Notice regarding Revisions to Operation Status and Distribution Forecasts for the 2026 August Period and the 2027 February Period

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This IR is a notice that discloses revisions to the operation status and distribution forecast for the 2026 August period and the 2027 February period. Revisions stem from the transfer of the Fukuoka Green Building and the consequent change in assumptions. For the 2026 August period, sales and profits are slightly adjusted from the previous estimates; for the 2027 February period, substantial deviations in sales and profits are expected, but per-share distributions are projected to be raised or maintained at 3,681 yen per share (no excess profit distribution) based on the current total number of investment units of 467,099. Information related to the takeover bid is also disclosed.

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Distributions are communicated to investors with changes in asset composition and profitability of the rental business, and changes in assumptions such as R/EITF, highlighting the risk of distribution variation. It notes that actual results may diverge from the assumptions due to real estate market trends, interest rate movements, and timing of recognition of dispositions and gains, and that revisions to forecasts may be made. It also cautions about the bid period set by City Index Fifth and the associated risk of delisting.