. This choice is the same as the one made for the fiscal year 2024.According to the trust deed, the manager has the right to choose to pay the basic fee and floating fee in cash and/or fund units and must notify the trustee of such choices and make an announcement by January 15 each year. Choices made are irrevocable for the relevant fiscal year. The basic fee is currently calculated as 0.4% per year based on property value, while properties acquired in April 2023 are calculated at 0.3% per year based on their value; the floating fee is calculated at 3.0% per year based on the net property income.This announcement is made in accordance with section 15.1(d) of the trust deed and section 10.3 of the Code on Real Estate Investment Trusts. The members of the Board of Directors of the manager include Chairman and Non-Executive Director Mr. Au Siu Ki, Chief Executive Officer and Executive Director Mr. Ng Siu Kei, Non-Executive Director Mr. Kwok Ping Ho, and Independent Non-Executive Directors Mr. Kwan Kai Cheung, Dr. Tse Kwok Sang, Mr. Kwok Shun Ho, and Ms. Xu Min.