January 25, 2024
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 (the “Borrowing”)
decided today for the purpose of refinancing existing loans.
1.

Details of the Borrowing
Long-term loan (Tranche 11)① Lender② Loan amount③ Interest rate(Note 2)④ Drawdown date
⑤ Borrowing method⑥ Maturity date
⑦ Principal repayment method⑧ Interest payment date
⑨ Security(Note 1)

Loan syndicate with Sumitomo Mitsui Banking Corporation as arranger(Note 1)
2,420 million yen
Base rate (JBA 3-month Japanese Yen TIBOR)(Note 3) (Note 4) + 0.55% (floating rate)
February 1, 2024
Borrowing based on individual term loan agreement scheduled to beconcluded with the lender shown above on January 30, 2024
February 1, 2027
Lump-sum repayment at maturity
The first interest payment date shall be May 1, 2024, and subsequent interest
payment dates shall be the 1rd of every third calendar month thereafter andthe maturity date.(Note 5)
Unsecured and unguaranteed

The syndicate will consist of Sumitomo Mitsui Banking Corporation, The Hiroshima Bank, Limited, The Fukuoka Bank, Limited, Sumitomo Mitsui
Trust Bank, Limited, Higo Bank, Limited, SBI Shinsei Bank, Limited, Sanjusan Bank, Limited and Resona Bank, Limited.

(Note 2)

Not including borrowing expenses, etc. payable to the lender. The same shall apply hereinafter.

(Note 3)The base rate applicable to the calculation period for the interest payable on each interest payment date shall be the JBA 3-month Japanese
Yen TIBOR(Note 4) two business days prior to each interest payment date (however, the drawdown date in the case of the first interest calculation
period). If the JBA 3-month Japanese Yen TIBOR falls below 0%, then the base rate shall be 0%.

(Note 4)

For the Japanese Yen TIBOR, please check the website of JBA TIBOR Administration (https://www.jbatibor.or.jp/english/).

(Note 5)

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 the existing loans due for repayment on February 1, 2024, shown below
Long-term loan (6-A)① Lender② Loan amount③ Interest rate
④ Drawdown date
⑤ Borrowing method⑥ Maturity date
⑦ Principal repayment method⑧ Interest payment date⑨ Security(Note 1)

Loan syndicate with Sumitomo Mitsui Banking Corporation as arranger(Note 1)
2,420 million yen
Base rate (JBA 3-month Japanese Yen TIBOR) + 0.55% (floating rate)
February 1, 2021
Borrowing based on individual term loan agreement concluded with thelender shown above on January 28, 2021
February 1, 2024
Lump-sum repayment at maturity
The first payment shall be due on May 1, 2021, and subsequent payments
shall be due every three months thereafter and on the principal repayment
date.
Unsecured and unguaranteed

The syndicate will consist of Sumitomo Mitsui Banking Corporation, The Hiroshima Bank, Limited, Sumitomo Mitsui Trust Bank,Limited, The Fukuoka Bank, Limited, SBI Shinsei Bank, Limited (Name at time of the borrowing: Shinsei Bank, Limited), Sanjusan Bank,Limited (Name at time of the borrowing: The Mie Bank, Limited), Resona Bank, Limited and Higo Bank, Limited.

(Note 2)For details of the loan, please refer to “Notice Concerning Borrowing of Funds (Refinancing)” dated January 20, 2021 for details ofthe long-term loan.

3.

Amount, Use, and Planned Outlay Schedule of Funds (Name at the borrowing:ime to Be Procured(1) Amount of funds to be procured
2,420 million yen(2) Specific use of funds to be procured
The funds will be used to repay the long-term borrowings mentioned in 2. above.
(3) Scheduled date of expenditure
February 1, 2024
4. Status of Loans, Etc. after the Borrowing, Etc.
(Unit: million yen)
Before theAfter theIncrease
Borrowing, etc.
Borrowing, etc.
(Decrease)
Short-term loans－－－
Long-term loans
26,82026,820－Total loans
26,82026,820－Investment corporation bonds－－－
Total loans and investment corporation
26,82026,820－bonds(Note 1)

“The Borrowing, etc.” collectively refers to the Borrowing, and the refinancing of existing loans using funds procured through theBorrowing, which is scheduled for February 1, 2024

(Note 2)

5.

Amounts are rounded down to the nearest specified unit.

Outlook for the Future
The impact of the borrowing on the outlook of the Fund's operating conditions is negligible, and there is no change to the outlookof the operating conditions announced in the "Financial Report (REIT) for the Fiscal Period Ended June 30, 2023" dated August17, 2023.

*Website of marimo REIT: https://www.marimo-reit.co.jp/en/2