Advance Residence Investment Corporation announced that it resolved at a meeting of its board of directors to submit amendments to the Articles of Incorporation and appointment of directors as an agenda for discussion and approval at the 5th General Unitholders' Meeting scheduled for October 24, 2019. Executive Director Takeshi Takano, Supervisory Directors Yoshiki Oshima and Yoshitsugu Oba have submitted letters of resignation effective as of the conclusion of this General Unitholders' Meeting, and accordingly, the proposal is submitted to appoint a new executive director and supervisory directors.