Translation of Japanese Original

April 26, 2022

To All Concerned Parties

REIT Issuer:
Kenedix Office Investment Corporation
Hikaru Teramoto, Executive Director(Securities Code: 8972)
Asset Management Company:
Kenedix Real Estate Fund Management, Inc.
Masahiko Tajima, President & CEO
Inquiries:
Hiroaki Momoi
Head of Strategic Planning,
Office REIT Department
TEL: +81-3-5157-6010

Notice Concerning Debt Financing (Series 193)
and Execution of Prepayment of Borrowing (Series 184-A)

Kenedix Office Investment Corporation (“the Investment Corporation”) announced today that the Investment
Corporation decided to undertake the debt financing (total of 1,000 million yen) and the execution of prepayment ofborrowing. Please see below for the details.
1. Outline of Debt Financing
Series193

LenderAmountNippon Life
Insurance Company

1,000millionyen

Interest Rate
(Note 1) (Note 2)

0.35000%(Fixed interest rate)

Application
Date

April 26,
2022

Drawdown
Date

April 28,2022

Principal
Repayment
Date (Note 1)

Collateral ・Repayment
MethodMay 31,
2027

Unsecured,
unguaranteed・Repaymentof principal
in full on
maturity date

Note: The first interest payment is due at the end of October 2022, and on the last day of every 6 months thereafter with the principal repayment day.
If each interest payment day or the principal repayment day is a non-business day, then the interest payment or the principal repayment will bedue on the next business day and if that next business day is in the next month, then previous business day will be applied.

2. Purpose of Debt Financing
The borrowing above is to apply the fund towards the prepayment of the portion of Series 184-A (1,000 million yen)with the principal repayment date of June 30, 2022. In addition, for the purpose of diversifying and expanding thefinancial institutions that we deal with, we newly borrow from Nippon Life Insurance Company as a new lender.

3. Outline of Planned Prepayment of Borrowing
SeriesLenderBalance ofBorrowing

Prepayment
AmountBalanceafter
Prepayment

Drawdown
Date

Principal
Repayment
Date

PlannedPrepayment
Date

Collateral

184-A

Mizuho Bank,
Ltd.

2,000
millionyen

1,000
millionyen

1,000
millionyen

July 12,2021

June 30,
2022

April 28,
2022

Unsecured,
unguaranteed

Note: For outlines of the borrowings, please refer to the press release, “Notice Concerning Debt Financing (Series 184 and 185), Execution of anInterest Rate Swap Agreement and Prepayment of Borrowing (Series 181-A)” dated July 5, 2021.

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4. Status of Borrowings and Investment Corporation Bonds after the Debt Financing etc. and the Other Debt
Financing on the Same Date （Note 1） (as of April 28, 2022)(Millions of yen)

Short-Term Borrowings (Note 2)

Balance before
the Debt Financing, etc. andthe Other Debt Financing on
the Same Date (Note1)
7,700

Balance afterthe Debt Financing, etc. andthe Other Debt Financing onthe Same Date（Note1）
8,600

Long-Term Borrowings (Note 3)

178,050

183,550+5,500185,750

192,150+6,400Classification

Total Borrowings
Investment Corporation Bonds
Total Borrowings and Investment Corporation Bonds

Difference+900

13,00013,0000

198,750

198,750

205,150

Note 1: In addition to the above borrowing and prepayment, the other borrowings will be executed on the same date. For details on the otherborrowings, please refer to the press release, “Notice Concerning Debt Financing (Series 192).” dated today.
Note 2: Short-term borrowings refer to debt financing with a period less than or equal to one year from the drawdown date to the principal repayment
date. However, the borrowings for which the period until the principal repayment date has surpassed one year because the principal
repayment date after one year from the drawdown date is not a business day, and for which the principal repayment date has been moved toa different business day, are included in short-term borrowings.
Note 3: Long-term borrowings refer to debt financing with a period more than one year from the drawdown date to the principal repayment date.

6. OtherFor risks concerning the repayment, etc. of the aforementioned debt financing, there are no significant changes to the“Investment Risks” as described in the Securities Report (submitted on January 28, 2022).
The Investment Corporation’s website: https://www.kdo-reit.com/en/
This notice is the English translation of the Japanese announcement on our website released on April 26, 2022. However, no assurance
or warranties are given for the completeness or accuracy of this English translation.

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