Translation of Japanese Original
August 29, 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 (Interest Rate Determination)
and Execution of Interest Rate Swap Agreements (Term Loan 197)

Kenedix Office Investment Corporation (“the Investment Corporation”) announced today, that regarding the debt
financing which was disclosed in the press release, “Notice Concerning Debt Financing (Green Loans etc.), Prepaymentsof Borrowings etc. and Execution of Interest Rate Swap Agreements” dated August 26, 2022, the undecided matterswere determined.
Please see below for the details, where the today’s decided matters are underlined.
1. Outline of Debt Financing
Term
LoanLenderAmount197-J

Resona Bank, Limited.

1,950
millionyen

The Norinchukin Bank

1,000
millionyen

The Bank of Fukuoka,
Ltd.

500
millionyen

The 77 Bank, Ltd.

500
millionyen

Sumitomo Life Insurance
Company500
millionyenSan ju San Bank, Ltd.

200
millionyen197-K

Interest Rate(Note)

0.68500%(Fixed interest rate)

Contract
Date

August 29,
2022

Drawdown
Date

August 31,
2022

Principal
Repayment
Date (Note)

Collateral ・Repayment
MethodAugust 31,
2029

Unsecured,
unguaranteed・Repaymentof principal
in full on
maturity date

Note: The first interest payment of Term Loan 197-J and 197-K is due at the end of November 2022, and on the last day of every 3 months
thereafter with the principal repayment day. If each interest payment day or the principal repayment day is a non-business day, then theinterest payment or the principal repayment will be due on the next business day and if that next business day is in the next month, thenprevious business day will be applied.

2. Details of Interest Rate Swap Agreements
Term Loan

197-B

Counterparty

Fixed Interest Rate
for Payment (Note 1)
Floating Interest Ratefor Receipt

1,600 million yen

1,600 million yen

0.17500%

0.19900%

Termination Date
Payment Date (Note 2)

Term Loan

500 million yen

1,000 million yen

0.21950%

Base rate (JPY TIBOR for 3 months)

Commencement Date

August 31, 2022August 31, 2024

February 28, 2025

August 31, 2025

The first payment is due at the end of November 2022, and on the last day of every 3 months
thereafter with the termination date.

197-E

Counterparty

197-F

197-G

Nomura Securities Co.,Ltd.

Notional AmountInterest
Rate

197-D

Nomura Securities Co.,Ltd.

Notional AmountInterest
Rate

197-C

Fixed Interest Rate
for Payment (Note 1)
Floating Interest Ratefor Receipt

500 million yen

2,700 million yen

2,400 million yen

0.21950%0.25500%

0.29550%

Base rate (JPY TIBOR for 3 months)

Commencement Date
Termination DatePayment Date (Note 2)

August 31, 2022
August 31, 2025

August 31, 2026

August 31, 2027

The first payment is due at the end of November 2022, and on the last day of every 3 months
thereafter with the termination date.

Note 1: By entering into the interest rate swap agreements, the interest rates on Term Loan 197-B, 197-C, 197-D, 197-E, 197-F and 190-G are
essentially fixed at 0.35000%, 0.37400%, 0.39450%, 0.39450%, 0.43000% and 0.50050%.
Note 2: If each payment day is a non-business day, then the payment will be due on the next business day and if that next business day is in thenext month, then previous business day will be applied.

3. 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 July 26, 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 August 29, 2022. However, noassurance or warranties are given for the completeness or accuracy of this English translation.