The Management Team

Lee Jin Yong

Mr. Lee Jin Yong is the Chief Executive Officer of the Managers and is based in the U.S.

Mr. Lee has full executive responsibilities over the business directions and operational decisions in the day-to-day management of the Managers. He has more than 30 years of relevant hotel management and investment experience, personally closing over US$4.0 billion in hotel and real estate transactions in his career.

Mr. Lee received a Bachelor of Science in Hotel Administration from Cornell University, New York, U.S. and a Masters of Business Administration from the University of California, Irvine, U.S. Mr. Lee is also licensed with the US Financial Industry Regulatory Authority as a registered representative for private securities transactions.

James S. Jung

Mr. James S. Jung is the Director, Investments of the Managers and is based in the U.S.

Mr. Jung works with the Chief Executive Officer to identify and evaluate potential acquisitions and related investments or divestments with a view to enhance the Trust's portfolio. Mr. Jung has over 15 years of experience in the full lifecycle of hospitality acquisition, asset management and disposition. Prior to joining the Managers, Mr. Jung has reviewed over US$10 billion in asset valuation and was personally involved in closing a US$2 billion acquisition/divestment in partnership with institutional U.S. capital.

Mr. Jung holds a Masters of Management in Hospitality (concentration in Real Estate Finance) from Cornell University, New York, U.S. and a Bachelor of Science/ Masters of Business Administration from the University at Albany, State University of New York, U.S.

Lisa Swain

Ms. Lisa Swain, is the Director, Asset Management under the employment of the ARA Hotel Manager and is based in the U.S.

Ms. Swain has over 30 years of experience and operational expertise in revenue management, sales and e-commerce. Prior to joining the ARA Hotel Manager, Ms. Swain was Vice President of Asset Management at Clarion Partners and oversaw a portfolio of 26 select-service and 6 full-service hotels. Ms. Swain also has additional experience in hotel real estate investment consulting and property-level hotel management.

Ms. Swain holds a Bachelor in Business Administration (Hotel, Restaurant and Tourism Administration) from the University of South Carolina.

Ryan Ikemeier

Mr. Ryan Ikemeier is the Assistant Director, Asset Management and is based in the U.S.

Mr. Ikemeier has over 25 years of hospitality industry experience with expertise in hotel operations, revenue management, and sales. Prior to joining the ARA Hotel Manager, he was Vice President of Operations at Aimbridge Hospitality, the largest third party hotel management firm in the U.S. In this position, he had direct oversight and accountability for a portfolio of 80+ hotels and 15+ ownership groups.

Mr. Ikemeier holds a Bachelor of Arts (Hospitality, Meeting and Travel Administration) from the Metropolitan State College of Denver in Colorado, U.S.

Gregory Sim Chee Wah

Mr. Gregory Sim Chee Wah is the Chief Financial Officer of the Managers and is based in Singapore.

Mr. Sim is responsible for all the finance matters of ARA H-Trust. He has nearly 30 years of experience with strong financial and corporate planning expertise, overseeing real estate development, operations and investment across Singapore, USA, Malaysia, and Australia. Mr. Sim began his career as an auditor with Deloitte & Touche LLP, Singapore.

Prior to joining the Managers, he served as the Deputy CEO of Haiyi Holdings Pte Ltd. Mr. Sim has held various senior management positions at listed companies such as Guccoland Limited and Singhaiyi Group Ltd. He also spent ten years at Far East Organization, where he oversaw the financial and reporting functions for the recurring income business group. He was involved in the initial public offering of Far East Hospitality Trust and was subsequently appointed as CFO and head of investor relations.

Mr. Sim graduated from Nanyang Technological University of Singapore with a Bachelor of Accountancy and is a Fellow Chartered Accountant with the Institute of Singapore Chartered Accountants.

Dawn Lee

Ms Dawn Lee is the Investor Relations Manager of the Managers and is based in Singapore.

Ms. Lee is responsible for investor relations of ARA H-Trust and has over 14 years of work experience in real estate valuation, lease management and industry development. Prior to joining the Managers, she worked in Colliers International Consultancy & Valuation (Singapore) and Jurong Town Corporation.

Ms. Lee holds a Bachelor of Science (Real Estate) degree from the National University of Singapore and a Master of Business Administration from the University of Chicago Booth School of Business, Illinois, U.S. She is also a licensed valuer with the Inland Revenue Authority of Singapore and a member of the Singapore Institute of Surveyors and Valuers.