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Investor Presentaiton

Nippon Accommodations Financial Highlights (2) (34th Period: September 2022 - February 2023) ☑Acces Factors in Change of Distribution per Unit (34th Period Actual vs. Forecast) Fund Factors in increase Factors in decrease (Unit: JPY) ▲ 22 Asset management fees +203 +87 Others Existing properties Insurance income (JPY +24) Decrease in interest expense, etc. (JPY +22) etc. Increase in income (JPY +157) 1 Rent, etc. JPY +48 10,510*1 2 Key money, etc. JPY +52 3 Other revenues Decrease in expenses 1 Tenant soliciting fees JPY +57 2 Utilities expenses (increased) 3 Other expenses (increased) (JPY +46) JPY +68 JPY -14 JPY -8 Forecast 96.8% Occupancy Rate*2 Actual 97.0% 34th Period Forecast (Ended Feb. 2023) *1 The forecast for the 34th Period are the figures announced in the financial results report dated October 10, 2022. *2 Occupancy rate is the average month-end occupancy rate during the period. 10,778 34th Period Actual results (Ended Feb. 2023) 6
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