January 4, 2023
To All Concerned Parties
Real Estate Investment Trust Securities Issuer
1-1-21 Toranomon, Minato-ku, Tokyo
marimo Regional Revitalization REIT, Inc.
Representative: Takashi Kitagata, Executive Director(Securities Code: 3470)
Asset Manager
Marimo Asset Management Co., Ltd.
Representative: Takashi Kitagata, CEOContact:
Katsuhiro Shimada, Financial Management Officer
TEL: +81-3-6205-4755
Notice Concerning Conclusion of Support Agreement
marimo Regional Revitalization REIT, Inc. (“marimo REIT”) and Marimo Asset Management Co., Ltd. (the “AssetManager”), to which marimo REIT entrusts management of its assets, announce that they entered a “SupportAgreement” (the “Agreement”) on January 4, 2023, with Alpha Court Co., Ltd. (the "New Support Company") as
described below.
1. Reasons for and Details of the Agreement
Having long built a community-rooted support system to realize regional revitalization(Note 1), marimo REIT and the AssetManager have concluded the Agreement with the New Support Company, which is engaged in activities rooted in
Hokkaido, to strengthen the support system. Through the system, marimo REIT will obtain information on quality realestate in the region and secure opportunities to acquire properties over the medium to long term.
Based on the Agreement, when the New Support Company decides to sell any of its real estate, trust beneficiary rights
in real estate, real estate-backed securities(Note 2) or silent partnership interest backed by real estate (including real estatein the development stage) that meet the investment policy stipulated by marimo REIT and the Asset Manager ("QualifiedReal Estate, etc."), it shall provide information on such Qualified Real Estate, etc. to marimo REIT and the Asset Manager.
(Note 1) marimo REIT defines revitalizing regional areas as correcting the overconcentration in Tokyo and creating local communities throughout Japan
where people can have hope for the future of their own communities and lead unique and enriching lives.
(Note 2) In marimo REIT's Articles of Incorporation, real estate-backed securities are defined as a collective term for preferred equity securities,
beneficiary certificates, investment securities, and beneficiary certificates of special purpose trusts that aim to invest an amount exceeding one
half of the underlying assets in real estate, etc.

1(Reference)<Content of Support from the Sponsor(Note 1) and Support Companies(Note 2) after Conclusion of the Agreement><Content of Support from the Sponsor and Support Companies>
Sponsorpipeline andsupportagreement

Support agreement

MarimoCo., Ltd.

San JuTheThe Tokyo
Kansai
TheTheAlpha
Chugoku
San Bank, Michinoku Star Bank,Mirai Bank, Hiroshima Ashikaga ReBITA
Court
Bank, Ltd.
Ltd.
Bank, Ltd.
Ltd.
Ltd.
Bank, Ltd. Bank, Ltd. Inc.
Co., Ltd.
(Okayama)(Mie)(Aomori) (Tokyo)(Osaka)(Hiroshima) (Tochigi)

External growth

Support overview

Preferential provision of property
information
Grant of preferential negotiatingrights for sales transactions
Provision of warehousing
functions
Provision of construction
management support
Provision of property
information

Internal growth

Provision of property
management services, etc.(Note 3)
Provision of leasing support(Note 3)
Provision of support inrenovation of portfolio assets
Provision of fixed-rent-type
master lease agreements
Provision of master leaseservices, etc.(Note 3)
Provision of brokerage
services(Note 3)
Financial advisory and assistance

Other support

Investment in the Asset Manager
Grant of license to use
trademark(Note 3)
Same-boat investment
Continued holding of investment
units(Note 3)
Provision of support in securing
human resources(Note 3)

