アドバンス・レジデンス投資法人（3269） – Notice Concerning Debt Financing

January 27, 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 Debt Financing Advance Residence Investment Corporation (ADR) announced today its decision to borrow funds. 1. Debt Financing (draw-down date: February 1, 2022) (1) Details of the Debt Financing Lender Scheduled Amount Interest Rate Repayment Period Principal Repayment Collateral/ Guarantee Planned Draw-down Date Principal Repayment date (JPY:million) The Iyo Bank,Ltd. February 1, 2022 700 Base rate note1 +0.21000% January 30, 2032 10.0 year Pay in full on the maturity date Unsecured Non-guaranteed Note 1 Interest payment dates are the last business day of January, April, July, October, starting April 28, 2022 and ending on the principal repayment date. The JBA 3 month yen TIBOR rate of two business days prior to the latest interest payment date will be used as the base rate to calculate the applicable interest rate for the current calculation period. If the calculation period is less than 3 months, the accrued interest will be calculated using the base rate applicable and according to the method described in the contract. The floating interest rate for the loan will not be announced in the future. Please refer to JBA website for the 3 month yen TIBOR. (http://www.jbatibor.or.jp/english/) To partially fund the acquisition of the actual property (RESIDIA Bunkyo Koishikawa) and payment of related (2) Purpose of the Debt Financing expenses. (3) Scheduled Contract Date of the Debt Financing January 28, 2022 [Provisional Translation] This English translation of the original Japanese document is provided solely for informational purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail. 1 Reference Material: Debt Financing Balance (As of February 1, 2022) Before Refinancing note 2 After Refinancing Increase (Decrease) 100 186,009 186,109 36,600 222,709 100 186,709 186,809 36,600 223,409 (JPY: million) – 700 700 – 700 Short-term Loans note 3 Long-term Loans note 3 Total Loans Corporate Investment Bonds Total interest-bearing debt Note 2 ・As of January 31, 2022 ・It is assumed that the interest-bearing liabilities will change as follows by January 31, 2022. ・The 500 million yen in loan that will become due for repayment on January 31, 2022 will be refinanced with long-term loan of the same amount as of the repayment date, as announced in the press release “Notice Concerning Debt Financing and Repayment of Loans” dated January 25, 2022. In addition, as per the “Notice Concerning Early Repayment of Loan” announced on January 13, 2022 and “Notice Concerning Debt Financing and Repayment of Loans” announced on January 25, 2022, the existing loans of 2,600 million yen will be repaid on January 31, 2022 with the same amount of long-term loan. ・There will be no increase or decrease in loans and investment corporation bonds other than the above. 3 Short-term loans are loans with maturity dates within one year from draw-down date and long-term loans are loans with maturity dates that are 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] This English translation of the original Japanese document is provided solely for informational purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail. 2