アドバンス・レジデンス投資法人（3269） – Current Effects of COVID19 on Profit Outlook as of February 2022

Current Effects of COVID19 on Profit Outlook as of February 2022 The occupancy rate for February usually tends to increase from January. The occupancy rate for February 2022 was 97.3%, an increase of 0.4pt from previous month. March 2022 is a busy season, and we will review the leasing terms due to the high current This disclosure will be made through March 2022. OverallTokyo Station 10km RadiusTokyo Metropolitan RegionTokyo Station 5km RadiusOther Areas within the 23 Wards of TokyoOther Regions20/320/420/520/620/720/820/9 20/10 20/11 20/12 21/121/221/321/421/521/621/721/821/9 21/10 21/11 21/12 22/122/2occupancy rate. Occupancy rate 100%98%96%94%92%90% 1 1. Occupancy 23rd FP 24nd FP Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Occupancy Rate 96.0% 96.3% 96.2% 96.1% 96.0% 96.9% 97.3% YoY Change -0.2 pt +0.2 pt +0.4 pt +0.3 pt +0.2 pt +1.0 pt +0.9 pt – – – – – – – – – – Period Average Earning Guideline Assumption 97.3% 96.5% +1.3 pt – 2. Changes in the number of monthly new contract rate* and new contracts** 23rd FP 24nd FP Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul 3. Changes in the number of monthly cancellation rate* and cancellations** 24nd FP 23rd FP Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Contract Rate 1.4% 1.4% 1.6% 1.3% 1.4% 2.1% 1.4% YoY Change +0.1 pt +0.1 pt +0.2 pt -0.1 pt -0.1 pt +0.5 pt -0.3 pt Contracts 300 328 356 294 322 503 327 YoY Rate of Change +14.5% +9.3% +24.5% -11.4% -3.6% +34.1% -18.9% Cancellation Rate 1.4% 1.2% 1.7% 1.4% 1.5% 1.2% 1.1% YoY Change -0.1 pt -0.3 pt +0.0 pt +0.0 pt -0.0 pt -0.2 pt -0.2 pt Cancellations 325 281 386 306 327 264 247 YoY Rate of Change -1.2% -12.2% +2.4% -1.6% -5.8% -18.8% -12.7% – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – * The contract (cancellation) rate is calculated by dividing the contracted (canceled) area by the leasable area. ** Only applicable to pass-through contract units. 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/ 2