NOTICE

Subject	RL Commercial REIT, Inc.: Initial Public Offering – Implementing Guidelines for Local Small Investors
Company Name	RL Commercial REIT, Inc.
Reference(s)	Listing Notice LN00196-2021 dated August 24, 2021
LSI Offer Period	August 25 to September 3, 2021
Deadline for Submission of Subscription Forms and Payments	Sep 3, 2021

Other Relevant Information
BPI Capital Corporation, the Lead Local Underwriter, for the Initial Public Offering (“IPO”) of RL Commercial REIT, Inc. (“RCR” or the “Company”), provided the Exchange the attached Implementing Guidelines for Local Small Investors (“LSIs”), including the User Guide for the PSE EASy. Please be informed that all LSI subscriptions to the IPO of the Company shall be coursed through the PSE EASy website at https://easy.pse.com.ph. An LSI Applicant should nominate an active REIT-eligible trading participant of the PSE (“Eligible TP”), otherwise known as a stock broker, which will create the LSI Applicant’s Name on Central Depository (“NoCD”) account through which his/her shares will be lodged. An LSI Applicant shall likewise consent to the creation by the Eligible TP of such NoCD account, otherwise, the LSI Application shall not be accepted. Please bear in mind that the NoCD account is required and that Eligible TPs are the only brokers allowed to trade REIT shares pursuant to Section 14 of the Exchange’s Amended Listing Rules for Real Estate Investment Trusts. For your information and guidance.

Other Relevant Information

BPI Capital Corporation, the Lead Local Underwriter, for the Initial Public Offering (“IPO”) of RL Commercial REIT, Inc. (“RCR” or the “Company”), provided the Exchange the attached Implementing Guidelines for Local Small Investors (“LSIs”), including the User Guide for the PSE EASy.

Please be informed that all LSI subscriptions to the IPO of the Company shall be coursed through the PSE EASy website at https://easy.pse.com.ph.

An LSI Applicant should nominate an active REIT-eligible trading participant of the PSE (“Eligible TP”), otherwise known as a stock broker, which will create the LSI Applicant’s Name on Central Depository (“NoCD”) account through which his/her shares will be lodged.

An LSI Applicant shall likewise consent to the creation by the Eligible TP of such NoCD account, otherwise, the LSI Application shall not be accepted. Please bear in mind that the NoCD account is required and that Eligible TPs are the only brokers allowed to trade REIT shares pursuant to Section 14 of the Exchange’s Amended Listing Rules for Real Estate Investment Trusts.

For your information and guidance.

Filed on behalf by:

Name	Norberto Moreno Jr.
Designation	Listings Department