August 4, 2020
To Our Unitholders:Daiwa Office Investment Corporation
6-2-1 Ginza, Chuo-ku, Tokyo
Representative: Motoi Takahashi, Executive Director(Securities Code: 8976)

Notice of Convocation of the 11th General Meeting of Unitholders
We hereby inform you that the 10th General Meeting of Unitholders of Daiwa Office Investment
Corporation (the “Investment Corporation”) will be held in accordance with the following particulars,
and you are cordially invited to attend such meeting.
In case you are unable to attend the meeting, you may vote in writing. In such case, we would
appreciate it if you could indicate whether or not you would approve the proposals to bepresented to the meeting in the enclosed Exercise of Voting Rights Form after reviewing theReference Documents for the General Meeting of Unitholders attached hereto and send suchform to us by 5:00 p.m. of August 24, 2020.
The Investment Corporation has the following regulation regarding “deemed approval” in its Articlesof Incorporation pursuant to Article 93, Paragraph 1 of the Act on Investment Trusts and Investment
Corporations. Accordingly, please note that if you do not attend the meeting and fail to exerciseyour voting rights by using the Exercise of Voting Rights Form, you will be deemed to haveapproved the proposals presented to the meeting.
<Excerpt from the Articles of Incorporation of the Investment Corporation>
Article 14 (Deemed Approval)
1. Any unitholder who does not attend a General Meeting of Unitholders and does not exercise
his/her voting rights shall be deemed to have approved the proposals presented to such General
Meeting of Unitholders (provided, however, that in cases where two or more proposals arepresented and any such proposal is in conflict with another proposal, both of such proposals shallbe excluded from such deemed approval).
2. The number of voting rights held by the unitholder deemed to have approved the proposals inaccordance with the preceding Paragraph shall be counted in the number of voting rights of theunitholders in attendance.
Regards
Particulars
1. Date and Time:

August 25, 2020 (Tuesday) at 10:00 a.m.

2. Venue:

18th Floor, GranTokyo North Tower,
1-9-1 Marunouchi, Chiyoda-ku, Tokyo13. Purpose of the General Meeting of Unitholders:AgendaProposal 1:

Appointment of One Executive Director

Proposal 2:

Appointment of One Substitute Executive Director

Proposal 3:

Appointment of Two Supervisory Directors
The details of the proposals are as set forth in the following “ReferenceDocuments for the General Meeting of Unitholders.”- End -

• If you plan to attend the meeting, please submit the enclosed Exercise of Voting Rights Form to the receptionist at the meeting.
• If it becomes necessary to amend any of the matters required to be described in the Reference Documents for the General Meetingof Unitholders, amended documents will be posted on the Investment Corporation’s website (http://www.daiwa-office.co.jp/en/).
• Based on the infection situation of the New Coronavirus in Japan, we will take measures to prevent infection at this General
Meeting of Unitholders. For more details, please refer to " Measures to prevent new coronavirus infection " below. In addition,depending on changes in the future situation, we may notify you of the postponement of the General Meeting of Unitholders anda notice regarding changes to the measures taken to prevent infection at The Investment Corporation website (http://www.daiwaoffice.co.jp/en/). Please confirm this at the same time.
• You may appoint one other unitholder with voting rights to act as your proxy and to exercise your voting rights at the meeting. Insuch case, the proxy shall be required to submit any documentary evidence of the authority to act as your proxy, together with theExercise of Voting Rights Form, to the receptionist at the meeting.
• If you redundantly exercise your voting rights by using the Exercise of Voting Rights Form, only the vote lastly made shall bedeemed to be effective.
• Briefing session on the operational management by Daiwa Real Estate Asset Management Co. Ltd., Asset Manager of The
Investment Corporation, which had been held since the previous general meeting of unitholders, will not be held for the purposeof shortening the stay hours of unitholders at the venue. I would appreciate your understanding of our unitholders.

