Japan Logistics Fund, Inc.TSE: 8967

Notice Concerning the Current Status and Completion of Investment Units Buyback Program, and Cancellation of Investment Units

· Issued by Japan Logistics Fund, Inc.

January 5, 2026

For Immediate Release Real Estate Investment Trust

Japan Logistics Fund, Inc. (Security Code: 8967) Representative: Seiichi Suzuki, Executive Director

Asset Management Company

Mitsui & Co., Logistics Partners Ltd. Representative: Seiichi Suzuki, President & CEO Contact: Shintaro Miyata, Chief Financial Officer

TEL +81-3-3238-7171

Notice Concerning the Current Status and Completion of Investment Units Buyback Program, and Cancellation of Investment Units (Buybacks under the Provisions of Article 80-5 of the Act on Investment Trust and Investment Corporations, and Cancellation under the Provisions of Article 80, Paragraph 2 and Paragraph 4 of the Act)

Japan Logistics Fund, Inc. (hereinafter referred to as "JLF") announces that JLF conducted the investment units buyback program (hereinafter referred to as "Buybacks") based on Article 80-2 of the Act on Investment Trusts and Investment Corporations (hereinafter referred to as the "Investment Trusts Act") applied pursuant to Article 80-5,

Paragraph 2 of the Investment Trusts Act as below. Accordingly, JLF announces the completion of the investment units buyback program, as was approved at its Board of Directors held on September 12, 2025.

In addition, in accordance with Article 80, Paragraph 2 and Paragraph 4 of the Investment Trusts Act, JLF had already decided at its Board of Directors held on September 12, 2025 to cancel all investment units acquired through the buyback program on January 30, 2026. However, since the total number of acquired investment units was zero, JLF hereby announces that no cancellation will be conducted for this buyback.

  1. The Status of Investment Units Buyback Program in December 2025

    (1) Total number of investment units repurchased under this buyback program

    0 units

    (2) Total amount of investment units repurchased under this buyback program

    0 yen

    (3) Buyback method

    Market purchase at Tokyo Stock Exchange based on a purchase contract with a broker

    (4) Buyback period

    From December 1, 2025 to December 30, 2025 (on a trade date basis)

  2. The Status of Investment Units Buyback Program during the Whole Period

    (1) Total number of investment units repurchased under this buyback program (Note)

    0 units

    (2) Total amount of investment units repurchased under this buyback program (Note)

    0 yen

    (3) Buyback method

    Market purchase at Tokyo Stock Exchange based on a purchase contract with a broker

    (4) Buyback period

    From September 16, 2025 to December 30, 2025 (on a trade date basis)

    (Note) We regard the investment units buybacks as part of JLF's investment and intended to conduct the Buybacks at a lower unit price level in consideration of investment efficiency. However, since the market price of investment units had remained higher than the pre-set level for the Buybacks, the total number of investment units acquired under the Buybacks was zero.

  3. Details of the Cancellation of Investments Units

    Based on the resolution at the Board of Directors held on September 12, 2025, all investment units acquired through the Buybacks were scheduled to be canceled on January 30, 2026. However, since the total number of investment units acquired during the acquisition period was zero, JLF hereby announces that no cancellation will be conducted for the Buybacks. In addition, the total number of issued investment units as of the end of this buyback program is 2,746,163 units.

  4. Future Outlook

    There is no change to the forecasts for the six-month period ending January 2026 (from August 1, 2025 to January 31, 2026) announced in the "Notice Concerning Revision of Forecast for the Six-Month Period Ending January 31, 2026" announced on December 12, 2025, and to the forecasts for the six-month period ending July 2026 (from February 1, 2026 to July 31, 2026) announced in the "REIT Financial Report for the six-month period ended July 31, 2025" announced on September 12, 2025.

    End

    (Reference Information)

    -Details of the Resolution at its Board of Directors on September 12, 2025

    [Buybacks]

    (1) Planned total number of investment units repurchased for the buyback program

    Up to 44,000 units (1.60% of the total number of issued investment units (excluding the number of owned investment units))

    (2) Planned total amount of investment units repurchased for the buyback program

    Up to 4,000 million yen

    (3) Buyback period

    From September 16, 2025 to December 30, 2025 (on a trade date basis)

    [Cancellation]

    (1) Total number of investment units to be cancelled

    Total number of all investment units acquired through the buybacks

    (2) Scheduled cancellation date

    January 30, 2026

    In addition, at its Board of Directors held on December 25, 2025, JLF resolved to acquire its own investment units as described below. For details, please refer to the "Notice Concerning Investment Units Buybacks and Cancellation Program (Buybacks under the Provisions of Article 80-5 of the Act on Investment Trust and Investment Corporations, and Cancellation under the Provisions of Article 80, Paragraph 2 and Paragraph 4 of the Act)" announced on December 25, 2025.

    -Details of the Resolution at its Board of Directors on December 25, 2025

    [Buybacks]

    (1) Planned total number of investment units repurchased for the buyback program

    Up to 16,000 units (0.58% of the total number of issued investment units (excluding the number of owned investment units))

    (2) Planned total amount of investment units repurchased for the buyback program

    Up to 1,500 million yen

    (3) Buyback period

    From January 5, 2026 to March 31, 2026 (on a trade date basis)

    (Note) The buyback period excludes the last five business days prior to the last day of the fiscal period ending January 2026.

    [Cancellation]

    (1) Total number of investment units to be cancelled

    1. Total number of all investment units acquired through the Buybacks during the fiscal period ending January 2026

    2. Total number of all investment units acquired through the

    Buybacks during the fiscal period ending July 2026

    (2) Scheduled cancellation date

    1. January 30, 2026

    2. July 31, 2026

    (Press Release for Reference)

    • Notice Concerning Investment Units Buybacks and Cancellation Program (Buybacks under the Provisions of Article 80-5 of the Act on Investment Trust and Investment Corporations, and Cancellation under the Provisions of Article 80, Paragraph 2 and Paragraph 4 of the Act) on September 12, 2025

    • Notice Concerning Investment Units Buybacks and Cancellation Program (Buybacks under the Provisions of Article 80-5 of the Act on Investment Trust and Investment Corporations, and Cancellation under the Provisions of Article 80, Paragraph 2 and Paragraph 4 of the Act) on December 25, 2025

*JLF's website: https://8967.jp/en/

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