Japan Metropolitan Fund Investment Corporation announces debt financing (refinancing) and early repayment of borrowings as outlined below. Refinancing (total: 5,400 million yen) and Early Repayment of Borrowings (1,000 million yen) To refinance the existing loan (total: 4,400 million yen) which reaches maturity on July 31, 2023, and to early refinance the short-term loan (1,000 million yen) which reaches maturity on December 22, 2023, JMF will make the following refinancing (total: 5,400 million yen). Description of refinancing (total: 5,400 million yen): Lender: Mizuho Bank Ltd.; Loan Amount: ¥1,500 Million; Loan Term: 10 years; Interest Rate (Note): Fixed, to be determined; Anticipated Borrowing Date: July 31, 2023; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; and Repayment Date: July 29, 2033.

Lender: Shinkin Central Bank; Loan Amount: ¥1,100 Million; Loan Term: 10 years; Interest Rate (Note): Fixed, to be determined; Anticipated Borrowing Date: July 31, 2023; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; and Repayment Date: July 29, 2033. Lender: The Senshu Ikeda Bank Ltd.; Loan Amount: ¥800 Million; Loan Term: 10 years; Interest Rate (Note): Fixed, to be determined; Anticipated Borrowing Date: July 31, 2023; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; and Repayment Date: July 29, 2033. Lender: Sumitomo Mitsui Banking Corporation; Loan Amount: ¥2,000 Million; Loan Term: 10 years; Interest Rate (Note): Fixed, to be determined; Anticipated Borrowing Date: July 31, 2023; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; and Repayment Date: July 31, 2031.

Description of the short-term loans to be early repaid (1,000 million yen): Lender: Sumitomo Mitsui Banking Corporation; Loan Amount: ¥1,000 million; Repayment Amount: ¥1,000 million; Loan Amount After Repayment: ¥0. Loan Term: 1 year; Interest Rate: Floating, Base interest rate (JBA 1-month yen TIBOR) +0.125%; Borrowing Date: December 23, 2022; Repayment Date: December: 22, 2023; Early Repayment Borrowing Date: July 31, 2023 (Anticipated); and Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment. Lender: Mizuho Bank Ltd.; Loan Amount: ¥1,000 million; Loan Term: 8 year; Interest Rate: Fixed, 1.384 %; Borrowing Date: July 31, 2015; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; and Repayment Date: July 31, 2023. Lender: Mizuho Bank Ltd.; Loan Amount: ¥500 million; Loan Term: 8 year; Interest Rate: Fixed, 1.384 %; Borrowing Date: July 31, 2015; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; and Repayment Date: July 31, 2023.

Lender: Shinkin Central Bank The Senshu Ikeda Bank Ltd.; Loan Amount: ¥1,900 million; Loan Term: 6 year; Interest Rate: Fixed, 0.680%; Borrowing Date: July 31, 2017; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; and Repayment Date: July 31, 2023. Lender: Sumitomo Mitsui Banking Corporation; Loan Amount: ¥1,000 million; Loan Term: 6 year; Interest Rate: Fixed, 0.688%; Borrowing Date: July 31, 2017; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; and Repayment Date: July 31, 2023.