Premier Investment Corporation ("PIC") received and accepted a letter of intent from Shigehito Katsuki, Executive Director of PIC, to resign on June 20, 2019. The company announced that, with the resignation, Takeshi Oodera, a substitute executive director, will assume the post of executive director effective June 21, 2019. Takeshi Oodera was elected a substitute executive director at the general meeting of unitholders on March 27, 2019. Furthermore, he also serve as Director & CFO, Finance Department of Premier REIT Advisors Co. Ltd., the asset management company for PIC.