Sekisui House Reit : Notice Concerning Borrowing of Funds (Determination of Interest Rate)

July 11, 2022

Real Estate Investment Trust Securities Issuer

Sekisui House Reit, Inc.

Representative:	Atsuhiro Kida, Executive Director
	(Securities Code: 3309)
Asset Management Company
Sekisui House Asset Management, Ltd.
Representative:	Toru Abe,
	President & Representative Director
Inquiries:	Koichi Saito, Chief Manager,
	Investor Relations Department
	TEL: [phone] (main)

Notice Concerning Borrowing of Funds (Determination of Interest Rate)

Sekisui House Reit, Inc. ("SHR") hereby announces that, concerning the borrowing of funds (the "Borrowing") announced in the press release "Notice Concerning Borrowing of Funds" dated July 8, 2022, the interest rate of the fixed interest rate borrowing indicated as "To be determined" has been determined as described below.

1. Borrowing of Funds (Determination of Interest Rate) Fixed Interest Rate Borrowing

		Borrowing		Interest rate	Drawdown	Borrowing	Repayment	Repayment
Category	Lenders	amount		Security
	(Note)	date	method	date	method
		(mm yen)
	Sumitomo Mitsui	550
	Trust Bank, Limited
	Mizuho Trust &	350
	Banking Co., Ltd.					February 26,
		0.550%
	Resona Bank,	500			2027
	Limited.
	The Norinchukin	400
	Bank				Borrowing
	MUFG Bank, Ltd.	1,400				based on
				individual loan
						agreement,
	Mizuho Bank, Ltd.	1,050				dated July 8,		Lump-sum	Unsecured
				2022.
Long-
Sumitomo Mitsui				July 13, 2022	The lenders		repayment	and
term
Banking	600					at maturity	Unguaranteed
				under the loan
	Corporation					agreement are
	Sumitomo Mitsui	500				as indicated to
	Trust Bank, Limited				the left of this	February 28,
		0.855%
				table.	2030
	Mizuho Trust &
	300
	Banking Co., Ltd.
	Resona Bank,	450
	Limited.
	Development Bank	550
	of Japan Inc.
	The Norinchukin	350
	Bank
	Total	7,000		－	－	－	－	－	－

(Note) The borrowing expenses and other charge payable to the lenders are not included.

Disclaimer: This translation is for informational purposes only. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shall prevail.

1

2. Other Matters Necessary for Investors' Appropriate Understanding/Judgment of Relevant Information

With regard to risks associated with the determination of interest rate of the Borrowing, there is no change from the contents of "Part 1. Fund Information; Section 1. Status of Fund; 3. Investment Risks" of the securities report submitted on January 25, 2022.

• Sekisui House Reit, Inc. website:https://sekisuihouse-reit.co.jp/en/

Disclaimer: This translation is for informational purposes only. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shall prevail.

2