#HankyuHanshinREIT

Acquisition completed on March 27, 2026, of (tentative name) Sugi Pharmacy Daito Goryo Store (land) in Daito City, Osaka Prefecture, for 1,100 million yen.

The scheduled acquisition date for (tentative name) Sugi Pharmacy Daito Goryo Store (land) has been changed from March 31, 2026 to March 27, 2026. The impact on operating status is minimal, and there is no change to forecasts.

Hankyu Hanshin REIT, Inc. executed a new borrowing of JPY 4.8 billion and made early repayments of existing borrowings of JPY 4.8 billion, resulting in no change to total interest-bearing debt, which stands at JPY 86.8 billion.

Effective April 1, 2026, the asset management company will reorganize its structure and establish a new department responsible for financial strategy and growth planning. Changes in the directors and important employees’ positions will be implemented.

Hankyu Hanshin Properties Corp. completed an additional acquisition of 81,185 investment units in this REIT on March 19, 2025, increasing its holdings to 103,585 units with an ownership ratio of 14.90%.

Operating revenue for the fiscal year ending November 2025 was 6,504 million yen (1.3% increase YoY), net income attributable to owners of parent was 2,358 million yen (3.2% decrease YoY), number of investment units issued was 695,200 units, and dividend per unit was 3,389 yen.

The distribution per unit for the fiscal year ending November 2025 is 3,389 yen (89 yen above forecast), achieving the 2027 target level of 3,300 yen ahead of schedule. The annual distribution is planned at 6,600 yen.