Translation of Japanese Original
October 22, 2021

To All Concerned Parties

REIT Issuer:
Kenedix Office Investment Corporation
Jiro Takeda, Executive Director(Securities Code: 8972)
Asset Management Company:
Kenedix Real Estate Fund Management, Inc.
Masahiko Tajima, President & CEO
Inquiries:
Hiroaki Momoi
Head of Planning Division
Office REIT Department
TEL: +81-3-5157-6010

Notice Concerning Organizational Change at the Asset Management Company
Kenedix Office Investment Corporation (“the Investment Corporation”) has announced today, that the Board of
Directors of Kenedix Real Estate Fund Management, Inc. (“the Asset Management Company”), the asset managementcompany for the Investment Corporation, decided an organizational change at the Asset Management Company.
Details are as follows.
1. Detail of Organizational Change
The Asset Management Company decided that, on November 1, 2021, it will integrate the Asset Investment
Division or the investment teams in the Investment Management Division and the Planning Division at each of
REIT Departments of the Asset Management Company, which have jurisdiction over the Investment Corporation,
Kenedix Residential Next Investment Corporation (“KDR”), Kenedix Private Investment Corporation (“KPI”) and
Kenedix Retail REIT Corporation (“KRR”) (collectively, “the Investment Corporations” as appropriate), fromwhich the Asset Management Company is entrusted with asset management business, into the Acquisition
Department and the Strategic Planning Department, which are common to the REIT Departments, respectively,
and to newly create Sustainability Office in the Strategic Planning Department and newly create Sustainability
Committee, which is common to the Departments, as an advisory organ regarding matters relating to sustainability
and ESG of the Asset Management Company and the Investment Corporations, for the purpose of enhancing
approaches to sustainability (“the Organizational Change”).
There will be no change in the compliance and internal audit system of the Investment Corporation.
2. Reason for the Organizational Change
In order to achieve further growth of the Investment Corporation, the Asset Management Company will integrate
the Asset Investment Division or the investment teams in the Investment Management Division and the Planning
Division at each of the REIT Departments, into the Acquisition Department and the Strategic Planning Department,
which are common to the REIT Departments, respectively, for the purpose of promoting effective human resource
development and allocation and increasing the efficiency of the overall business structure of the Asset Management
Company.
In addition, in order to build a system that can respond more effectively and efficiently to increasingly important
ESG and sustainability issues through cross-organizational efforts by the Asset Management Company, the AssetManagement Company will newly create Sustainability Office in the Strategic Planning Department and newly
create Sustainability Committee, which are common to the Departments and chaired by the President andRepresentative Director of the Asset Management Company, as an advisory organ regarding matters relating tosustainability and ESG of the Investment Corporation and the Asset Management Company.
We aim to enhance our business management system further by the Organizational Change.

13. Organizational Chart of the Asset Management Company after the Organizational Change
Please refer to Reference Material 1.
4. Separation of Duties at the Asset Management Company after the Organizational Change
Please refer to Reference Material 2.
5. Effective Date of the Organizational Change
November 1, 2021
Reporting and notifications with regard to this matter will be conducted in accordance with the Financial Instruments
and Exchange Act, the Real Estate Brokerage Act, and other applicable laws and regulations.
The Investment Corporation’s website: https://www.kdo-reit.com/en/
This notice is the English translation of the Japanese announcement on our website released on October 22, 2021. However, noassurance or warranties are given for the completeness or accuracy of this English translation.

2

Reference Material 1
Organization Chart of the Asset Management Company after the Organizational Change

Chairman,
Representative Director

Internal Audit
Dept.

Corporate Auditors

Office REIT Department

Office REIT Department
Asset Management Committee
Asset Management Div.

Residential REIT Department

Residential REIT Department
Asset Management Committee
Asset Management Div.

President and CEO

Board of Directors

Shareholders` Meeting

Private REIT Department

Private REIT Department
Asset Management Committee
Asset Management Div.

