April 25, 2022

For Translation Purposes Only

Real Estate Investment Trust Securities Issuer: Samty Residential Investment Corporation 1-8-3 Marunouchi, Chiyoda-ku, Tokyo Masafumi Takahashi, Executive Director

(Securities Code: 3459)

Asset Management Company:

Samty Asset Management Co., Ltd. Masafumi Takahashi, Representative Director Inquiries: Hidekazu Nizawa

Director

Head of Business Management Division Phone: + 81-3-5220-3841

Notice Concerning Upgrade of Credit Rating

Samty Residential Investment Corporation ("Samty Residential") announces that Japan Credit Rating Agency, Ltd.

("JCR") today has upgraded the credit rating of Samty Residential as follows.

1. Content of Credit Rating

Rating Agency

After the Change

Before the Change

Type of Credit Rating

A (Stable)

A-(Positive)

Long-Term Issuer Rating

(Outlook)

JCR

A

A-

Bond Rating

2. Reasons for the Change of Rating

Please refer to JCR's website(https://www.jcr.co.jp/en/)for details concerning the reasons for the change.

*Samty Residential Investment Corporation website:https://www.samty-residential.com/en/

Disclaimer: This translation is for informational purposes only. Neither Samty Residential Investment Corporation nor Samty Asset Management

Co., Ltd. guarantees the accuracy or completeness of the translation. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shall prevail.

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Samty Residential Investment Corporation published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 07:08:10 UTC.