Notice Regarding Amendment of Articles and Appointment of Officers

Overview of Amendments to the Articles

The investment corporation plans to submit proposals to amend its articles at the 9th Unitholders Meeting on April 22, 2026. Major changes include clarifying the scope of investment to accommodate diversification of borrowing sources, revising articles consequent to the merger of a general incorporated association, amendments to comply with the Act on Promotion of Global Warming Countermeasures, and a full revision of the asset management fee structure. The management fee system will change from a total asset-linked fee to an operating revenue-based fee structure, with a cap set at 10% of operating revenue. The acquisition and transfer fee rate for rental housing within the 23 special wards of Tokyo will be increased to 1.5%, promoting improved portfolio quality.

Officer Appointments and Future Schedule

As the terms of executive officers and supervisory officers expire on May 31, 2026, one executive officer (Tomohiro Odabe) and two supervisory officers (Masamichi Oshima and Aki Sadahiro) are scheduled to be appointed. Additionally, two alternate executive officers (Shogo Monma and Kota Yamada) and one alternate supervisory officer (Hiroko Chiba) will be appointed. Shogo Monma is expected to assume the position of executive officer on April 1, 2026. The 9th Unitholders Meeting is scheduled to be held on April 22, 2026.