2Q 2020 Financial Results

Sasseur REIT Structure Offshore 100.0% SGinvestors REIT SASSEUR Chairman Xu L Catterton Asia Ping An Real Estate Sasseur Cayman 100.0% Cayman Hold Co 58.6% REIT Manager Bishan Offshore HoldCos 100.0% Sasseur REIT 100% SG Hold Co Public 41.4% Trustee Hefei Offshore HoldCos 100.0% Kunming Offshore HoldCos 100.0% Onshore Entrusted Manager Bishan PRC Hold Co Hefei PRC Hold Co 15.0% Entrusted Management Agreements 85.0% Chongqing PRC HoldCo (1) 100.0% 100.0% 100.0% Chongqing Outlets Bishan Outlets Hefei Outlets Kunming PRC Hold Co 100.0% Kunming Outlets (1) Holds 40% interest in Chongqing West Outlets Brand Discount Commercial Co., Ltd. and Shanghai Pacific Rehouse Service Chongqing Co., Ltd.. Remaining 60% interest is held by Shanghai Pacific Rehouse Service Co. Ltd., an independent third party unrelated to the Sponsor (Sasseur Cayman Holding Limited) or Sasseur REIT 6

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