XYMAX REIT Investment Corporation received a notification that Shotaro Kanemitsu, Executive Director of XYMAX REIT will resign on May 31, 2024. Accordingly, Yasushi Yamaguchi, a Substitute Executive Director, will be appointed as a new Executive Director as of June 1, 2024. Yasushi Yamaguchi, a new Executive Director, was elected as a Substitute Executive Director at the Fourth General Meeting of Unitholders held on May 24, 2023.

Yasushi Yamaguchi will continue to serve as a director of XYMAX REAL ESTATE INVESTMENT ADVISORS Corporation, an asset management company of the XYMAX REIT, even after his appointment as an Executive Director of XYMAX REIT. Shotaro Kanemitsu will resign from the advisor of the Asset Management Company on the same date.