Hoshino Resorts REIT, Inc. announced that the interest rates for the borrowings of funds announced in the "Notice Concerning the Borrowings of Funds dated May 24, 2024 have been determined, as follows: Lender: MUFG Bank Ltd., Amount is JPY 500,000,000, Interest rate (Fixed interest rate) is 1.62482%. Borrowing date is May 31, 2024. Final repayment date is October 31, 2031, and Lender: Mizuho Bank Ltd., Amount is JPY 450,000,000, Interest rate (Fixed interest rate) is 1.57782%.

Borrowing date is May 31, 2024. Final repayment date is October 31, 2031.