GLP J-REIT announced the borrowing of funds and the signing of interest rate swap agreements. Details of the borrowings to be repaid: Lender: Sumitomo Mitsui Trust Bank, Limited. Loan amount: JPY 1,150 million, Interest rate: 0.556%, Drawdown date: December 20, 2016.

Borrowing method: Borrowing based on the term loan agreement dated December 16, 2016 (including extended agreements) with the lender. Repayment date: December 20, 2023. Repayment method: Lump-sum repayment on repayment date.

Security: Unsecured Not guaranteed. Sumitomo Mitsui Trust Bank, Limited. Loan amount: JPY 1,250 million.

Interest rate: 0.309%, Drawdown date: December 20, 2018. Borrowing method: Borrowing based on the respective term loan agreements dated December 18, 2018 (including extended agreements) with the lenders. Repayment date: December 20, 2023.

Repayment method: Lump-sum repayment on repayment date. Security: Unsecured Not guaranteed. Development Bank of Japan Inc. Loan amount: JPY 1,250 million, Interest rate: 0.309%, Drawdown date: December 20, 2018.

Borrowing method: Borrowing based on the respective term loan agreements dated December 18, 2018 (including extended agreements) with the lenders. Repayment date: December 20, 2023, Repayment method: Lump-sum repayment on repayment date. Security: Unsecured Not guaranteed.

Details of the New Borrowings: Lenders: Sumitomo Mitsui Trust Bank, Limited. Loan amount: JPY 1,150 million, JPY 1,250 million respectively. Interest rate: Base rate plus 0.220%, Base rate plus 0.170% respectively.

Drawdown date: December 20, 2023. Borrowing method: Borrowing based on the respective term loan agreements dated December 18, 2023, with the lenders. Repayment date: December 20, 2030, July 31, 2028 respectively.

Repayment method: Lump-sum repayment on repayment date. Security: Unsecured Not guaranteed. Lenders Development Bank of Japan Inc. Loan amount: JPY 1,250 million, Interest rate: Base rate plus 0.195%, Drawdown date: December 20, 2023.

Borrowing method: Borrowing based on the respective term loan agreements dated December 18, 2023, with the lenders. Repayment date: July 31, 2028, Repayment method: Lump-sum repayment on repayment date. Security: Unsecured Not guaranteed.