ARA US Hospitality Trust - Annual Report 2021

94 ARA US HOSPITALITY PROPERTY TRUST • ARA US HOSPITALITY MANAGEMENT TRUST • ARA US HOSPITALITY TRUST REPORT OF THE TRUSTEE-MANAGER of ARA US Hospitality Management Trust The directors of ARA Business Trust Management (USH) Pte. Ltd. (the “ Trustee-Manager ”), the Trustee-Manager of ARA US Hospitality Management Trust (“ ARA H-BT ”) and its subsidiaries (collectively, the “ ARA H-BT Group ”), are pleased to submit this repor t to the Stapled Securityholders of ARA US Hospitality Trust (“ ARA H-Trust ” or the “ Stapled Group ”), together with the audited financial statements of ARA H-BT Group for the financial year ended 31 December 2021. DIRECTORS The directors of the Trustee-Manager in office at the date of this report are as follows: Stephen Ray Finch (Chairman) Randy Allan Daniels Stefanie Yuen Thio Wong Choong Mann Lin Daqi Cheryl Seow Bee Lian Moses K. Song ARRANGEMENTS TO ENABLE DIRECTORS TO ACQUIRE STAPLED SECURITIES AND DEBENTURES Neither at the end of nor at any time during the financial year ended 31 December 2021 was the Trustee-Manager a party to any arrangement whose object was to enable any or all Directors of the Trustee-Manager to acquire benefits by means of the acquisition of stapled securities, or debentures, of ARA H-Trust. DIRECTORS’ INTEREST IN STAPLED SECURITIES OR DEBENTURES According to the register kept by the Trustee-Manager for the purposes of Section 76 of the Business Trusts Act, Chapter 31A of Singapore (the “Act”), particulars of interest of director who held office at the end of the financial year (including those held by their spouses and children below 18 years of age) in Stapled Securities of ARA H-Trust are as follows: Direct Interest Deemed Interest Holdings at beginning of the year Holdings at end of the year Holdings at beginning of the year Holdings at end of the year Stephen Ray Finch – – 100,000 160,000 Stefanie Yuen Thio 50,000 50,000 – – Lin Daqi 30,000 30,000 – – Cheryl Seow Bee Lian 550,000 550,000 – – Moses K. Song 50,000 50,000 – – Except as disclosed in this statement, no director who held office at the end of the financial year had interests in Stapled Securities of ARA H-Trust either at the beginning of the financial year or at the end of the financial year. There were no changes in the abovementioned interests of ARA H-Trust between the end of the financial year and 21 January 2022.

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