Investor Presentaiton

一期一会| ICHIGO RE100 by 2025 On Track Ichigo RE100 Progress FY23/2 Forecast RE100 Transition Impact CO2 Reduction 35,815 tons 47.2% Renewable Energy Ratio 60.4% (+7.2pts vs. FY22/2 Q4), % Reduction CO2 Emissions of Cars X 15,572 As of FY23/2 Q1 (May 31, 2022) Includes all Ichigo, Ichigo Hotel (3463), and Ichigo Office (8975) assets Note: % Reduction = Amount of CO2 reduction vs. 75,890 tons (FY20/2 actual) Annual CO2 emission per car c. 2,300kg (Ministry of Environment) RE100 °CLIMATE GROUP CDP O Ichigo Investment Advisors Co., Ltd. Ichigo Hotel REIT Investment Corporation All rights reserved. 28

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