Tokyu REIT, Inc. announced its decision to undertake debt financing (Green Loan) and repayment. Brief details are as follows. Debt Financing: Rationale: The long-term debt to be repaid fulfills the criteria of the green finance framework formulated in July 2022 as it constitutes funds for refinancing the acquisition funds for CONZE Ebisu which is a specific asset fulfilling the green eligibility criteria and the long-term debt will be refinanced with green loan.

The entire amount of the debt financing Green Loan will be allocated to funds for repayment of the long-term debt due for repayment on December 27, 2023. Repayment of Debt: Lender: Mizuho Bank Ltd. Debt Financing Amount: ¥2,000 million, Interest Rate: 0.61773% (Fixed interest rate), Repayment Method: Lump-sum repayment on maturity, Drawdown Date: June 27, 2017, Repayment Date: December 27, 2023, Maturity Date (Note): December 27, 2023. Period: 6.5 years.