Management Business and Leasing Business Overview

2-2. Property Sales Business: Overview & Strengths 2-2-3. Model for Cooperation with Investors Multiple exit strategies and a model for cooperation with investors Private funds structured & managed by the Mitsui Fudosan Group MITSUI FUDOSAN INVESTMENT ADVISORS, INC. Corporations Management Sales Sales TV Management Mitsui Fudosan Group Sales ↓ ↑ Management Nippon Building Fund NBFF J-REITS Managed by the Mitsui Fudosan Group Nippon Building Fund, Inc. N Nippon Accommodations Fund Nippon Accommodations Fund, Inc. フロンティア不動産投資法人 Frontier Road Estate Investment Corporation Frontier Real Estate Investment Corporation 16

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