アドバンスＲ（3269） – Notice Concerning Early Repayment of Loan

January 13, 2022 For Immediate Release Advance Residence Investment Corporation Securities Code：3269 1-105 Kanda-Jinbocho, Chiyoda-ku, Tokyo Wataru Higuchi, Executive Director Asset Management Company: AD Investment Management Co., Ltd. Takeshi Takano, President Inquiries: Isao Kudo, Director TEL. +81-3-3518-0480 Notice Concerning Early Repayment of Loan Advance Residence Investment Corporation (ADR) today announced its decision regarding an early repayment of loan (2,600 million yen) as detailed below. 1. Details of the early repayment of loan Loan based on the loan commitment agreement concluded on May 1, 2015 (Note1) Early Repayment Date：January 31, 2022 Drawdown Date Maturity Date Lender October 7, 2021 October 7, 2022 Sumitomo Mitsui Trust Bank, Limited 2,700 2,600 100 MUFG Bank, Ltd. Mizuho Bank, Ltd. (Note1) For details, please refer to the “Notice Concerning Debt Financing” dated September 29, 2021. Loan Outstanding before Early Repayment [A] Early Repayment Amount [B] (JPY million) Loan Outstanding after Early Repayment [A]-[B] 2. Repayment money Long-term loan scheduled to be borrowed on January 31, 2022 will be used to fund the repayment. 1 Reference Status of Interest-Bearing Debts after the Early Repayment of Loan (As of January 31, 2022) (JPY million) Before the Repayment (Note2) After the Repayment (Note3) Difference Short-term Loans (Note4) Long-term Loans (Note4) Total Loans Corporate Investment Bonds Total interest-bearing debt (Note2) As of January 30, 2022 2,700 183,409 186,109 36,600 222,709 100 186,009 186,109 36,600 222,709 (2,600) 2,600 – – – (Note3) It is assumed that the interest-bearing debts will change as follows by January 31, 2022. The 500 million yen repayment of loan and the 2,600 million yen early repayment of loan due on January 31, 2022 will be refinanced with (Note4) Short-term loans are loans with maturity dates within one year from drawdown date and long-term loans are loans with maturity dates that are long-term loans of the same amount as of the repayment date. more than one year away. About Advance Residence Investment Corporation Advance Residence Investment Corporation is the largest residential J-REIT, investing in over 270 rental apartments located mostly in central Tokyo and in other major cities throughout Japan (AUM over 460 billion yen). ADR can be expected have a stable dividend in the long-term and can be considered as a defensive J-REIT, on back of the stable income from residential assets and with the largest dividend reserve among J-REITs. ADR’s website: https://www.adr-reit.com/en/ [Provisional Translation Only] English translation of the original Japanese document is provided solely for information purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail. 2