Completion of Public Offering and Issuance of Real Estate Security Tokens for Toyoko Inn Nagoya-Eki Minami

Toyoko Inn Co., Ltd. (President and CEO: Maiko Kuroda, hereinafter 'Toyoko Inn'), Mitsui & Co. Digital Asset Management Co., Ltd. (President and CEO: Takashi Ueno, hereinafter 'MDM'), and Mitsubishi UFJ Trust and Banking Corporation (President and Representative Director: Hiroshi Kubota, hereinafter 'Mitsubishi UFJ Trust and Banking') have collaborated on the public offering of real estate security tokens (hereinafter 'this project') utilizing a beneficial interest certificate issuing trust scheme backed by the 'Toyoko Inn Nagoya-Eki Minami' hotel (hereinafter 'investment target real estate') operated by Toyoko Inn, and have successfully completed its offering and issuance. This project was realized through repeated discussions among the three companies on effective marketing, aiming to achieve new fundraising utilizing the investment target real estate and to expand Toyoko Inn fans through the issuance of security tokens.

1. Outline of this Project

This project is a real estate security token that digitalizes the beneficial interest by forming a beneficial interest certificate issuing trust with the real estate trust beneficial interest related to the investment target real estate as trust property.

For its formation and operation, MDM is responsible for the overall scheme design and product formation, while Mitsubishi UFJ Trust and Banking acts as the trustee of the beneficial interest certificate issuing trust, managing the trust property and issuing beneficial interests.

Toyoko Inn, the operator of the investment target real estate, plans to continuously provide accommodation benefits*1 available at Toyoko Inn hotels nationwide to investors in this project. Investors can have direct access to Toyoko Inn's services and brand, in addition to the value as a financial product, designing an interconnected investment and user experience.

This project also serves as a marketing measure for Toyoko Inn to create new customer touchpoints. It aims to foster new contact points with investors, build customer relationships throughout the operation period, and enhance recognition among new customer segments.

*1Accommodation benefits are planned to be implemented based on agreements among related parties and various conditions, and their content or conditions may change, or implementation may be suspended in the future. Please note that accommodation benefits do not constitute the content of the beneficial interest and are granted at the discretion of Toyoko Inn, the operator of the investment target real estate. Furthermore, other conditions set by Toyoko Inn may apply when using accommodation benefits.

2. Initiatives by Related Companies

■ Toyoko Inn

Since its establishment in 1986, Toyoko Inn has been developing business hotels based on the concept of 'Cleanliness, Safety, and Reasonable Prices,' expanding its network throughout Japan. Currently, it has built a hotel network spreading across all 47 prefectures, providing safe and reliable accommodation services anywhere in the country with standardized facilities and quality under direct management. In 2026, it will celebrate its 40th anniversary, and will continue to work on providing accommodation services that support customers' travel and activities as a base hotel for its nationwide network.

■ Mitsui & Co. Digital Asset Manag