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MANAGEMENT TEAM

LEADERSHIP STRUCTURE

VINCENT YEO WEE ENG

Chief Executive Officer

Mr Yeo is also the Executive Director of the H-REIT Manager

and the HBT Trustee-Manager and his profile can be found

under the "Board of Directors" section on pages 36 and 37

of the Annual Report.

ANNIE GAN

Chief Financial Officer

Ms Gan is responsible for CDLHT’s financial and capital

management functions. She oversees all matters involving

finance and accounting, treasury, taxation, compliance and

fund management, ensuring the alignment with CDLHT’s

investment strategy while focusing on optimising revenue

and investment returns.

Ms Gan has more than 28 years of diverse experience in

financial management, treasury, mergers and acquisitions,

taxation and corporate advisory as well as in-depth

knowledge of the hospitality, property development

and property investment industries. Prior to joining the

H-REIT Manager and the HBT Trustee-Manager, Ms Gan

was the Group Financial Controller of the public-listed

company, Orchard Parade Holdings Limited ("OPHL"),

a subsidiary of Far East Organisation Pte Ltd. She also

served as a Director of all the subsidiaries of OPHL,

primarily responsible for the stewardship of the subsidiaries’

affairs and advising on new investment opportunities.

Ms Gan was also previously with PricewaterhouseCoopers,

Singapore as Senior Audit Manager, where she was

responsible for due diligence and acquisition audits,

profit forecast reviews and the statutory audits of

several public-listed companies and large multinational

corporations.

Ms Gan is a Chartered Accountant with the Institute of

Singapore Chartered Accountants and a Fellow of Certified

Public Accountants of Australia and holds a Bachelor of

Commerce from The Australian National University.

DAVID LING

Head, Strategic Development

Mr Ling is responsible for origination of strategic investment

opportunities from the regional and international markets

for H-REIT. His role includes identifying and securing value

propositions, covering both single assets and portfolios,

with the objective of growing the long term income and

capital value of H-REIT investment holdings. His role is

also to expand the network of hospitality relationships for

H-REIT to gain access to greater deal flow.

Mr Ling has 27 years of diverse hospitality and real estate

experience in markets across Asia Pacific and Europe,

and established relationships with major institutional and

private investment houses, brokerage firms and financial

institutions. His passion and entrepreneurial spirit drove

him to establish and manage four new offices of HVS

Hospitality Services in Asia Pacific between 2004 and

2014 as its Chairman and Managing Director, as well as

pioneered and chaired the largest and most influential

hotel investment conference in mainland China - the annual

China Hotel Investment Conference.

Mr Ling speaks regularly at international conferences and

lectures at universities and industry seminars. He served on

the international board of HVS from 2005 to 2013 and the

Hotel Licensing Board of Singapore from 2011 to 2014.

Graduated with a Master in Urban Land Appraisal from

University of Reading, United Kingdom, and a Bachelor

of Business (Distinction) in Valuation and Land Economy

from Curtin University in Australia, Mr Ling is a member

of the Australian Property Institute, Singapore Institute of

Surveyors and Valuers and a Licensed Appraiser registered

with the Inland Revenue Authority of Singapore.

PAUL KITAMURA

Head, Asset Management

Mr Kitamura is responsible for CDLHT’s asset management

function which involves performance monitoring and value

enhancement initiatives across the portfolio.

Earlier, he operated his own hospitality consultancy and

served as Senior Vice President of asset management

for GIC Real Estate. He was responsible for the fund’s

Asia-Pacific hospitality portfolio which comprised assets

such as the Westin Tokyo, Shangri-La Sydney and Park

Hyatt Melbourne, a portfolio of serviced apartments

in Japan and a retail portfolio in Australia. During the

2008/09 global downturn, he successfully drove fast-track

cost efficiency initiatives and led the brand conversion of

the 1,053-room Hilton Fukuoka.

His hotel experience includes leading IHG’s efforts

in Japan as country head from 2002-2008, securing

exclusivity with ANA Airlines to form a JV partnership for

a 50-property chain in Japan. During this period, deal

flow increased 200% including signing of the 600-room

Crowne Plaza Kobe and successful extension of the group’s

presence in Tokyo, Yokohama, Kyoto and Nagasaki.

Operationally, he led IHG’s business in Japan through a

brand portfolio covering 10 cities which includes Tokyo,

Yokohama and Kyoto.

Mr Kitamura also held senior Asia Pacific brand

management and marketing positions within IHG in Hong

Kong and Singapore. He started his career with Mandarin

Oriental Hotel Group where he spent 10 years in a variety

of sales & marketing roles at the property, regional and

corporate levels.

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