Announcement of "R&I Fund Award 2026" Wins

Daiwa Asset Management Co., Ltd. (President and Representative Director: Kei Sano; hereinafter, "the Company") is pleased to announce that the following funds have received the Best Fund Award and Excellence Fund Award at the "R&I Fund Award 2026". Category / Fund Type Award Fund Name 20-Year Investment Trust / Domestic Equity High Dividend Excellence Fund Award Daiwa High Dividend Japanese Equity Investment Trust (Seasonal Impressions) 20-Year Investment Trust / North American REIT Best Fund Award Daiwa US REIT Open (Monthly Distribution Type) B Course (Unhedged) Daiwa US REIT Fund (Monthly Distribution Type) Unhedged 10-Year Investment Trust / North American Equity Value Best Fund Award Daiwa US Select Equity Fund - Eagle Eye - B Course (Unhedged) 10-Year Investment Trust / Global REIT Best Fund Award Resona World REIT Fund (Nickname: Fudosan) 10-Year Investment Trust / North American REIT Best Fund Award Daiwa US REIT Fund II (Annual Distribution Type) Daiwa US REIT Open (Annual Distribution Type) Unhedged Daiwa US REIT Open (Monthly Distribution Type) B Course (Unhedged) Daiwa US REIT Fund (Monthly Distribution Type) Unhedged Investment Trust / Foreign Equity Value Excellence Fund Award Daiwa FE Global Value (Unhedged) Investment Trust / North American REIT Best Fund Award Daiwa US REIT Fund II (Annual Distribution Type) Daiwa US REIT Open (Unhedged / Expected Distribution Presentation Type) Daiwa US REIT Open (Annual Distribution Type) Unhedged Daiwa US REIT Fund (Monthly Distribution Type) Unhedged Daiwa US REIT Open (Monthly Distribution Type) B Course (Unhedged) Investment Trust / Balanced (Equity & REIT-centric) Best Fund Award Daiwa Multi-Asset Fund Series (Nickname: Millefeuille) (Odd-Month Distribution Type) Growth-Oriented Portfolio (Odd-Month Distribution Type) Encouraged by these awards, we will continue to strive to contribute to our customers' asset building, and we kindly ask for your continued patronage. End ■ About the R&I Fund Award The "R&I Fund Award" aims to provide reference information based on past data that R&I deems reliable (however, R&I does not guarantee its accuracy and completeness), and does not recommend the purchase, sale, or holding of specific products, nor does it guarantee future performance. This award is not a credit rating business, but other business as stipulated in Article 299, Paragraph 1, Item 28 of the Cabinet Office Ordinance on Financial Instruments Business, etc. (business other than credit rating business and other than related business). Regarding this business, measures are legally required to prevent undue influence on credit rating activities. All intellectual property rights, including copyrights, and all other rights related to this award belong to R&I, and unauthorized reproduction or reprinting is prohibited. The "Investment Trust Category" covers the past 3 years, the "10-Year Investment Trust Category" covers the past 10 years, and the "20-Year Investment Trust Category" covers the past 20 years as the selection period. For selection, funds are chosen based on a ranking using the Sharpe ratio, taking into account factors such as maximum drawdown, period until scheduled redemption, and scale of assets. The selection targets publicly offered open-ended equity investment trusts domiciled in Japan, excluding those exclusively for defined contribution pensions and SMA/wrap accounts. The evaluation reference date is March 31, 2026. Points to note for investment trusts When purchasing investment trusts, please fully understand the following two points, always refer to the "Investment Trust Prospectus (Delivered Prospectus)" for the relevant investment trust, and make your final investment decisions based on your own judgment. Regarding investment trust risks Investment trusts invest in fluctuating securities, etc., so the standard price fluctuates. Therefore, the investment principal is not guaranteed and may fall below it. All profits and losses incurred in the trust property belong to the investor. Investment trusts differ from deposits. The risk factors vary depending on the securities, etc., in which the investment trust invests, so please refer to the "Investment Trust Prospectus (Delivered Prospectus)" when applying. Regarding fees to be borne by customers