Mitsui Fudosan Logistics Park

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Initiatives for ESG

Initiatives for Governance with Consideration for Unitholder's Interests

MFLP-REIT and the Asset Management Company are working to establish proper governance through the following measures in order to build a solid relationship of trust that aligns interests of unitholders and interests of MFLP-REIT and the Assets Management Company while giving sufficient consideration to unitholder's rights.

Management system

Management of MFLP-REIT’s assets is entrusted to Mitsui Fudosan Logistics REIT Management Co., Ltd., the Asset Management Company,
which performs its assignments based on the asset management agreement concluded with MFLP-REIT under the following organizational structure.

organizational structure

Rules concerning conflicts of interest in asset management

The acquisition and transfer of assets by MFLP-REIT from related parties are decided by the Asset Management Company via a transparent decision-making process.

Decision-making flow

*1:  The above chart shows the decision-making flow when a transaction involves a related party, which requires the approval of MFLP-REIT's Board of Directors under Article 201-2 of the Act on Investment Trust and Investment Corporations.
*2:  If a transaction prescribed in Article 201-2 of the Act on Investment Trusts and Investment Corporations falls under the criteria for insignificance, the approval of MFLP-REIT's Board of Directors shall be omitted.

Asset management with emphasis placed on relationship of trust with unitholders

Asset management fee structure consistent with the interests of unitholders

The aim is to keep the interests of MFLP-REIT's unitholders consistent with the interests of the Asset Management Company.

Asset managemetn fee structure consistent with the interests of unitholders

Same-boat investment in MFLP-REIT by Mitsui Fudosan

MFLP-REIT receives a certain amount of investment in capital from Mitsui Fudosan.
Receiving certain investment in capital leads to alignment of the interests of MFLP-REIT's unitholders and Mitsui Fudosan and asset management the pursues mutually greater interests.

Timely and proper information disclosure and securement of transparency

MFLP-REIT strives to make timely and proper disclosure of information necessary for unitholders to make investment decisions. Upon disclosure, MFLP-REIT promotes prompt and transparent information disclosure to secure fairness and equality, and also promotes disclosure of not only financial information but also non-financial information concerning ESG.

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