Notice Regarding Transfer of Domestic Real Estate Trust Beneficiary Rights

Overview of Transfer

Starts Proceed Investment Corporation has decided to transfer the domestic real estate trust beneficiary rights of the rental housing 'Proceed Nishikasai' (Building 1 and Building 2) located in Seishincho, Edogawa-ku, Tokyo, to a domestic operating company at a scheduled transfer price of 1,176,000 thousand yen. The scheduled transfer date is October 23, 2026, and the expected transfer gain is 210,000 thousand yen. The transferee is not a related party, and the transfer will be conducted based on a forward commitment contract.

Reason for Transfer and Future Outlook

This transfer is implemented as part of a replacement strategy, considering the aging of the buildings: 32 years for Building 1 and 40 years for Building 2, along with future expenses for equipment renewal and maintenance management burden. The transfer proceeds will be used as on-hand funds for future investment opportunities and financial management, with appropriate uses considered to enhance investor value. Note that revisions to the operational status and dividend forecasts for the fiscal year ending October 2026 have been published separately.