MANJINDAR KAUR NEWLY APPOINTED AS SENIOR GENERAL MANAGER FOR ASCOTT EMBASSY SATHORN BANGKOK

Bangkok, Thailand, April 2022 – Ascott International Management in Thailand & Laos is pleased to announce that Ms. Manjindar Kaur has been appointed as Senior General Manager of the soon-to-open Ascott Embassy Sathorn Bangkok.

Ms. Kaur has over 20 years of experience in the hospitality industry, managing hotels, resorts, and serviced residences with international brands such as Hyatt, Frasers, Accor, and Ascott in Singapore, South Korea, Europe, and Thailand.

With Ascott, Ms. Kaur was instrumental in bringing Jakarta's newest Ascott property to life in October 2013. She then relocated to Bangkok in 2017 to assume the General Manager position for both Somerset Sukhumvit Thonglor and Somerset Maison Asoke.

At Ascott Embassy Sathorn Bangkok, Ms. Kaur will be responsible for taking the property to new heights of luxury with its unique combination of 393 units of hotel rooms and serviced residences with exquisite dining and recreational facilities in the heart of Sathorn's major business centre, targeting both relocating executives and vacationers. At the same time, she will oversee the Sathorn and Chao Praya areas with five other properties managed by Ascott.

"Congratulations to Ms. Kaur for yet another milestone in her career with Ascott. She has a proven track record in managing teams to bring out the best in them. We look forward to her contributions to Ascott Embassy Sathorn Bangkok and the Sathorn-Riverside area, "said Mr. Brian Tan, Country General Manager for Ascott in Thailand and Laos.

For reservations or more information, contact +66 2 204 4400, 1800 888 272 (Thailand toll-free), e-mail: enquiry.thailand@the-ascott.com or visit www.discoverasr.com

About The Ascott Limited

The Ascott Limited is a member of CapitaLand Investment. It is one of the leading international lodging owner-operators with properties across Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA. Its portfolio of serviced apartment, coliving and hotel brands includes Ascott The Residence, The Crest Collection, Somerset, Quest, Citadines, lyf, Préférence, Vertu, Harris, Citadines Connect, Fox, Yello, Fox Lite and POP!.

About CapitaLand Investment Limited

Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real estate investment manager (REIM) with a strong Asia foothold. As at 30 September 2021, CLI had about S$120.8 billion of real estate assets under management, and about S$84.3 billion of real estate funds under management (FUM) held via six listed real estate investment trusts and business trusts, and 30 private funds across the Asia-Pacific, Europe and USA. Its diversified real estate asset classes cover integrated developments, retail, office, lodging and new economy sectors such as business parks, industrial, logistics and data centres.

CLI aims to scale its FUM and fee-related earnings through its full stack of investment management and operating capabilities. As the listed investment management business arm of the CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand’s development arm. Being a part of the well-established CapitaLand ecosystem differentiates CLI from other REIMs.

As part of the CapitaLand Group, CLI places sustainability at the core of what it does. As a responsible real estate company, CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

Visit http://www.capitalandinvest.com/ for more information.