July 21, 2022
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 (Refinancing)marimo Regional Revitalization REIT, Inc. (“marimo REIT”) announces the following borrowing of funds (refinancing)(the “Borrowing”) decided today.
1.

Details of the Borrowing(1) Long-term loan (Tranche 9)① LenderLoan syndicate with Sumitomo Mitsui Banking Corporation as arranger (Note 1)② Loan amount
2,015 million yen
Interest rate (Note2)③
Base rate (JBA 3-month Japanese Yen TIBOR) (Note 3) + 0.600% (floating rate)④

Drawdown date⑤

Borrowing method⑥

Maturity datePrincipal repayment
method⑦⑧Interest payment date⑨

Security

August 1, 2022
Borrowing based on individual term loan agreement scheduled to be concluded withthe lender shown above on July 28, 2022
August 1, 2025
Lump-sum repayment at maturity
The first interest payment date shall be November 1, 2022, and subsequent interest
payment dates shall be the 1st of every three calendar months thereafter and thematurity date (Note 4)
Unsecured and unguaranteed(Note 1) The loan syndicate comprises Sumitomo Mitsui Banking Corporation, The Hiroshima Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited,
Aozora Bank, Ltd., Resona Bank, Limited., Shinsei Bank, Limited, San ju San Bank, Ltd. and The Chugoku Bank, Limited.
(Note 2) Not including borrowing expenses, etc. payable to the lender.
(Note 3) The base rate applicable to the calculation period for the interest payable on each interest payment date shall be determined two businessdays prior to each interest payment date (however, the drawdown date in the case of the first interest calculation period). For the Japanese
Yen TIBOR, please check the website of JBA TIBOR Administration (http://www.jbatibor.or.jp/english/). (JBA 3-month Japanese Yen TIBOR asof July 20, 2022, is 0.06727%.) If the JBA 3-month Japanese Yen TIBOR falls below 0%, then the base rate shall be 0%.
(Note 4) 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.

12. Reason for the Borrowing
The Borrowing is for funding repayment of a long-term loan of 2,015 million yen due for repayment on August 1,2022. The summary of the loan for which repayment will be made is as follows.
Long-term loan
① Lender② Balance③ Planned repayment date
④ Drawdown date
⑤ Repayment date

Loan syndicate with Sumitomo Mitsui Banking Corporation as arranger (Note 1)
2,015 million yen
August 1, 2022
August 1, 2019
August 1, 2022

(Note 1) The loan syndicate comprises Sumitomo Mitsui Banking Corporation, The Hiroshima Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited,
Shinsei Bank, Limited, The Mie Bank, Ltd., Resona Bank, Limited., The Chugoku Bank, Limited and Aozora Bank, Ltd.
(Note 2) For details of the long-term loan, please refer to “Notice Concerning Borrowing (Refinancing) of Funds” dated July 23, 2019.

3.

Status of Loans, Etc. after the Borrowing

Short-term loans
Long-term loansTotal loans
Investment corporation bonds
Total loans and investment corporation bonds
Other interest-bearing liabilities
Total interest-bearing liabilities

Before theBorrowing, etc.
300
21,107
21,407－
21,407－
21,407(Unit: million yen)
After theIncrease
Borrowing, etc.
(Decrease)300
021,100(7)
21,400(7)－－
21,400(7)－－
21,400(7)(Note 1)

“The Borrowing, etc.” collectively refers to the Borrowing and the repayment of the long-term loan using funds procured through theBorrowing and cash on hand, which is scheduled for August 1, 2022.
(Note 2) Amounts are rounded down to the nearest specified unit.
(Note 3) The Borrowing, etc. is scheduled for August 1, 2022. In addition, scheduled partial repayment of principle (7,500,000 yen) of long-termloans is scheduled for August 1, 2022 separately from the Borrowing, etc., and the figures are based on the assumption that said scheduled
partial repayment of principle will be also executed.

4. Future Outlook
The impact of the Borrowing on the operating forecasts of marimo REIT is minimal, and thus there is no change tothe operating forecasts announced in “(REIT) Financial Report for the Fiscal Period Ended December 2021” dated
February 18, 2022.
5. Other Necessary Matters for Investors to Adequately Understand the Concerned Information and Make an Informed
Decision
Concerning the risks associated with the Borrowing, there is no significant change from the content of “InvestmentRisks” in the securities registration statement submitted on March 24, 2022.
* Website of marimo REIT: https://www.marimo-reit.co.jp/en2