Retail REIT Department

Retail REIT Department
Asset Management Committee
Asset Management Div.
Property Management
Div.

Compliance Officer / Compliance Dept.

Sustainability Committee

Compliance Committee

Acquisition Department

Strategic Planning Department

Sustainability Office

Corporate Department

Business Administration
Div.
Finance & Accounting
Div.
Engineering Div.
IT Planning Div.

3

Reference Material 2(Before)Separation of Duties at the Asset Management Company after the Organizational Change(Underlined parts are amended.)
Section Name

Duties

Office REIT Department

Overall management of business related to asset management (“KDO AssetManagement Business”) of Kenedix Office Investment Corporation (“KDO”)
Asset Investment Division
・ Items related to establishment and amendment of management guidelines of
KDO
・ Items related to acquisition of assets related to KDO Asset Management
Business・Items related to disposal of assets related to KDO Asset Management Business
・Items related to individual management of investment management risk (asset
acquisition and disposal) of KDO
・Items related to research and analysis of real estate markets, etc. (those related
to KDO)・Other items incidental to or related to the above items
Asset Management Division
・ Items related to asset management related to KDO Asset Management
Business・ Items related to establishment and amendment of property management plansof KDO・Items related to management of budgets and results of real estate, etc. owned
by KDO・Items related to individual management of investment management risks (asset
management) of KDO
・ Items related to individual management of real estate management risks(management) of KDO
・Items related to supervision of construction work related to real estate, etc.
owned by KDO
・Items related to individual management (construction work) of real estate
management risks (construction work) of KDO
・Other items incidental to or related to the above items
Planning Division
・ Items related to financing of KDO, which are related to issuance ofinvestment units, issuance of investment corporation bonds and other direct
financing・ Items related to the capital policy of KDO
・Items related to establishment and amendment of mid-term management plansof KDO・Items related to establishment and amendment of annual management plansof KDO・Items related to IR activities of KDO
・Items related to disclosure of KDO (including asset management reports of
KDO; however, the Office REIT Department will support the Finance &Accounting Division in preparing Securities Reports and Financial Reports of
KDO)
・Items related to research and analysis of real estate investment trust markets(those related to KDO)
・Items related to measures for unitholders of KDO (except for matters related to4Residential REIT
Department

general unitholders’ meetings)
・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities (those related to KDO)
・Items related to measures for related organizations (those related to KDO)
・Other items incidental to or related to the above items
Overall management of business related to asset management (“KDR AssetManagement Business”) of Kenedix Residential Next Investment Corporation(“KDR”)
Asset Investment Division
・ Items related to establishment and amendment of management guidelines of
KDR
・ Items related to acquisition and disposal of assets related to KDR AssetManagement Business
・Items related to individual management of investment management risk (asset
acquisition and disposal) of KDR
・Items related to research and analysis of real estate markets, etc. (those related
to KDR)・Other items incidental to or related to the above items
Asset Management Division
・ Items related to asset management related to KDR Asset Management
Business・ Items related to establishment and amendment of property management plansof KDR
・Items related to management of budgets and results of the real estate, etc. owned
by KDR
・Items related to individual management of investment management risk (asset
management) of KDR
・ Items related to individual management of real estate management risks(management) of KDR
・Items related to supervision of construction work related to the real estate, etc.
owned by KDR
・Items related to management of the status of facility operation and credit
management of financial condition of operators related to the real estate, etc.
owned by KDR
・Other items incidental to or related to the above items
Planning Division
・ Items related to financing of KDR, which are related to issuance ofinvestment units, issuance of investment corporation bonds and other direct
financing・ Items related to the capital policy of KDR
・Items related to establishment and amendment of mid-term management plansof KDR
・Items related to establishment and amendment of annual management plansof KDR
・Items related to IR activities of KDR
・Items related to disclosure of KDR (including asset management reports of
KDR; however, the Residential REIT Department will support the Finance &Accounting Division in preparing Securities Reports and Financial Reports of
KDR)
・Items related to research and analysis of real estate investment trust markets(those related to KDR)
・Items related to measures for unitholders of KDR (except for matters related togeneral unitholders’ meetings)

