Comforia Residential REIT Inc. (CRR) announced that it decided on September 27, 2022 to execute a Commitment Line Agreement. Reasons for concluding commitment line agreement: CRR decided to enter into the ¥13,500 million commitment line with Mizuho Bank Ltd., Sumitomo Mitsui Trust Bank, Limited, and MUFG Bank Ltd. to secure flexible and stable financing for the potential acquisition of properties and other purposes. The commitment line agreement was established since the existing ¥13,500 million commitment line agreement with Mizuho Bank Ltd., Sumitomo Mitsui Trust Bank, Limited, and MUFG Bank Ltd. will be terminated on September 28, 2022.

Details of commitment line agreement: Counterparties: Mizuho Bank Ltd., Sumitomo Mitsui Trust Bank, Limited, MUFG Bank Ltd. Amount of Borrowing Limit: ¥13,500 million. Date of the agreement: September 27, 2022. Term of the agreement: September 29, 2022 to September 28, 2023.

Security and guarantee: Unsecured and unguaranteed.