January 6, 2023
Provisional translation only

Fukuoka REIT Corporation
1-2-25 Sumiyoshi, Hakata Ward, Fukuoka City
Zenji Koike
Executive Director(Securities Code: 8968)
Asset Management Company:
Fukuoka Realty Co., Ltd.
1-2-25 Sumiyoshi, Hakata Ward, Fukuoka City
Zenji Koike
President and CEO
Inquiries:
Hiroyuki Ayabe
Executive Officer and General Manager
Finance Department
TEL: +81-(0)92-272-3900

Notice Concerning Submission of Registration for Investment Advisory and Agency Businessand Related Change of Organization
Fukuoka REIT Corporation (FRC) announces that Fukuoka Realty Co., Ltd. (FR), the asset management company
to which FRC entrusts the management of its assets, today decided to register for investment advisory and agency
business with the Financial Services Agency in accordance with the Financial Instruments and Exchange Act. In
connection with this, a change in the organizational structure of FR has also been decided.
1. Aim of This Matter
Following its registration for investment advisory and agency business, FR, in addition to the asset management
it performs for FRC, will start an investment advisory business. FR will provide investment advisory services toa private fund (the “Private Fund”), which a part of sponsors of FR will establish to invest in special purpose
companies that will conduct silent partnership investment.
The expansion of opportunities for information acquisition and improved expertise in asset management broughton by FR’s entry into the investment advisory business are expected to contribute to improvement of unitholder
value for FRC.
2. Registration to Start Investment Advisory and Agency Business
FR today registered for investment advisory and agency business with the Financial Services Agency in order tostart its investment advisory business.
3. Change in Organizational Structure
Upon the start of its investment advisory business, FR will make the following change in its organizational
structure to prevent conflicts of interest from arising between FRC and other clients of FR in order to improve theefficiency of its operations.
1) Details of the change
Establish the Private Fund Management Office as the department responsible for investment advisory
operations for the Private Fund
2) Date of change
February 1, 2023 (scheduled)
3) Overview of organization chart
Please refer to the attached sheet for the organization chart of FR before and after the change.
-1-4. Preventing Competition in Property Acquisition
Because there are currently no plans to acquire additional properties other than the properties owned at the timeof FR starting its investment advisory business under the Private Fund or to have FR be entrusted with investment
advisory business for other private funds, there will be no impact on property acquisition opportunities for FRC.
In the future, if there is a possibility that FR will undertake new investment advisory services or may acquire
properties, FR will conduct such services after making necessary changes to its organizational structure andinternal regulations and implementing administrative procedures in order to prevent conflicts of interest fromarising between competitors and FRC.
5. Amendment of Statement of Operational Procedures
1) Main objectives
In connection with the management of the Private Fund and registration for investment advisory and agency
business, as well as the change in organizational structure of FR, amendments will be made to the statementof operational procedures with the aim of adding or changing related matters, and the Financial Services
Agency will be notified of these amendments.
2) Date of notificationFebruary 1, 2023 (scheduled)
6. Other
Necessary notification procedures shall be taken in accordance with the Financial Instruments and Exchange Act,
the Building Lots and Buildings Transaction Business Act, and other applicable laws and regulations concerning
this matter.
7. Future Outlook
There will be no impact on the results of FRC.

*FRC’s website is https://www.fukuoka-reit.jp/en/index.htm-2-【Attachment】
Organization Chart of Fukuoka Realty Co., Ltd.
<Before change>
Shareholders General
Meeting
Corporate Auditor
Board of Directors
Compliance Assessment
Committee
Investment Committee

Executive CommitteePresident and CEO
Sustainability Promotion
Committee

Risk Management
Committee

Compliance Department

Real Estate Management
Department

Investment Department

Finance Department

Planning Department<After change>
Shareholders General
Meeting
Corporate Auditor
Board of Directors
Compliance Assessment
Committee
Investment Committee

Executive Committee
President and CEO
Sustainability Promotion
Committee

Risk Management
Committee

Real Estate Management
Department

Investment Department

Compliance Department

Finance Department

Planning Department
Private Fund Management
Office-3-