5

Private REIT Department

・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities (those related to KDR)
・Items related to measures for related organizations (those related to KDR)・
Other items incidental to or related to the above items
Overall management of business related to asset management (“KPI AssetManagement Business”) of Kenedix Private Investment Corporation (“KPI”)
Asset Investment Division
・ Items related to establishment and amendment of management guidelines of
KPI
・ Items related to acquisition and disposal of assets related to KPI AssetManagement Business
・Items related to individual management of investment management risk (asset
acquisition and disposal) of KPI・Items related to research and analysis of real estate markets, etc. (those related
to KPI)・ Items related to asset management related to KPI Asset Management
Business・ Items related to establishment and amendment of property management plans
of KPI・Items related to management of budgets and results of the real estate, etc. owned
by KPI・Items related to individual management of investment management risk (asset
management) of KPI・ Items related to individual management of real estate management risks(management) of KPI・Items related to supervision of construction work related to the real estate, etc.
owned by KPI・Items related to management of the status of facility operation and credit
management of financial condition of operators related to the real estate, etc.
owned by KPI (those related to accommodations)・Other items incidental to or related to the above items
Planning Division
・ Items related to financing of KPI, which are related to issuance of investment
units and other direct financing
・ Items related to the capital policy of KPI・Items related to establishment and amendment of mid-term management plans
of KPI・Items related to establishment and amendment of annual management plans
of KPI・Items related to IR activities of KPI・Items related to disclosure of KPI (including asset management reports of KPI)・Items related to research and analysis of real estate investment trust markets(those related to KPI)・Items related to measures for unitholders of KPI (including items related toconsultative procedures for unitholders, but excluding matters related togeneral unitholders’ meetings)
・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities (those related to KPI)・Items related to measures for related organizations (those related to KPI)・Items related to intermediary business of purchase and sale of the rights set
forth in Article 2, Paragraph 2, Item 5 of the Financial Instruments andExchange Act (Act No. 25 of 1948; as amended) that are rights under the6Retail REIT Department

limited partnership agreements for investment as set forth in Article 3,
Paragraph 1 of the Limited Partnership Act for Investment (Act No. 90 of 1998)(“Type II Financial Instruments Business”)
・Items related to preparation of various reports related to Type II Financial
Instruments Business・Other items incidental to or related to the above items
Overall management of business related to asset management (“KRR AssetManagement Business”) of Kenedix Retail REIT Corporation (“KRR”)
Asset Investment Division
・ Items related to establishment and amendment of management guidelines of
KRR
・ Items related to acquisition and disposal of assets related to KRR AssetManagement Business
・Items related to individual management of investment management risk (asset
acquisition and disposal) of KRR・Items related to research and analysis of real estate markets, etc. (those related
to KRR)・Other items incidental to or related to the above items
Asset Management Division
・ Items related to asset management related to KRR Asset Management
Business・Items related to management of budgets and results of the real estate, etc. owned
by KRR
・Items related to individual management of investment management risk (asset
management) of KRR
・ Items related to establishment and amendment of property management plansof KRR・ Items related to individual management of real estate management risks(management) of KRR・Items related to supervision of construction work (excluding minor constructionwork) related to the real estate, etc. owned by KRR
・ Items related to individual management of real estate management risks(construction work) of KRR
・Other items incidental to or related to the above items
Property Management Division
・ Items related to management of lease related to the real estate, etc. owned by
KRR・ Items related to management of buildings related to the real estate, etc.
owned by KRR
・ Items related to management of deposits and withdrawals related to the realestate, etc. owned by KRR
・ Items related to supervision of minor construction work related to the realestate, etc. owned by KRR
・Other items incidental to or related to the above items
Planning Division
・ Items related to financing of KRR, which are related to issuance ofinvestment units, issuance of investment corporation bonds and other direct
financing・ Items related to the capital policy of KRR・Items related to establishment and amendment of mid-term management plansof KRR
・Items related to establishment and amendment of annual management plansof KRR