2Measures to prevent new coronavirus infection
In light of the prevalence of the new coronavirus in Japan, I hope that we will give first priority to thesafety of our unitholders and make every effort to prevent the spread of the new coronavirus at thevenue. I hope that you will understand that the General Meeting of Unitholders will be held on asmaller scale than in the past to prevent the new coronavirus infection. In the Investment Corporation,in order to prevent the transmission of new coronavirus in General Meeting of Unitholders, Ministerof Economy, Trade and Industry and the Ministry of Justice are planning to take the following
measures, referring to the "Q&A on Approaches to Conducting Shareholder Meetings for Addressing
the Spread of the Novel Coronavirus Disease " (including subsequent updates) published on April 2,
2020. We ask for the understanding and cooperation of our unitholders. Depending on the changes
in the situation in the future, announcements regarding the changes in the response methods listed
below may be posted on the Investment Corporation website (http://www.daiwa-office.co.jp/en/). We
ask that you please check them together.
＜Requests to unitholders＞lAs voting rights in Investments' meeting may be exercised in writing, unitholders should consider
exercising their voting rights in the enclosed voting documents instead of attending General Meetingof Unitholders from the viewpoint of the safety of unitholders.

lIf you are ill, elderly, or pregnant, you should consider not attending General Meeting of Unitholders.

lGeneral Meeting of Unitholders may be postponed due to sudden restrictions on the use of thevenue, changes in future conditions, etc. Notices regarding the postponement of General Meetingof Unitholders may be posted on The Investment Corporation website (http://www.daiwaoffice.co.jp), so please kindly check them.
＜Requests for unitholders to visit＞l

As part of measures to prevent infection at the venue on the day of the event, the distance of seats
to be attended by unitholders is expected to be wide, and there is a possibility that a sufficientnumber of seats will not be secured. Please note that in the unlikely event that a seat cannot be
prepared, we may limit your admission to the venue.

l

The candidates for directors, substitute directors, and general meeting management staff are asked
to understand that they will respond while wearing masks, etc.

lUnitholders at the reception site are requested to come to the venue with a mask or other clothing
and to cooperate in disinfection of their hands with the alcohol-disinfectant solution installed in thereception area. We will also conduct temperature measurements at the reception desk. Unitholders
who have a fever of 37.5°C or higher at the time of the measurements may be asked not to attend
General Meeting of Unitholders. Please note in advance. In addition, please be advised that any
person who may be in poor physical condition due to coughing or other problems during
Investments' meeting should be asked not to attend by the operating personnel.

l

As a result of each of the above measures, the reception area is expected to become congested.
The hall will open at 9:30 a.m. on the day, so please come as soon as possible when you come tothe hall.

lManagement Reporting Meeting by Daiwa Real Estate Asset Management Co. Ltd., Asset Managerof the Investment Corporation, which had been held since the previous general meeting of3

unitholders, will not be held for the purpose of shortening the stay hours of unitholders at the venue.
l

In order to reduce the risk of contact, we will discontinue the distribution of souvenirs at the time ofyour visit.

l

In addition, we may take necessary measures from the viewpoint of maintaining order in General
Meeting of Unitholders. We ask unitholders for their understanding.

Thank you very much for your understanding and cooperation in the above-mentioned seasons and theunitholders.

4Reference Documents for the General Meeting of Unitholders
Proposals and Reference Matters
Proposal 1: Appointment of One Executive Director
As the term of office of the incumbent Executive Director Motoi Takahashi will end upon theconclusion of the upcoming General Meeting of Unitholders, it is proposed to newly appoint
one Executive Director.
By application of Article 99, Paragraph 2 of the Investment Trusts Act and the proviso to thefirst sentence of Article 18, Paragraph 2 of the Articles of Incorporation of the Investment
Corporation, the term of office of the Executive Director based on this proposal shall begin
upon the appointment on August 25, 2020 and end upon the conclusion of the General
Meeting of Unitholders with appointment of Executive Director as a proposed agenda that isto be held within 30 days of the day following the day on which 2 years have elapsed from theappointment.
Please note that this proposal concerning appointment of Executive Director is one that has
been submitted based on the unanimous consent of the Supervisory Directors at the meetingof the Board of Directors held on July 17, 2020.
The candidate for Executive Director is as follows:
Name(Date of birth)
Seiya Miyamoto

Career summary and status of significant concurrent positions
Apr. 1985(July 20, 1959)

Joined Daiwa Securities Co. Ltd. (currently, Daiwa Securities GroupInc.)

