GLP J-REIT announced the borrowing of funds (the "New Borrowings) and the signing of interest rate swap agreements as follows: Summary of New Borrowings: Details of the borrowings to be repaid: Lender: Syndicate of lenders
arranged by Sumitomo Mitsui Banking Corporation and MUFG Bank Ltd.; Loan amount: JPY 8,000 million; Interest rate: Base rate plus 0.19%; Drawdown date June 23,2019; Borrowing method: Borrowing based on the respective credit line agreements dated July 10, 2019 (including extended agreements) with the lenders shown to the left as lenders; Repayment date July 31, 2023; Repayment method: Lump-sum repayment on repayment date; Security: Unsecured Not guaranteed. Details of the New Borrowings: Lender: Syndicate of lenders arranged by Sumitomo Mitsui Banking Corporation, MUFG Bank Ltd. And Mizuho Bank Ltd. Loan amount: JPY 10,460 million; Interest Rate: Base rate plus 0.175%; Repayment date: June 30, 2026; Lender: Syndicate of lenders arranged by Sumitomo Mitsui Banking Corporation, MUFG Bank Ltd. And Mizuho Bank Ltd. Loan amount: JPY 3,429 million; Interest Rate: Base rate plus 0.185%; Repayment date: May 31, 2027. Lender: Mizuho Bank Ltd. (Sustainability Loan) Loan amount: JPY 1,261 million; Interest Rate: Base rate plus 0.175%; Repayment date: July 6, 2029. Lender: Syndicate of lenders arranged by Sumitomo Mitsui Banking Corporation, MUFG Bank Ltd. And Mizuho Bank Ltd. Loan amount: JPY 2,710 million; Interest Rate: Base rate plus 0.230%; Repayment date: July 12, 2030. Drawdown date July 31, 2023; Borrowing method; Borrowing based on the respective term loan agreements dated July 27, 2023, with the lenders shown to the left as lenders; Repayment method: Lump-sum repayment on repayment date; Security: Unsecured Not guaranteed.