Translation from the Japanese original

December 3, 2021

To all parties involved

REIT Issuer:

Kenedix Residential Next Investment Corporation

Representative: Tetsu Kawashima, Executive Director

(Securities code number: 3278)

Asset management company

Kenedix Real Estate Fund Management, Inc.

Representative: Masahiko Tajima, President and CEO

Contact: Shin Yamamoto, Head of Strategic Planning,

Residential REIT Department

PHONE :+ 81-3-5157-6011

Notice concerning the reacquisition of DBJ Green Building certification

Kenedix Residential Next Investment Corporation (the “Investment Company”) announced that the investment company has received the reassessment of DBJ Green Building certification for the following 2 properties effective today.

1. The property has achieved DBJ Green Building certification and certification ranking

Property name

Property photo

Certification rank

(R-44)

Serenite Kobe Motomachi

(Kaigandori 3-chome, Chuo-ku,

Kobe-shi, Hyogo)

Properties with excellent environmental and social awareness

(R-45)

Residence KDX Collines Shukugawa

(Hinoike-cho, Nishinomiya-shi,

Hyogo)

Properties with excellent environmental and social awareness

The rating of the 2 properties has been reduced from 2 stars (??) before reacquisition.

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2. Points assessed for certification

(Serenite Kobe Motomachi)

  1. Promotion of energy and resource conservation through the use of LED lighting and water saving taps etc. in the installation
  2. Consideration of convenience, comfort and disaster prevention for residents through convenient location, securing of sound insulation with walls, and storage of emergency supplies, etc.

(KDX Residence Shukugawa Hills)

    1. Consideration of the conservation of energy and resources through the use of LED lighting in common areas, adoption of water saving faucets and repair work on exterior walls to extend service life etc.
    2. Consideration of convenience, comfort and disaster prevention for residents through the installation of a safe room and meeting room, securing a yard, and storage of hospital supplies. emergency, etc.
  1. Presentation of the DBJ Green Building certification
    The DBJ Green Building Certification Program was initiated by the Development Bank of Japan Inc. (DBJ) with the aim of supporting properties that care for the environment and for society (Green Building). The program assesses, certifies and supports properties required by society and the economy. It performs a comprehensive property assessment, while evaluating various factors, from the environmental characteristics of the properties to their communication with stakeholders, such as disaster prevention and appropriate care for surrounding communities.
    For more details on the certification program, please refer to the following URL. DBJ Green Building Certification website: http://igb.jp/en/
  2. Future initiatives
    The investment company has certification for twelve of its properties. The investment firm will continue to advance initiatives related to environmental and social considerations through proper property management.

* URL of the Investment Company’s website: http://www.kdr-reit.com/en/

[Provisional Translation Only]

The English translation of the original Japanese document is provided for informational purposes only.

In the event of any discrepancies between this translation and the Japanese original, the latter shall prevail.

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