Advance Residence Investment Corporation
New Initiatives for Reinforcement of the Revenue Base, etc.

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Forward-looking statements provide current expectations of future events based on number of assumptions and include statements that do not directly relate to any historical or current facts. Forward-looking
statements are not guarantees of future performance and the Company's actual results may differ
significantly from the results discussed in the forward-looking statements.
This material is based on Japanese GAAP unless otherwise stated.
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ITOCHU REIT Management Co., Ltd.
Takeshi Takano, Director and Executive Vice President