Daiwa House Logistics Trust announced promotion of Yamamura Jun as Chief Executive officer, effective June 1, 2023., Having reviewed and assessed the qualifications, experience and suitability of Mr. Yamamura Jun, the Board of Directors of Daiwa House Asset Management Asia Pte. Ltd., as manager of Daiwa House Logistics Trust, is satisfied that Mr. Yamamura possesses the requisite qualifications and capabilities to assume the responsibilities as the Non-Independent Executive Director and Chief Executive Officer of the REIT Manager and has approved the promotion of Mr. Yamamura, the current Head of Planning to Non-Independent Executive Director and CEO of the REIT Manager. Executive.

Mr. Yamamura will work with the REIT Manager's Board of Directors to determine the strategy for DHLT and other members of the management team of the REIT Manager to ensure DHLT operates in accordance with the REIT Manager's stated investment strategy. In addition, he is also responsible for the overall day-to-day management and operations of DHLT and working with the REIT Manager's investment, asset management, financial and legal and compliance personnel in meeting the strategic, investment and operational objectives for DHLT. Working Experience: August 2021 - May 2023: Head of Planning, Daiwa House Asset Management Asia Pte.

Ltd. April 2021 - July 2021: Senior Chief in Business Development Department, Daiwa House Industry Co. Ltd. April 2020 - March 2021: Assistant to General Manager, Marubeni Corporation February 2017- March 2020: General Manager, Japan REIT Advisors Co. Ltd. a manager of United Urban Investment Corporation April 1999 - January 2017: Manager, Marubeni Corporation.