いちごオフィスリート投資法人（8975） – New Loans

Make The WorldMore Sustainable [Provisional Translation Only] This 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. June 14, 2022 Issuer Ichigo Office REIT Investment Corporation (“Ichigo Office,” 8975) 1-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo Representative: Yoshihiro Takatsuka, Executive Director www.ichigo-office.co.jp/en Asset Management Company Ichigo Investment Advisors Co., Ltd. Representative: Hiroshi Iwai, President Inquiries: Norio Nagamine, Head of Ichigo Office Tel: +81-3-3502-4891 Ichigo Office decided today to borrow funds via new loans. New Loans 1. Loan Rationale The new loans will be deployed towards acquiring the Ichigo Higashi Ikebukuro 3 Chome Building, as announced in today’s release “Acquisition of Office Asset (Ichigo Higashi Ikebukuro 3 Chome Building).” 2. New Loan Details Loan Date Lender Interest Rate Loan Amount (JPY million) Repayment Date (Loan Term) Repayment Terms Collateralized June 20, 2022 SMBC 950 Mizuho Bank 950 3M JPY TIBOR +0.62% (p.a.)1,2 May 25, 2029 (6.9 years) Lump-sum repayment No 1 Interest payment date is the 25th of every third month following the first interest payment date (the first payment date will be July 25, 2022 and the last payment date will be the same as the principal repayment date). In the event the interest payment date is not a business day, payment shall be made on the following business day. If the following business day falls into the following month, payment shall be made on the previous business day. Ichigo Office will announce the interest rate for the first period (June 20, 2022 to July 25, 2022) after it is determined. 2 Ichigo Office will also execute interest rate swaps on the loans, and will announce the swap interest rates after they are determined. Note: The base rate for the loans will be JPY TIBOR as published by the Japanese Bankers Association (JBA) two business days before each interest payment date. For current JPY TIBOR rates, please visit the JBA’s website: www.jbatibor.or.jp/english/rate 1 3. Earnings Impact The impact of the new loans on Ichigo Office’s October 2022 and April 2023 fiscal period earnings have been reflected in the forecast presented in today’s release “April 2022 Fiscal Period Earnings.” Risks related to the loans have no material impact on the “Investment Risks” described in the latest Financial Report submitted on January 27, 2022. 4. Other 2 Loan and Bond Composition after New Loans Outstanding Loan and Bond Balance Short-term bank loans Long-term bank loans Total bank loans Bonds (JPY million) Before New Loans (A) After New Loans (B) Change (B) – (A) – 104,321 104,321 6,900 111,221 – 106,221 106,221 6,900 +1,900 +1,900 – – Total bank loans and bonds 113,121 +1,900 Distribution of Loan and Bond Maturities Before New Loans ■ Bank Loans (floating rate) ■ Bank Loans (fixed rate) ■ Bonds11,6451,2009,812 8,9088,8461,0008,2679,623 7,6474,600 3,0477,3461,0005,4944,1927,2462,000 6,34610,445 7,9535,591 5,476 4,9474,899 4,1181,0003,118 1,2003,7471,500Oct2022Apr2023Oct2023Apr2024Oct2024Apr2025Oct2025Oct2026Apr2027Oct2027Apr2028Oct2028Apr2029Oct2029Apr2030Oct2030Apr2031Oct2031Apr2032900955600Apr2026After New Loans ■ Bank Loans (floating rate) ■ Bank Loans (fixed rate) ■ New Loans ■ Bonds11,6451,2009,812 8,9088,8461,000(JPY million)5,49410,445 7,9535,591 5,476 4,899 4,1927,246Oct2022Apr2023Apr2024Oct2024Apr2025Oct2025Oct2027Apr2028Oct2028Apr2029Oct2029Apr2030Oct2030Apr2031Oct2031Apr2032Apr2032600Apr2026Oct2026955Apr20271,5009,623 7,647 4,600 3,047 Oct20232,000 2,9002,0009007,3461,0006,3468,2676,8471,9001,2003,747 4,1181,0003,118 3