Asset Acquisitions and Disposals::Completion of the Acquisition of the Data Centre in Guangdong

(Constituted in Republic of Singapore pursuant to a trust deed dated 17 March 2011 (as amended))

ANNOUNCEMENT

COMPLETION OF THE ACQUISITION OF THE DATA CENTRE LOCATED AT NO. 5 BLUESEA INTELLIGENCE VALLEY, SHAPING STREET, HESHAN CITY, PEOPLE'S REPUBLIC OF CHINA

Capitalised terms used herein, unless otherwise defined, shall have the meanings ascribed to them in the announcement of Keppel DC REIT dated 26 July 2021 in relation to the acquisition of the data centre located at No. 5 Bluesea Intelligence Valley, Shaping Street, Heshan City, People's Republic of China (the "Acquisition Announcement").

COMPLETION OF THE TRANSACTION

Further to the Acquisition Announcement, Keppel DC REIT Management Pte. Ltd., in its capacity as manager of Keppel DC REIT (the "Manager"), is pleased to announce that Keppel DC REIT has today completed the Transaction such that the titles to the Premises and the Facilities and Equipment have been transferred by the Seller to the Buyer. The Lease has also commenced today pursuant to the Lease Agreements.

Keppel DC REIT Management Pte. Ltd. (Company Registration No. 199508930C) as manager of Keppel DC REIT

Chiam Yee Sheng

Company Secretary

16 December 2021

Important Notice:

This announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for Units.

This announcement may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from other companies and venues for the sale or distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses (including employee wages, benefits and training costs), governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. Investors are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager's view of future events. The past performance of Keppel DC REIT and the Manager are not necessarily indicative of the future performance of any of them.

The value of Units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager, or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.

Investors have no right to request the Manager to redeem their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on Singapore Exchange Securities Trading Limited ("SGX-ST"). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.

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