Samty Residential Investment : Notice Concerning the Change of Credit Rating Outlook

April 23, 2021

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

Business Management Division

Phone: + 81-3-5220-3841

Notice Concerning the Change of Credit Rating Outlook

Samty Residential Investment Corporation ("Samty Residential") announces that Japan Credit Rating Agency, Ltd. ("JCR") today has changed the Long-Term Issuer Rating outlook of Samty Residential as follows.

1. Content of the Change
	Rating Agency	Type of Credit Rating	Before the Change	After the Change
	JCR	Long-Term Issuer Rating	A-	A-
	Outlook	Stable	Positive

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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