Translation of Japanese Original

June 24, 2022

To All Concerned Parties

REIT Issuer:
Kenedix Office Investment Corporation
Hikaru Teramoto, Executive Director(Securities Code: 8972)
Asset Management Company:
Kenedix Real Estate Fund Management, Inc.
Masahiko Tajima, President & CEO
Inquiries:
Hiroaki Momoi
Head of Strategic Planning,
Office REIT Department
TEL: +81-3-5157-6010

Notice Concerning Debt Financing (Series 195)
Kenedix Office Investment Corporation (“the Investment Corporation”) announced today that the Investment
Corporation decided to undertake the debt financing (total of 1,000 million yen). Please see below for the details.
1. Outline of Debt Financing
Series195

LenderAmountMizuho Bank, Ltd.

1,000
millionyen

Interest Rate
(Note 1) (Note 2)

Base rate(JPY TIBOR
for 1 month)+0.17500%

Contract
Date

Drawdown
Date

June 28,
2022

June 30,2022

Principal
Repayment
Date (Note 1)

Collateral
Repayment
MethodJune 30,
2023

Unsecured,
unguaranteed・
Repaymentof principal
in full on
maturity date

Note 1: The first interest payment is due at the end of July 2022, and on the last day of every 1 month thereafter with the principal repayment day.
If each interest payment day or the principal repayment day is a non-business day, then the interest payment or the principal repayment will
be due on the next business day and if that next business day is in the next month, then previous business day will be applied.
Note 2: The base rates that are applied during interest period for the interest due on each interest payment date for Series 195 shall be calculated
based on Japanese Yen TIBOR for 1 month, which JBA TIBOR Administration (“the JBATA”) releases two business days before eachinterest payment date. The Japanese Yen TIBOR of the JBATA is available on the JBATA website (https://www.jbatibor.or.jp/english/rate/).

2. Purpose of Debt Financing
Series 195 is to apply the fund towards the repayment of Series 184-A (the remainder after partial prepayment, 1,000
million yen) with the principal repayment date of June 30, 2022.
3. Status of Borrowings and Investment Corporation Bonds after the Debt Financing and the Other Debt
Financing on the Same Date (Note 1) (as of June 30, 2022)(Millions of yen)

Short-Term Borrowings (Note 2)

Balance beforethe Debt Financing andthe Other Debt Financing etc.
on the Same Date
8,600

Balance after
the Debt Financing andthe Other Debt Financing etc.
on the Same Date
11,900Long-Term Borrowings (Note 3)Classification

Difference+3,300183,550

190,550+6,500Total Borrowings

192,150

201,950+9,800Investment Corporation Bonds

13,00013,0000205,150

214,950+9,800Total Borrowings and Investment Corporation Bonds

Note 1: In addition to the above borrowing, the other borrowings will be executed on the same date. For details on the other borrowings, please1refer to the press release, “Notice Concerning Debt Financing (Series 194)” dated today.
Note 2: Short-term borrowings refer to debt financing with a period less than or equal to one year from the drawdown date to the principal repayment
date. However, the borrowings for which the period until the principal repayment date has surpassed one year because the principal
repayment date after one year from the drawdown date is not a business day, and for which the principal repayment date has been moved toa different business day, are included in short-term borrowings.
Note 3: Long-term borrowings refer to debt financing with a period more than one year from the drawdown date to the principal repayment date.

4. OtherFor risks concerning the repayment, etc. of the aforementioned debt financing, there are no significant changes to the“Investment Risks” as described in the Securities Report (submitted on January 28, 2022).
The Investment Corporation’s website: https://www.kdo-reit.com/en/
This notice is the English translation of the Japanese announcement on our website released on June 24, 2022. However, no assurance
or warranties are given for the completeness or accuracy of this English translation.

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