Notice Regarding Partial Amendment to the Asset Management Company’s Operation Guidelines

Summary of Changes

The asset management company of this investment corporation resolved at its board of directors meeting to partially amend its operation guidelines, expanding the definition of investment areas to major cities nationwide and their surrounding areas from the perspective of external growth. Use categories have been newly clarified into three classifications: industrial infrastructure assets, daily-life infrastructure assets, and other assets. Consequently, the investment ratio to industrial-area-related zones will in principle remain at 10% or less. The changes are planned to take effect on October 29, 2026, conditional upon approval of an amendment to the articles of incorporation. A timely report under the Financial Instruments and Exchange Act will be submitted to the Kanto Local Finance Bureau.

Background and Future Impact

As part of promoting external growth under the growth roadmap of 'internal growth, external growth, and financial strategy,' the area expansion and clarification of use categories will be implemented. For investors, this is expected to expand investment opportunities and increase transparency and clarity of portfolio management criteria. Upon approval of the articles amendment, asset acquisitions under the new area requirements may become possible, potentially affecting future portfolio rebalancing and target selection.