Japan Real Estate Investment Corporation announced repayment of the existing long-term loans of JPY 3.5 billion executed on June 15, 2017. Amount of loan JPY 2,500 million from The Iyo Bank Ltd. Interest rate: Base rate (3-month JPY TIBOR published by Japanese Bankers Association (hereinafter JBA)) + 0.100%. Interest payment date: The principal repayment date and the 17th of every March, June, September, and December in the period until the principal repayment date.

Amount of loan JPY 1,000 million from The Hachijuni Bank Ltd. Interest rate: 1.10625% (Fixed). Interest payment date: The principal repayment date and the 17th of every June and December in the period until the principal repayment date. Borrowing date: June 17, 2024.

Method of borrowing: Loan agreement dated June 13, 2024. Unsecured/unguaranteed loan. Method of principal repayment: Lump-sum repayment on the principal repayment date.

Principal repayment date: June 19, 2034.