This English translation is provided for information purposes only. If any discrepancy is identified between thistranslation and the Japanese original, the Japanese original shall prevail.
February 15, 2024
REIT Issuer:
Japan Hotel REIT Investment Corporation (TSE code: 8985)
Kaname Masuda, Executive Director
Asset Management Company:
Japan Hotel REIT Advisors Co., Ltd.
Hisashi Furukawa, President and CEO
Contact:
Makoto Hanamura
Director of the Board, Managing Director
Head of Finance and Planning Division
TEL: +81-3-6422-0530

Notice Concerning Acquisition of BELS Certification
Japan Hotel REIT Investment Corporation (hereinafter called “JHR”) announces that it acquired the Building-Housing
Energy-efficiency Labeling System (BELS) Certification from a third-party for the following property. This recent
certification brings the total number of BELS-certified properties in JHR’s portfolio to three.

1.

BELS-certified Property and Certification Rank
PropertyName

UAN kanazawa

Location

6-30 Oyama-machi,
Kanazawa-shi, Ishikawa

Building
Completion

September 2017

Certification
Rank(Note) Evaluation Agent: Center for Better Living

2.

Overview of BELS Certification

BELS is a third-party certification system established by the Ministry of Land, Infrastructure, Transport and Tourism toevaluate and display the energy-saving performance of buildings. This system evaluates buildings’ energy consumption
performance based on values such as the primary energy consumption calculated in accordance with the Building
Energy Consumption Performance Standards set by the government. These evaluations are conducted by third-party
organizations and displayed through a five-level energy-saving performance rating, ranging from one star (★) to fivestarts (★★★★★). The number of stars indicates the level of energy-saving performance, with more stars denoting
higher efficiency. Additionally, a rating of two stars (★★) or above signifies that the building meets the current energysaving standards.
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3.

JHR’s Initiatives for Sustainability

JHR and Japan Hotel REIT Advisors Co., Ltd. (hereinafter called “JHRA”), the asset management company of JHR,
believe that sound management that enables co-living and co-existence with society and the environment contributes tothe enhancement of unitholders’ value over the medium to long term, and are working to improve sustainability throughconsideration of Environment, Social, and Governance (ESG).
JHR and JHRA jointly formulated the Sustainability Policy in December 2017 and have been promoting a series of ESGrelated activities, such as reducing environmental impact and considering stakeholders. In December 2021, JHR identified
the Materiality to enhance its ESG initiatives further and is promoting measures to address each issue. JHR also believes
that appropriately disclosing its initiatives and fostering trust with stakeholders will contribute to JHR's medium- to longterm growth.
JHR is committed to enhancing the energy efficiency of its hotel assets, actively pursuing initiatives to protect theenvironment and minimize environmental impact.
* Website of Japan Hotel REIT Investment Corporation: https://www.jhrth.co.jp/en/2