Kenedix : Notice Concerning Upgrade of Credit Rating from A to A+

News Release

June 9, 2022

Kenedix, Inc.

Notice Concerning Upgrade of Credit Rating from A to A+

Kenedix, Inc. hereby announced that the Rating and Investment Information, Inc. (R&I) today had upgraded the credit rating of the Kenedix, Inc. as follows.

Details of Credit Rating

	Credit Rating Agency		Type of Credit Rating		Before the change		After the change
	R&I		Issuer Rating		A		A+
		(Outlook)		(Stable)		(Stable)

For details concerning the above credt ratings, please refer to R&I's website or contact R&I.

(Reference) Rating and Investment Information, Inc.: https://www.r-i.co.jp/en/

Please note that this document is a translation of the official announcement that was released in Tokyo. The translation is prepared and provided for the purpose of the readers' convenience only. All readers are strongly recommended to refer to the original Japanese version of the news release for complete and accurate information.

[Contact for inquiries regarding this matter]

Finance & Accounting Department, Kenedix, Inc. Tel：[phone]