August 3, 2022

To all concerned parties:

Investment Corporation

Industrial & Infrastructure Fund Investment Corporation

(Tokyo Stock Exchange Company Code: 3249

Representative:

Kumi Honda, Executive Director

URL: https://www.iif-reit.com/english/

Asset Management Company

KJR Management

Representative:

Naoki Suzuki,

President & Representative Director

Inquiries:

Hidehiko Ueda,

Head of Industrial Division

TEL: +81-3-5293-7091

Notice Concerning Debt Financing (Determination of Interest Rate)

Industrial & Infrastructure Fund Investment Corporation ("IIF") announced today the applicable interest rate for new debt financing which was announced in the news release titled "Notice Concerning Debt Financing (Refinancing)" dated July 27, 2022, is determined as follows.

1 Determination of Interest Rate

Borrowing

Amount

Fixed /

Contract

Scheduled

Remarks,

Interest Rate

Lender

Execution

Borrowing

MaturityDate

Period

(million yen)

Float

Repayment Method

Date

Date

Unsecured and

10.0

500

Fixed

0.70900%

THE NISHI-NIPPON

July27,

August 5,

July30,

unguaranteed,

years

CITY BANK, LTD

2022

2022

2032

lump sum

repayment

2 Others

For the risks associated with the repayment, etc., please refer to "Investment Risk" stated in the 29th fiscal period Securities Report filed on April 27, 2022.

About IIF: Industrial and Infrastructure Fund Investment Corporation ("IIF") is the first J-REIT focused on acquiring and operating both industrial and infrastructure properties in Japanproperties that play a vital role in the Japanese economy, and for which IIF expects to see stable demand in the mid to long term. With respect to industrial properties, IIF intends to invest in a diverse portfolio of properties, including manufacturing and research and development facilities. Please refer to our website at https://www.iif-reit.com/english/

Contacts: For the further information relating to this press release as well as IIF and its Asset Manager, please feel free to contact Mr.

Hidehiko Ueda (Telephone Number: 81-3-5293-7090), Head of Industrial Division at KJR Management, asset manager for Industrial & Infrastructure Fund Investment Corporation.

Investor Relations: Telephone Number: 81-3-5293-7091E-mail:iif-3249.ir@kjrm.co.jp

This English language release is for informational purposes only, and the Japanese language release should be referred to as the original.

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Industrial & Infrastructure Fund Investment Corporation published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 07:21:14 UTC.