January 31, 2023
For Immediate Release
Real Estate Investment Trust Securities Issuer
Star Asia Investment Corporation
Representative: Atsushi Kato, Executive Director(Code: 3468)
Asset Management Company
Star Asia Investment Management Co., Ltd.
Representative: Atsushi Kato
President and CEO
Contact: Akiko Kanno
Director and CFO
TEL: +81-3-5425-1340

Notice Concerning the Resignation of Director and Unofficial Appointment of Director
at Asset Management Company
Star Asia Investment Management Co., Ltd. (the “Asset Manager”), to which Star Asia Investment Corporation(SAR) entrusts the management of its assets, announces that today it has accepted the offer of resignation fromone current director as described below.
Furthermore, the Asset Manager in a board meeting held today unofficial appointed a new director as
described below. This matter is expected to be formally decided by resolution at the general meeting ofshareholders of the Asset Manager which is scheduled to be held at the end of March of this year.
1.

Resigning Director (effective January 31, 2023)
Director and Vice President: Toru Sugihara

2.

Candidate for New Director
Effective March 31, 2023
Full nameNew job title
Director and General Manager ofDaisuke Kobayashi
Investment Management
Please refer to the Appendix for a biography of the candidate.

Former job title
General Manager of Investment
Management

3.

Status of Directors at Asset Manager after the Change (as from March 31, 2023)
President and CEO:Atsushi Kato
Director:
Akiko Miyazawa（Maiden name and name on-the-job: Akiko Kanno)
Director
Daisuke Kobayashi
Director:
Yusuke Aoki

4.

Others
The resigning Director, Toru Sugihara, will return to the assignor company (Star Asia Management Japan TokyoBranch), and will focus on the business affairs of Star Asia Group.
Furthermore, regarding this matter, required procedures such as notifications, etc. will be conducted inaccordance with the provisions of the Financial Instruments and Exchange Act, the Building Lots and Buildings
Transaction Business Act, and other applicable laws and regulations.

1* Star Asia Investment Corporation website address: http://starasia-reit.com/en/

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Appendix
Job title

Full Name

Main biography
November 1, 1999
March 1, 2003

March 1, 2006
March 1, 2010

DirectorDaisuke Kobayashi

March 1, 2015
September 1, 2015

April 1, 2018
January 1, 2022
March 31, 2023

Joined K.K. Sogo Fudosan Kanteisho (real estateappraisal firm)
Joined Kanaru Toshin K.K. (Current: Heiwa Real
Estate Asset Management Co., Ltd.)
Investment Department, Investment Advisory
SectionManager of Investment Advisory Section,Investment Department, at same company.
Joined Prudential Real Estate Investors Japan
K.K.(Current: PGIM Real Estate (Japan) Ltd.
Assistant Vice President, Asset Management
Vice president, Transaction & origination
at same company
Joined Star Asia Investment Management Co.,
Ltd.(SAIM)Manager, Investment Management
Department
Senior Manager, Investment Management
Department, SAIM
General Manager of Investment Management
Department, SAIM (current position)
Expected to be appointed Director of SAIM

This is an English translation of the announcement in Japanese dated January 31, 2023. However, no assurance
or warranties are given for the completeness or accuracy of this English translation.

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