Make The World
More Sustainable[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.

September 27, 2019
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: Hiroshi Iwai, President
Inquiries: 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 October 1, 2019, tostrengthen its asset management functions and governance.
Statutory Executive Officers (from October 1, 2019)
NameWataru Orii

Shinichi Fukasawa

Takayoshi Hiiro
Masanori Kubota

New Position

Current Position
Chairman & Statutory Executive
Officer (Overall Company
Chairman & Statutory ExecutiveManagement, Acquisitions & Sales)
Officer (Overall Company)
Head of Acquisitions & Sales
Division
Executive Managing Director &Executive Managing Director &Statutory Executive Officer
Statutory Executive Officer(Ichigo Office), Head of Ichigo(Ichigo Office)
Office Portfolio Management
Senior Statutory Executive Officer
Senior Statutory Executive Officer(Ichigo Green), Head of Ichigo Green (Ichigo Green), Head of Ichigo Green
Asset & Portfolio Management
Asset Management
Statutory Executive Officer
Statutory Executive Officer (Finance)(AM Execution)

Hiroto Tajitsu

Statutory Executive Officer(Business Planning)

Statutory Executive Officer(Administration)

Hidehito Iwasaka

Statutory Executive Officer(Ichigo Hotel), Head of Ichigo Hotel
Asset Management

Statutory Executive Officer(Ichigo Hotel), Head of Ichigo Hotel
Asset & Portfolio Management

1Corporate Reorganization
IIA is eliminating what had been a separate Finance Division to integrate its functions
into the divisions responsible for managing Ichigo Office, Ichigo Hotel, Ichigo Green,and Private Funds, respectively, to increase the autonomy and capabilities of thesedivisions. IIA is also establishing a new AM Execution Division to handle contract
documentation, regulatory disclosures, and investor relations.
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(Ichigo Office)Inv estment Committee(Ichigo Hotel)

Inv estment Committee(Ichigo Green)

Ichigo Office

Ichigo Hotel

Ichigo Green

Asset Management
Portfolio Management

Asset & Portfolio
Management

Asset & Portfolio
Management

Inv estment Committee(Priv ate Funds)

Private Funds

Finance

Administration

Portfolio Management

Finance
AccountingBusiness PlanningIR

AM Execution

Business Planning

After Change (effective October 1, 2019)
AGM
Nominating
Committee

Audit Committee

Board of Directors

CompensationCommittee

ChairmanInternal Audit

President

Risk & Compliance Committee

ComplianceInv estment Committee(Ichigo Office)Inv estment Committee(Ichigo Hotel)

Inv estment Committee(Ichigo Green)Inv estment Committee(Priv ate Funds)

Ichigo Office

Ichigo Hotel

Ichigo GreenPrivate Funds

Asset Management

Asset Management

Asset Management

Asset Management

Acquisitions & Sales

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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