Ichigo Preserves and Improves Real Estate[Provisional Translation Only]
This English translation of the original Japanese document is provided solely for information purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

October 24, 2016
IssuerIchigo Green Infrastructure Investment Corporation (9282)
1-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo
Representative: Mami Nagasaki, Executive Director
Asset Management Company
Ichigo Investment Advisors Co., Ltd.
Representative: Wataru Orii, President
Inquiries: Hiroto Tajitsu, Head of Administration
Tel: +81-3-3502-4854

Approval to List Ichigo Green Infrastructure Fundon the Tokyo Stock Exchange Infrastructure Fund MarketIchigo Green Infrastructure Investment Corporation (“the Ichigo Green InfrastructureFund” or “the Fund”) today obtained approval from the Tokyo Stock Exchange (“TSE”)
to list its shares on the TSE’s Infrastructure Fund market.
The Ichigo Green Infrastructure Fund was established on June 24, 2016 pursuant to theAct on Investment Trusts and Investment Corporations (Act No. 198 of 1951, including
subsequent amendments) (“Investment Trust Act”). Its assets are managed by IchigoInvestment Advisors (“IIA”), an asset management company regulated under theInvestment Trust Act, in accordance with the objectives and policies set forth in theFund’s Articles of Incorporation.
The Fund will primarily invest in renewable energy power plants, taking full advantageof Ichigo’s track record and expertise in renewable energy production. The mission ofthe Fund is to provide stable long-term returns for investors while contributing to thedevelopment of Japan’s sustainable society. Unlike fossil fuels, renewable sources ofenergy do not emit greenhouse gases such as carbon dioxide and therefore contribute toreducing global greenhouse gas emissions.
The Fund will seek to maximize shareholder value by creating a portfolio that offers
both return stability via long-term, stable cash flows and growth potential. It offers
investors an opportunity to invest in the significant and rapidly expanding green
infrastructure asset class, and Ichigo expects that the growth of the Ichigo GreenInfrastructure Fund will contribute to the development of Japan’s capital markets while
contributing to Japan’s energy self-sufficiency.
The Fund expects to invest primarily in solar power plants and will construct a portfoliothat is diversified in both geography and asset size. The Fund intends to invest only insolar power plants that have been in operation for at least one year and that haveguaranteed long-term, feed-in-tariff (FIT) power purchase contracts with Japaneseelectric utility companies under Japan’s renewable energy law.
Disclaimer: This translation is for informational purposes only. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shallprevail. This document is an English translation of a press release for public announcement regarding the approval to list shares by Ichigo Green Infrastructure
Fund, and has not been prepared for the purpose of solicitation of investment. We caution investors to refer to Ichigo Green Infrastructure Fund’s prospectus andnotice of amendments thereto, if any, without fail and to undertake investment at their own decision and responsibility.

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By listing on the TSE Infrastructure Fund market, the Ichigo Green Infrastructure Fund
will obtain the means to raise capital and execute its growth strategy for shareholders,taking advantage of external growth opportunities and Ichigo’s solar power plant
operating expertise and management know-how.

* Distribution of this material: the Kabuto Club, the press club of the Ministry of Land,Infrastructure, Transport, and Tourism, and the press club for construction industry
newspapers at the Ministry of Land, Infrastructure, Transport, and Tourism

Disclaimer: This translation is for informational purposes only. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shallprevail. This document is an English translation of a press release for public announcement regarding the approval to list shares by Ichigo Green Infrastructure
Fund, and has not been prepared for the purpose of solicitation of investment. We caution investors to refer to Ichigo Green Infrastructure Fund’s prospectus andnotice of amendments thereto, if any, without fail and to undertake investment at their own decision and responsibility.

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