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Investor Presentaiton

21st FP (Jul. 2023) DPU - Actual vs Forecast analysis 3,350yen Increase in repair & maintenance expense Decrease in depreciation 2 Difference between forecast and actual, resulting from assessment of leasehold amortization etc. following inclusion of newly acquired properties Decrease Initial amount of in leasehold Decrease 44yen +11yen reversal of dividend reserve amortization etc. 8yen in other expenses 7yen 3,350yen 3,350yen Amount of Planned Decrease in financing cost +46yen Decrease in fund cost +lyen 30yen +20yen Total reversal from dividend reserve 31 yen reversal of amount of dividend reserve 31yen reversal of dividend reserve 38yen Insurance claim Planned amount of reversal of Impact of currency gain received etc. +15yen Increase in operating cost dividend etc. reserve 46yen +8yen <Dividend reserve > Reversal Increase Balance at end of FP 20th FP (actual) ¥195 mm ¥429 mm 21st FP (actual) ¥10 mm ¥440 mm 22nd FP (forecast) 23rd FP (forecast) ¥65 mm ¥374 mm ¥80 mm ¥293 mm 21st FP Actual 21st FP Forecast (Note 1) Amounts may not add up due to rounding of decimals (Note 2) The number of investment units issued in the 21st FP: 2,123,952 units ÆON REIT Investment Corporation 22nd FP Forecast 7
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