(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the Company's announcements dated 26 August 2025, 10 April 2026, 30 April 2026, 23 July 2026, 7 August 2026, 19 August 2026, 9 September 2026, 14 September 2026, 18 September 2026 and 1 October 2026 in relation to the Proposals ("Announcements").)

Reference is made to the Announcements.

On behalf of the Company, the Joint Principal Advisers wish to announce that IRMSB, IOIPG and MTrustee (on behalf of IOIPG REIT) together with Maybank IB, AmInvestment Bank, CIMB Investment Bank Berhad, Hong Leong Investment Bank Berhad, RHB Investment Bank Berhad and UOB Kay Hian (M) Sdn Bhd, have on, 12 October 2026, entered into an underwriting agreement to underwrite 165,000,000 Offer Units under the Public Offering and Restricted Pink Form Offering, subject to the clawback and reallocation provisions.

This announcement is dated 12 October 2026.

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE PROHIBITED BY APPLICABLE LAWS.

This announcement does not constitute and is not an offer to sell or the solicitation of an offer to buy units (the "Units") of IOIPG Malaysia Real Estate Investment Trust ("IOIPG REIT") in the United States or elsewhere. IOIPG REIT has not registered and does not intend to register the Units under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and the Units may not be offered or sold in the United States absent registration under the Securities Act or an exemption from registration under the Securities Act. There will be no offering of the Units in the United States and no public offering of the Units in any jurisdiction other than Malaysia.