Nippon Accommodations Fund Inc. extended the agreement termination dates for commitment lines which were established on July 21, 2016 and October 9, 2018 as shown below. Overview of Current Commitment Line Agreements: Sumitomo Mitsui Banking Corporation - Maximum amount of borrowing: JPY 5 billion. Agreement execution date: July 21, 2016.

Agreement effective date: August 1, 2016. Agreement termination date: July 31, 2026. Collateral and guarantee: Unsecured and unguaranteed.

Sumitomo Mitsui Trust Bank, Limited - Maximum amount of borrowing: JPY 5 billion. Agreement execution date: July 21, 2016. Agreement effective date: August 1, 2016.

Agreement termination date: July 31, 2026. Collateral and guarantee: Unsecured and unguaranteed. Mizuho Bank Ltd. - Maximum amount of borrowing: JPY 5 billion.

Agreement execution date: October 9, 2018. Agreement effective date: October 9, 2018. Agreement termination date: July 31, 2026.

Collateral and guarantee: Unsecured and unguaranteed. Overview of Extension of Commitment Line Agreement Termination Dates: Sumitomo Mitsui Banking Corporation - Current agreement termination date: July 31, 2026. Extended agreement termination date: July 31, 2027.

Sumitomo Mitsui Trust Bank, Limited - Current agreement termination date: July 31, 2026. Extended agreement termination date: July 31, 2027. Mizuho Bank Ltd. - Current agreement termination date: July 31, 2026.

Extended agreement termination date: July 31, 2027.