SANKEI REAL ESTATE Inc. announces its decision made for partial refinancing of its existing loans as follows. 1. Details of the Refinancing Long-term loan Lenders Loan syndicate with Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corporation as the arrangers Borrowing amount JPY 5,900 million. Interest rate: Base rate (JBA 1-month Japanese Yen TIBOR) + 0.3875% (Note 2) Scheduled borrowing date: September 4, 2023 Borrowing method Conclusion of individual loan agreement on August 31, 2023 (scheduled) with the lenders shown above Maturity date April 1, 2027 (Note 3) (Note 4) Repayment method Lump-sum repayment at maturity (Note 5) Interest payment du date The first interest payment due date shall be October 1, 2023, followed by the 1th of every calendar month thereafter, and the maturity date (Note 4) Security Unsecured and non-guaranteed (Note 6).

2. Reason and Target of the Refinancing (1) Reason for the Refinancing To repay JPY 5,900 million yen of the following loan due for repayment on September 4, 2023. (2) Target of the Refinancing Long-term loan: Lenders Mizuho Bank Ltd., Sumitomo Mitsui Banking Corporation, Development Bank of Japan Inc., Mizuho Trust & Banking Co. Ltd., Sumitomo Mitsui Trust Bank, Limited., SBI Shinsei Bank, Limited and Resona Bank, Limited.

Borrowing amount JPY 5,900 million Interest rate 0.36200% Borrowing date September 3, 2019 Borrowing method: Conclusion of individual loan agreement on August 29, 2019, with the lenders shown above. Maturity date September 4, 2023 Repayment method Lump-sum repayment at maturity Interest payment due date: The first interest payment due date shall be December 3, 2019, followed by the 3rd of every March, June, September and December thereafter, and the maturity date. Security Unsecured and non-guaranteed.