7

Corporate Department

・Items related to IR activities of KRR・Items related to disclosure of KRR (including asset management reports of
KRR; however, the Retail REIT Department will support the Finance &Accounting Division in preparing Securities Reports and Financial Reports of
KRR)
・Items related to research and analysis of real estate investment trust markets(those related to KRR)
・Items related to measures for unitholders of KRR (excluding matters related togeneral unitholders’ meetings)
・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities (those related to KRR)
・Items related to measures for related organizations (those related to KRR)
・Other items incidental to or related to the above items
Overall Management Business relating to the Asset Management Company and
KDO, KDR, KPI and KRR (overall management of the business operations of theAsset Management Company as an asset management company of KDO, KDR,
KPI and KRR, as well as appropriate collection and sharing of management
information and tasks, and business support for Office REIT Department,
Residential REIT Department, Private REIT Department and Retail REIT
Department)
a. Business Administration Division
・Items related to development of business plans and budget planning of the AssetManagement Company
・Items related to administration of general unitholders’ meetings and board of
directors’ meetings of KDO, KDR, KPI and KRR・Items related to administration of shareholders’ meetings, board of directors’
meetings and meetings of various committees of the Asset Management
Company・Items related to general affairs, accounting and human resources
・Items related to individual management of administrative risk and business
continuity risk
・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities (related to the Asset Management Company)
・Other items incidental to or related to the above items
b. Finance & Accounting Division
・ Items related to indirect financing such as borrowing from financial
institutions with regard to financing of KDO, KDR, KPI and KRR・Items related to accounting and account settlement of KDO, KDR, KPI and
KRR・Items related to preparation of Securities Reports of KDO, KDR and KRR・Items related to preparation of Financial Reports of KDO, KDR and KRR
・Provision of support for each Planning Division of Office REIT Department,
Residential REIT Department, Private REIT Department and Retail REIT
Department regarding asset management reports of KDO, KDR, KPI and KRR・Items related to budget planning of KDO, KDR, KPI and KRR・ Items related to individual management of financial risk of KDO, KDR, KPI
and KRR
・Items related to negotiations, etc. concerning jurisdiction business of KDO,
KDR, KPI and KRR with regulatory authorities
・Items related to budget planning of the Asset Management Company
・Items related to accounting of the Asset Management Company
・Other items incidental to or related to the above items
c. Engineering Division
・Provision of support for construction planning related to the real estate, etc.
owned by KDO, KDR, KPI and KRR
・Provision of support for execution of construction work related to the real estate,etc. owned by KDO, KDR, KPI and KRR

8Compliance Department/
Compliance Officer

Internal Audit Department
Compliance Committee
Office REIT Department
Asset Management
Committee
Residential REIT
Department AssetManagement Committee
Private REIT Department
Asset Management
Committee
Retail REIT Department
Asset Management
Committee

