Advance Residence Investment: Debt Financing and Loan Repayment Notice

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June 8, 2022

For immediate release

Advance Residence Investment Corporation

Securities Code3269

1-105Kanda-Jinbocho, Chiyoda-ku, Tokyo

Wataru Higuchi, General Manager

Asset management company:

ITOCHU REIT Management Co., Ltd.

Junichi Shoji, Managing Director, President

& CEO

Requests:

Isao Kudo, General Manager

PHONE. 0120-938-469

Notice Regarding Debt Financing and Loan Repayment

Advance Residence Investment Corporation (ADR) today announced its decisions to borrow funds to repay a maturing loan.

1. Debt financing (draw date: June 17, 2022)

  1. Debt financing details

(JPY: million)

Intended

Program

Director

Repayment

Director

Collateral/

Lender

Sampling

Interest rate

Repayment

Rising

Period

Repayment

Guarantee

Date

Date

June

Not fixed (Note 1)

June

Pay in full

Not guaranteed

Shinsei Bank

1,000

7.0 years

on the

17, 2022

15, 2029

due date

Not guaranteed

(Note 1) Loan interest rate will be announced separately. Interest payment dates are the last business day of January, April, July, October, beginning July 29, 2022 and ending on the principal repayment date.

1

[Provisional Translation]

This English translation of the original Japanese document is provided for informational purposes only. In the event of any discrepancy between this translation and the Japanese original, the latter shall prevail.

(2) Purpose of Debt Financing

Repay an existing loan due June 17, 2022

(3) Details of loan to be repaid

(JPY: million)

Intended

Program

Director

Repayment

Director

Collateral/

Lender

Sampling

Interest rate

Repayment

Rising

Period

Repayment

Guarantee

Date

Date

December

1.31500% (Note 2)

June

Pay in full

Not guaranteed

Shinsei Bank

1,000

8.5 years

on the

19, 2013

17, 2022

due date

Not guaranteed

(Note 2) The interest rate is fixed by interest rate swap.

Registration document: Debt financing balance (as of June 17, 2022)

JPY: million

Before refinancing(Note 3)

After refinancing

Increase decrease)

Short term loan (Note4)

1,000

1,000

Long term loans (Note4)

189 309

189 309

Total loans

190 309

190 309

Corporate investment bonds

36,600

36,600

Total interest-bearing debt

226 909

226 909

(Note3) As of June 16, 2022

(Note 4) Short-term loans are loans with a maturity of less than one year from the draw date and long-term loans are loans with a maturity of more than one year.

About Advance Residence Investment Corporation

Advance Residence Investment Corporation is the largest residential J-REIT, investing in over 270 rental apartments located primarily in central Tokyo and other major cities in Japan (AUM over 460 billion yen). ADR can be expected to have a stable long-term dividend and can be considered a defensive J-REIT, thanks to stable income from residential assets and with the largest dividend pool among J-REITs.

ADR website: https://www.adr-reit.com/en/

2

[Provisional Translation]

This English translation of the original Japanese document is provided for informational purposes only. In the event of any discrepancy between this translation and the Japanese original, the latter shall prevail.

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