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Investor Presentaiton

Unitholder details No. of unitholders Breakdown by unitholder type (based on no. of units held) 14,000 End of 19th Period (266,025 units) 59.0% (54.3%) 8.0% 12.2% 20.8% 12,517 12,267 11,665 11,604 11,451 End of 20th Period (266,025 units) 58.0% (51.5%) 7.3% 15.8% 18.8% 12,000 End of 21st Period (266,025 units) 56.8% (47.4%) 7.5% 16.9% 18.8% 10,000 Dec. 2015 Jun. 2016 End of 19th End of 20th Period Period Dec. 2016 End of 21st Period Jun. 2017 End of 22nd Period Dec. 2017 End of 23rd End of 22nd Period (296,625 units) End of 23rd Period 56.8% (45.7%) 7.3% 18.4% 17.5% 54.8% (44.8%) 7.1% 21.8% Period (296,625 units) Financial institutions (Trust banks out of the financial institutions) Other domestic corporations Foreign 16.3% Individuals corporations Major unitholders Dec. 2017 (End of 23rd Period) Rank Name 1 Japan Trustee Services Bank, Ltd. (Trust Account) 2 The Master Trust Bank of Japan, Ltd. (Trust Account) 3 Trust & Custody Services Bank, Ltd. (Securities Investment Trust Account) 4 The Nomura Trust and Banking Co., Ltd. (Investment Trust Account) 5 Kanden Realty & Development Co.,Ltd. 6 SIX SIS LTD. 7 THE BANK OF NEW YORK, NON-TREATY JASDEC ACCOUNT 8 STATE STREET BANK AND TRUST COMPANY 505012 9 Mitsubishi Corporation 10 DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO No. of units held Share (%) Difference from 22nd Period End 55,856 18.83% 42,175 14.21% - 1,680 + 7,279 17,078 5.75% 12,892 4.34% 9,200 3.10% - 9,094 +799 0 8,255 2.78% - 590 6,624 2.23% + 2,512 5,321 1.79% + 2,690 4,200 1.41% 0 3,861 1.30% + 194 Total 165,462 55.78% Note: Ratio of number of units owned to total number of units issued is calculated by rounding to the nearest second decimal place. 68 88 MCUBS MidCity Investment Corporation
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