Japan Metropolitan Fund Investment Corporation (JMF) announced the refinancing of existing borrowings as outlined. Refinancing: JMF will refinance the existing loan (borrowing amount of JPY 3,900 million) maturing on January 31, 2024, as outlined . The difference of JPY 500 million between the outstanding amount reaching maturity date and the new loan amount will be repaid by cash on hand.

Lender: Mizuho Bank Ltd. Loan Amount: ¥1,500 Million; Loan Term: 10 years; Interest Rate: Fixed, To be determined; Anticipated Borrowing Date: January 31, 2024; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; Repayment Date: January 31, 2034. Lender: MUFG Bank Ltd. Loan Amount: ¥1,400 Million; Loan Term: 10 years; Interest Rate: Fixed, To be determined; Anticipated Borrowing Date: January 31, 2024; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; Repayment Date: January 31, 2034. Lender: Mizuho Bank Ltd. Sumitomo Mitsui Banking Corporation Development Bank of Japan Inc. MUFG Bank Ltd. Loan Amount: ¥3,000 Million; Loan Term: 7 years; Interest Rate: Fixed, 0.809%; Borrowing Date: January 31, 2017; Method of Borrowing, Repayment of Principal: Unsecured and unguaranteed, lump sum repayment; Repayment Date: January 31, 2034.