1H 2025 (48th Period) Investor Presentation

from the beginning

1H 2025 (48th Period) Investor Presentation

• CONTENTS

1. Financial Highlights

• 1-1 Financial Highlights

• 1-2 1H/2025 (48th Period) Income Statement (P/L)

• 1-3 1H/2025 (48th Period) Balance Sheet(B/S)

• 1-4 2H/2025 (49th Period), 1H/2026 (50thPeriod)Forecasts

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2. Investment Results and Outlook

• 2-1 Internal Growth(1/2)

• 2-1 Internal Growth(2/2)

• 2-2 Financial Status(1/2)

• 2-2 Financial Status(2/2)

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3. Future EPU & DPU Growth

• 3-1 EPU and DPU for the 49th and 50th periods

• 3-2 Future EPU and DPU Growth (Image)

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4. ESG Initiatives (Initiatives of NBF and NBFM)

• 4-1 ESG Initiatives

• 4-2 Environmental Performance

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5. Appendix

• 5-1 Office Building Leasing Market Trends (1/2)

• 5-1 Office Building Leasing Market Trends (2/2)

• 5-2 Overview

• 5-3 External Growth (Acquisitions and Disposition in transactions announced since Jan. 2025)

• 5-4 Continuing Appraisal

• 5-5 Top 10 Major Tenants (based on leased area) / Tenant Industry

• 5-6 List of Occupied and Vacated Floor Area by Building* (January1, 2025 - June 30, 2025)

• 5-7 Investment ratio by region・Building Age Status

• 5-8 Use of Sponsor (Mitsui Fudosan Group) (1/2) Leasing

• 5-9 Use of Sponsor (Mitsui Fudosan Group) (2/2) Property Management

• 5-10 Solid financial management

• 5-11 List of Borrowing Sources

• 5-12 Unitholders

• 5-13 Historical Key Management Indicators, etc.

• 5-14 List of properties (1/2) (23 Wards of Tokyo)

• 5-14 List of properties (2/2) (Other Greater Tokyo and Other Cities)

• 5-15 Property Price List (1/3) (23 Wards of Tokyo)

• 5-15 Property Price List (2/3) (23 Wards of Tokyo)

• 5-15 List of property prices (3/3) (Other Greater Tokyo and other cities)

• Disclaimer