NTT UD REIT Investment Corporation received and accepted a letter of intent from Yuichi Kato, Executive Director of NUD, to resign on June 30, 2022. NUD announces that, with the resignation, Takeshi Oodera, a substitute executive director, will assume the post of executive director effective July 1, 2022. Takeshi Oodera Career History: August 2009: General Manager, Corporate Strategy and Planning Department, NTT Urban Development Corporation.

April 2013: General Manager, Internal Audit Office, NTT Urban Development Corporation. July 2018: Director & in charge of Investment Management Department, Premier REIT Advisors Co. Ltd. (currently NTT Urban Development Asset Management Corporation).

August 2018: Director & General Manager of Finance Department, Premier REIT Advisors Co. Ltd. (currently NTT Urban Development Asset Management Corporation). June 2019: Executive Director, Premier Investment Corporation (currently NTT UD REIT Investment Corporation).

July 2019: Head of Corporate Communications Office, Corporate Strategy and Planning Department, NTT Urban Development Corporation Head of Corporate Communications Office, Corporate Strategy and Planning Department, NTT Urban Solutions Inc. July 2020: Executive Director, General Manager of Corporate Strategy Department, Premier REIT Advisors Co. Ltd. (currently NTT Urban Development Asset Management Corporation). April 2021: Director & General Manager of Corporate Strategy Department, NTT Urban Development Asset Management Corporation (current).