Apr. 2001

Head of Financial Institutions Department 1, Daiwa Securities SBApr. 2007

Head of Bond Trading Department, Daiwa Securities Co. Ltd.

Sep.2007

Head of Financial Market Department, Daiwa Securities SMBC Co.

Capital Markets Co. Ltd. (currently, Daiwa Securities Co. Ltd.)

Ltd. (currently Daiwa Securities Co. Ltd.)
Apr. 2009

Executive Officer, Deputy Head of Fixed Income, Currency andCommodities Division, Daiwa Securities SMBC Co. Ltd.

Oct. 2010

Executive Officer, Deputy Director of Trading & Operation Division,Daiwa Asset Management Co. Ltd.

Apr. 2011

Executive Managing Officer, Deputy Director of Trading & Operation
Division, Daiwa Asset Management Co. Ltd.

Jun. 2012

Executive Managing Officer, Head of Trading & Operation Division,Daiwa Asset Management Co. Ltd.

Apr. 2014

Executive Managing Director, Head of Trading & Operation Division,Daiwa Asset Management Co. Ltd.

Oct. 2014

Executive Managing Director, and Risk Management Officer, Headof Trading & Operation Division, Daiwa Asset Management Co. Ltd.

Apr. 2016

Senior Executive Managing Director, Head of Product Division,
Daiwa Asset Management Co. Ltd.

Mar. 2020
Number of investment units ofthe Investment Corporation held

Retired from Daiwa Asset Management Co. Ltd.

None

* The abovementioned candidate for Executive Director has no special vested interest in the Investment Corporation.

5

Proposal 2: Appointment of One Substitute Executive Director
In preparation for any vacancy in the position of Executive Director of the Investment
Corporation or any shortfall in the number of Executive Directors of the Investment
Corporation legally required, it is proposed to appoint one substitute Executive Director inadvance.
Pursuant to the provisions of the third sentence of Article 18, Paragraph 2 of the Articles ofIncorporation of the Investment Corporation, the provisions of Article 99, Paragraph 2 of theInvestment Trusts Act and the proviso to the first sentence of Article 18, Paragraph 2 of theArticles of Incorporation of the Investment Corporation shall also apply to the term of office inthe event that the substitute Executive Director appointed based on this proposal becomes
Executive Director.
Pursuant to the provisions of Article 18, Paragraph 3 of the Articles of Incorporation of theInvestment Corporation, the period that the resolution concerning appointment of substituteExecutive Director based on this proposal remains effective shall be until the end of the termof office of the Executive Director under Proposal 2.
Please note that this proposal concerning appointment of substitute Executive Director is one
that has been submitted based on the unanimous consent of the Supervisory Directors at themeeting of the Board of Directors held on July 17, 2020.
The candidate for substitute Executive Director is as follows:
Name(Date of birth)

Career summary and status of significant concurrent positions

Toshio Fukushima

Apr. 1992

Joined Tokyu Land Corporation(Jan. 13, 1970)

Jul. 2004

Joined Pacific Management Corporation

Aug. 2009

Joined Mitsubishi Estate Co., Ltd.

Mar. 2011

Joined Daiwa Real Estate Asset Management Co., Ltd.

Jun. 2013

Head of Acquisition Department of Daiwa Real Estate AssetManagement Co., Ltd.

Nov. 2015

Head of Acquisition Department and Origination Department of Daiwa
Real Estate Asset Management Co., Ltd.

Apr. 2016

Head of Asset Management Department and Origination Department ofDaiwa Real Estate Asset Management Co., Ltd.

Apr. 2017

Director and Head of Acquisition and Asset Management Division,Asset Management Department and Origination Department of Daiwa
Real Estate Asset Management Co., Ltd.

Oct. 2017

Director and Head of Acquisition and Asset Management Divisionand Origination Department of Daiwa Real Estate AssetManagement Co., Ltd.

Apr. 2018

Executive Managing Director and Head of Acquisition and AssetManagement Division and Origination Department of Daiwa RealEstate Asset Management Co., Ltd.