・Provision of support for items related to individual management of real estate
management risks (construction work) of KDO, KDR, KPI and KRR
・Other items incidental to or related to the above items
d. IT Planning Division
・Items related to development of system strategy and planning relating to the
management and operation of KDO, KDR, KPI, KRR and the AssetManagement Company
・Items related to the introduction, management and abolishment of the systems
relating to the management and operation of KDO, KDR, KPI, KRR and theAsset Management Company
・Items related to individual management of system risk
・Other items incidental to or related to the above items
・Items related to compliance program planning and other compliance overallmanagement
・Items related to establishment, revision and abolishment of internal rules andregulations as well as verification of the status of compliance therewith
・ Items related to verification of the status of compliance with laws andregulations in connection with overall business
・Items related to overall handling of complaints
・Items related to management of corporate information and insider trading
・Items related to overall management of information
・Items related to risk management
・ Items related to individual management of legal compliance risk andadministrative risk
・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities
・Other items incidental to or related to the above items
・Items related to internal audit
Examination and resolution of matters to be examined as set forth in the“Regulations for the Compliance Committee,” which are separately prescribed
Examination and resolution of matters to be examined as set forth in the“Regulations for the Office REIT Department Asset Management Committee,”which are separately prescribed
Examination and resolution of matters to be examined as set forth in the“Regulations for the Residential REIT Department Asset Management
Committee,” which are separately prescribed
Examination and resolution of matters to be examined as set forth in the“Regulations for the Private REIT Department Asset Management Committee,”which are separately prescribed
Examination and resolution of matters to be examined as set forth in the“Regulations for the Retail REIT Department Asset Management Committee,”which are separately prescribed9

(After)
Section Name

Duties

Office REIT Department

Overall management of business related to asset management (“KDO AssetManagement Business”) of Kenedix Office Investment Corporation (“KDO”)
Asset Management Division
・ Items related to asset management related to KDO Asset Management
Business・ Items related to establishment and amendment of property management plansof KDO・Items related to management of budgets and results of real estate, etc. owned
by KDO・Items related to individual management of investment management risks (asset
management) of KDO
・ Items related to individual management of real estate management risks(management) of KDO
・Items related to supervision of construction work related to real estate, etc.
owned by KDO
・Items related to individual management (construction work) of real estate
management risks (construction work) of KDO
・Other items incidental to or related to the above items
Overall management of business related to asset management (“KDR AssetManagement Business”) of Kenedix Residential Next Investment Corporation(“KDR”)
Asset Management Division
・ Items related to asset management related to KDR Asset Management
Business・ Items related to establishment and amendment of property management plansof KDR
・Items related to management of budgets and results of the real estate, etc. owned
by KDR
・Items related to individual management of investment management risk (asset
management) of KDR
・ Items related to individual management of real estate management risks(management) of KDR
・Items related to supervision of construction work related to the real estate, etc.
owned by KDR
・Items related to management of the status of facility operation and credit
management of financial condition of operators related to the real estate, etc.
owned by KDR
・Other items incidental to or related to the above items
Overall management of business related to asset management (“KPI AssetManagement Business”) of Kenedix Private Investment Corporation (“KPI”)
Asset Management Division
・ Items related to asset management related to KPI Asset Management
Business・ Items related to establishment and amendment of property management plans
of KPI・Items related to management of budgets and results of the real estate, etc. owned
by KPI・Items related to individual management of investment management risk (asset
management) of KPI・ Items related to individual management of real estate management risks

