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

June 10, 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. Hiroshi Kojima, President and CEO Inquiries: Tetsuji Kawakami, CFO and Director (TEL: +81-3-3246-3677) 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 Mizuho Trust & Banking Co., Ltd. Loan Type & Repayment Method Unsecured & unguaranteed, Bullet repayment Lender Loan Amount Interest Rate Date of Loan Date of Maturity 1.0 billion yen 0.21727% June 14, 2022 July 29, 2022 2. Use of Funds To apply the funds toward the repayment of long-term loan ¥1.0 billion concluded on June 14, 2013. 3. Status of Interest-bearing Debt After this Event (Unit: billion yen) Before this Event After this Event Change 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 3.0 158.5 161.5 8.0 169.5 53.8% 98.2% (*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. 4.0 157.5 161.5 8.0 169.5 53.8% 97.6% 1.0 (1.0) － － － － (0.6) 4. Others Regarding the loan repayment risk, there is no important change to the “Investment risks” description in the latest securities report submitted on May 31, 2022. 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.