Jul 17, 2026
Change - Announcement Of Cessation Of Appointment Of Chief Executive Officer, Frasers Property Industrial
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 17, 2026 12:05 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation of Appointment of Chief Executive Officer, Frasers Property Industrial |
| Announcement Reference | SG260717OTHR347P |
| Submitted By (Co./ Ind. Name) | Catherine Yeo |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Appointment as Chief Executive Officer, Frasers Property Industrial. Please refer to the press release attached as Attachment 1 issued concurrently with this announcement for more information. |
| Additional Details | |
| Name of person | Reinfried Helmut Otter (Reini Otter) |
| Age | 55 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date. | 17/12/2026 |
| Detailed reason(s) for cessation | Mr Reini Otter will step down as Chief Executive Officer, Frasers Property Industrial ("FPI"), and relinquish all other management duties he holds within Frasers Property Limited (the "Company" and together with its subsidiaries, the "Group") with effect from 17 December 2026 to take on a new career opportunity. The Board of the Company thanks Mr Otter for his years of dedicated service and contributions to the Group. The Company is in the process of identifying Mr Otter's successor, and an announcement on the appointment will be made in due course. In the interim, Mr Ian Barter, currently the Managing Director of FPI Australia, will lead FPI Australia and FPI Europe from 1 August 2026 until a new Chief Executive Officer of FPI is appointed. Mr Barter and the FPI leadership team will report to the FPI Executive Committee ("FPI Exco") and directly to the Deputy Chairman of FPI Exco, Mr Rod Fehring, who is also a Co-Opted Member of the Company's Board Executive Committee. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of appointment to current position | 01/07/2019 |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Executive Officer, Frasers Property Industrial |
| Role and responsibilities | The Chief Executive Officer, Frasers Property Industrial oversees the Group's industrial and logistics operations in Australia and Europe, including the real estate investment trust management of the Singapore-listed Frasers Logistics & Commercial Trust. |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking into account this cessation) | 2 |
| Do independent directors make up at least one-third of the board (taking into account this cessation)? | Yes |
| Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 1 |
| Shareholding interest in the listed issuer and its subsidiaries | No |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Other Directorships Past (for the last 5 years) |
Please see Attachment 2. |
| Present | Please see Attachment 2. |
17 Jul 2026 | PDF 725,009 kb
Attachment 217 Jul 2026 | PDF 151,114 kb
