For Translation Purposes Only

December 1, 2020
For Immediate Release
Infrastructure Fund Issuer
Takara Leben Infrastructure Fund, Inc.
Representative: Masahide Kikuchi,
Management Company
Takara Asset Management Co., Ltd.
Representative: Mamoru Takahashi,Contact:
Masahide Kikuchi,

Executive Director
Securities Code: 9281

President & CEO
Vice President
TEL: +81-3-6262-6402

Notice of interest rate swap contract and borrowing via Green Loan
Takara Leben Infrastructure Fund, Inc. (“the Fund”) announced that it has entered an interest rate swap contract andborrowed funds (“the Borrowings”) as announced in the Notice Regarding Borrowing of Funds, released on 9 November 2020,
via a Shinsei Green Loan (“the Green Loan”). The details are as follows.

Ⅰ．Interest rate swap contract
１．Details of the interest rate swap contract

Counterparty

Sumitomo Mitsui
Banking Corporation

Expected
Principal(million yen)

2,497Interest (Note 1)
Fixed rate
Variable rateof interestof interest
payablereceivable

0.920%

6-monthTIBOR +0.5%(annualized)

Contract
date1
December2020

Start date1
December2020

Maturitydate

The lastday ofNovember
2030

Interest
payment date(Note 2)
To be paid inarrears, once
on the initial
payment date(the last dayof May2021), thensubsequently
on the last
day of every
May andNovember
until the final
payment date(last day ofNovember2030).

For Translation Purposes Only

Shinsei Bank, Limited

2,497

0.920%

6-monthTIBOR +0.5%(annualized)

1
December
2020

1
December
2020

30
November
2030

To be paid inarrears, once
on the initial
payment date(the last dayof May2021), thensubsequently
on the last
day of every
May andNovember
until the final
payment date(last day ofNovember2030).

(Note 1) The interest rate swap arrangement will effectively fix the interest rate on the Expected Principal related to the Borrowings at 0.920%.
(Note 2) If the day specified is not a business day, the interest shall be paid on the following business day, or if the following business day falls in the following
month, the interest shall be paid on the immediately preceding business day.

2. Reason for arranging an interest rate swap contract
The interest rate swap contract is intended to effectively fix the interest rate payable on the Borrowings and so avoid therisk of interest rate fluctuation.
II. The Green Loan
１． Summary of the Green Loan evaluation
The Green Loan is a loan in which the funds provided can only be used for businesses recognized to have a clear,beneficial impact on the environment. It complies with the Shinsei Green Finance Framework (Note 1) established byShinsei Bank, Limited.
The Fund believes that the acquisition of six solar power facilities and related leasing business announced in the NoticeRegarding Acquisition and Lease of Domestic Infrastructure Projects (released 9 November 2020) (“the Evaluated Project”)contributes to three of the UN’s SDGs (Note 2), namely, 7. Affordable Clean Energy, 9. Industry, Innovation andInfrastructure, and 13. Climate Action.

In addition, the Evaluated Project also scores highly in terms of: compatibility with the Fund’s basic principles andorganizational goals; compatibility with activities to contribute to local society carried out by Takara Asset Management(entrusted by the Fund with asset management); and appropriate risk management frameworks at Takara Asset Management.

For Translation Purposes Only

２． Summary of the Green Loan
① Purpose

To fund the acquisition of six solar power facilities (Note 3) including LS Miyagi Matsushima② Amount

5,150 million yen③ LenderSyndicate loan arranged by Sumitomo Mitsui Banking Corporation and Shinsei Bank, Limited,and participated in by The Daisan Bank, Limited, Tsukuba Bank, Ltd., The Chiba Bank, Ltd,and The Hyakujushi Bank, Ltd.

④ Redemption date

30 November 2030

(Note 1) For a summary of the Shinsei Green/Social/Sustainability Finance Frameworks, which include the Shinsei Green Finance Framework, please contact
Shinsei Bank, Limited’s Group Investor Relations & Corporate Communications Division at Shinsei_PR@shinseibank.com.
(Note 2) SDGs are an acronym for Sustainable Development Goals and form the core of Transforming our world: the 2030 Agenda for Sustainable
Development, which was the outcome document from the September 2015 UN summit. The framework comprises 17 global goals and 169 targets.
(Note 3) For a summary of the Assets to Be Acquired, refer to the Notice Regarding Acquisition and Lease of Domestic Infrastructure Projects, released by theFund on 9 November 2020.

Ⅲ．Other matters necessary for investors to understand and make informed decisions related to the information provided
There have been no changes in risks related to the repayment of the Borrowings from those listed in Section 1 (FundInformation), Chapter 1 (Fund Conditions), Part 3 (Investment Risks) of the Securities Report filed on 31 August 2020 (including
the revised Securities Report filed on 9 November 2020), and Section 2 (Reference Information), Chapter 2 (SupplementaryInformation for Reference Materials), Part 3 (Investment Risks) of the Securities Registration Statement filed on 9 November2020 (including the revised statements filed on 10 and 16 November 2020).

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