Notice of Borrowing of Funds (Finalization of Borrowing Details) and Setting of Interest Rate Swaps

Overview of Fundraising and Borrowings

AEON REIT Investment Corporation will procure 24.3 billion yen of refinancing funds maturing on October 20, 2026. The financing will be structured through multiple syndicated lenders as long-term borrowings without collateral or guarantees. The borrowing execution date and repayment deadline are October 16, 2026 / on or after October 20, 2028, respectively, and repayment will be by lump-sum at maturity. Total borrowings will be recorded as 138,900 million yen in long-term borrowings, and investment corporation bonds will be changed to 48,000 million yen.

Setting of Interest Rate Swaps and Risk Hedging

In connection with this borrowing, long-term interest rate swap agreements will be entered into to hedge the risk of rising interest rates. Specifically, multiple interest rate swap contracts will be executed to fix the effective interest rates at certain levels (for example: Long-term 4 effective 3.1480%, Long-term 5 effective 3.3330%, Long-term 6 effective 3.5273%, Long-term 7 effective 3.7450%, Long-term 8 effective 3.7250%). All start on October 20, 2026, and maturities range from 2031 to 2034.