Concerning the Merger
Schedule
| Mitsui Fudosan Logistics Park Inc. （Surviving corporation） |
Advance Logistics Investment Corporation （Dissolving corporation） |
|
|---|---|---|
| Execution date of the Merger agreement | August 5, 2024 | |
| General Meeting of Unitholders | September 30, 2024 | October 10, 2024 |
| Delisting | - | October 30, 2024 |
| Effective date of the Merger | November 1, 2024 | |
| End of the first fiscal period after the Merger | Fiscal Period ended July, 2025 (18th FP) Accounting Period：November 1, 2024 to July 31, 2025 |
|
Payment upon the Merger for the Final Fiscal Period of Advance Logistics Investment Corporation (ADL)
Instead of cash distributions for ADL’s final fiscal period, MFLP-REIT will make a Payment upon the Merger to the unitholders listed or recorded on the final unitholders register of ADL as of the day immediately prior to the effective date of the Merger (October 31, 2024), in an amount equivalent to the Payment upon the Merger for the final fiscal period based on ADL’s distributable profit. The payment on merger will be the amount of distributable profit of ADL as of the day immediately prior to the date of the Merger (October 31, 2024) divided by the number of investment units issued and outstanding of ADL as of the day immediately prior to the date of the Merger (amounts less than one yen are rounded down).
To receive the Payment upon the Merger, the unitholders need to be recorded in the unitholders' registers as of October 31, 2024.
ADL was delisted on October 30, 2024.
|
Final fiscal period of Advance Logistics Investment Corporation Fiscal Period Ended October 31, 2024 (from September 1, 2024 to October 31, 2024) |
Payment upon the Merger per unit (actual): 940 yen |
|---|---|
| The date for the beginning of Payment upon the Merger | January 21, 2025 |