SOSiLA Logistics REIT : Notice Concerning Prepayment of Borrowing

August 17, 2022

FOR IMMEDIATE RELEASE

Issuer of REIT securities

1-17-10 Kyobashi, Chuo-ku, Tokyo SOSiLA Logistics REIT, Inc. (SLR)

Representative	Nobuhiko Matsumoto,
	Executive Director
	(Code: 2979)
Asset management company
Sumisho Realty Management Co., Ltd.
Representative	Hideki Yano, President & CEO
Inquiries	Tomoaki Sato,
	General Manager, REIT Management
	Department

TEL: [phone]

Notice Concerning Prepayment of Borrowing

SOSiLA Logistics REIT, Inc. ("SLR") announces today that it decided to prepay borrowing (the "Prepayment"). Details are as follows.

1. Overview of the Prepayment

1. Prepayment amount:
   790 million yen
2. Prepayment date August 31, 2022
3. Source of Funds for Prepayment Cash on hand

1. Details of Borrowing to be Prepaid

		Amount	Repayment	Amount
		outstanding		Borrowing	Repayment
Category	Lender	outstanding	amount	Interest rate	Collateral
after repayment	date	date
		(million yen)	(million yen)
		(million yen)
		400	400	-		December 6,	November 30,
Short-	Sumitomo Mitsui Banking	(Note 1)	Base interest rate	2021	2022	Unsecured
					and non-
term	Corporation	390			+ 0.15%	March 31,	March 31,
390	-	guaranteed
		(Note 2)		2022	2023

(Note 1) Please refer to the press release "Notice Concerning Debt Financing" dated November 16, 2021 and "Notice Concerning Debt Financing (Decision on Lender)" dated December 2, 2021, for details of the borrowing.

(Note 2) Please refer to the press release "Notice Concerning Debt Financing" dated November 16, 2021 and "Notice Concerning Debt Financing (Lenders and Green Loan)" dated March 25, 2022, for details of the borrowing.

3. Impact on Forecasts

The impact of the Prepayment on the investment results of SLR for the fiscal period ending November 30, 2022 (the 6th period; from June 1, 2022 to November 30, 2022) and the fiscal period ending May 31, 2023 (the 7th period; from December 1, 2022 to May 31, 2023) is minor, and the forecasts for investment results remain unchanged.

4. Outstanding Debt Balance after the Prepayment

			(Unit: million yen)
	Before the Prepayment	After the Prepayment	Variance
Short-term borrowings	2,190	1,400	(790)
Long-term borrowings	46,200	46,200	-
Total borrowings	48,390	47,600	(790)
Investment corporation bonds	1,600	1,600	-
Total borrowings and	49,990	49,200	(790)

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5. Other

Regarding the risks associated with the Prepayment, there are no changes in "Investment Risks" stated in the Securities Report, filed on February 24, 2022.

* For more information about SOSiLA Logistics REIT, please visit: https://sosila-reit.co.jp/en/

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