Apr. 2019

President and Representative Director and Head of Acquisition andAsset Management Division of Daiwa Real Estate AssetManagement Co., Ltd. (current position)

Number of investment units ofNone
the Investment Corporation held
* The abovementioned candidate for substitute Executive Director is President and Representative Director and Head ofAcquisition and Asset Management Division of Daiwa Real Estate Asset Management Co., Ltd. The candidate for
substitute Executive Director has no special vested interest in the Investment Corporation other than such.

There may be cases where the appointment of the abovementioned candidate for substituteExecutive Director is revoked by resolution of the Board of Directors of the Investment
Corporation prior to assumption of office.

6Proposal 3: Appointment of Two Supervisory Directors
As the term of office of the incumbent Supervisory Directors Takayuki Hiraishi and Hiroshi
Sakuma will end upon the conclusion of the upcoming General Meeting of Unitholders, it is
proposed to appoint two Supervisory Directors.
By application of Article 99, Paragraph 2 of the Investment Trusts Act that applies mutatis
mutandis pursuant to Article 101, Paragraph 2 of the Investment Trusts Act and the proviso to
the first sentence of Article 18, Paragraph 2 of the Articles of Incorporation of the Investment
Corporation, the term of office of the Supervisory Directors appointed based on this proposal
shall begin upon the appointment on August 25, 2020 and end upon the conclusion of theGeneral Meeting of Unitholders with appointment of Supervisory Directors as a proposed
agenda that is to be held within 30 days of the day following the day on which 2 years haveelapsed from the appointment.
The candidates for Supervisory Directors are as follows:
CandidatenumberCareer summary, position at the Investment Corporation,and status of significant concurrent positions

Name(Date of birth)

Apr. 1992

Sep.1995
Sep.1996

1Takayuki Hiraishi(Oct. 16, 1965)

Sep.1997Jul. 2005
Jan.2014
Aug.2014

Number of investment units ofthe Investment Corporation heldCandidate
number2

None

Career summary, position at the Investment Corporation,and status of significant concurrent positions

Name(Date of birth)

Hiroshi Sakuma(Jan. 28, 1959)

Apr. 1983
Sep.1989
Apr. 1991
Sep.1995
Jul. 1996
Apr. 1998
May 2000
Jul. 2005
Jan. 2014
Aug. 2014

Number of investment units ofthe Investment Corporation held

Admitted to practice law
Joined Spring Partners (former Okinobu, Ishihara & Sei LawOffice)
University of Connecticut School of Law
Pillsbury Winthrop Shaw Pittman LLP (former PillsburyMadison & Sutro LLP) (Los Angeles)
Spring Partners (current position)
Supervisory Director, Daiwa Office Investment Corporation(current position)
Supervisory Director, Nippon Healthcare Investment
Corporation
Retired from Supervisory Director, Nippon Healthcare
Investment Corporation

Joined NEC Corporation
Joined Arthur Andersen
Joined Coopers & Lybrand
Joined Smith Barney & Co.
Joined Salomon Smith Barney Asia Limited
Established Sakuma CPA firm (current position)
Director JUST PLANNING Inc. (current position)
Supervisory Director, Daiwa Office Investment Corporation(current position)
Supervisory Director, Nippon Healthcare Investment
Corporation
Retired from Supervisory Director, Nippon Healthcare
Investment Corporation

None* Both of the abovementioned candidates for Supervisory Directors currently supervise the overall execution of duties by
the Executive Director of the Investment Corporation as Supervisory Directors of the Investment Corporation.
* The abovementioned candidate for Supervisory Director Hiroshi Sakuma heads Sakuma CPA firm.
* Both of the abovementioned candidates for Supervisory Director have no special vested interest in the Investment
Corporation other than such.

7

Reference Information

If any of the proposals submitted to the upcoming General Meeting of Unitholders are in conflictwith each other, the provisions concerning “deemed approval” provided for in Article 93,
Paragraph 1 of the Act on Investment Trusts and Investment Corporations and in Article 14,
Paragraph 1 and Paragraph 2 of the Articles of Incorporation of the Investment Corporation
shall not apply to any of such proposals.
Proposals 1 through 3 above include no conflicting proposals.

- End -8