Ichigo Office Reit Investment CorporationTSE: 8975

Portfolio Occupancy (Flash Data) – February 2026

· Issued by Ichigo Office Reit Investment Corporation


Make The World More Sustainable

[Provisional Translation Only]

This English translation of the original Japanese document is provided solely for information purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

March 5, 2026

Issuer

Ichigo Office REIT Investment Corporation ("Ichigo Office," 8975)

2-6-1 Marunouchi, Chiyoda-ku, Tokyo

Representative: Takafumi Kagiyama, Executive Director https://www.ichigo-office.co.jp/en

Asset Management Company

Ichigo Investment Advisors Co., Ltd.

Representative: Hiroshi Iwai, President

Inquiries: Masahiro Izumi, Head of Finance & Planning Tel: +81-3-4485-5231

Ichigo Office Portfolio Occupancy (Flash Data) - February 2026

January 2026 (Final: A)

February 2026 (Flash: B)

Difference

(B) - (A)

Total

97.0%

97.1%

+0.1%

By Asset Type

Office

96.9%

97.1%

+0.2%

Other

100%

100%

-

By Area

Central Tokyo

97.1%

97.2%

+0.1%

Tokyo Metropolitan

Area

97.1%

97.2%

+0.1%

Four Major

Regional Cities

95.7%

96.0%

+0.3%

Other Regional Cities

99.6%

99.6%

-

No. of Assets

86

87

+1

No. of Tenants

1,012

1,034

+22

Leasable Area

256,033.27m2

260,100m2

Leased Area

248,292.23m2

252,600m2

Notes:

  1. The above are unaudited month-end figures.

  2. Leasable Area is the total area of space available for leasing, and may have small adjustments due to renovations or variations in rental contract terms.

  3. Central Tokyo refers to Chiyoda, Minato, Chuo, Shinjuku, Shibuya, and Shinagawa Wards. Tokyo Metropolitan Area refers to Tokyo (excluding the six wards above), Kanagawa, Chiba, and Saitama Prefectures. Four Major Regional Cities refers to Osaka, Nagoya, Fukuoka, and Sapporo.

Explanation of Changes

Despite tenant departures at the Ichigo Mita Building and Ichigo Nakameguro Building, Office, Central Tokyo, and Four Major Regional Cities saw an increase in occupancy due to new tenants at the Ichigo Jingumae Building and Ichigo Higashi Gotanda Building. Ichigo Office is working towards the rapid lease-ups of the vacant spaces.

Occupancy in Tokyo Metropolitan Area, as well as No. of Assets, No. of Tenants, and Leasable Area increased due to the February 18, 2026 acquisition of the Ichigo Funabashi Building. For details of the acquisition, please refer to the February 16, 2026 release "Acquisition of Office Asset (Ichigo Funabashi Building)."

https://www.ichigo-office.co.jp/news/news_file/file/IchigoOffice_20260216_Asset_Acquisition_ENG.pdf

Actions Driving Tenant Satisfaction and Earnings

As part of its efforts to increase tenant satisfaction and drive earnings via value-add capex, Ichigo Office completed renovating the second and third floors (c. 178.2m2and c. 191.4m2) of the Ichigo Shibuya East Building with Ichigo-designed Ready to Move In offices. By removing existing ceilings to create an exposed aesthetic, the maximum ceiling height was increased to 3.17 meters, resulting in a more open and spacious work environment. Ichigo Office added two conference rooms, two individual booths, and a collaboration space with sofa and counter seats on each floor, showcasing a space designed to support concentration and collaboration. By implementing a "half-setup" system where work desks were intentionally not included, Ichigo Office created a flexible office environment that can readily accommodate changes in the number of employees and diverse work styles.

Ichigo Office will continue to increase tenant satisfaction and the competitiveness of its assets to drive higher value for its shareholders.

Ichigo Shibuya East Building



Introduction Video of the Ichigo Shibuya East Building

The building introduction video is posted on an external website operated by Three Star Co., Ltd. The information provided on the website is intended for the purpose of introducing and providing information on rental office properties, including setup offices, and is not intended as a solicitation for investment. Furthermore, Ichigo Office does not guarantee the accuracy, completeness, or timeliness of the information on the website.