Hoshino Resorts REIT, Inc. announces that the terms for interest rate swap agreements have been decided and that it has concluded interest rate swap agreements with regard to the debt financing (Contract No. 0070, Contract No. 0071 and Contract No. 0072) announced in "Notice Concerning Debt Financing (Refinancing) and Interest Rate Swap" dated October 22, 2021, as follows. Contract No. of loan agreement: 0070;0071;0072. Counterparty: Nomura Securities Co. Ltd.; Nomura Securities Co. Ltd.; Nomura Securities Co. Ltd. Notional principal: JPY 700,000,000; JPY 1,250,000,000; JPY 2,850,000,000. Fixed interest rate payable: 0.0995%; 0.1125%; 0.1200%. Commencement date: October 29, 2021; October 29, 2021; October 29, 2021. Termination date: October 31, 2024; April 30, 2026; April 30, 2027. Payment date: First payment on January 31, 2022 with subsequent payments on the last day of April, July, October, and January each year and the termination date, respectively.