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Investor Presentaiton

|一期一会| ICHIGO October 2023 Initiatives Driving Earnings via Strategic Portfolio Restructuring Sold Non-Core Retail Asset, Acquired Office With Upside Potential Asset Acquired in October 2023 Asset Sold in October 2023 Asset Name Ichigo Kinshicho South Building Twicere Yokohama Isogo (Retail Section) Seller Acquisition Date October 31, 2023 Third-Party Japanese Asset Type Retail Book Value JPY 1.42B Appraisal Value JPY 1.51B Sale Price JPY 1.6B Area Location Characteristics Company Sumida-ku, Tokyo 6-min walk from Kinshicho Station on JR Sobu, Tokyo Metro Hanzomon Lines Kinshicho area offers convenient access to central Tokyo office areas JPY 1.88B Sale Date Gains on Sale Buyer October 30, 2023 JPY 105M Third-Party Japanese Company Acquisition Price Appraisal Value JPY 2.06B NOI Yield 4.5% * NOI Yield is calculated by dividing NOI by Acquisition Price Ichigo Investment Advisors Co., Ltd. Ichigo Office REIT Investment Corporation All rights reserved. 12
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