January 6, 2020
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 Borrowing of Funds
marimo Regional Revitalization REIT, Inc. (“marimo REIT”) announces the following borrowing of funds (the“Borrowing”) decided today.
1. Reason for the Borrowingmarimo REIT will allocate the Borrowing to part of the acquisition funds and incidental expenses of the assets to beacquired stated in “Notice Concerning Acquisition of Domestic Real Estate Trust Beneficiary Rights andAccompanying Commencement of Leasing” dated January 6, 2020.
2. Details of the Borrowing(1) Long-term loan (Note 1) (5-A)① Lender② Loan amount (Note 2)③ Interest rate (Note 3)④ Drawdown date
⑤ Borrowing method⑥ Interest payment date
⑦ Principal repayment method⑧ Maturity date
⑨ Security, etc.
(2) Long-term loan (Note 1) (5-B)① Lender② Loan amount (Note 2)③ Interest rate (Note 3)④ Drawdown date
⑤ Borrowing method⑥ Interest payment date
⑦ Principal repayment method⑧ Maturity date
⑨ Security, etc.

Loan syndicate with Sumitomo Mitsui Banking Corporation as arranger
2,140 million yen
Base rate (JBA 3-month Japanese Yen TIBOR) (Note 4) (Note 5) + 0.600% (floating rate)
January 21, 2020 (planned)
Borrowing based on individual term loan agreement scheduled to beconcluded with the lender shown above on January 17, 2020
The first interest payment date shall be February 3, 2020, and subsequentinterest payment dates shall be the 1st of every three calendar months
thereafter (Note 6) and the maturity dateLump-sum repayment at maturity
February 1, 2023
Unsecured and unguaranteed

Sumitomo Mitsui Banking Corporation
110 million yen
Base rate (JBA 3-month Japanese Yen TIBOR) (Note 4) (Note 5) + 0.200% (floating rate)
January 21, 2020 (planned)
Borrowing based on individual term loan agreement scheduled to beconcluded with the lender shown above on January 17, 2020
The first interest payment date shall be February 3, 2020, and subsequentinterest payment dates shall be the 1st of every three calendar months
thereafter (Note 6) and the maturity dateLump-sum repayment at maturity
February 1, 2021
Unsecured and unguaranteed

Disclaimer: This press release is a document for making a public announcement concerning borrowing of funds of marimo REIT, and has notbeen prepared for the purpose of soliciting investment. Investors should ensure that they have read the prospectus for theissuance of new investment units and secondary offering of investment units, as well as any amendments thereto, prepared by
1 at their own discretion.
marimo REIT before investing and make investment decisions

1

(Note 1) Short-term loans refer to loans for a period from the drawdown date to the maturity date of one year or less, and long-term loans refer to loans
for a period from the drawdown date to the maturity date of more than one year. The same shall apply hereinafter.
(Note 2) The loan amount planned as of today. The final loan amount is subject to change up until drawdown in light of such factors as the amount ofproceeds from the primary offering stated in “Notice Concerning Issuance of New Investment Units and Secondary Offering of Investment Units”
dated today.
In addition, there is no guarantee that the Borrowing will take place according to the details above.
(Note 3) Not including borrowing expenses, etc. payable to the lender. The same shall apply hereinafter.
(Note 4) The base rate applicable to the calculation period for the interest payable on each interest payment date shall be the JBA 3-month Japanese YenTIBOR (Note 5) two business days prior to each interest payment date (however, the drawdown date in the case of the first interest calculationperiod). If the JBA 3-month Japanese Yen TIBOR falls below 0%, then the base rate shall be 0%.
(Note 5) For the Japanese Yen TIBOR, please check the website of JBA TIBOR Administration (http://www.jbatibor.or.jp/english/).
(Note 6) If the concerned date is not a business day, then it shall be the next business day, but if that next business day falls into the next calendar month,then it shall be the business day preceding the concerned date.

3. Amount, Use and Planned Outlay Schedule of Funds to be Procured(1) Amount of funds to be procured:
2,250 million yen (planned)(2) Specific use of funds to be procured:
For allocation to part of the acquisition funds and incidental expensesof the assets to be acquired(3) Planned outlay schedule:
January 21, 2020 (Note)(Note) The outlay of part of the acquisition funds and incidental expenses of the assets to be acquired is as shown above as of today,
but may be postponed by a few days or so upon finalization of the payment due date of the primary offering stated in “NoticeConcerning Issuance of New Investment Units and Secondary Offering of Investment Units” dated today or the drawdown dateof the Borrowing.

4. Status of Loans, etc. after the Borrowing, etc.

Short-term loans
Long-term loans
Total loans
Investment corporation bonds
Total loans and investment corporation bonds(Note)

Before the Borrowing,etc.
－13,772
13,772－
13,772(Unit: million yen)
After the Borrowing,Increase
etc.
(Decrease)－－
16,022
2,250
16,022
2,250－－
16,0222,250

Amounts are rounded down to the nearest specified unit.

5. Future Outlook
For the impact of the Borrowing, etc. on operating forecasts, please check the operating forecasts announced in“Notice Concerning Revision of Operating and Dividend Forecasts for the Fiscal Period Ending June 2020, andOperating and Dividend Forecasts for the Fiscal Period Ending December 2020” dated today.
6. OtherConcerning the risks associated with repayment of the Borrowing, etc., there is no change from the content of“Part 2. Reference Information; Section 2. Supplementary Information to Reference Documents; 4. Investment
Risks” stated in the securities registration statement submitted today.
The actual loan amount, etc. will be announced once finalized.

* This material is distributed to the Kabuto Club (the press club of the Tokyo Stock Exchange), the press club of theMinistry of Land, Infrastructure, Transport and Tourism, and the press club for construction trade publications of
the Ministry of Land, Infrastructure, Transport and Tourism* Website of marimo REIT: https://www.marimo-reit.co.jp/en/Disclaimer: This press release is a document for making a public announcement concerning borrowing of funds of marimo REIT, and has notbeen prepared for the purpose of soliciting investment. Investors should ensure that they have read the prospectus for theissuance of new investment units and secondary offering of investment units, as well as any amendments thereto, prepared by
2 at their own discretion.
marimo REIT before investing and make investment decisions

2