Investor Presentaiton

一期一会| ICHIGO August 2023 Initiatives Asset Acquisitions via Sponsor Support Acquired Assets: 5 Hotels/JPY 15B Hotel Comfort Hotel Osaka Shinsaibashi (Ichigo Shinsaibashi Building) HOTEL THE KNOT YOKOHAMA Quintessa Hotel Ise Shima Quintessa Hotel Ogaki THE KNOT SAPPORO Acquisition Date August 25, 2023 Acquisition Price 3,700 4,800 610 1,070 4,900 (JPY M) Appraisal value 3,900 5,610 644 1,150 5,300 (JPY M) Appraisal 4.7% 5.7% 11.9% 10.0% 5.0% NOI Yield Lease Terms No. Of Guest 214 145 Variable + Fixed 150 140 Rooms Operator Greens Co., Ltd. K.K. Hospitality Operations Core Global Management Co., Ltd. Ichigo Investment Advisors Co., Ltd. Ichigo Hotel REIT Investment Corporation All rights reserved. 98 Core Global Management Co., Ltd. OneFive Hotels Inc. 17

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