Residential REIT
Department

Private REIT Department

10Retail REIT Department

Corporate Department(management) of KPI・Items related to supervision of construction work related to the real estate, etc.
owned by KPI・Items related to management of the status of facility operation and credit
management of financial condition of operators related to the real estate, etc.
owned by KPI (those related to accommodations)・Other items incidental to or related to the above items
Overall management of business related to asset management (“KRR AssetManagement Business”) of Kenedix Retail REIT Corporation (“KRR”)
Asset Management Division
・ Items related to asset management related to KRR Asset Management
Business・Items related to management of budgets and results of the real estate, etc. owned
by KRR
・Items related to individual management of investment management risk (asset
management) of KRR
・ Items related to establishment and amendment of property management plansof KRR・ Items related to individual management of real estate management risks(management) of KRR・Items related to supervision of construction work (excluding minor constructionwork) related to the real estate, etc. owned by KRR
・ Items related to individual management of real estate management risks(construction work) of KRR
・Other items incidental to or related to the above items
Property Management Division
・ Items related to management of lease related to the real estate, etc. owned by
KRR・ Items related to management of buildings related to the real estate, etc.
owned by KRR
・ Items related to management of deposits and withdrawals related to the realestate, etc. owned by KRR
・ Items related to supervision of minor construction work related to the realestate, etc. owned by KRR
・Other items incidental to or related to the above items
Overall Management Business relating to the Asset Management Company andany investment corporation that has entered into an asset management agreementwith the Asset Management Company (hereinafter, as the context requires,
individually or collectively, “Asset Management Investment Corporation(s),” ofwhich those listed on the Tokyo Stock Exchange Real Estate Investment Trust
Securities Market will be referred to as “Asset Management Investment
Corporation(s) (Listed)” and those not listed thereon will be referred to as “AssetManagement Investment Corporation(s) (Unlisted)”) (overall management of thebusiness operations of the Asset Management Company as an asset managementcompany of an Asset Management Investment Corporation, as well as appropriate
collection and sharing of management information and tasks, and businesssupport for Office REIT Department, Residential REIT Department, Private REIT
Department and Retail REIT Department)
a. Business Administration Division
・Items related to development of business plans and budget planning of the AssetManagement Company
・Items related to administration of general unitholders’ meetings and board of
directors’ meetings of Asset Management Investment Corporations
・Items related to administration of shareholders’ meetings, board of directors’
meetings and meetings of various committees of the Asset Management

11Compliance Department/
Compliance Officer

Company・Items related to general affairs, accounting and human resources
・Items related to individual management of administrative risk and business
continuity risk
・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities (related to the Asset Management Company)
・Other items incidental to or related to the above items
b. Finance & Accounting Division
・ Items related to indirect financing such as borrowing from financial
institutions with regard to financing of Asset Management Investment
Corporations
・ Items related to accounting and account settlement of Asset Management
Investment Corporations
・Items related to preparation of Securities Reports of KDO, KDR and KRR・Items related to preparation of Financial Reports of KDO, KDR and KRR
・Provision of support for the Strategic Planning Department regarding asset
management reports of the Asset Management Investment Corporations
・Items related to budget planning of Asset Management Investment Corporations
・ Items related to individual management of financial risk of Asset Management
Investment Corporations
・Items related to negotiations, etc. concerning jurisdiction business of AssetManagement Investment Corporations with regulatory authorities
・Items related to budget planning of the Asset Management Company
・Items related to accounting of the Asset Management Company
・Other items incidental to or related to the above items
c. Engineering Division
・Provision of support for construction planning related to the real estate, etc.
owned by Asset Management Investment Corporations
・Provision of support for execution of construction work related to the real estate,etc. owned by Asset Management Investment Corporations
・Provision of support for items related to individual management of real estate
management risks (construction work) of Asset Management Investment
Corporations
・Other items incidental to or related to the above items
d. IT Planning Division
・Items related to development of system strategy and planning relating to the
management and operation of Asset Management Investment Corporations andthe Asset Management Company
・Items related to the introduction, management and abolishment of the systems
relating to the management and operation of Asset Management Investment
Corporations and the Asset Management Company
・Items related to individual management of system risk
・Other items incidental to or related to the above items
・Items related to compliance program planning and other compliance overallmanagement
・Items related to establishment, revision and abolishment of internal rules andregulations as well as verification of the status of compliance therewith
・ Items related to verification of the status of compliance with laws andregulations in connection with overall business
・Items related to overall handling of complaints
・Items related to management of corporate information and insider trading
・Items related to overall management of information
・Items related to risk management
・ Items related to individual management of legal compliance risk andadministrative risk
・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities
・Other items incidental to or related to the above items

