Frontier Real Estate Investment : Notice Concerning Scheduled Change of Representative Director at Asset Management Company

Translation Purpose Only

March 1, 2024

To All Concerned Parties

6-8-7 Ginza, Chuo-ku, Tokyo

Frontier Real Estate Investment Corporation

Takao Iwadou, Executive Director

(Securities Code: 8964)

Asset Management Company:

Mitsui Fudosan Frontier REIT Management Inc.

Shintaro Ono

Chief Executive Officer and Representative Director

Inquiries:

Mitsui Fudosan Frontier REIT Management Inc.

Teruyuki Hayashi

Chief Finance Officer and Director

Tel: [phone]

Notice Concerning Scheduled Change of Representative Director

at Asset Management Company

Frontier Real Estate Investment Corporation (the "Investment Corporation") hereby announces that the Board of Directors of Mitsui Fudosan Frontier REIT Management Inc., the Investment Corporation's

asset management company, is scheduled to be changed as follows.

1. Representative Director scheduled to be appointed (on April 1, 2024)

Director	Shigekazu Yokochi
Brief biography attached.

2. Representative Director scheduled to resign (on March 31, 2024)

Director	Shintaro Ono
Shigekazu	Yokochi is scheduled to be appointed as a Representative Director at the Asset

Management Company's Board of Directors, following an appointment of a Director by the approval of

the General Meeting of Shareholders. He is scheduled to be appointed as a new Representative Director on April 1, 2024.

In connection with this matter, in accordance with the provisions of the Financial Instruments and Exchange Act, the Building Lots and Building Transaction Business Act and other related laws and regulations, we will carry out procedures such as necessary notifications, as required.

Translation Purpose Only

					(Attachment)
Brief Biographies
Name			Brief Biography
	November 2000	joined Mitsui Fudosan Co., Ltd.
	April 2011	Executive	Manager of Planning Group of Solution Services
		Planning Department of Real Estate Solution Services Division
		of the same
	April 2014	Executive Manager of Solution Services Group of Solution
		Services Department of Real Estate Solution Services Division
		of the same
Shigekazu	April 2018	General	Manager of	Logistics Properties Leasing and
Yokochi
	Marketing	Department	of Logistics	Properties Business
		Division of the same
	April 2022	General Manager of Logistics Properties Operation Department
		of Logistics Properties Business Division of the same (current)
	April 2024	to be seconded to Mitsui Fudosan Frontier REIT Management
		Inc. and appointed as Chief Executive Officer and
		Representative Director (planned)

Frontier Real Estate Investment website: http://www.frontier-reit.co.jp/eng/

Disclaimer

This information was originally publicized in the original Japanese language and has been translated for reference purposes only. Frontier Real Estate Investment Corporation guarantees neither the completeness nor the accuracy of this English translation. For complete and accurate information, please refer to the press release in Japanese. In addition, this pres release is not prepared as an inducement or invitation for investment. All readers are advised to consult their own investment advisors before investing in the Investment Corporation. Investment decisions are made at the investor's sole discretion and responsibility and are made at their own risk. The Investment Corporation and its affiliates disclaim any responsibility or liability for the consequence of investment in the Investment Corporation.