August 16, 2024
For Immediate Release
Name of REIT Issuer:
CRE Logistics REIT, Inc.
2-10-1, Toranomon, Minato-ku, Tokyo, Japan
Tsuyoshi Ito, Executive Director(TSE Code: 3487)
Asset Manager
CRE REIT Advisers, Inc.
Tsuyoshi Ito, President
Contact Person:
Hirohisa Toda, Executive Officer, Head ofCorporate Planning and General Affairs
Tel: +81-3-5575-3600

Notice Concerning Changes to Articles of Incorporation and Appointment of Directors
CRE Logistics REIT, Inc. (“CRE REIT”) hereby announces that it has decided to discuss changes toits Articles of Incorporation and the appointment of directors at its 7th General Meeting of Unitholders(“General Meeting of Unitholders”) scheduled to be held on September 30, 2024. Details are as follows.
The following matters will take effect upon approval at the General Meeting of Unitholders.
1. Main content and reasons for changes to Articles of Incorporation
Article 9, Paragraph 6
Corresponding provisions are to be newly established in the CRE REIT’s Articles of Incorporation tostipulate that CRE REIT may omit all or some of the electronic provision measures matters which arecontained in reference documents for general meetings of unitholders, etc., and specified in Cabinet
Office Order from documents delivered to unitholders whom requested a delivery of paper document.
2. Appointment of directors
The terms of office of executive director Tsuyoshi Ito and supervisory directors Kensuke Isobe andKenichi Nakamura will expire respectively on September 30, 2024. Accordingly, a proposal will besubmitted regarding the appointment of one executive director (candidate: Tsuyoshi Ito (Note 1)) andtwo supervisory directors (candidates: Kensuke Isobe and Kenichi Nakamura) on October 1, 2024.
Under this proposal, the term of office of the executive director and the supervisory directors shall be
two years commencing October 1, 2024 pursuant to the provisions of Article 19, paragraph 2 of thecurrent Articles of Incorporation.
In addition, a proposal for the appointment of one substitute executive director (candidate: Hirohisa
Toda (Note 2)) will be submitted in case the executive director position becomes vacant or the numberof executive directors falls below that stipulated by law.
Moreover, a proposal for the appointment of one substitute supervisory director (candidate: Ayako
Nakao) will be submitted in case the supervisory director position becomes vacant or the number ofsupervisory directors falls below that stipulated by law.
(Note 1) The abovementioned executive director candidate Tsuyoshi Ito is representative director of CRE REIT Advisers, Inc.,
which is the Asset Manager of CRE REIT.
(Note 2) The abovementioned substitute executive director candidate is executive officer, head of corporate planning and generalaffairs of CRE REIT Advisers, Inc., which is the Asset Manager of CRE REIT.

1

<Reference; personal history of candidates>(1) Executive director candidate
Name

Personal history and important concurrent positions(Date of birth)
April 1997

Joined the Industrial Bank of Japan, Limited (currently MizuhoBank, Ltd.)May 2002

Joined Ground Financial Advisory Co., Ltd. (currently GFA Co.,Ltd.)

July 2006

Established Strategic Partners Co., Ltd. (currently CRE REITAdvisers, Inc.)

Tsuyoshi Ito(January 22,1975)[Reelection]

Representative director (present post) (full-time)
April 2007

Director at GENKAI Capital Management Co., Ltd.

December 2007

Director at Industrial Decisions, Inc. (currently Exponential
Design, Inc.)
Auditor at Itoh-Kiden Corporation

November 2009

Director at Tenko Souken Co., Ltd. (merged with Kokyo CRECo., Ltd. (currently CRE, Inc.))

December 2009

Director at CRE Investment Advisory (currently Kokyo AssetManagement Co., Ltd.)

July 2014

Director at CRE, Inc.

August 2015

Director at CRE ALLIANCE, INC.

May 2016

Executive director of CRE REIT (present post) (full-time)(2) Substitute executive director candidate
Name

Personal history and important concurrent positions(Date of birth)
April 1993

Joined Crown Leasing Corporation

August 1997

Joined ORIX CorporationNovember 2000

Joined Imagawa Misawaya Securities Co., Ltd. (currently Retela
Crea Securities Co., Ltd.)

Hirohisa Toda

August 2002

Joined Tamura Trust Co., Ltd.

June 2004

Seconded to Japan Single-residence Asset Management Corp.
(currently HEIWA REAL ESTATE Asset Management CO.,

(September 21,LTD.)

1969)
March 2005
[Reelection]

Joined Japan Single-residence Asset Management Corp.
(currently HEIWA REAL ESTATE Asset Management CO.,LTD.)

April 2014

Joined K.K. CLEARTH LIFE

September 2017

Joined CRE REIT Advisers, Inc. Head of corporate planning

November 2021

CRE REIT Advisers, Inc. Executive Officer, Head of Corporate
Planning and General Affairs (present post)2

(3) Supervisory director candidates
Name

Personal history and important concurrent positions(Date of birth)
April 1993

Registered as a lawyer with the Tokyo Bar Association

Kensuke Isobe

April 1993

Joined Yuasa Law & Patent Office (currently Yuasa and Hara)(September 26,July 1997

Joined Hirakawa, Sato & Kobayashi (currently City-YuwaPartners)

1967)[Reelection]

November 1999

Joined Yanagida & Nomura (currently Yanagida & Partners)

March 2004

Joined City-Yuwa Partners (present post) (full-time)May 2016Supervisory director of CRE REIT (present post) (part-time)

October 2002

Joined ChuoAoyama PricewaterhouseCoopers

April 2006

Registered as a certified public accountant

August 2007

Joined ShinNihon LLC (currently Ernst & Young ShinNihon
LLC)

Kenichi

July 2009Manager at Kenichi Nakamura CPA Office (currently Kenichi
Nakamura CPA & TAX Office) (present post) (full-time)

Nakamura(July 9, 1975)[Reelection]

August 2010

Registered as a licensed tax accountant

May 2013

Auditor at TMS Co., Ltd. (present post) (part-time)

January 2014

Auditor at Humanetics Innovative Solutions Japan, K.K.
(present post) (part-time)May 2016

Supervisory director of CRE REIT (present post) (part-time)

June 2024

Auditor at HOCHIKI CORPORATION (present post) (parttime)(4) Substitute supervisory director candidate
Name

Personal history and important concurrent positions(Date of birth)

November 2001

Joined Kudan Urban Appraisal (currently Kudan Ogata
Appraisal Firm)

November 2004

Kudan Urban Appraisal (currently Kudan Ogata AppraisalFirm) Assistant to director of real estate appraisal dept.

Ayako Nakao(October 18,May 2011

Registered as a real estate appraiser1975)

June 2015

Representative director at Kudan Holdings (currently Kudan
Ogata Holdings) (present post)[Reelection]

November 2016

Kudan Urban Appraisal (currently Kudan Ogata AppraisalFirm) Assistant to director of real estate appraisal dept.

November 2020

Director at Kudan Urban Appraisal (currently Kudan Ogata
Appraisal Firm) (present post)33. Schedule of the General Meeting of Unitholders, etc.
August 16, 2024:
Resolve at the board of directors to submit proposals to the General Meeting of Unitholders
September 13, 2024:
Send notice concerning convocation of the General Meeting of Unitholders (planned)
September 30, 2024:
Hold the General Meeting of Unitholders (planned)* CRE Logistic REIT, Inc. website: https://cre-reit.co.jp/en/4