August 5, 2024
For Immediate Release
Real Estate Investment Trust Securities Issuer:
Mitsui Fudosan Logistics Park Inc.
(Securities Code: 3471)
6-8-7 Ginza, Chuo-ku, Tokyo 104-0061
Representative: Hiroshi Asai, Executive Director
Asset Management Company:
Mitsui Fudosan Logistics REIT Management Co., Ltd.
Representative: Shinobu Sakanoshita, President and Chief
Executive Officer
Inquiries: Kenji Yamamoto, Managing Director and Chief
Financial Officer
Tel. +81-3-6327-5160

Notice Concerning Split of Investment Units
Mitsui Fudosan Logistics Park Inc. (“MFLP-REIT”) announced that it has decided at the Board of Directors Meeting held
today, to split its investment units (“the Split of Investment Units”) as follows.
1. Purpose of Split of Investment Units
As announced in the press release “Notice Concerning Execution of the Merger Agreement between Mitsui Fudosan
Logistics Park Inc. and Advance Logistics Investment Corporation” dated today by MFLP-REIT and Advance Logistics
Investment Corporation (“ADL”), MFLP-REIT and ADL agreed to implement an absorption-type merger (the “Merger”),
in which MFLP-REIT will become the surviving corporation and ADL will become the dissolving corporation, with theeffective date being November 1, 2024, and entered into a merger agreement (the “Merger Agreement”) as of today.
The Merger will be performed by way of an absorption-type merger with MFLP-REIT as the surviving corporation, and themerger ratio before considering the Split of Investment Units would be MFLP-REIT 1: ADL 0.292. However, with thismerger ratio, 0.292 MFLP-REIT investment units will be allotted to every ADL investment unit, resulting in a large numberof ADL unitholders that will receive MFLP-REIT investment units of less than one unit. For this reason, in order to enable
the ADL unitholders to continue to hold MFLP-REIT investment units after the Merger, we decided to split MFLP-REIT
investment units at a ratio of four investment units per one investment unit, for the purpose of providing at least one MFLPREIT investment unit to all ADL unitholders. As a result of the Split of Investment Units, ADL unitholders will be allotted
1.168 MFLP-REIT investment units after the Split of Investment Units for each ADL investment unit.
2. Overview of Split of Investment Units(1) Method of Split of Investment Units
MFLP-REIT will implement a four for one split of the investment units held by MFLP-REIT unitholders stated orrecorded on the registry of unitholders as at the end of October 31, 2024, which is the day preceding the effective dateof the Merger. The Split of Investment Units will become effective on November 1, 2024, which is the effective date ofthe Merger, provided that the merger agreement pertaining to the Merger has not been terminated or expired by the day
before the effective date of the Merger.
The merger described in this press release involves securities of a Japanese company. The merger is subject todisclosure requirements of Japan that are different from those of the United States. Financial information includedin this document, if any, was excerpted from financial statements prepared in accordance with foreign accounting
standards that may not be comparable to the financial statements of United States companies.
It may be difficult for you to enforce your rights and any claim you may have arising under the U.S. federal
securities laws, since the issuer is located in Japan and some or all of their officers and directors reside outside ofthe United States. You may not be able to sue a Japanese company or its officers or directors in a Japanese court forviolations of the U.S. securities laws. It may be difficult to compel a Japanese company and its affiliates to subject
themselves to a U.S. court’s judgment.
You should be aware that the issuer may purchase securities otherwise than under the merger, such as in the open
market or through privately negotiated purchases.
1Fractions of a unit resulting from the allotment to ADL unitholders after the Split of Investment Units will be sold on
the market in accordance with statutory provisions, and the proceeds will be delivered to the unitholders according to
the fractions that each of them holds.
＊The final trading day with rights at the Tokyo Stock Exchange will be October 29, 2024.

(2) Number of Investment Units to be Increased by the Split of Investment Units(ⅰ)
Total number of outstanding investment units before
608,000 units
the Split of Investment Units(ⅱ) Number of investment units to be increased by the1,824,000 units
Split of Investment Units(ⅲ) Total number of outstanding investment units after
2,432,000 units
the Split of Investment Units(ⅳ) Total number of outstanding MFLP-REIT
3,219,699 units (Note 1)
investment units after the Merger(ⅴ) Total number of authorized investment units after
32,000,000 units (Note 2)
the Split of Investment Units and the Merger(Note 1) The number under the assumption that, in connection with the Merger, 1.168 MFLP-REIT investment units following the Split of Investment
Unit would be allocated to every ADL investment unit with respect to all outstanding ADL investment units (674,400 units) as of today.
(Note 2) The current total number of authorized MFLP-REIT investment units is 8,000,000 units. However, in connection with the Split of Investment
Units, the Articles of Incorporation of MFLP-REIT will be partially amended, and the total number of authorized investment units will bechanged as of the effective date of the Merger. For details, please see the “Notice Concerning Approval of a Merger Agreement and Partial
Amendments to the Articles of Incorporation ” released today.

3. Schedule of Split of Investment Units(1)
Date of public announcement of record date

Early October 2024 (planned)(2)

Record date

October 31, 2024 (planned)(3)Effective dateNovember 1, 2024 (planned)
End*MFLP-REIT’s corporate website: https://www.mflp-r.co.jp/en/2