Notice Regarding Partial Transfer of Domestic Real Estate Trust Beneficiary Interests (Laforet Harajuku (Land Leasehold): Additional Transfer)

Outline of the Transfer

Mori Hills Reit Investment Corporation resolved to transfer a 10% quasi-co-ownership interest in the trust beneficiary rights of Laforet Harajuku (land leasehold) (two lots of 5% each) totaling ¥4,730 million. The transfer gain is approximately ¥2,510 million, with transfer dates set for July 1, 2026, and December 1, 2026. The transferee is Mori Building Co., Ltd., the parent company of the major investor and asset management company. The transfer will be conducted based on a forward commitment agreement.

Reason for the Transfer and Future Outlook

This property’s business fixed-term leasehold rights are scheduled to expire in September 2030, with contract renewal generally not guaranteed. Due to the need for future measures, a partial segmented transfer is implemented as part of a strategy to realize unrealized gains while advancing mid- to long-term acquisition of new properties. Mori Building Co., Ltd., the transferee, may be involved in future redevelopment, aiming to enhance investor benefits. For future operational status, please refer to the separately released financial summary for the fiscal year ending January 2026.