<Provisional translation>
March 14, 2017

For Immediate Release
REIT Issuer
Hankyu REIT, Inc. (Securities Code: 8977)
19-19 Chaya-machi, Kita-ku, Osaka
Yoshiaki Shiraki, Executive Director
Asset Management Company
Hankyu REIT Asset Management, Inc.
Yoshiaki Shiraki, President & Representative Director
Contact:
Hiroshi Yoshida
General Manager, IR and Public Relations Dept.
Email: hankyureit-ir@hankyu-rt.jp

Notice Concerning Resignation and Appointment of Directors
and Changes in Important Employees at Asset Management Company
Hankyu REIT, Inc. (hereafter “Hankyu REIT”) hereby notifies that at a Board of Directors meeting held today
at Hankyu REIT Asset Management, Inc. (hereafter the “Asset Management Company”), the asset
management company that Hankyu REIT has selected to manage its assets, it received resignation requests
from Directors (part-time) Yasuki Fukui and Toyoyuki Komori and accepted the resignation, and was made to
put forward proposals of election of directors to the extraordinary general meeting of shareholders to be heldon April 1, 2017 and to change in important employee at the Asset Management Company. The details are asfollows.
Details

1. Resigning Directors (Date of resignation: March 31, 2017)
Director (part-time)

Yasuki Fukui

Director (part-time)

Toyoyuki Komori

2. Directors to be Newly Elected (as of April 1, 2017)
Director (part-time)

Kenji Yamaguchi

Director (part-time)

Noriyuki Yagi

*Career summary of the directors to be newly elected is provided on the attached material.

3. Change in Important Employee (as of April 1, 2017)(New)

Toshihiko Mori

General Co-Manager of Compliance Department and General Co-Manager of Internal Audit Department

Hankyu REIT will conduct necessary procedures, including notification etc., as prescribed by the Financial
Instruments and Exchange Act, Building Lots and Buildings Transaction Act and other applicable laws andregulations.

1<Attachment>
・Attachment: Career Summary of Directors to be Newly Elected••The Japanese original document was distributed to press clubs within the Tokyo Stock Exchange (Kabuto Club), Osaka
Securities Exchange, and the Ministry of Land, Infrastructure, Transport and Tourism, and to the press club of the construction
trade newspaper of the Ministry of Land, Infrastructure, Transport and Tourism.
Hankyu REIT website: http://www.hankyu-reit.jp/eng/

2

Attachment

Career Summary of Directors to be Newly ElectedNamePosition(Date of Birth)DirectorKenji Yamaguchi
Apr. 1990(part-time)(October 12, 1966)
Apr. 1999

Career Summary
Joined Hankyu Corporation
Named Manager in charge of Corporate
Information of Housing Sales Department
Named Manager of Structural Reform
Promotion Office
Named Manager of Administration Promotion
OfficeNamed Manager of Group Policy Promotion
OfficeNamed Manager of Real Estate Management
Department
Named Manager of Real Estate Management
Department and General Manager in charge ofCorporate Planning Department of Hankyu
Realty Co., Ltd.
Named Vice General Manager of Real Estate
Development Department
Named General Co-Manager of Metropolitan
Area Business Department
Named General Manager of Metropolitan Area
Business Department
To be named General Co-Manager of Real
Estate Management Department of Hankyu
Corporation and Director and General Managerof Corporate Planning Department (part-time)of Hankyu Realty Co., Ltd.
To be named Director (part-time) of Hankyu
REIT Asset Management, Inc.

Jun. 2000
Apr. 2001
Jun. 2002
Dec. 2003
Apr. 2010

Mar. 2014
Apr. 2015
Apr. 2016
Apr. 2017

Apr. 2017

Position
Director(part-time)

Name(Date of Birth)
Noriyuki Yagi
(January 21, 1969)

Career Summary
Apr. 1991

Joined Hanshin Electric Railway Co., Ltd.
Named Chief of Land Administration Department
Named Chief of Real Estate Development
Department
Named Manager of Land Management
Department
Named Manager of Real Estate Development
Department
Named Manager of Real Estate Development
OfficeTo be named General Manager of Real EstateDevelopment Office
To be named Director (part-time) of Hankyu
REIT Asset Management, Inc.

Jul. 1999
Jul. 2005
Jul. 2006
Jul. 2007
Jul. 2010
Apr. 2017
Apr. 20173