Nippon Accommodations Fund Inc. decided to borrow funds. Lender: Sumitomo Mitsui Trust Bank, Limited. Loan Amount: JPY 2.0 billion.

Interest Rate: 0.14591%. Date of Loan: February 29, 2024. Date of Maturity: May 31, 2024.

Loan Type & Repayment Method: Unsecured & unguaranteed, Bullet repayment. Lender: Sumitomo Mitsui Banking Corporation. Loan Amount: JPY 4.5 billion.

Interest Rate: 0.675%. Date of Loan: February 29, 2024. Date of Maturity: February 29, 2028.

Loan Type & Repayment Method: Unsecured & unguaranteed, Bullet repayment. Funds are to be allocated to the repayment of borrowings from Sumitomo Mitsui Trust Bank, Limited of JPY 2.0 billion, date of loan of November 30, 2023, date of maturity of February 29, 2024; and from Sumitomo Mitsui Banking Corporation of JPY 4.5 billion, date of loan of February 28, 2020, date of maturity of February 29, 2024.