Green Bond Fact Sheet

AEON REIT Investment Corp

Date: 31/10/2019

Issue date: 21-10-2019 Maturity date: 20-10-2022 Tenor: 3Issuer NameAEON REIT InvestmentCorp

Amount Issued

JPY3.3bn/USD30.4m

Country of riskJapan

CBI Database

Included

Issuer Type1

Financial Corporate

Bond TypeTerm loan

Green Bond Framework

See green bond rating

Second party opinion

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

Green 1 (JCRA)☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☒ Energy performance☒ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewater treatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use &agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose & paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation & resilience☐ ICT☐ Industry: process

Issue details
ReportingIssuer information

The following information will be disclosed on an annual basis on the company’s website: statusof funds for Green Finance, the balance of Green Finance, total eligible criteria, and the upper
limit of Green Finance procurement. If there are any changes in the projects, this will bedisclosed as well. Also, the appropriation of funds when necessary if the period of which thefunds are unallocated is extended, will be disclosed.
In addition to that, once a year certification levels will be disclosed as well as total energy
consumption and greenhouse gas emissions of its properties.
AEON REIT Investment Corp is a Japanese-based Real Estate Investment Trust that has aportfolio of around 40 properties, mainly in Japan. They were founded in 2012 and are a listed
venue on the Tokyo Stock Exchange.

Firsts, records andcertifications
Proceeds description

The proceeds will go towards investments in buildings that have acquired or will acquire
environmental certifications within the top three categories of regional, national orinternational certification levels. Funds are also eligible to go towards renovations aimed atimproving environmental aspects such as energy efficiency and water consumption
performance.

Climate Bonds view

Another Japanese REIT joining the market benefiting from an SPO. It is good to see ambitious
certification targets for the buildings that are being financed.

Underwriters
Deal comments
Credit Rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign