Investor Presentaiton

Stable Financial Base Outstanding Loan Balance Jul 31, 2021 Jan 31, 2022 Jul 31, 2022 Jan 31, 2023 Jul 31, 2023 Aug 25, 2023 (Reference) Amount JPY 25.47B JPY 25.47B JPY 25.47B JPY 25.47B JPY 25.47B JPY 32.47B Long-Term Loan Ratio 72.5% 72.5% 70.7% 63.7% 46.0% 57.7% Fixed Rate Ratio 70.7% 70.7% 70.7% 63.7% 46.0% 57.7% Average Interest Rate 0.75% 0.77% 0.77% 0.76% 0.70% 0.77% Average Remaining 1.8 years 1.6 years 1.1 years 1.0 years 0.7 years 1.1 years Maturity 43.2% 42.9% 42.9% 42.6% 43.1% LTV (Total Assets Basis) Distribution of Loan Maturities (JPY M) 15,000 13,300 12,000 8,800 9,000 6,000 7,170 4,950 4,500 3,000 3,000 2,220 0 Jan 2024 一期一会| ICHIGO Jul 2024 Jan 2025 Jul 2025 ■ Fixed Rate ■Floating Rate 7,000 2,000 Jan 2026 Jul 2026 Jan 2027 Jul 2027 57 Ichigo Investment Advisors Co., Ltd. Ichigo Hotel REIT Investment Corporation All rights reserved.

View entire presentation