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(Note 1) As of the date of this document, Marimo Co., Ltd. has no stake in the Asset Manager because it transferred all held shares of the Asset Manager on
November 1, 2016. However, Marimo Holdings, Inc., the transferee and Marimo Co., Ltd.'s parent company, owns all the shares of the AssetManager acquired from Marimo Co., Ltd. as of the date of this document.
(Note 2) "Provision of property information" does not mean that the New Support Company, San Ju San Bank, Michinoku Bank, Tokyo Star Bank, Chugoku
Bank, Kansai Mirai Bank, Hiroshima Bank, Ashikaga Bank, and ReBITA will provide property information to marimo REIT on a preferential basis. In
particular, the support agreements with Michinoku Bank, Chugoku Bank, Hiroshima Bank, and Ashikaga Bank provide for the provision of property
information at their discretion on a voluntary basis. In addition, the support agreements with the New Support Company, San Ju San Bank, Kansai
Mirai Bank, and ReBITA do not stipulate that the information is to be provided to marimo REIT prior to or at the same time as to third parties.
(Note 3) "Provision of property management services, etc." means that the New Support Company will, upon request from marimo REIT and the AssetManager, provide services and other necessary support based on separate master lease and property management agreements for real estate, etc.
owned by marimo REIT or have other entities in the New Support Company's group provide such support.
"Provision of leasing support" means that the New Support Company will provide support such as brokerage and management for properties thatmarimo REIT is considering acquiring or holds if it receives a request for leasing support from the Asset Manager for marimo REIT’s purpose ofstabilizing occupancy rates over the medium to long term.
"Provision of master lease services, etc." means that the New Support Company will, upon request from marimo REIT and the Asset Manager,
provide services and other necessary support based on separate master lease and property management agreements for real estate, etc. owned bymarimo REIT or have other entities in the New Support Company's group provide such support.
"Provision of brokerage services" means that the New Support Company will provide information on its group's Qualified Real Estate, etc. to marimo
REIT and the Asset Manager, and when marimo REIT acquires such Qualified Real Estate, etc., will provide brokerage services for such acquisition
when requested by marimo REIT and the Asset Manager (however, marimo REIT and the Asset Manager shall request only when deemed2●

appropriate in consideration of the New Support Company's transaction execution capability, compliance with laws and regulations, credit risk,transaction costs, etc.) unless there are special circumstances.
"Grant of license to use trademark" means that the New Support Company has granted a non-exclusive license to marimo REIT and the AssetManager to use trademarks stipulated in the Agreement in prospectuses, websites, financial results briefing materials, securities registration
statements, asset management reports and other disclosures upon providing information on marimo REIT's investment policies and properties
bearing these trademarks.
"Continued holding of investment units" means that the New Support Company has expressed to marimo REIT and the Asset Manager its intention
to hold marimo REIT's investment units for the foreseeable future if it acquires such investment units, unless there are special circumstances.
However, there are no specific provisions regarding the number of investment units or period to be held by the New Support Company.
"Provision of support in securing human resources" means that the New Support Company will provide maximum cooperation in terms of humanresources to offer the Asset Manager the expertise required for the growth of the Asset Manager and marimo REIT, such as seconding necessary
personnel from its group to the Asset Manager. The Asset Manager plans to accept one seconded employee from the New Support Company inMarch 2023, but there are no plans to acquire any new properties, etc. as a result of this secondment.

2.

Overview of New Support Company
Name
Location
Title and name of representative
Business
Capital (as of January 4, 2023)
Establishment
Consolidated net assets
Consolidated total assets
Major shareholders andpercentages
Relationship with marimo REIT orAsset ManagerAlpha Court Co., Ltd.
7-1-3 Minami 1-jo Nishi, Chuo-ku, Sapporo-shi
Representative Director Yuji Kawamura
Real estate leasing, real estate sales, architectural design, design
supervision, construction subcontracting, etc.
100 million yen
March 22, 2004
8,085 million yen (based on consolidated balance sheet as of May 31,2022)
38,275 million yen (based on consolidated balance sheet as of May 31,2022)
Alpha Group Holdings Co., Ltd. (96%), treasury stock (4%)
Capital ties

No relevant items.

Personnel ties

No relevant items. However, one employee of thecompany is scheduled to be seconded to the AssetManager in March 2023.
The company has entered a support agreement withmarimo REIT and the Asset Manager for the purposeof providing property information, etc.
No relevant items.

Business ties

Concerning
related parties

3. Future Outlook
For the impact of the Agreement on the operating forecast, please refer to the operating forecast announced in “NoticeConcerning Revision of Operating and Dividend Forecasts for the Fiscal Period Ending June 2023, and Operating andDividend Forecasts for the Fiscal Period Ending December 2023” dated today.
*Website of marimo REIT: https://www.marimo-reit.co.jp/en/

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