Advance Residence Investment Corporation (ADR) announced its decisions to borrow funds to repay loan coming due. Debt Financing (drawdown date: December 18, 2023) from The Bank of Fukuoka Ltd. for scheduled amount of JPY 1,000 million with interest base rate of +0.18000%, Principal Repayment date is December 17, 2032 and Repayment Period is 9 years. Principal Repayment is Pay in full on the maturity date.

Collateral/Guarantee: Unsecured Non-guaranteed. Details of the Loan to be Repaid: Lender: The Norinchukin Bank and The Bank of Fukuoka Ltd. Planned Drawdown Date is December 18, 2015 for scheduled amount of JPY 2,000 million with interest base rate of 0.60500%, Principal Repayment date is December 18, 2023 and Repayment Period is 8 years. Principal Repayment is Pay in full on the maturity date.

Collateral/Guarantee: Unsecured Non-guaranteed.