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Investor Presentaiton

Portfolio Summary and Breakdown of Property-Related Revenues/Expenses (1) Office Tokyo Shiodome Building Kamiyacho Trust Tower ON Building Kioicho Building Sendai MT Building Osaki MT Building 12,210 Property-related expenses 729,037 671,458 134,496 24,753 283,243 Location Construction completion Minato Ward, Tokyo January, 2005 November 1990 Acquisition date April 2010 Acquisition price Book value Appraisal value 82,539 million yen 74,591 million yen 81,600 million yen 191,394.06m (Note 1) July 2021, and other 51,660 million yen 51,507 million yen 56,400 million yen 196,037.12m (Note 2) Minato Ward, Tokyo Shinagawa Ward, Tokyo Chiyoda Ward, Tokyo Miyagino Ward, Sendai Shinagawa Ward, Tokyo March, 2020 November 1989 March 1999 July 1994 (Renovated in 2008) October 2014 February 2023, and other March 2005, and other Total floor space PML (Note 6) Rental revenues (thousand yen) Rental revenues Rent Common charges Land leasing revenues Other rental revenues 6.0% Period ended Period ended Feb. 2023 Aug. 2023 860,556 1,421,864 860,556 1,421,864 6.5% Period ended Period ended Feb. 2023 Aug. 2023 454,407 944,041 442,196 919,288 August 2008 39,900 million yen 38,696 million yen 35,300 million yen 32,812.27m 8.0% Period ended Period ended Feb. 2023 Aug. 2023 34,300 million yen 32,881 million yen 38,400 million yen 63,535.55m (Note 3) 11.3% Period ended Period ended Feb. 2023 Aug. 2023 860,284 1,047,120 773,824 945,185 7,045 10,533 million yen 10,619 million yen 10,500 million yen 42,941.53 m (Note 4) 4.9% Period ended Period ended Feb. 2023 Aug. 2023 14,386 million yen 12,870 million yen 17,600 million yen 26,980.68m (Note 5) 11.5% Period ended Period ended Feb. 2023 Aug. 2023 287,614 192,810 287,164 216,925 334,926 334,374 1,063 904 6,585 Property and other taxes Property taxes 345,978 366,253 345,978 366,253 9,525 9,525 9,984 Other taxes 9,984 Undisclosed Undisclosed (Note 7) (Note 7) Overhead expenses 222,531 227,817 53,788 Property management fees 211,037 210,986 36,907 117,231 77,988 Utilities 15,892 37,091 Casualty insurance 2,894 3,525 233 541 Trust fees Other expenses 625 1,251 Depreciation and amortization Profits and losses from real estate rental business Earnings before depreciation and amortization (NOI) NOI yield (Note 8) 8,600 13,305 129 160,526 77,387 71,183 156,026 131,519 750,405 319,910 660,798 415,797 559,009 292,046 827,792 391,094 816,825 494,247 621,570 357 79,414 95,348 494,669 494,615 90,246 92,542 88,921 91,437 1,325 279,147 206,723 246,352 54,198 73,139 1,315 666 16,243 125,275 365,614 552,505 490,889 617,570 159 24,114 449 552 3,452 79,604 92,809 94,457 39,381 40,854 39,381 40,854 1,104 337,008 300 58,343 3,048 10,073 148 25,108 930 2,955 146 30,592 1,599 2 510 722 880 800 2 451 15,115 65,064 1,680 1,395 6,237 3,152 2.0% 3.2% 3.6% (Note) The results for the fiscal period ended February 2023 are for five months. For properties formerly owned by MORI TRUST Hotel Reit, Inc. (the 5 hotel properties other than Hotel Okura Kobe), information has been indicated by referring to its fiscal period ended February 2023 (results for 6 months). 3.1% 21,261 ▲ 2,388 137,320 763 158,582 6.0% 50,379 43,529 194,804 240,469 245,184 283,999 3.9% 51
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