May 10, 2018
For Translation Purpose Only
To All Concerned Parties
REIT Securities Issuer
3-8-11 Kudan Minami, Chiyoda-ku, Tokyo
Sakura Sogo REIT Investment Corporation
Representative: Makoto Muranaka,
Executive Director:(Securities Code 3473)
Asset Management Company:
Sakura Real Estate Funds Management, Inc.
Contact:
Makoto Muranaka,
Representative Director andPresident
Tel:+81-3-6272-6608

Notice of Amendments of Articles of Incorporation and Appointment of Officers
Sakura Sogo REIT Investment Corporation (hereinafter the “Investment Corporation”) announces thatthe Board of Directors resolved at its meeting held today to place the following plan for amendments ofarticles of incorporation and appointing directors on the agenda of the 2nd General Meeting ofUnitholders scheduled on May 31, 2018. Details are as follows.
The agenda items explained below shall take effect with approval by the General Meeting ofUnitholders stated above.
1.

Partial Amendment of the Articles of Incorporation(1) Amendments are made in order to align the classification of assets in the Articles ofIncorporation with that provided in the Order for Enforcement of the Act on Investment Trustsand Investment Corporations (Cabinet Order No. 480 of 2000, as amended; Hereinafterreferred to as the “Investment Trust Act Enforcement Order”) due to addition, to Specified
Assets, of Renewable Energy Power Generation Facilities and Right to Operate Public Facility,etc. pursuant to the amendment of the Investment Trust Act Enforcement Order (relating toArticle 32, Paragraph 2 of the current provisions of the Articles of Incorporation).
(2) Assets are added to the list of assets to be invested into and amendments are made inorder to prepare for the need to make investment into Shinkin Banks by equity interests underthe Act of Shinkin Bank (Act No. 238 of 1951, as amended) in relation to the loan to theInvestment Corporation from Shinkin Banks (relating to Article 32, Paragraph 3 of the current
provisions of the Articles of Incorporation).
(3) A new provision is inserted in order to clarify that there is a possibility that the Investment
Corporation will acquire a majority of the total number or the total amount of issued shares orequities in a corporation provided for in Article 221-2, Paragraph 1 of the Ordinance forEnforcement of the Act on Investment Trusts and Investment Corporations (Ordinance of thePrime Minister’s Office No. 129 of 2000, as amended) (hereinafter referred to as a“Corporation Holding Overseas Real Estate”) (relating to Article 32, Paragraph 4 of the
proposed amendments to the Articles of Incorporation).
(4) In order to expand the opportunities for acquisition of real estate, etc. and considering thetiming of fund raising, etc., amendments are made to change the fiscal term end of theInvestment Corporation from the end of February and the end of August each year to the endof June and the end of December each year (relating to Article 9, Paragraph 1, Article 12,Paragraph 1 and Article 45 of the current provisions of the Articles of Incorporation).
(5) Fee related provisions are adjusted to prepare for the case where the Investment
Corporation acquires shares or equities in a Corporation Holding Overseas Real Estate(relating to Attachment 1 of the current amendments to the Articles of Incorporation).
(6) A new provision regarding merger fees is inserted to prepare for mergers by theInvestment Corporation (relating to Attachment 1, Article 5 of the proposed provisions of theArticles of Incorporation).
(7) This proposal also includes alterations of wording, deletion of unnecessary provisions, andsorting of clauses.
2.

Appointment of Officers
Makoto Muranaka has requested to resign as executive director effective upon the conclusion of theGeneral Meeting of Unitholders to be held on May 31, 2018.
In addition, Shigeru Kaneda and Hirotaka Isayama have requested to resign as supervisory director
effective upon the conclusion of the General Meeting of Unitholders in order to align the date oftermination of term with that of the executive director. Therefore, Investment Corporation will submit
proposals to appoint one executive director (candidate: Makoto Muranaka) and two supervisory
directors (candidates: Shigeru Kaneda and Hirotaka Isayama) to the General Meeting of Unitholders.
.

3.

Schedule of General Meeting of Unitholders
May 10, 2018Approval at the meeting of Investment Corporation’s board ofdirectors to submit the agenda to Investment Corporation’s 2ndgeneral meeting of unitholders

May 16, 2018 (scheduled)

Mailing of “Notice of Convocation of the 2nd General Meeting ofUnitholders"

May 31, 2018 (scheduled)

The 2nd general meeting of unitholders

Sakura Sogo REIT Investment Corporation website address: http://sakurasogoreit.com/en/