Fukuoka REIT Corporation announced that it will conduct the borrowing of funds as described below. The borrowing is a green loan (the Green Loan) to be taken out based on the green finance framework established by FRC. For more information of the green loan and the green finance framework, please refer to the press release Notice Concerning Borrowing of Funds dated June 21, 2022.

Borrowing of funds: Reason for borrowings: Refinancing on existing borrowing. Borrowing 1 (long-term debt: Lender: The Bank of Fukuoka Ltd. Amount: JPY 2.5 billion, Interest rate: Base interest rate (JBA 3-month Japanese Yen TIBOR) + 0.25% (Note 2), Borrowing date: October 31, 2023, Borrowing method: Loan agreement concluded on October 27, 2023, Repayment date: October 31, 2031, Repayment method: Lump-sum upon maturity, Description: No collateral, No guarantee. Borrowing 2 (long-term debt): 1. Lender: MUFG Bank Ltd. Amount: JPY 1.0 billion, Interest rate: To be announced (Note 3) Fixed interest rate, Borrowing date: October 31, 2023, Borrowing method: Loan agreement concluded on October 27, 2023, Repayment date: October 31, 2030, Repayment method: Lump-sum upon maturity, Description: No collateral, No guarantee.

Borrowing 3 (long-term debt): Lender: Sumitomo Mitsui Banking Corporation, Amount: JPY 1.0 billion, Interest rate: To be announced (Note 3) Fixed interest rate, Borrowing date: October 31, 2023, Borrowing method: Loan agreement concluded on October 27, 2023, Repayment date: October 31, 2030, Repayment method: Lump-sum upon maturity, Description: No collateral, No guarantee. Borrowing 4 (long-term debt)): Lender: Mizuho Bank Ltd. Amount: JPY 1.0 billion, Interest rate: To be announced (Note 3) Fixed interest rate, Drawdown date: October 31, 2023, Borrowing method: Loan agreement concluded on October 27, 2023, Repayment date: October 31, 2031, Repayment method: Lump-sum upon maturity, Description: No collateral, No guarantee. Outline of refinancing Lender: The Nishi-Nippon City Bank Ltd., Resona Bank, Limited, The Oita Bank Ltd., The Bank of Nagasaki Ltd., The Bank of Saga Ltd. Amount: JPY 2.0 billion, Interest rate: Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.35%, Borrowing date: September 29, 2023, Borrowing method: Submitted loan application form based on commitment line contract as of February 28, 2023.

Repayment date: October 31, 2023, 7. Repayment method: Lump-sum upon maturity, 8. Description: No collateral, No guarantee, Refinancing 2 (short-term debt): Lender: The Bank of Fukuoka Ltd., Resona Bank, Limited, Amount: JPY 3.5 billion, 3. Interest rate: Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.35%, Borrowing date: September 29, 2023, Borrowing method: Submitted loan application form based on commitment line contract as of July 31, 2023. 6. Repayment date: October 31, 2023.