Basic Policy concerning
Customer-Oriented Business Conduct

1.Development/Publication of policy

Tosei Asset Advisors (“TAA”) has developed and published the “Basic Policy concerning Customer-Oriented Business Conduct.” In this policy, the Customers are defined as Tosei REIT Investment Corporation (“Investment Corporation”), investors of Investment Corporation, Special Purpose Companies in private funds, and the like who have entered into asset management agreements for real estate or related investments, and investors of such private funds collectively. TAA will review this policy and publish the status of implementation of our policy periodically.

2.Engagement for enhancing asset value

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3.Stringent rules toward management of conflict-of-interest management

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4.Provision of information in a Customer-friendly manner

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5.Provision of financial products in consideration of the Customers’ risk tolerance

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6.Establishment of Customer-Oriented Corporate Culture

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