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Investor Presentaiton

Acquisition-Driven Growth - - Total asset acquisitions since October 2013: JPY 164.0B (expected) JPY 88.7B (54.1%) via sponsor support Acquisitions and Sales Since October 2013 (Cumulative, JPY B) Acquisition From Sponsor Sale to Sponsor Acquisition From Third Party Sale to Third Party 71.6 67.7 62.4 63.9 56.3 54.4 Cumulative Total JPY 164.0B Acquisition From Third Party 75.2 (45.9%) 50.9 50.9 Acquisition From 74.7 80.2 82.5 82.5 82.5 82.5 Sponsor 67.6 88.7 (54.1%) 38.4 Acquisitions Sales 19.3 19.3 23.8 23.8 26.2 26.2 26.2 26.2 26.2 7.9 12.3 12.3 18.3 21.9 24.7 24.7 26.4 38.6 JPY 63.3B - Oct 2013 - Oct 2015 Dec 2014 Public Offering Acquisition & Sale May 2015 Public Offering Sept 2015 Transition to Pure Office REIT 一期一会| ICHIGO Apr 2020 Acquisition From Third Party Dec 2020 Acquisition From Third Party Feb 2021 Sale to - Oct 2023 Nov 2022 Acquisition From - - Oct 2016 Apr&May 2016 Public Offering Acquisition & Sale - Oct 2017 - Nov 2016 Acquisition From Third Party Apr&May 2017 Acquisition & Sale Oct 2018 Apr&May 2018 Acquisition & Sale Sep 2018 Acquisition From Third Party - Oct 2019 - Oct 2020 ~ Oct 2021 - Oct 2022 - Dec 2018 Acquisition & Sale May 2019 Acquisition & Sale Third Party Jun 2022 Acquisition From Third Party Third Party Dec 2022 Sale to Third Party Jan 2023 Acquisition From Sponsor Oct 2023 Acquisition & Sale Ichigo Investment Advisors Co., Ltd. Ichigo Office REIT Investment Corporation All rights reserved. 60
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