General Announcement::Proposed Acquisition of ARA - Poll Results of the Extraordinary General Meeting

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ESR CAYMAN LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1821)

PROPOSED ACQUISITION OF ARA ASSET MANAGEMENT LIMITED

POLL RESULTS OF THE EXTRAORDINARY GENERAL MEETING

Reference is made to (i) the announcements of ESR Cayman Limited (the "Company") dated 4 August 2021, 24 August 2021 and 12 October 2021 and (ii) the circular issued by the Company dated 18 October 2021 (the "Circular") in relation to a proposed business combination of ARA Asset Management Limited and its subsidiaries with the Group. Unless otherwise specified, capitalised terms used herein shall have the same meanings as those defined in the Circular.

POLL RESULTS OF THE EGM

The Board is pleased to announce that all the ordinary resolutions to approve the Matters for Approval were duly passed by the Shareholders by way of poll at the EGM of the Company held on Wednesday, 3 November 2021.

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The poll results in respect of the resolutions are as follows:

As more than 50% of the votes cast were in favour of each of the above mentioned resolutions, all the resolutions were duly passed as ordinary resolutions at the EGM.

*  All percentages rounded to 2 decimal places

As at the date of the EGM, the total number of issued Shares of entitling the Shareholders to attend and vote for or against the proposed resolutions at the EGM was 3,048,372,247 Shares.

There was no Share entitling the Shareholders to attend and abstain from voting in favour at the EGM as set out in Rule 13.40 of the Listing Rules and no Shareholders were required under the Listing Rules to abstain from voting at the EGM.

Computershare Hong Kong Investor Services Limited, the Company's Hong Kong share registrar, acted as the scrutineer for the vote-taking at the EGM.

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The Proposed Transaction is subject to all of the Conditions being satisfied (or, if applicable, waived) and therefore may or may not become unconditional. If any of the Conditions is not satisfied (or, if applicable, waived), the Proposed Transaction will not proceed. Shareholders and potential investors are reminded to exercise caution when dealing in the Shares and other securities of the Company.

By Order of the Board

ESR Cayman Limited

Jinchu Shen

Director

Hong Kong, 3 November 2021

As at the date of this announcement, the Board of Directors of the Company comprises Mr. Jinchu Shen and Mr. Stuart Gibson as Executive Directors, Mr. Jeffrey David Perlman as the Chairman and Non-executive Director, Mr. Charles Alexander Portes, Mr. Wei Hu and Mr. David Alasdair William Matheson as Non- executive Directors, Mr. Brett Harold Krause, The Right Honourable Sir Hugo George William Swire, KCMG, Mr. Simon James McDonald, Ms. Jingsheng Liu and Mr. Robin Tom Holdsworth as Independent Non-executive Directors.

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