BANYAN TREE HOLDINGS LIMITED: NOTICE OF TRANSFER OF TREASURY SHARES FROM THE COMPANY'S SHARE BUYBACK ACCOUNT

BANYAN TREE HOLDINGS LIMITED: NOTICE OF TRANSFER OF TREASURY SHARES FROM THE COMPANY'S SHARE BUYBACK ACCOUNT.

(Rule 704(28) of the Listing Manual of the Singapore Exchange Securities Trading Limited)

Date of transfer : 4 April 2022

Purpose of transfer : Release of share awards vested pursuant to Banyan Tree Share Award Scheme2016

Number of treasury shares transferred : 144,500

Number of treasury shares before transfer : 1,230,200

Number of treasury shares after transfer : 1,085,700

Percentage of the number of treasury shares

against the total number of outstanding ordinary

shares before transfer

: 0.1428(1)

Percentage of the number of treasury shares

against the total number of outstanding ordinary

shares after transfer

: 0.1260(2)

Value of the treasury shares transferred : S$43,350/-

(1)	The percentage is based on issued share capital of 861,250,572 shares (excluding 1,230,200

treasury shares) as at 4 April 2022 before transfer.

(2)	The percentage is based on issued share capital of 861,395,072 shares (excluding 1,085,700

treasury shares) as at 4 April 2022 after transfer.

Moy Keen Choy

Company Secretary