[For Information Purpose Only.
The Japanese language press release should be referred to as the original.]
July 31, 2024
To All Concerned Parties
Name of REIT Issuer:
Invincible Investment Corporation
Naoki Fukuda, Executive Director(Securities code: 8963)
Asset Manager:
Consonant Investment Management Co., Ltd.
Naoki Fukuda, President & CEO
Contact: Jun Komo
General Manager of Planning Department(Tel. +81-3-5411-2731)

Notice concerning Completion of Acquisition of Domestic Trust Beneficiary Interests
Invincible Investment Corporation (“INV”) announces that the acquisition of the following assets,
which was announced in the press release “Notice concerning Acquisition and Lease ofDomestic Trust Beneficiary Interests” dated July 18, 2024, has been completed today.
DetailsNo.

Property Name

Acquisition Price(million yen )1

D90

Art Hotel Osaka Bay Tower & Solaniwa Onsen

31,185

D91

Hakodate Kokusai Hotel

16,830

D92

Art Hotel Nippori Lungwood

16,335

D93

Hotel MyStays Kumamoto Riverside

6,831

D94

Art Hotel Aomori

5,672

D95

Kamenoi Hotel Izukogen

5,563

D96

Art Hotel Oita

5,484

D97

Art Hotel Kokura New Tagawa

4,672

D98

Art Hotel Miyazaki Sky Tower

3,821D99

Art Hotel Kagoshima

3,395

D100

Kamenoi Hotel Hikone

2,603

D101

Kamenoi Hotel Nara

2,029

Total

104,420

This English language notice is a translation of the Japanese-language notice released on July 31, 2024 and was prepared solely for the convenience of, and referenceby, non-Japanese investors. It is not intended as an inducement or solicitation for investment. We caution readers to undertake investment decisions based on theirown investigation and responsibility. This translation of the original Japanese-language notice is provided for informational purposes only, and no warranties orassurances are given regarding the accuracy or completeness of this English translation. Readers are advised to read the original Japanese-language notice. In theevent of any discrepancy between this translation and the Japanese original, the latter shall prevail in all respects.

(Note 1) Acquisition prices show purchase prices set forth in the purchase and sale agreements for the trust
beneficiary interests of each property and do not include adjustments for property taxes, city planningtaxes, or national or local consumption taxes. Amounts are rounded down to the nearest unit.

Website of INV: https://www.invincible-inv.co.jp/en

This English language notice is a translation of the Japanese-language notice released on July 31, 2024 and was prepared solely for the convenience of, and referenceby, non-Japanese investors. It is not intended as an inducement or solicitation for investment. We caution readers to undertake investment decisions based on theirown investigation and responsibility. This translation of the original Japanese-language notice is provided for informational purposes only, and no warranties orassurances are given regarding the accuracy or completeness of this English translation. Readers are advised to read the original Japanese-language notice. In theevent of any discrepancy between this translation and the Japanese original, the latter shall prevail in all respects.