Make The World

More Sustainable

[Provisional Translation Only]

This English translation of the original Japanese document is provided solely for information purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

September 14, 2021

Issuer

Ichigo Office REIT Investment Corporation ("Ichigo Office," 8975) 1-1-1Uchisaiwaicho, Chiyoda-ku,Tokyo

Representative: Yoshihiro Takatsuka, Executive Director

www.ichigo-office.co.jp/en

Asset Management Company

Ichigo Investment Advisors Co., Ltd.

Representative: Hiroshi Iwai, President

Inquiries: Norio Nagamine, Head of Ichigo Office

Tel: +81-3-3502-4891

JCR Raises Credit Rating Outlook

The Japan Credit Rating Agency (JCR) today announced an upward revision to its long- term issuer rating outlook for Ichigo Office.

Credit Rating Agency

Type of Rating

Rating (Rating Outlook)

Before

After

Long-term

A (Stable)

A (Positive)

Japan Credit Rating

Issuer Rating

Agency (JCR)

Bond Rating

A

A

Please refer to JCR's website (www.jcr.co.jp/en) for details of the revision.

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Disclaimer

Ichigo Office REIT Investment Corporation published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 06:31:01 UTC.