Make The World
More Sustainable[Provisional Translation Only]
This English translation of the original Japanese document is provided solely for information purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

September 27, 2019
IssuerIchigo Hotel REIT Investment Corporation (“Ichigo Hotel,” 3463)
1-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo
Representative: Osamu Miyashita, Executive Director
www.ichigo-hotel.co.jp/english
Asset Management Company
Ichigo Investment Advisors Co., Ltd.
Representative: Hiroshi Iwai, President
Inquiries: Hiroto Tajitsu, Head of Administration
Tel: +81-3-3502-4892

Launch of Ichigo J.League Shareholder Program
Earlier this year, Ichigo Hotel’s sponsor, Ichigo (2337), became a Top Partner of theJ.League, Japan’s professional soccer league, in support of the J.League’s vision ofenriching and enhancing local communities through the promotion of sports.
Today, Ichigo launched a Shareholder Program in which Ichigo is distributing free tickets
to every J.League game to Ichigo, Ichigo Office (8975), Ichigo Hotel (3463), and Ichigo
Green (9282) shareholders. The Shareholder Program offers Ichigo’s shareholders theopportunity via a lottery to attend the roughly 1,000 J.League games, featuring all 55
J.League clubs across the J1, J2, and J3 Leagues.
Ichigo Hotel has decided to express appreciation to its shareholders by making it possible
for them to join the Shareholder Program. Ichigo Hotel will incur no expenses from thisparticipation.
Ichigo’s Shareholder Program represents two firsts for Japanese shareholder programs:1) Ichigo is the first Japanese company to include not just its own shareholders, but also
the shareholders of the REITs and YieldCo that it manages, in its shareholder program.
This reflects Ichigo’s deeply-held commitment as a fiduciary to serve and grow value forall shareholders.
2) Ichigo is the first company to offer shareholders free tickets to all 55 J.League clubs
and all J.League games. (There have been instances of companies distributing tickets for
specific J.League clubs, but until now no company has ever inclusively provided tickets
for all 55 J.League clubs and games.) Ichigo is giving away roughly 4,000 tickets, orabout four tickets for every game, providing Ichigo’s shareholders the opportunity toshow support for every J.League club across Japan.

1Shareholder Program Overview
1. Objective
Ichigo Hotel is joining the Shareholder Program to express its thanks to Ichigo Hotelshareholders and further its mission of promoting local community development.
2. Details
Eligible Shareholders
Shareholders eligible for the Shareholder Program are all Ichigo Hotel shareholders asof the final day of the most recent half-year fiscal period, namely:
July 31, 2019 (Initial Shareholder Program eligibility: through April 30, 2020)
Application Start Date
October 1, 2019Application Process
Shareholders can simultaneously apply for tickets for one game in each of the J1, J2,and J3 Leagues even if the games are scheduled on the same day. The tickets are freelytransferable to family and friends.
To apply for tickets, shareholders can create an account using their shareholder
credentials at the below Shareholder Program website (Japanese only). The website waslaunched today and is accessible via the below URL or QR code. The website is also
accessible to the general public to provide the opportunity to learn about theShareholder Program.
Ichigo J.League Shareholder Program Website
www.ichigo-jleague.jp

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3. Earnings Outlook
The Shareholder Program will have no impact on Ichigo Hotel’s January 2020 and July
2020 fiscal period earnings forecasts announced in the September 12, 2019 release “July2019 Fiscal Period Earnings.” Ichigo Hotel is launching the Shareholder Program toexpress its thanks to Ichigo Hotel shareholders and further its mission of promoting
local community development.

Shareholder Program Website Image

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