Daiwa Securities Living Investment Corporation has decided to refinance the borrowings of JPY 2,900 million in total. The Investment Corporation has decided to enter new borrowings for purpose of refinancing the existing borrowings of totaling JPY 2,900 million, which are due for repayment on October 31, 2024. JPY 1,200 million taken from Resona Bank, Limited, drawdown date is October 31, 2024 and due date is October 29, 2032.

JPY 1,000 million taken from Mizuho Bank Ltd., drawdown date is October 31, 2024 and due date is October 29, 2032. JPY 700 million taken from Mizuho Trust & Banking Co. Ltd., drawdown date is October 31, 2024 and due date is October 29, 2032.