12

Internal Audit Department

・Items related to internal audit

Acquisition Department

・ Items related to establishment and amendment of management guidelines ofAsset Management Investment Corporations
・ Items related to acquisition and disposal of assets related to the asset
management business of Asset Management Investment Corporations
・Items related to individual management of investment management risk (asset
acquisition and disposal) of Asset Management Investment Corporations
・Items related to research and analysis of real estate markets, etc.
・Other items incidental to or related to the above items
Asset Management Investment Corporations (Listed)
・ Items related to financing of Asset Management Investment Corporations,which are related to issuance of investment units, issuance of investment
corporation bonds and other direct financing
・ Items related to the capital policy of Asset Management Investment
Corporations
・Items related to establishment and amendment of mid-term management plansof Asset Management Investment Corporations
・Items related to establishment and amendment of annual management plansof Asset Management Investment Corporations
・Items related to IR activities of Asset Management Investment Corporations
・Items related to disclosure of Asset Management Investment Corporations(including asset management reports; however, the Strategic Planning
Department will support the Finance & Accounting Division in preparing
Securities Reports and Financial Reports)
・Items related to research and analysis of real estate investment trust markets
・Items related to measures for unitholders of Asset Management Investment
Corporations (except for matters related to general unitholders’ meetings)
・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities (those related to Asset Management Investment
Corporations)
・Items related to measures for related organizations (those related to AssetManagement Investment Corporations)・Other items incidental to or related to the above items

Strategic Planning
Department

Asset Management Investment Corporation (Unlisted)
Items related to financing of Asset Management Investment Corporation, which
are related to issuance of investment units and other direct financing
・ Items related to the capital policy of Asset Management Investment
Corporation
・Items related to establishment and amendment of mid-term management plansof Asset Management Investment Corporation
・Items related to establishment and amendment of annual management plansof Asset Management Investment Corporation
・Items related to IR activities of Asset Management Investment Corporation
・ Items related to disclosure of Asset Management Investment Corporation(including asset management reports)
・Items related to research and analysis of real estate investment trust markets
・Items related to measures for unitholders of Asset Management Investment
Corporation (including matters related to consultation with unitholders, but
excluding matters related to general unitholders’ meetings)
・ Items related to negotiations, etc. concerning jurisdiction business withregulatory authorities (those related to Asset Management Investment

13

Compliance Committee
Sustainability Committee
Office REIT Department
Asset Management
Committee
Residential REIT
Department AssetManagement Committee
Private REIT Department
Asset Management
Committee
Retail REIT Department
Asset Management
Committee

Corporation
・Items related to measures for related organizations (those related to AssetManagement Investment Corporation)
・Items related to intermediary business of purchase and sale of the rights set
forth in Article 2, Paragraph 2, Item 5 of the Financial Instruments andExchange Act (Act No. 25 of 1948; as amended) that are rights under thelimited partnership agreements for investment as set forth in Article 3,
Paragraph 1 of the Limited Partnership Act for Investment (Act No. 90 of 1998)(“Type II Financial Instruments Business”)
・Items related to preparation of various reports related to Type II Financial
Instruments Business
・Items related to the promotion of the items related to sustainability and ESG of
the Asset Management Company and Asset Management Investment
Corporation
・Other items incidental to or related to the above items
Examination and resolution of matters to be examined as set forth in the“Regulations for the Compliance Committee,” which are separately prescribed
Consultation regarding the items related to sustainability and ESG of the AssetManagement Company and Asset Management Investment Corporations as wellas provision of advice toward the promotion of approaches to these items
Examination and resolution of matters to be examined as set forth in the“Regulations for the Office REIT Department Asset Management Committee,”which are separately prescribed
Examination and resolution of matters to be examined as set forth in the“Regulations for the Residential REIT Department Asset Management
Committee,” which are separately prescribed
Examination and resolution of matters to be examined as set forth in the“Regulations for the Private REIT Department Asset Management Committee,”which are separately prescribed
Examination and resolution of matters to be examined as set forth in the“Regulations for the Retail REIT Department Asset Management Committee,”which are separately prescribed14