Notice Concerning Borrowing of Funds

Overview of Borrowing of Funds

Hulic REIT, Inc. has decided to borrow a total of 10 billion yen in long-term loans from a consortium of banks centered around Mizuho Bank, Sumitomo Mitsui Banking Corporation, and MUFG Bank. The borrowing is scheduled for execution on February 27, 2026, and the funds will be allocated to refinance existing long-term borrowings. The interest rate applied will be a floating rate of the Zengin 1-month JPY TIBOR plus 0.200% to 0.260%. Repayment will be made in a lump-sum manner with multiple maturities set from August 30, 2030, to February 27, 2032. There are no collateral or guarantees provided.

Purpose and Impact of Borrowing

This borrowing is intended for refinancing existing borrowings, aiming to extend the borrowing period and diversify repayment maturities (maturity dispersion) to maintain stable relationships with existing financial institutions. There is no change in the total interest-bearing debt after execution, remaining at 3,880 million yen in short-term borrowings, 178,016 million yen in long-term borrowings, and 15,000 million yen in investment corporation bonds, totaling 196,896 million yen. Partial or full early repayment of the borrowings is also possible.