Environmental Performance Data
Independent Verification Report
To: Mitsubishi Estate Logistics REIT Investment Corporation
June 19, 2024
Japan Audit and Certification Organization
for Environment and Quality (JACO)
2-2-19 Akasaka Minato-ku Tokyo Japan

President Hiroyuki Onodera
Japan Audit and Certification Organization for Environment and Quality (JACO) has been engaged
by Mitsubishi Estate Logistics REIT Investment Corporation (hereinafter “the Organization”) to conduct
independent verification of its environmental performance data prepared under the responsibility ofthe Organization. The aim of this verification is to consider the accuracy of environmental performancedata and to provide a verification opinion.
The verification was conducted as limited assurance according to the procedure agreed with theOrganization based on JACO’s verification standard in accordance with International Standard on
Assurance Engagements (ISAE) 3000, “Assurance Engagements Other than Audits or Reviews ofHistorical Financial Information”. The procedures performed in a limited assurance engagement varyin nature and timing from, and are less in extent than for, a reasonable assurance engagement.
Consequently, the level of assurance obtained in a limited assurance engagement is substantiallylower than the assurance that would have been obtained had a reasonable assurance engagement
been performed.

Summary of verification
With regard to the Environmental Performance Data of 29 assets for the fiscal year 2023 (from April1, 2023 to March 31, 2024) reported by the Organization, verification was conducted.
Verification scope

Sampling sites

The environmental performancedata of business activities in theOrganization’s 29assets in fiscal year 2023:

Sites visited:
Logicross Yokohama-Kohoku, MJ Logipark Inzai 1,
Verification was conducted based on confirmation ofrelated documents formulated, interviews with orinquiries to the responsible persons and persons incharge, confirmation of the method of obtaining data,and comparison between the reported data and its
supporting documented information (evidence).

・ Energy consumptions
・ Water consumptions; and・ Wastes disposal amount

Data sampling sites:
MJ Logipark Osaka 1, Logicross Osaka,
MJ Logipark Tsuchiura 1, MJ Logipark Nishinomiya 1
Verification was conducted based on comparison
between the reported data and its supporting
documented information (evidence).

Conclusion
Based on the procedures we have performed and evidence we have obtained, nothing has come toour attention that causes us to believe that the Organization’s Environmental Performance Data is notprepared, in all material respects, in accordance with the methodology implemented by theOrganization.

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Verified Environmental Performance Data:
Fiscal year 2023
・ Energy consumptions: 57,791,435.1 kWh・ Water consumptions: 128,747.1 m3
・ Wastes disposal amount: 4,848.9 t

Independence and Quality Control
We have complied with the independence and other ethical requirements of the Code of Ethics forProfessional Accountants issued by the International Ethics Standards Board for Accountants, which
is founded on fundamental principles of integrity, objectivity, professional competence and due care,confidentiality and professional behavior. JACO applies International Standard on Quality Control 1
and accordingly maintains a comprehensive system of quality control including documented policies
and procedures regarding compliance with ethical requirements, professional standards andapplicable regulatory requirements.
The Organization and JACO verification team did not have any specific conflicts of interest and carriedout the verification on an independent basis.

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