Nippon Building Fund Inc. provided notice that the following was decided as of October 27, 2022 concerning long-term borrowings: Lender: The Gunma Bank,Ltd.; Amount Borrowed: ¥1 billion; Interest Rate: 0.539%; Expected Date of Implementation: October 31, 2022 Methods of Borrowing, Repayment, Security and Guarantee etc.: Unsecured, unguaranteed, repayable in one lump sum on repayment due date; Repayment Due Date: October 31, 2029. Lender: The Keiyo Bank,Ltd., THE SHIGA BANK,LTD., The Joyo Bank Ltd. and The Norinchukin Bank; Amount Borrowed: ¥1 billion from each; Interest Rate: 0.616%; Expected Date of Implementation: October 31, 2022; Methods of Borrowing, Repayment, Security and Guarantee etc.: Unsecured, unguaranteed, repayable in one lump sum on repayment due date; Repayment Due Date: October 31, 2030. Lender: Nippon Life Insurance Company; Amount Borrowed: ¥5 billion; Interest Rate: 0.712%; Expected Date of Implementation: October 31, 2022; Methods of Borrowing, Repayment, Security and Guarantee etc.: Unsecured, unguaranteed, repayable in one lump sum on repayment due date; Repayment Due Date: April 30, 2032; Lender: The Iyo Bank Ltd.; Amount Borrowed: ¥1 billion; Interest Rate: 0.156%; Expected Date of Implementation: October 31, 2022; Methods of Borrowing, Repayment, Security and Guarantee etc.: Unsecured, unguaranteed, repayable in one lump sum on repayment due date; Repayment Due Date: October 29, 2032; Lender: Kansai Mirai Bank, Limited, THE SHIGA BANK,LTD., THE HACHIJUNI BANK,LTD., The Bank of Fukuoka Ltd. and The Yamanashi Chuo Bank Ltd.; Amount Borrowed: ¥1 billion from each; Interest Rate: 0.767%; Expected Date of Implementation: October 31, 2022; Methods of Borrowing, Repayment, Security and Guarantee etc.: Unsecured, unguaranteed, repayable in one lump sum on repayment due date; Repayment Due Date: October 29, 2032.

Lender: The Yamaguchi Bank,Ltd.; Amount Borrowed: ¥1 billion; Interest Rate: 0.855%; Expected Date of Implementation: October 31, 2022; Methods of Borrowing, Repayment, Security and Guarantee etc.: Unsecured, unguaranteed, repayable in one lump sum on repayment due date; Repayment Due Date: October 31, 2033. Lender: SUMITOMO LIFE INSURANCE COMPANY; Amount Borrowed: ¥1 billion; Interest Rate: 0.931%; Expected Date of Implementation: October 31, 2022; Methods of Borrowing, Repayment, Security and Guarantee etc.: Unsecured, unguaranteed, repayable in one lump sum on repayment due date; Repayment Due Date: October 31, 2034. Amount, Use and Expected Date of Expenditure of Proceeds: Amount to be borrowed Total ¥18 billion; Specific use of proceeds Appropriate for funding of acquisition of assets as announced by the "Notice of Acquisition of Assets (Acquisition of Toyosu Bayside Cross Tower)" dated September 30, 2022 and refinancing of short-term borrowings (Mizuho Trust & Banking Co.

Ltd. and Resona Bank, Limited.) in October 2022, together with cash on hand.; and Expected date of expenditure October and November, 2022.