February 9, 2024
For Immediate Release
Real Estate Investment Trust Securities Issuer:
Advance Residence Investment Corporation(Securities Code：3269)
1-105 Kanda-Jinbocho, Chiyoda-ku, Tokyo
Representative: Wataru Higuchi, Executive Director
Asset Management Company:
ITOCHU REIT Management Co., Ltd.
Representative: Junichi Shoji, Representative Director,President & CEO
Inquiries:
Isao Kudo, Executive Officer(TEL. +81-3-6821-5483)

Notice Concerning First Participation in CDP Climate Change Program
Advance Residence Investment Corporation (ADR) hereby announces that ADR participated in CDP Climate
Change Program for the first time in 2023 and received a "B" score.

1. About CDP Assessment
ADR participated in the CDP for the first time in 2023 answering the Climate Change Questionnaire and receiveda "B" score. ADR is also the first residential J-REIT (Note) to participate in CDP.

2.

About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states andregions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP
pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental
impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000
organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including
listed companies worth two thirds global market capitalization - and over 1,100 cities, states and regions. For details,
please refer to the website of ARES below (in Japanese only).
CDP scores are evaluated on 8 levels: Leadership level (A, A-), Management level (B, B-), Awareness level (C, C-),and Disclosure level (D, D-).

1
[Provisional Translation]
This English translation of the original Japanese document is provided solely for informational purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

For more information on this evaluation, please refer to the website of CDP (https://www.cdp.net/en).
(Note) Residential J-REIT are investment corporations listed on the Real Estate Investment Trust Securities Market of the Tokyo Stock Exchangethat primarily invest in residential properties and have at least 50% of their portfolio invested in residential properties.

3.

Initiatives for ADR and IRM
ADR and ITOCHU REIT Management Co., Ltd, (IRM) the asset management company to which ADR entrusts themanagement of its assets recognizes the importance of sustainability through environmental consideration, social
contributions and improving its tenants’ satisfaction to maintain and add value to ADR’s assets in the medium to longterm. We will continue to promote these activities to further raise our unitholder’s value going forward.

About Advance Residence Investment Corporation
Advance Residence Investment Corporation is the largest J-REIT specializing in residential properties and is managed by ITOCHU REITManagement Co., Ltd. (IRM), the asset management company of the ITOCHU Group, investing in over 280 rental apartments located mostly incentral Tokyo and in other major cities throughout Japan (AUM over 480 billion yen). ADR can be expected have a stable dividend in the long-termand can be considered as a defensive J-REIT, on back of the stable income from residential assets and with the largest dividend reserve amongJ-REITs.
"Advance" is the common brand name of the real estate investment corporation managed by ITOCHU REIT Management Co., Ltd.
ADR’s website: https://www.adr-reit.com/en/
IRM’s website : https://www.itc-rm.co.jp/en/

2[Provisional Translation]
This English translation of the original Japanese document is provided solely for informational purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.