Schedule

	Kenedix Residential Investment Corporation (Surviving corporation)	Japan Senior Living Investment Corporation (Absorbed corporation)
Merger agreement executed	November 10, 2017
General meeting of unitholders	January 25, 2018 (Resolutions: Partial amendment to the Articles of Incorporation, etc. )	January 25, 2018 (Resolutions: Merger Agreement approval, etc.)
Merger takes effect	March 1, 2018
First post-merger book-closing	July 31, 2018 (13th fiscal period ending: July 31, 2018)

Related Press Releases

November 10, 2017	Notice of Conclusion of Merger Agreement Between Kenedix Residential Investment Corporation and Japan Senior Living Investment Corporation
November 10, 2017	Supplemental Material on Merger
November 10, 2017	Notice Concerning Earnings Forecasts for the Fiscal Period Ending July 31, 2018 and the Fiscal Period Ending January 31, 2019 After the Merger Between Kenedix Residential Investment Corporation and Japan Senior Living Investment Corporation
November 10, 2017	Notice Concerning Revisions of Earnings Forecasts for the Fiscal Period Ending January 31, 2018
November 10, 2017	Notice Concerning Investment Unit Split
December 1, 2017	Notice Concerning Changes to Articles of Incorporation and Appointment of Directors
December 22, 2017	Notice of Conclusion of Memorandum of Understanding Concerning Revise on the Asset Management Agreements
December 22, 2017	Notice Concerning the Change of Organization and Company Regulations (the Management Guideline of Residential REIT Department and Regulations of Pipeline Meeting)
January 25, 2018	Notice Concerning Change of the Investment Corporation's Name and Relocation of its head office

Joint Brief Session regarding the Merger

• Presentation Material on Merger