日本アコモデーションファンド投資法人（3226） – Notification of Borrowing Funds

March 29, 2022 To All Concerned Parties Issuer of Real Estate Investment Trust Securities: Nippon Accommodations Fund Inc. Takashi Ikeda, Executive Director (TSE Code: 3226) Investment Trust Management Company: Mitsui Fudosan Accommodations Fund Management Co., Ltd. Tateyuki Ikura, President and CEO Inquiries: Tetsuji Kawakami, CFO and Director (TEL: +81-3-3246-3677) Loan Type & Repayment Method Unsecured & unguaranteed, Bullet repayment Notification of Borrowing Funds This is a notification that Nippon Accommodations Fund Inc. (“NAF”) decided to borrow funds as shown below. 1. Details of Loans Lender Loan Amount Interest Rate Date of Loan Date of Maturity The Iyo Bank, Ltd. 1.0 billion yen 0.26727 %* March 31, 2022 March 31, 2032 * The interest rate will be applied from March 31, 2022 to June 29, 2022. The interest rate applicable on and after June 30, 2022 shall be calculated based on the three-months JBA Japanese Yen TIBOR released two business days prior to the last day of each calendar month (if such date is not a bank business day, the bank business day immediately preceding the concerned date) + 0.20%. Please refer to the JBA TIBOR Administration’s website (http://www.jbatibor.or.jp/english/) for the three-months JBA Japanese Yen TIBOR. 2. Use of Funds To apply the funds toward the repayment of long-term loan ¥1.0 billion concluded on September 30, 2016. 3. Status of Interest-bearing Debt After this Event (Unit: billion yen) Before this Event After this Event Short-term debt Long-term debt Total debt Investment corporation bonds Total interest-bearing debt Interest-bearing debt ratio Long-term interest-bearing debt ratio 2.0 157.5 159.5 8.0 167.5 53.5% 98.8% (*1) The following formula was used to calculate the interest-bearing debt ratio. (interest bearing debt ratio) = (interest bearing debt) ÷ (interest bearing debt + unitholders’ capital) X 100 The unitholders’ capital as of today (145,449,910 thousand yen) was used. (*2) (long term interest bearing debt ratio) = (long term debt + investment corporation bonds) ÷ (interest bearing debt) X 100 (*3) All calculations of ratios were rounded to one decimal place. 2.0 157.5 159.5 8.0 167.5 53.5% 98.8% Change － － － － － － － 4. Others Regarding the loan repayment risk, there is no important change to the “Investment risks” description in the latest securities report submitted on November 30, 2021. NAF website: https://www.naf-r.jp/english/ Please note that this English translation of the Japanese original document is provided solely for information purposes. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.