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Investor Presentaiton

Shareholder Program (1) Shareholder Hotel Discount Program Program Established to Express Gratitude to Ichigo Hotel Shareholders and to Support the Hotel Industry Impacted by Covid Special Discount Rates (including hotels not owned by Ichigo Hotel) Minacia Co., Ltd. Hotel Wing International ✓ Special rate 10% lower than rates on hotel website ✓ 39 Hotel Wing International Hotels located across Japan, from Hokkaido to Kagoshima Greens Co., Ltd. Choice Hotels Premium rates set at each hotel ✓ 71 Comfort brand hotels located across Japan, from Hokkaido to Okinawa HOTEL WING | Select INTERNATIONAL淡欢购形 Greens Hotels ✓ Available at member-only fixed rates set at each hotel ✓ A diverse brand of 28 hotels mainly in Mie and Aichi prefectures and the Hokuriku region 一期一会| ICHIGO O Ichigo Investment Advisors Co., Ltd. Ichigo Hotel REIT Investment Corporation All rights reserved. O 17
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