TOP Investment corporation overview Governance system While maximizing the value chain of the Tokyu Real Estate Holdings Group, the Investment Corporation shall formulate a decision-making flow related to asset management that ensures third-party characteristics, and a method of sharing profits between unitholders and Tokyu Real Estate. Therefore, we will improve and enhance the governance system with the aim of emphasizing unitholders' interests. Decision-making flow regarding acquisition of assets under management The Asset Management Company has added a third-party real estate appraiser to the Investment Committee to ensure third-partyness in decision-making. Sharing of profits of unitholders and profits of Tokyu Land The Asset Management Company has received the following statement of intention from Tokyu Land Corporation in order to improve mutual profits between the Investment Corporation and Tokyu Land Corporation. At the time of listing Owns investment units equivalent to approximately 10% of the total number of issued investment units of the Investment Corporation Statement of intention to continue holding investment units equivalent to about 10% of the total number of issued investment units of the Investment Corporation in the five years since the listing of the Investment Corporation (Note) Includes holdings through affiliated companies of Tokyu Land Corporation. If the Investment Corporation issues additional investment units after listing, it expresses its intention to seriously consider purchasing a part of the additional investment units. Overview of investment corporation, history, status of officers Structure of investment corporation Governance system Overview of asset management company top of the page Copyright (C) Comforia Residential Reit, Inc. All Rights Reserved.