NIPPON REIT Investment Corporation (NIPPON REIT) announced that it has decided on the following borrowing of funds (the Borrowing): Lender: Loan syndicate with MUFG Bank Ltd. as lead arranger; Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corporation as co- arrangers; Loan amount: JPY 1,350 million. Interest rate: Interest rate of base rate plus 0.2450%. Drawdown date: April 22, 2024.

Repayment date: April 20, 2027. Lender: Loan syndicate with MUFG Bank Ltd. as lead arranger; Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corporation as co- arrangers. Loan Amount: JPY 1,100 million.

Interest rate: Interest rate of base rate plus 0.2900%. Drawdown date: April 22, 2024. Repayment date: April 20, 2028.

Lender: Loan syndicate with MUFG Bank Ltd. as lead arranger; Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corporation as co- Arrangers. Loan amount: JPY 1,800 million. Drawdown date: April 22, 2024.

Repayment Date: August 21, 2028. Lender: Loan syndicate with MUFG Bank Ltd. as lead arranger; Mizuho Bank Ltd. And Sumitomo Mitsui Banking Corporation as co- arrangers. Loan amount: JPY 2,300 million.

Interest rate: Interest rate of base rate plus 0.3300%. Drawdown Date: April 22, 2024. Repayment date: April 20, 2029.

Lender: Loan syndicate with MUFG Bank Ltd. as lead arranger; Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corporation as co- Arrangers. Loan amount: JPY 1,200 million. Interest rate: Interest rate of base rate plus 0.3400%.

Drawdown date: April 22, 2024. Repayment date: August 20, 2029. Lender: Loan syndicate with MUFG Bank Ltd. as lead arranger; Mizuho Bank Ltd. And Sumitomo Mitsui Banking Corporation as co- arrangers.

Loan amount: JPY 1,600 million. Interest rate: Interest rate of base rate plus 0.2450%. Drawdown date: August 20, 2024.

Repayment date: August 20, 2027. Lender: Loan syndicate with MUFG Bank Ltd. as lead arranger; Mizuho Bank Ltd. And Sumitomo Mitsui Banking Corporation as co- Arrangers. Loan amount: JPY 1,000 million.

Interest rate: Interest rate of base rate plus 0.2900%. Drawdown date: August 20, 2024. Repayment date: August 21, 2028.

Lender: Loan syndicate with MUFG Bank Ltd. as lead arranger; Mizuho Bank Ltd. And Sumitomo Mitsui Banking Corporation as co-arrangers. Loan amount: JPY 5,600 million. Drawdown Date: August 20, 2024.

Repayment date: August 20, 2029. Lender: Loan syndicate with MUFG Bank Ltd. as lead arranger; Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corporation as co- Arrangers. Loan Amount: JPY 1,650 million.

Interest rate: Interest rate of base rate plus 0.3600%. Drawdown Date: August 20, 2024. Repayment date: August 20, 2030.