#AdvanceResidenceInvestmentCorporation

Itochu Urban Development Corporation will transfer 1,200 shares (20.00%) of Itochu REIT Management Corporation it holds to Itochu Corporation as of April 1, 2026, resulting in a change in the major shareholder.

On March 27, 2026, Advance Residence Investment Corporation will borrow long-term funds of 2,000 million yen from Shinkin Central Bank at an interest rate of 2.31500% with a repayment period of 9 years

As of March 24, 2026, an interest rate swap agreement was executed for long-term borrowings of 500 million yen (variable interest rate), hedging with an effective fixed interest rate of 2.62900% for 7.5 years.

Operating revenue for January 2026 was 20,653 million yen (0.6% increase YoY), net income attributable to owners of parent was 9,219 million yen (0.9% increase YoY), and distribution per unit increased to 3,220 yen. Total assets stood at 500.1 billion yen with 287 properties held. Distribution payments are scheduled to start on April 16, 2026.

Advance Residence Investment Corporation's asset management company, Itochu REIT Management Ltd., will establish a "New Business Office" within the Private Placement Business Headquarters effective April 1, 2026, and begin examining new investment schemes.

Borrowings totaling 2.5 billion yen were made on March 24 and 27, 2026, with a scheduled repayment of 500 million yen on the same day. The purpose is to refinance borrowings.

On February 27, 2026, a long-term borrowing of 2,500 million yen was carried out. Of this, 1,000 million yen is fixed rate at 1.84000%, and 1,500 million yen is variable rate effectively fixed through an interest rate swap agreement.

Advance Residence Investment Corporation has decided to transfer the trust beneficiary rights of Residia Bunkyo Yushima II to Taisei Yuraku Real Estate Co., Ltd. for 1,617 million yen.

On February 27, 2026, a total borrowing of 2,500 million yen was executed, and as of February 25, 2026, the interest rate for long-term borrowings of 3,190 million yen was set at 2.19000%.

As of January 30, 2026, the fixed interest rate for ¥2,500 million out of ¥4,400 million in long-term borrowings was set at 1.49380%. An interest rate swap agreement was concluded for ¥2,100 million borrowed on April 30, 2025.

On January 26, 2026, Advance Residence Investment Corporation concluded an interest rate swap agreement on long-term borrowings of 2,000 million yen to hedge interest rate fluctuation risk.

Advance Residence Investment Corporation plans to execute borrowings totaling 4.4 billion yen on January 30, 2026, and intends to repay borrowings with maturity dates on the same day.