Ichigo Preserves and Improves Real Estate[Provisional Translation Only]
This English translation of the original Japanese document is provided solely for information purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

February 23, 2018
IssuerIchigo Office REIT Investment Corporation (“Ichigo Office,” 8975)
1-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo
Representative: Yoshihiro Takatsuka, Executive Director
www.ichigo-office.co.jp/english/
Asset Management Company
Ichigo Investment Advisors Co., Ltd.
Representative: Wataru Orii, PresidentInquiries: Hiroto Tajitsu, Head of Administration
Tel: +81-3-3502-4891

Changes in Officers and Organization ofAsset Management Company
Ichigo Investment Advisors (“IIA”), the asset management company of Ichigo Office, decided
today on the following changes to its officers and organization, effective March 1, 2018.
Statutory Executive Officers
New Position
Chairman & Statutory ExecutiveOfficer (Overall Company
Scott Callon
Management)
President & Representative Statutory
Executive Officer (Overall Company
Wataru Orii
Management, Acquisitions & Sales)
Head of Acquisitions & Sales Division
Executive Vice President & Statutory
Takeyuki Yoshimatsu
Executive Officer
Senior Executive Managing Director& Statutory Executive Officer (PrivateFunds)
Kenji Shibasaki
Head of Private Funds Division
Head of Portfolio Management
Executive Managing Director &Shinichi Fukasawa
Statutory Executive Officer(Office REIT)
Senior Statutory Executive Officer
Takayoshi Hiiro(Green Infrastructure)

Current Position

Name

Masanori Kubota

Hiroto Tajitsu

Hiroshi Iwai

Unchanged

Unchanged–Unchanged

Unchanged
Unchanged

Statutory Executive Officer (Finance)

Unchanged

Statutory Executive Officer(Administration)
Head of Administration Division
Head of Business Planning

Statutory Executive Officer(Administration)
Head of Administration Division
Head of Business Planning, Risk
Management

Statutory Executive Officer(Hotel REIT)
1

Unchanged

Corporate Reorganization
Within the Administration Division, the Business Planning team will absorb and carryout the Risk Management function.
IIA Organization Chart
Before Change
AGM
Nominating
Committee

Audit Committee

Board of Directors

Compensation
Committee

ChairmanInternal Audit

President

Risk & Compliance Committee

Compliance

Acquisitions & Sales
Acquisitions & Sales

Inv estment Committee(Office REIT)

Inv estment Committee(Hotel REIT)

Inv estment Committee(Green Infrastructure)

Office REIT

Hotel REIT

Green Infrastructure

Asset Management
Portfolio Management

Asset & Portfolio
Management

Asset & Portfolio
Management

Inv estment Committee(Priv ate Funds)

Private Funds

Finance

Administration

Portfolio Management

Finance
Accounting

Business Planning
Risk Management
IR

After Change (effective March 1, 2018)
AGM
Nominating
Committee

Audit Committee

Board of Directors

Compensation
Committee

ChairmanInternal Audit

President

Risk & Compliance Committee

Compliance

Acquisitions & Sales
Acquisitions & Sales

Inv estment Committee(Office REIT)

Inv estment Committee(Hotel REIT)

Office REIT

Hotel REIT

Asset Management
Portfolio Management

Asset & Portfolio
Management

Inv estment Committee(Green Infrastructure)

Green Infrastructure
Asset & Portfolio
Management

Inv estment Committee(Priv ate Funds)

Private Funds

Finance

Administration

Portfolio Management

Finance
Accounting

Business Planning
IR

These changes in officers and organization will be conducted in accordance with theprovisions of the Financial Instruments and Exchange Law, the Building Lots andBuildings Transaction Business Law, and other applicable laws and regulations.

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