Comforia Residential REIT Inc. announced that it decided to proceed with the borrowing of funds. Description of New Borrowing: Long-term Loans: Term 4.5 year, fixed rate. Lender: Daishi Hokuetsu Bank, Ltd; Loan amount JPY 1,000 million; Interest rate: To be determined (Note); Scheduled drawdown date: July 17, 2024; Borrowing Method: Borrowing based on a loan agreement effective July 12, 2024, with the lender stated Above; Interest payment Dates: Interest payments will be first made on August 30, 2024, the last day of each month thereafter, and the principal repayment date (or the business day immediately preceding the concerned date if any concerned date is not a business day).

Principal repayment method: Lump-sum repayment on principal repayment date; Principal repayment date January 17, 2029 (If this date is not a business day, it shall be the following business day. If such day falls in the following month, it shall be the immediately preceding business day.); Security and Guarantee: Unsecured and unguaranteed. Reasons for Borrowing: CRR will appropriate the funds for part of the redemption of the Investment Corporation 6th unsecured bonds of JPY 1,000 million which become mature on July 18, 2024 (the ?Existing Investment Corporation Bonds?).