ICHIGO OFFICE REIT INVESTMENT CORPORATION 
By Creating peace of mind through honest and committed management.
[Provisional Translation Only]
This English translation of the original Japanese document is provided solely for information purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.
February 25, 2013
REIT Issuer
Ichigo Real Estate Investment Corporation (8975)
1-1-1, Uchisaiwaicho, Chiyoda-ku, Tokyo
Representative: Yoshihiro Takatsuka, Executive Director
Asset Management Company
Ichigo Real Estate Investment Advisors Co., Ltd.
Representative: Wataru Orii, President & Representative Statutory Executive Officer
Inquiries: Minoru Ishihara, Executive Vice President & Statutory Executive Officer
Tel: 03-3502-4891
Ichigo Real Estate Investment Advisors Co., Ltd. ("IRE"), the asset management company of Ichigo Real Estate Investment Corporation ("Ichigo REIT"), decided today on the following changes to corporate directors and key personnel.
1. Corporate Directors (subject to shareholder meeting approval, May 2013)
As a Japanese firm that operates with a board committee structure, two thirds of Ichigo's board members are independent external directors in order to strengthen corporate governance.
Name | New Position | Current Position (as of February 25, 2013) |
Scott Callon | Director | Unchanged |
Kenji Iwasaki | Director | Unchanged |
Minoru Ishihara | Director | Unchanged |
Katsu Fujita | Independent External Director | Unchanged |
Tetsuya Fujita | Independent External Director | Unchanged |
Maki Kumagai | Independent External Director | Unchanged |
Noriko Kawate | Independent External Director | Unchanged |
Daisuke Kotegawa (New) | Independent External Director | N/A |
Lee Fitzgerald (New) | Independent External Director | N/A |
Note: Director Candidates Scott Callon and Lee Fitzgerald will receive no compensation from IRE.
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Profile of New Candidates for Corporate Directors
Name Daisuke Kotegawa
Date of Birth May 3, 1951
Career Summary
April 1975 Joined the Ministry of Finance (MOF)
June 1996 Director, Securities Business Division, Securities Bureau, MOF
June 1998 Director, Coordination Division, Supervisory Department, Financial
Services Agency (FSA)
July 2003 Deputy Director-General, Minister's Secretariat, MOF July 2005 Director-General, Kanto Regional Finance Bureau, MOF July 2006 Deputy Director-General, Finance Bureau, MOF
July 2007 Executive Director for Japan, International Monetary Fund (IMF)
February 2011 Research Director, The Canon Institute for Global Studies (Current) May 2011 External Director, PARCO CO., LTD. (Current)
May 2012 Director, SEKIDO Co., Ltd. (Current)
Name Lee Fitzgerald
Date of Birth July 17, 1975
Career Summary
September 1998 Enterprise Ireland, Irish Government Export and Trade Development
Agency, Japan
September 2000 XIAM
April 2002 PolarLake Limited
June 2007 Partner, Ichigo Asset Management International, Pte. Ltd. (Current)
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2. Statutory Executive Officers (effective March 1, 2013)
Name | New Position | Current Position (as of February 25, 2013) |
Kenji Iwasaki | Chairman & Statutory Executive Officer (Overall Company Management) | Unchanged |
Wataru Orii | President & Representative Statutory Executive Officer (Overall Company Management, Sales & Acquisitions) | President & Representative Director (Overall Company Management) |
Takumi Naito | Executive Vice President & Representative Statutory Executive Officer (Asset Management) | Unchanged |
Minoru Ishihara | Executive Vice President & Statutory Executive Officer | Executive Vice President & Statutory Executive Officer (Administration) |
Kenji Shibasaki | Senior Executive Managing Director & Statutory Executive Officer (Finance) | Unchanged |
Shinichi Fukasawa | Senior Statutory Executive Officer (Sales & Acquisitions) | Senior Statutory Executive Officer (Sales & Acquisitions 1) |
Takayoshi Hiiro* (New) | Senior Statutory Executive Officer (Sales & Acquisitions) | N/A |
Kenji Goto | Statutory Executive Officer (Sales & Acquisitions) | Statutory Executive Officer (Sales & Acquisitions 2) |
Masanori Kubota | Statutory Executive Officer (Sales & Acquisitions) | Unchanged |
* Effective April 1, 2013
Note: Effective March 1, 2013, Kazuya Sahashi, Executive Vice President & Representative Statutory Executive Officer, will become an Advisor to Ichigo Group Holdings Co., Ltd. ("IGH"). Masaya Hiruta, Executive Managing Director & Statutory Executive Officer will become a Director of Takara Building Maintenance Co., Ltd. Kenichi Nagao, Senior Statutory Executive Officer, will become an IGH Statutory Executive Officer.
3. Key Personnel (effective March 1, 2013)
Name | New Position | Current Position (as of February 25, 2013) |
Tetsuya Takeda | Sales & Acquisitions | Sales & Acquisitions, Head of Portfolio Management |
Masaaki Yajima | Deputy Head of Asset Management | Head of Asset Management 1 |
Hirohito Tajitsu | Head of Administration (Business Planning, Risk Management) | Head of Business Planning & Business Management |
Junichi Kawanishi | Head of Compliance | Unchanged |
Note: Shigeo Sawahata will transfer to IGH Real Estate Services.
These changes in organization, corporate directors, and key personnel will be conducted in accordance with the provisions of the Financial Instruments and Exchange Law, the Building Lots and Buildings Transaction Business Law, and other applicable laws and regulations.
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IRE Organizational ChartBefore Change
Nominating
Committee
Aud it Co mmittee
Compensation
Committee
In vestment Man agement Co mmittee
