GLP J REIT : Signed "Agreements on Cooperation in the Event of Disasters”

December 24, 2021

For Immediate Release

Real Estate Investment Trust Securities Issuer:

GLP J-REIT

Representative: Yoshiyuki Miura, Executive Director

(Security Code: 3281)

Asset Management Company:

GLP Japan Advisors Inc.

Representative: Yoshiyuki Miura, President

Contact: Shinji Yagiba, CFO

(TEL: +81-3-3289-9630)

Signed "Agreements on Cooperation in the Event of Disasters"

GLP J-REIT announces today that it has signed agreements on cooperation in the event of disasters (hereinafter, the "Agreements") with each of the municipalities where its three properties (GLP Amagasaki, GLP Tokyo and GLP Sayama Hidaka II) (hereinafter, the "Three Properties") are located, as follows.

1. Overview of the Agreements

1. Parties to the Agreements and the Three Properties etc.

(2) Purpose of the Agreements

By concluding the Agreements, the Three Properties will be opened to the local community as a temporary evacuation site to support the rapid evacuation of evacuees in the event of disasters, such as a flood, or the threat of a flood, in the municipalities where the Three Properties are located.

2. GLP J-REIT's Future Initiatives

GLP J-REIT and GLPJA together in collaboration with our sponsor group, the GLP Group, give the utmost consideration to environmental protection, and fulfill their social responsibilities in ensuring the health and safety of our customers and local communities as well as employees.

As a key confirmation of our overarching commitment to integrating such social responsibilities for the sustainability of the society into our core business practices, we have established various policies including our Environmental, Social and Governance (ESG) policies, and have taken various individual initiatives on a company as well as investment property basis.

This stance toward sustainability is also underpinned by the stated mission of GLP Group, which is to

1

"create best-in-class logistics facilities by maximizing value for all stakeholders including our investors, customers and communities in which we live and operate", and signing the Agreements is part of its execution. Furthermore, some of GLP J-REIT'smulti-tenant properties are available for use as emergency shelters for local residents upon request from the local authority or residents of the afflicted area. Part of the premises can be used as a disaster management base (a temporary reconstruction support center and shelter for the local municipality in the event of a natural disaster or other emergency) (Note).

Going forward, GLP J-REIT and GLPJA will continuously and proactive efforts in investment and asset management in logistic properties that are social infrastructure and contribute to the realization of a sustainable society.

(Note) For the list of GLP J-REIT facilities available for use as shelters and disaster management basis, please refer to "Contribution to local communities".

*GLP J-REIT website address: https://www.glpjreit.com/en/

2