Concludes Agreement to Purchase New Property

February 25, 2026

Fukuoka REIT Corporation 1-2-25 Sumiyoshi, Hakata Ward, Fukuoka City

Yukitaka Ohara Executive Director (Securities Code: 8968)

Asset Management Company: Fukuoka Realty Co., Ltd.

1-2-25 Sumiyoshi, Hakata Ward, Fukuoka City

Yukitaka Ohara President and CEO

Inquiries: Hiroyuki Ayabe

Vice President Board of Directors and General Manager

Finance Department TEL: +81-(0)92-272-3900

Fukuoka REIT Corporation Concludes Agreement to Purchase New Property

Fukuoka REIT Corporation (FRC) announces that Fukuoka Realty Co., Ltd, the asset management company to which FRC entrusts the management of its assets, decided to acquire the following domestic real estate today.

1. Summary of Acquisition

   Property name	Use	Location	Acquisition price (planned) (Note 1)	Acquisition date (planned)	Seller	Sales Agent
   LOGICITY Kumamoto Mifune	Parking	Outside, 538-1 Nishiki, Kinokura, Kamimashiki-gun Mifune-machi, Kumamoto	100 million yen	February 27, 2026	Not disclosed (Note 2)	Not present

   (Note 1) The acquisition price (planned) does not include acquisition expenses, amounts equivalent to the settlement of property taxes and city planning taxes, consumption taxes on the building and other expenses.

   (Note 2) The name of the seller is not disclosed as no consent to disclosure has been obtained from the seller. The asset will be acquired from a domestic business company.

2. Reason for Acquisition

   FRC invests in a diverse range of properties, including retail facilities, office buildings, and others (hotels, residential properties, logistics facilities, public facilities, etc.) in the Fukuoka and Kyushu regions as its main investment target area. Since the revision of the management guidelines in 2019, FRC has been actively considering investments in office buildings and others (hotels, residences, logistics facilities, public facilities, etc.) other than retail facilities, and this acquisition is in accordance with that investment policy. The Property to be acquired (hereafter, the "Property") is land adjacent to LOGICITY Kumamoto Mifune, a property already owned by FRC, and the decision has been made to acquire it for use as a parking lot for tenant employees of LOGICITY Kumamoto Mifune.

   At LOGICITY Kumamoto Mifune, improved occupancy is expected due to the on-going major tenant relocations, and the on-site parking lot alone may be insufficient due to increased parking demand. Acquiring the Property and operating it as an integrated parking lot is expected to improve tenant convenience and stabilize facility operations.

   In addition, while the Property is expected to generate a certain amount of revenue when operated as a parking

   lot, the Property can also be utilized in various ways, including conversion to other uses.

3. Details of Property for Acquisition

   1. Overview of Acquisition

      1. Asset to be acquired: Real estate

      2. Property name: LOGICITY Kumamoto Mifune

      3. Acquisition price (planned) : 100 million yen

      4. Appraisal value (Note): 121 million yen (as of February 1, 2026)

      5. Acquisition date (planned): February 27, 2026

      6. Seller: Not disclosed

      7. Funding: Cash on hand

      8. Payment method: Lump-sum payment upon delivery

         (Note) Appraisal value is rounded down to the nearest whole unit.

   2. Overview of Asset to be Acquired

      Property name	LOGICITY Kumamoto Mifune
      Asset to be acquired	Real estate
      Acquisition price (planned)	100 million yen
      Location (address)	Outside, 538-1 Nishiki, Kinokura, Kamimashiki-gun Mifune-machi, Kumamoto
      Land	Area	4,665.00 m2
      	Use	Parking
      	Floor area ratio	70%
      	Building coverage	200%
      	Type of ownership	Ownership
      Soil Contamination Risk Assessor	Tokio Marine dR Co., Ltd.
      Appraisal value	121 million yen (as of February 1, 2026) (Note 1)
      Appraiser	Tanizawa Sogo Appraisal Co., Ltd.
      Collateral	None
      PM Company	Not disclosed (Note 2)
      Special note	None

      *Lot numbers, areas, etc., are all recorded as indicated in the registry. (Note 1) Appraisal value is rounded down to the nearest whole unit.

      (Note 2) The name of the PM Company is not disclosed as no consent to disclosure has been obtained. The PM Company is the same as that of LOGICITY Kumamoto Mifune.

   3. Profile of Previous Owner

      The profile of the seller is not disclosed as no consent to disclosure has been obtained. The seller, which is a domestic general business company, has no capital, personnel or business relationship to note with FRC and the asset management company or the affiliates or affiliated companies of FRC and the asset management company. Each seller and the affiliates or affiliated companies of each seller do not fall within the scope of related parties of FRC and the asset management company.

   4. Condition of property acquirer

      The acquisition of the property will not be made from any party that has a special interest relationship with FRC or the asset management company.

   5. Sales Agent Profile Not applicable

   6. Form of Payment

      FRC is scheduled to pay the acquisition fee in full on the Conclusion of agreement date (February 27, 2026) with cash on hand.

   7. Acquisition Schedule

   February 25, 2026 Decision of acquisition

   February 27, 2026 Conclusion of agreement (scheduled) February 27, 2026 Payment (scheduled)

   February 27, 2026 Delivery of the property (scheduled)

4. Outlook

   There are no changes to FRC's operating forecast for the fiscal period ending February 2026 (September 1, 2025 - February 28, 2026) and for the fiscal period ending August 2027 (March 1, 2026 - August 31, 2026), which were announced in the "Earnings Briefing for the Period Ended August 2025" dated October 17, 2025.

5. Overview of Appraisal Report

(Note) The appraisal only covers the evaluation of the Property.

*Fukuoka REIT Corporation's website is http://www.fukuoka-reit.jp/eng/

(Attachments)

Reference 1: Location of the Property Reference 2: Map of FRC's Portfolio Reference 3: FRC Portfolio List

Reference 1: Location of the Property

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