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Investor Presentaiton

Unitholders Number of Unitholders and Units by Unitholder Type Period ended Aug. 2016 // Major Unitholders O Daiwa House REIT Investment Corporation Unitholder type Number of unitholders Number of units Period ended Feb. 2017 Number of unitholders Period ended Feb. 2017 Number of units Name Unitholders (%) Units (%) Unitholders (%) Units Individuals and others 5,966 92.8 39,753 5.3 10,077 92.9 (%) 77,264 5.1 Number of Ownership units owned (%) Japan Trustee Services Bank, Ltd. (Trust Account) 335,526 22.1 Financial institutions 96 96 1.5 491,438 65.7 141 1.3 917,313 60.4 Daiwa House Industry Co., Ltd. 169,600 11.2 Banks / trust banks 49 0.8 436,004 58.3 63 63 0.6 823,499 54.2 City banks 0 0.0 0 0.0 0 0.0 0 0.0 The Master Trust Bank of Japan, Ltd. (Trust Account) 154,040 10.1 Regional banks 35 0.5 76,427 10.2 48 188 0.4 130,805 8.6 Trust & Custody Services Bank, Ltd. (Securities Investment Trust Account) 103,934 6.8 Trust banks 14 0.2 359,577 48.1 15 0.1 692,694 45.6 Life insurance 8 0.1 21,523 2.9 7 0.1 31,950 2.1 The Nomura Trust and Banking Co., Ltd. (Investment Trust Account) 52,026 3.4 companies Non-life insurance 2 0.0 14,474 1.9 3 0.0 23,395 1.5 companies State Street Bank West Client - Treaty 505234 25,250 1.7 Other financial 37 0.6 19,437 2.6 68 0.6 38,469 2.5 institutions - State Street Bank - West Pension Fund Clients Exempt 505233 23,617 1.6 Shinkin banks 27 0.4 11,070 1.5 15 445 0.4 22,374 1.5 Others 10 10 0.2 8,367 1.1 23 0.2 16,095 1.1 State Street Bank and Trust Company 505012 23,372 1.5 Other domestic 121 1.9 88,841 11.9 232 2.1 199,103 13.1 corporations The Fuji Fire and Marine Insurance Co., Ltd. 21,236 1.4 Foreign corporations 237 3.7 125,976 16.8 382 3.5 293,557 19.3 and individuals Securities firms 11 Trust & Custody Services Bank, Ltd. (Money Trust Taxable Account) 15,264 1.0 11 0.2 1,732 0.2 19 0.2 32,043 2.1 Total 6,431 100.0 747,740 100.0 Total 10,851 100.0 1,519,280 100.0 923,865 60.8 52
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