Advance Residence Investment Corporation (ADR) announced its decisions to borrow funds to repay loan coming due. Debt Financing (drawdown date: May 31, 2024) from Sumitomo Mitsui Banking Corporation for loan amount of JPY 700 million with interest base rate is Unfixed, Principal Repayment date is May 31, 2028 and Repayment Period is 4 years. Principal Repayment is Pay in full on the maturity date.

Collateral/Guarantee: Unsecured Non-guaranteed. Details of the Loan to be Repaid: Lender: Sumitomo Mitsui Banking Corporation Drawdown Date is November 30, 2018 for Loan amount of JPY 700 million with interest base rate of 0.29940%, Principal Repayment date is May 31, 2024 and Repayment Period is 5.5 years. Principal Repayment is Pay in full on the maturity date.

Collateral/Guarantee: Unsecured Non-guaranteed.