B-Lot Co., Ltd. Announces Formation of Real Estate Private Fund and Equity Investment by Affiliate

B-Lot Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director: Makoto Miyauchi; TSE Standard: 3452) has designated 'expansion of business opportunities through equity investment' as a key strategy in its mid-term management plan. We are pleased to announce that B-Lot Asset Management Co., Ltd. ('BAM') has formed a real estate private fund for the following property and that the B-Lot Group has also conducted an equity investment.

1. Project Background In acquiring the target property, BAM formed the fund, arranged non-recourse loan financing and equity investors, and has been commissioned for asset management services.

Furthermore, the B-Lot Group has conducted a 'same-boat' investment to align interests with stakeholders, including the fund's investors, and to achieve a stronger commitment to mid-to-long-term value enhancement.

2. Target Property - **Name**: Nine Hours Suidobashi - **Location**: Misaki-cho 3-chome, Chiyoda-ku, Tokyo - **Land Area**: 245.83 sqm (74.36 tsubo) - **Floor Area**: 1,040.80 sqm (314.84 tsubo) - **Type**: Hotel / Store - **Completion**: November 2019

3. Overview of BAM (B-Lot Asset Management Co., Ltd.) - **Representative**: President & CEO Taro Togawa - **Location**: 1-11-7 Shinbashi, Minato-ku, Tokyo - **Licenses**: - Financial Instruments Business Registration [Kanto Finance Bureau (Kinsho) No. 2287] - Investment Management, Investment Advisory and Agency, Type II Financial Instruments Business - Comprehensive Real Estate Investment Advisory [General No. 137] - Real Estate Brokerage [Tokyo Governor (4) No. 91096] - **Shareholder**: B-Lot Co., Ltd. (100%)