Japan Real Estate Investment Corporation announced its decision to procure funds. Reason for the borrowing: Repayment of the existing long-term loan of JPY 5 billion executed on January 31, 2014. Borrowing date: January 31, 2023.

Lender, Amount of loan, Principal repayment date: Development Bank of Japan Inc., JPY 5,000 million, January 31, 2033. Interest rate: 0.9887% (Fixed). Method of borrowing: Loan agreement dated January 27, 2023 (Unsecured/unguaranteed loan).

Interest payment date: The principal repayment date and the 31st day of every January and July in the period until the principal repayment date. repayment date.