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Investor Presentaiton

Internal Growth Management Status~ Office Only a limited impact is expected as rent ranges, standard floor areas, and other characteristics differ between properties to be supplied in 2023 and properties owned by NMF. Distribution of average rents in Greater Tokyo area (Note 1) Properties with a standard floor area of 200 tsubo or more in 3 central wards Many of them are properties with rent of 20,000 yen or lower, or leased as a whole building as head office function (tsubo) 40,000 Ratio of properties at 20,000 yen/tsubo or lower. 30,000 20,000 10,000 Approx. 60% Main rent range for new large- scale properties (assumed) Shinjuku Nomura Building PMO 0 I ~15,000 ~20,000 ~25,000 ~30,000 ~35,000 ~40,000 40,001~ Ratio of properties by standard floor area in Greater Tokyo area (Note 2) 65% of properties have a standard floor area of less than 200 tsubo Less than 100 tsubo 27% 200 tsubo or more 35% 100 tsubo to less than 200 tsubo 38% NMF Takebashi Building Chiyoda-ku NMF Kayabacho Kojimachi Millennium Building Garden Secom Medical Building о NMF Aoyama 1- chome Building Minato-ku NEC Head Office Building Chuo-ku Harumi Island Triton Square Office Towers Y & Z NMF Shiba Building Avg. rent of 25,000 yen or lower Avg. rent of 20,000 yen or lower ○ Properties leased as a whole building (rent not disclosed) (Note 1) Total leasable areas shown are based on average price per tsubo ranges of owned properties excluding properties leased as a whole building. (Note 2) Calculated based on the ratio of number of properties. 15
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