Advance Residence Investment : Correction Notice on Leasing Contract with Green Lease Provision in the Fiscal Period January-2023

May 1, 2023

For Immediate Release

Advance Residence Investment Corporation

Securities Code：3269

1-105Kanda-Jinbocho,Chiyoda-ku, Tokyo

Wataru Higuchi, Executive Director

Asset Management Company:

ITOCHU REIT Management Co., Ltd.

Junichi Shoji, Representative Director,

President & CEO

Inquiries:

Isao Kudo, Director

TEL. [phone]

Correction Notice on Leasing Contract with Green Lease Provision

in the Fiscal Period January-2023

Advance Residence Investment Corporation (ADR) announced today that the following corrections have been made due to an error of leasing contract with green lease provision in the Fiscal Period January-2023. The accurate information is provided below.

1. Corrections (corrections are underlined) (Before correction)

Initiatives	Proportion of total portfolio	Change
Leasing contract with Green	Approx.74.2%	+11.2pt.
Lease Provision
(After correction)
Initiatives	Proportion of total portfolioNote	Change
Leasing contract with Green	Approx.64.4%	+1.4pt.
Lease Provision

Note The proportion of total portfolio of leasing contract with green lease provision is calculated based on the number of leased units.

The impact of this correction on investors' investment decisions has been deemed minor.

• Website address of ADR:https://www.adr-reit.com/en/

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[Provisional Translation Only]

English translation of the original Japanese document is provided solely for information purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.