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Summary of Mitsui & Co., Logistics Partners Ltd. for Japan Logistics Fund Website

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Organization & Network

Organization

Organization

Department and Committee Duties

Acquisition Department

Establishment of basic investment management policies

Research and analysis of real estate market, logistics market, etc.

Acquisition and sale of properties

Research and assessment of properties

Tenant leasing of properties

Establishment of renovation plans of properties

Other related matters

Investment Management Department

Establishment of basic policies relating to the investment, operation and management of operating assets

Establishment of renovation plans of properties

Establishment of the annual investment and management plans of operating assets

Selection and supervision of property managers of operating assets

Monitoring and reporting on the status of management and operation of operating assets

Establishment and implementation of medium- to long-term repair and maintenance plans

Other related matters

Corporate Planning and Finance Department

Planning and proposal of management strategies for JLF and MLP

Funding procurement for JLF

Management of information disclosure, investor relations, and public relations for JLF

Handling of referrals from unitholders

Other related matters

Accounting Department

Closing of financial accounts of JLF

Matters relating to the figure management of assets under management

Other related matters

Corporate Administration Department

Operation of general unitholders' meetings and Board of Directors meetings of JLF

Operation of shareholders' meetings and Board of Directors meetings of MLP

Communication with supervisory agencies and various related organizations

Matters relating to general affairs, accounting and personnel of MLP

Operation and administration of information systems

Other related matters

Compliance Officer

Matters relating to compliance

Matters relating to risk management

Matters relating to internal audits

Other related matters

Investment Management Committee

Formulation and revision of investment guidelines

Formulation and revision of asset management plans

Acquisition, sale and renovation of individual properties

Management of and investment in individual properties

Internal Management Committee

Matters relating to compliance

Matters relating to risk management

Matters relating to internal audits

Formulation and validation of internal rules and regulations

General matters relating to internal management, including incidents and complaints

Business transactions with interested parties of MLP

Deliberations of the Investment Committee

Disclosure Committee

Establishment, revision and abolition of core disclosure rules and supplementary provisions as well as other rules and basic policies relating to disclosure

Evaluation of the suitability of the disclosure of financial statements and other important documentation

Decisions pertaining to the necessity of timely disclosure of important information and the suitability of disclosure content

Development of internal structures for information disclosure

Other matters relating to disclosure rules that warrant Committee deliberation

Our Partners

Mitsui & Co., Ltd. and Kenedix, Inc.
Mitsui & Co, Ltd., the majority shareholder in MLP, provides business and support services in a broad range of industries including a business unit dedicated to transportation logistics that provides services relating to logistics networks, logistics infrastructure and business development, as well as logistics-related risk management. Kenedix, Inc., which holds a 20% share in MLP, utilizes its expertise and extensive track record in real estate and finance to provide integrated and comprehensive real estate investment, asset management and development services. Based on the Memorandum of Agreement Concerning Distribution-Related Real Estate Acquisition Support that MLP and JLF concluded between each of these partners, the partners provide information on sales and brokerage of profit-generating real estate or information relating to development projects from their existing customer bases and information networks.

Based on the Basic Memorandum of Agreement Concerning Business Assistance Services Relating to Property Acquisition concluded between Mitsui & Co., MLP and JLF, Mitsui & Co. also provides business assistance services utilizing its personnel and material resources, its knowledge and experience of the logistics industry, as well as its domestic and overseas networks. These services include the collection and analysis of market information and related support services pertaining to domestic and overseas logistics trends, the current status of and future prospects for logistics needs, tenant needs by region and the supply of new logistics centers. Through this agreement, Mitsui & Co. also collects and analyzes information for evaluating potential acquisitions, conducting negotiations and filing applications with government agencies and other related support services.

The Chuo Mitsui Trust and Banking Co., Ltd.
The Chuo Mitsui Trust and Banking Co., Ltd. is a major Japanese bank and subsidiary of Chuo Mitsui Trust Holdings that currently holds a 29% share in MLP. Through the Basic Memorandum of Agreement Concerning Offering of Real Estate Brokerage Information and the Memorandum of Agreement Concerning Development Project Acquisition Support concluded between The Chuo Mitsui Trust and Banking Co., Ltd., MLP and JLF, the bank provides information on sales and brokerage of profit-generating real estate through its extensive network as well as assistance in the acquisition of development projects.