MORI TRUST REIT, Inc. announced its decision to perform the borrowing of funds ("borrowing") as described. Purpose of the borrowing: MTR has decided to execute the borrowing in order to repay long-term loans payable of JPY 500 million, ("existing loans"), which reach maturity on September 29, 2023 and to increase cash on hand. Details of the borrowing: Category: Long-term loans.

Lender: Development Bank of Japan Inc. Loan amount (million yen): JPY 1,500 million. Interest rate. 0.98380% (Fixed interest rate).

Loan type: Unsecured, Unguaranteed. Repayment method: Lump-sum repayment upon maturity. Drawdown date: September 29, 2023.

Repayment date: September 29, 2028.