Nippon Accommodations Fund - To Our Unitholders

To Our Unitholders

General Meeting of Unitholders

In accordance with the current Articles of Incorporation, and with the Investment Trust and Investment Corporation Act of Japan, certain matters regarding NAF (such as resolutions on amendments of current Articles of Incorporation, and change of Executive Directors and Supervisory Directors etc.,) are put on discussion at General Meeting of Unitholders.
The General Meeting of Unitholders is held in one of the 23 wards of Tokyo more than once in every two years.

The most recent General Meeting of Unitholders was held on May 16, 2023.

Investment Security Business Overview

The holder of this investment security may request a title transfer by applying to the Company or its investor register manager (Sumitomo Mitsui Trust Bank, Limited) by following procedures determined by the investor register manager. The Company cannot accept disposition of this security unless proper title transfer procedures have been followed. Information on investor register manager, forwarding offices, representative agent, and fees are shown below.

Investor Register Manager Sumitomo Mitsui Trust Bank, Limited (head office)
1-4-1, Marunouchi, Chiyoda-ku, Tokyo
Forwarding Offices Sumitomo Mitsui Trust Bank, Limited (all domestic branches)
Japan Securities Agents, Ltd. (head office and all domestic branches)
Representative Agent Sumitomo Mitsui Trust Bank, Limited
1-4-1, Marunouchi, Chiyoda-ku, Tokyo
Fees None
(Title transfers undertaken directly by Sumitomo Mitsui Trust Bank, Limited will incur no fees. However, title transfers undertaken via securities companies and others may incur separate fees, charged at the discretion of such securities companies and others.)

Handling of Distributions after Statute of Limitations

・Article 34, Paragraph 5 of NAF's Articles of Incorporation states that NAF shall be released from its obligations to pay distributions which are not received for the full three-year period after the date distribution payments commence.
・Please use the following contact information for inquiries concerning receiving distributions.

Stock Transfer Agency Business Planning Dept,
Sumitomo Mitsui Trust Bank, Limited
0120-782-031 (toll-free within Japan only)
From 9:00 A.M to 5:00 P.M (Except for Saturday, Sunday, National Holidays and during days of suspended operations)