FOR IMMEDIATE RELEASE

April 20, 2022

Company Name: Leopalace21 Corporation

Representative:

Bunya Miyao, President and CEO

Code Number:

8848 (Tokyo Stock Exchange, Prime Market)

Contact:

Shinji Takekura, Executive Officer

Tel: +81-50-2016-2907

E-mail:ir@leopalace21.com

Notice Concerning Status of Providing Housing Support to Ukrainian Refugees

Leopalace21 Corporation (Headquarters: Nakano-ku, Tokyo; President and CEO: Bunya Miyao; the "Company") announced the Company's policy of supporting Ukrainian refugees in the announcement dated March 7 of Notice Concerning Providing Housing Support to Ukrainian Refugees. The Company stays synchronized with the Japanese government policy and determines the operational details once the government's national support scheme gets available. The Company received numerous inquiries and making progress in below-mentioned collaborative cases based on its track record of offering fully furnished rental housing and a fact of having Ukrainians as the tenants.

In collaboration with the companies which offered individual support plans, Pan Pacific International Holding Corporation (hereinafter "PPIH") announced on April 19, 2022 their status of accepting and providing living and financial support to 100 households of Ukrainian refugees. PPIH mentioned in the announcement that the Company offered apartment rooms in PPIH's initiative of providing housing support.

It is because PPIH found it convenient to source the apartment rooms under the Company's management in terms of readiness for the refugees to start their living in the rooms with furniture and home appliances equipped as standard and to stay in comfort with Leonet, an internet connection service.

The Company also received inquiries from a number of local governments in preparation for the case where they find it difficult to allocate public housing. The Company will continue to cooperate with the central and local governments step by step.

The Company remains committed to working with the other companies and local governments which announced their intention of providing humanitarian aid to Ukrainian refugees and contributes to providing housing support. The Company wishes that the Ukrainians' suffering should be relieved as soon as possible and the peace should be restored in Ukraine and the world.

END

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Leopalace21 Corporation published this content on 20 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2022 01:14:01 UTC.