Poll Results of the 2019 Annual General Meeting held on 30 May 2019

The Securities and Futures Commission of Hong Kong, Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

POLL RESULTS OF THE 2019 ANNUAL GENERAL MEETING

HELD ON 30 MAY 2019

All Ordinary Resolutions as set out in the Notice of 2019 AGM were duly passed by way of poll at the 2019 AGM held on 30 May 2019.

Reference is made to the circular dated 22 March 2019 (the "Circular") in relation to general mandate to buy-back Units and the re-election of independent non-executive directors of the REIT Manager (the "INEDs") issued to the Unitholders of Champion REIT containing the notice of the 2019 AGM held on 30 May 2019 at 4:00 p.m.. Terms used herein shall have the same meanings as defined in the Circular unless the context otherwise requires.

The Board of the REIT Manager is pleased to announce that at the 2019 AGM, the Ordinary Resolutions to approve the grant of the Buy-back Mandate and the re-election of the INEDs were duly passed by the Unitholders by way of poll.

As at the date of the 2019 AGM, there were a total of 5,858,503,599 Units in issue.

Pursuant to 9.9(f) of the REIT Code, holders shall be prohibited from voting their own units at, or counted in the quorum for, a meeting at which they have a material interest in the business to be contracted and that interest is different from the interests of all other holders.

In respect of the Ordinary Resolution to approve the grant of the Buy-back Mandate, as at the date of the 2019 AGM, there were a total number of 5,858,503,599 Units entitling the Unitholders to attend and vote for or against such Ordinary Resolution at the 2019 AGM. No Unitholders were subject to any restrictions in exercising their votes nor required to abstain from voting on such Ordinary Resolution.

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So far as the REIT Manager is aware, both Mr. Cha Mou Sing, Payson and Mr. Shek Lai Him, Abraham do not have any interest in the Units of Champion REIT within the meaning of Part XV of the SFO. As such, as at the date of the 2019 AGM, Unitholders holding a total of 5,858,503,599 Units were entitled to attend and vote for or against such Ordinary Resolutions regarding the reelection of Mr. Cha Mou Sing, Payson and Mr. Shek Lai Him, Abraham as INEDs at the 2019 AGM.

As at the date of the 2019 AGM, to the best of the REIT Manager's knowledge, information and belief, after having made due and careful enquiries, save as disclosed above, the REIT Manager is of the opinion that no other Unitholder is required to abstain from voting at the 2019 AGM.

The poll at the 2019 AGM was scrutinised by the Unit Registrar of Champion REIT, Computershare Hong Kong Investor Services Limited. The poll results in respect of the Ordinary Resolutions are set out below:

As more than 50% of the votes were cast in favour of each of the Ordinary Resolutions, all the Ordinary Resolutions were duly passed.

By Order of the Board

Eagle Asset Management (CP) Limited

(as manager of Champion Real Estate Investment Trust)

Lo Ka Shui

Chairman

Hong Kong, 30 May 2019

As at the date of this announcement, the Board comprises:

Non-executive Directors:

Dr. Lo Ka Shui (Chairman) and Mr. Ip Yuk Keung, Albert

Executive Director:

Ms. Wong Ka Ki, Ada (Chief Executive Officer)

Independent Non-executive Directors:

Mr. Cha Mou Sing, Payson, Mr. Cheng Wai Chee, Christopher, Mr. Ho Shut Kan and Mr. Shek Lai Him, Abraham

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