Certain Units of Tokaido REIT, Inc. are subject to a Lock-Up Agreement Ending on 17-JUN-2022. These Units will be under lockup for 360 days starting from 22-JUN-2021 to 17-JUN-2022.

Details:
In relation to the general recruitment, the joint lead managing underwriter will be given to the joint lead managing underwriter during the period starting on the date when the issue price, etc. is determined and ending on the 360th day from the delivery date of the offering. Without the prior written consent of the company, the sale of the investment units, etc. (however, Mizuho Securities Co., Ltd. based on the loan of the investment units to Mizuho Securities Co., Ltd. due to the sale by over-allotment and the exercise of the green shoe option they are planning to promise that they will not sell the investment units.