Japan Real Estate Investment : Announcement of GRESB Assessment Results (5 Stars, the Highest Evaluation)

NEWS RELEASE

October 15, 2021

For Immediate Release

Investment Corporation

Japan Real Estate Investment Corporation

Yutaka Yanagisawa, Executive Director

(TSE code: 8952)

Asset Management Company

Japan Real Estate Asset Management Co., Ltd.

Naoki Umeda, President & CEO

Contact: Masaru Motooka

Executive Officer & General Manager

Planning Department

Phone: +81‐3‐3211‐7951

Announcement of GRESB Assessment Results

(5 Stars, the Highest Evaluation)

Japan Real Estate Investment Corporation ("JRE") hereby announces that it has received the highest evaluations in both "GRESB Real Estate Assessment" and "GRESB Public Disclosure" in the 2021 GRESB results.

Results of 2021 GRESB Assessment

(1) GRESB Real Estate Assessment

JRE has received 5 Stars, the highest in the GRESB Rating classification, which is a relative assessment based on the total score, for the fourth consecutive year and the "Green Star" designation for the sixth consecutive year. "Green Star" is given to the companies that excelled in both "Management Component" and "Performance Component".

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1. GRESB Public Disclosure

For the fourth year in a row, JRE has also received an "A" rating, the highest rating given under the five‐level GRESB Public Disclosure, which evaluates the level of ESG‐related information disclosure.

Going forward, JRE will continue to take sustainability seriously in its asset management. For more information on our ESG initiatives, please visit the following ESG website.

JRE's ESG website:https://jre‐esg.com/en/

This is the English translation of the announcement in Japanese dated October 15, 2021.

No assurance or warranties are given for the completeness or accuracy of this English translation.

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