( Translation of Japanese Original )

January 27, 2022

For Immediate Release

REIT Issuer

Hankyu Hanshin REIT, Inc. (Securities Code: 8977)

19-19Chaya-machi,Kita-ku, Osaka

Yoshiaki Shiraki, Executive Director

Asset Management Company

Hankyu Hanshin REIT Asset Management, Inc.

Yoshiaki Shiraki, President & Representative Director

Contact:

Kiyotaka Okano

General Manager, Financial and IR Department

Email: IR_PR@hhram.co.jp

Notice Concerning Debt Financing Interest Rate

Hankyu Hanshin REIT, Inc. (hereafter "HHR") announces that the applicable interest rate of the debt financing announced in "Notice Concerning Debt Financing" on January 21, 2022 has been determined as below.

Interest rate for the debt financing amount scheduled to be executed on January 31, 2022

Category

Lender

Amount of debt financing

Interest rate

Maturity date

(millions of yen)

Long-term

MUFG Bank, Ltd.

2,000

0.67250%

January 30, 2032

borrowing

Fixed interest rate

Total

2,000

• HHR website: https://www.hankyuhanshinreit.co.jp/eng/

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Disclaimer

Hankyu REIT Inc. published this content on 27 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2022 07:08:19 UTC.