MORI TRUST Hotel Reit has decided to execute the long-term borrowing from MUFG Bank Ltd., Sumitomo Mitsui Trust Bank, Limited and Development Bank of Japan Inc. in order to repay long-term loans payable of JPY 7,500 million (existing loans), which reach maturity on November 30, 2021. Amount of funds to be procured: JPY 7,500 million. Specific use of funds to be procured: To be used to repay the existing loans (JPY 7,500 million). Schedule of expenditure: November 30, 2021.