Advance Residence Investment Corporation (ADR) announced its decisions to borrow funds to repay Loan coming due. This loan is a green loan to be executed in accordance with the Green Finance Framework (hereinafter referred to as the "Framework") developed by ADR and this is the first green loan for ADR. Going forward, ADR will continue to promote ESG considerations in its asset management and enhance financing base by procuring funds through green finance. Debt Financing (drawdown date: March 29, 2024): Details of the debt financing: Lender: Sumitomo Mitsui Trust Bank, Limited (Green Loan), Planned Drawdown Date is March 29, 2024, Loan Amount is JPY 1,500 million with Base rate of +0.21000%, Principal Repayment date: March 31, 2034, Repayment Period: 10.0 year, Principal Repayment: Pay in full on the maturity date, Collateral/Guarantee: Unsecured Non-guaranteed.

Lender: Sumitomo Mitsui Trust Bank, Limited (Green Loan), Planned Drawdown Date is March 29, 2024, Loan Amount is JPY 1,500 million with Base rate of +0.15500%, Principal Repayment date: March 30, 2029, Repayment Period: 5.0 year, Principal Repayment: Pay in full on the maturity date, Collateral/Guarantee: Unsecured Non-guaranteed.