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Investor Presentaiton

Portfolio Summary and Breakdown of Property-Related Revenues/Expenses (4) Retail Facility Kohnan Sagamihara- Nishihashimoto Frespo Inage Frespo Shinbashi Ekimae MTR Building Sant Residential Park Lane Plaza Total Total floor space PML (Note 6) Rental revenues (thousand yen) Rental revenues Rent Common charges Land leasing revenues Other rental revenues Property-related expenses Property and other taxes Property taxes Other taxes Overhead expenses Property management fees Utilities Casualty insurance Trust fees Other expenses Depreciation and amortization Location Midori Ward, Sagamihara Inage Ward, Chiba Minato Ward, Tokyo Shibuya Ward, Tokyo Construction completion August 2005 April 1999 June 1988 Acquisition date October 2012 March 2002 Acquisition price Book value Appraisal value 7,460 million yen 7,037 million yen 6,620 million yen 40,283.77m 13.5% 2,100 million yen 2,193 million yen 2,600 million yen (39,556.71m) (Note 13) April 2007 6,000 million yen 5,821 million yen 7,270 million yen 7,820.45m (Note 14) 12.2% Period ended Period ended Feb. 2023 Aug. 2023 Period ended Period ended Feb. 2023 Aug. 2023 Aug. 2023 December 2004 3,200 million yen 3,083 million yen 4,330 million yen 5,246.78m 14.9% 470,156 million yen 450,758 million yen 492,407 million yen 5.0% (Note15) Period ended Period ended Period ended Period ended Period ended Period ended Feb. 2023 103,007 123,609 Feb. 2023 Aug. 2023 Feb. 2023 90,656 81,626 7,536 Aug. 2023 107,390 7,558,844 10,374,905 97,191 7,048,565 9,755,149 9,043 196,524 234,344 103,007 123,609 103,007 123,609 7,894 7,269 Undisclosed (Note 7) Undisclosed (Note 7) 7,269 8,020 58,313 56,894 7,270 35,609 29,737 7,270 35,609 29,737 1,493 34,086 7,762 7,762 625 750 7,034 10,408 15,245 1,311 2,178 8,527 14,995 9,969 3,819 5,160 1,737 183 152 145 1,235 177 625 750 1,720 Profits and losses from real estate rental business Earnings before depreciation and amortization (NOI) NOI yield (Note 8) 169,246 218,554 190,430 229,285 6.1% 11.0% 84,296 5,465,360 7,988,694 3.4% (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). Totals for the fiscal period ended February 2023 were calculated based on the following formula. Total for MTR's fiscal period ended February 2023 (results for 5 months) + Total for former MORI TRUST Hotel Reit, Inc.'s fiscal period ended February 2023 (results for 6 months) 95,112 115,588 95,112 115,588 15,668 -58,313 -42,644 2,917 16,748 -56,894 -40,146 4,833 11,079 56,569 1,155 210,747 261,802 30,786 3,378,916 3,382,852 8,098 1,160,800 1,202,202 8,098 1,159,349 1,199,044 1,451 3,157 932,683 1,184,009 600,789 741,024 211,827 253,324 22,390 7,324 3,612 90,352 153,138 7,692 1,285,431 996,640 76,603 4,179,928 6,992,053 26,730 9,791 67,649 5.3% 54
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