MORI TRUST REIT, Inc. (MTR) announced its decision on February 27, 2024 to perform the borrowing of funds and extension of credit line agreement (uncommitted): Borrowing Funds: MTR has decided to execute the borrowing in order to repay long-term loans payable of JPY 6,500 million (existing loans), which reach maturity on February 29, 2024. Long-term Unsecured Unguaranteed Lump-sum repayment upon maturity Loan of JPY 1,500 million from Development Bank of Japan Inc. Drawdown Date is February 29, 2024. Repayment Date is February 29, 2028.

Long-term Unsecured Unguaranteed Lump-sum repayment upon maturity Loan of JPY 5,000 million from Mizuho Bank Ltd. Drawdown Date is February 29, 2024. Repayment Date is February 28, 2029. Details of Existing Loans which will be Repaid by the Borrowing: Long-term Loan of JPY 3,000 million from Mizuho Bank Ltd. Drawdown Date is August 30, 2019.

Repayment Date is February 29, 2024. Long-term Loan of JPY 2,000 million from Mizuho Bank Ltd. Drawdown Date is November 29, 2019. Repayment Date is February 29, 2024.

Long-term Loan of JPY 1,500 million from Development Bank of Japan Inc. Drawdown Date is February 28, 2017. Repayment Date is February 29, 2024. MTR has decided extension of Credit Line Agreement in order to ensure flexible fund procurement by extending current agreement.

Details of Extension: Lender: Mizuho Bank Ltd. Maximum Limit for Credit Line is JPY 10,000. Loan Type and Repayment Method: Unsecured/non-guaranteed Bullet payment. Expiration Date (current): February 29, 2024.

Expiration Date (new): February 28, 2025. Lender: Sumitomo Mitsui Banking Corporation. Maximum Limit for Credit Line is JPY 10,000.

Loan Type and Repayment Method: Unsecured/non-guaranteed Bullet payment. Expiration Date (current): February 29, 2024. Expiration Date (new): February 28, 2025.