Japan Logistics Fund, Inc. (JLF) announced that it has decided to raise funds through the bank loan. The loan will be executed based on the Green Finance Framework established by JLF. Use of Proceeds: Proceeds will be used to repay existing loan due March 29, 2024.

Details of the New Loan: Lender - Sumitomo Mitsui Trust Bank, Limited (Green Loan), amount of loan - JPY 1,000 million, Interest rate - 1- month JPY TIBOR by Japanese Bankers Association + 0.33%, Term of loan - 7.0 years, Borrowing date - March 29, 2024, Repayment date - March 31, 2031 and Assets to be appropriated - Sagamihara Logistics Center. The Bank Loan to be Repaid: Lender - Sumitomo Mitsui Trust Bank, Limited (Green Loan), amount of loan - JPY 1,000 million, Interest rate - 1- month JPY TIBOR by Japanese Bankers Association + 0.19%, Term of loan - 9.0 years, Borrowing date - March 31, 2015, Repayment date - March 29, 2024.