Certain Investment Units of Daiwa Securities Living Investment Corporation are subject to a Lock-Up Agreement Ending on 13-APR-2023. These Investment Units will be under lockup for 181 days starting from 14-OCT-2022 to 13-APR-2023.

Details:
Concerning the Public Offering, Daiwa Securities Group Inc. will agree with Daiwa Securities Co. Ltd. not to sell, etc. the investment units during the period from the Pricing Day until 180 days after the delivery date without the prior written consent of Daiwa Securities Co. Ltd. (excluding, however, loans, etc. of the investment units accompanying the secondary offering via over-allotment).

Concerning the Public Offering, Good Time Living Co. Ltd. and Daiwa Real Estate Asset Management Co. Ltd., agrees with Daiwa Securities Co. Ltd not to sell, etc. the investment units during the period from Pricing Day until 180 days after the delivery date without the prior written consent of Daiwa Securities Co. Ltd.. In the above cases, Daiwa Securities Co. Ltd. holds the right to cancel the restriction in part or in whole, shorten the restriction period at its discretion.