Daiwa Securities Living Investment Corporation has decided to borrow JPY 3,300 million in total. The Investment Corporation decided to borrow from The Yamaguchi Bank Ltd. an amount of JPY 900 million with interest rate of 3-month JBA Japanese Yen TIBOR+0.5575% (Note); from THE NISHI-NIPPON CITY BANK, LTD. an amount of JPY 900 million with 3-month JBA Japanese Yen TIBOR+0.4325% (Note); and from The Gunma Bank Ltd. an amount of JPY 900 million with an interest rate of 3-month JBA Japanese Yen TIBOR+0.5575% (Note). Drawdown date is April 28, 2022.

Method is Unsecured, Lump-sum repayment on the due date. Due dates are October 31, 2030; April 28, 2028; and October 31, 2030 respectively.