Advance Residence Investment Corporation (ADR) announced that the existing term loan commitment agreement will be extended as follows. Reason for Renewed Agreement: ADR have established Agreement for the purpose of securing flexible and stable financing. This time, ADR has decided to renew Agreement for the purpose of strengthening long-term and stable fund procurement as follows.

Overview of the Renewed Agreement: Lenders: MUFG Bank Ltd. - Sumitomo Mitsui Trust Bank, Limited Mizuho Bank Ltd. Maximum loan amount - JPY 20 billion Agreement Date - April 30, 2024 Commitment Period: (original agreement) from May 1, 2015 to April 30, 2026 (after extension) from May 1, 2015 to April 30, 2027 Loan Term - one year or shorter Collateral/Guarantee- unsecured and non-guaranteed Use of Funds: The procured funds will be used to acquire properties (including acquisition expenses), to repay existing loans and to redeem maturing investment corporation bonds.