CUBEINVIT : PREFERENTIAL UNIT ISSUE APPROVED TO FUND THREE TOLL ASSET ACQUISITIONS

• Board of Investment Manager accorded in-principle approval for preferential issue of InvIT units to Sponsor Cube Highways and Infrastructure V Pte. Ltd. • Units to be issued towards acquisition of entire paid-up share capital of Devanahalli Tollway Private Limited and at least 95% (fully diluted) of Western MP Infrastructure & Toll Roads Private Limited • Cube Highways and Infrastructure II Pte. Ltd., part of the Sponsor Group, to receive units towards acquisition of entire share capital of Chenani Nashri Tunnelway Limited • Issue subject to unitholder approval, finalisation of terms and receipt of requisite regulatory and statutory approvals • Acquisition of Baharampore-Farakka Highways Limited to be undertaken at a later stage, upon completion of applicable conditions precedents

Cube Highways Trust

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