8802 Q1 2027 Earnings Presentation

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FY2026-1Q ( The Fiscal Year Ending March 31 , 2027 ) IR Presentation Janelas MITSUBISHI ESTATE

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation ⚫ Operating Profit was ¥121.2 billion (up 94.3% YoY) and Profit Attributable to Owners of Parent was ¥95.4 billion (up 198.3% YoY). Both reached record highs for a first quarter. ⚫ In Japan, earnings growth was driven by capital gains from office buildings and condominium sales. ⚫ Overseas, significant profit growth was driven by the sale of prime office assets, including Warwick Court in London and 180 George Street in Sydney. ⚫ The Marunouchi Property Business delivered higher earnings, supported by continued positive rent reversions. The vacancy rate further declined to 0.49% as of the end of June 2026. ⚫ A ¥30.0 billion gain on the sale of strategic-holding stocks was recorded as extraordinary income, contributing to the substantial increase in profit attributable to owners of parent. 2 Financial Overview ⚫ Operating Profit is expected to reach a record high of ¥370 billion (up ¥40.2 billion, or 12.2% YoY), driven by strong performance in the Marunouchi Property Business segment and capital gains from overseas assets (90% already secured). ⚫ Extraordinary income of about ¥75.0 billion is planned, mainly from selling strategic-holding stocks. ⚫ Profit Attributable to Owners of Parent is expected to reach about ¥235.0 billion, a record high. ⚫ ROE is expected to be around 9%. (Dividends) Dividend for FY2025: ¥46 per share. Dividend forecast for FY2026: ¥49 per share. Progressive dividend payment of +¥3 for every fiscal year until FY2030. (Share buybacks) ¥50.0 billion share buyback has been firmly decided for FY2026, with additional repurchases to be considered going forward. FY2026 1Q Results FY2026 Forecasts (Changes shown in red) Shareholders Returns Policy (Repost)

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 3 FY2026 Strategy to Drive ROE Growth 1. Growth in Operating Profit 3. Managing Equity (Commitment to Shareholder Returns) 2. Pursuing Efficiency Through Asset Sales ROE Improvement Strategy FY2026 Strategy ROE of around 9% in FY2026 (from 8.5% in FY2025) Operating Profit Growth to ¥370 billion in FY2026 ( +¥40.2 billion YoY), driven by Marunouchi growth and overseas capital gains (90% secured) Extraordinary income of ¥75.0 billion, mainly from the Sale of Strategic-Holding Stocks Share Buyback of ¥50 billion, with flexible consideration of additional buybacks 1. 2. 3.

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 5 1. FY2026-1Q Income Statement Summary vs FY2025-1Q results FY2026-1Q Overview Operating Profit: ¥121.2 billion (up ¥58.8 billion YoY) Profit Attributable to Owners of Parent: ¥95.4 billion (up ¥63.4 billion YoY) Millions of yen (rounded down) FY2026-1Q Results FY2025-1Q Results Change Main Factors Operating revenue 497,685 356,954 + 140,731 Operating profit 121,240 62,405 + 58,834 Commercial Property Business 30,027 16,285 + 13,742 + Increase in capital gains Marunouchi Property Business 27,240 24,626 + 2,613 + Good performance in office leasing and the retail business Residential Business 23,305 19,844 + 3,461 + Increase in profit from condominium business International Business 43,036 6,373 + 36,663 + Increase in capital gains Investment Management Business 1,440 1,072 + 368 Architectural Design & Engineering Business and Real Estate Services Business 1,412 1,867 (455) Other (146) (637) + 490 Eliminations or corporate (5,076) (7,026) + 1,950 Non-operating income 5,807 9,201 (3,394) Non-operating expenses 18,871 15,934 + 2,936 Increase in interest expenses Ordinary profit 108,176 55,672 + 52,503 Extraordinary income 30,228 7,892 + 22,335 Increase in gain on sales of investment securities Extraordinary losses - 11,491 (11,491) Total income taxes 38,629 16,214 + 22,414 Profit attributable to non-controlling interests 4,358 3,873 + 485 Profit attributable to owners of parent 95,416 31,985 + 63,430 Millions of yen (rounded off to the nearest billion) FY2026-1Q Results FY2025-1Q Results Change Commercial Property 14,000 - + 14,000 Residential 1,000 2,000 (1,000) International 38,000 1,000 + 37,000 Total 53,000 3,000 + 50,000 ◼ Capital Gains included in Operating Profit (before G&A)

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 6 2. Balance Sheet Summary FY2026-1Q Overview Assets As of June 30, 2026 As of March 31, 2026 Change Inventories 632.3 642.6 (10.2) Property, plant and equipment 5,162.0 5,117.5 + 44.4 Equity investments 1,155.4 1,121.3 + 34.1 Other 1,593.0 1,684.7 (91.7) Total assets 8,542.9 8,566.2 (23.2) Liabilities and net assets As of June 30, 2026 As of March 31, 2026 Change Interest-bearing debt 3,780.9 3,610.9 + 170.0 Other 1,849.1 2,077.7 (228.5) Total Liabilities 5,630.1 5,688.6 (58.5) Total Net assets 2,912.8 2,877.5 + 35.2 Total liabilities and net assets 8,542.9 8,566.2 (23.2) (Billions of yen)

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 7 3. Interest-Bearing Debt FY2026-1Q Overview Fixed/Floating Rates *Long/Short Terms * Yen/Foreign Currency * Fixed 80.3% Long-term 93.3% Yen 75.2% Credit Rating Floating 19.7%Short-term 6.7% Foreign currencies ¥916.5 billion (Floating ¥604.6 billion) (from Aug. 21, 2025) Average Remaining Maturity (Unconsolidated) 6.0 years Credit Rating Agency Long-term Rating Moody’s A2 S&P A R&I AA Japan Credit Rating Agency AA+ Billions of yen FY2026 367.4 FY2027 464.9 FY2028 375.1 FY2029 312.2 Amount to be Repaid (Consolidated) * Excl. CP and Lease Liabilities (as of end of Jun. 2026) Borrowings 2,803.6 Bonds 895.8 Commercial Paper 80.0 Lease Liabilities 1.3 ¥3,780.9 billion +¥170.0 billion (vs. end of Mar. 2026) (Billions of yen) Consolidated Interest-Bearing Debt (as of end of Jun. 2026)

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 9 1. FY2026 Income Statement Forecasts vs FY2025 results FY2026 Forecasts Operating Profit: ¥370.0 billion (up ¥40.2 billion YoY) Profit Attributable to Owners of Parent: ¥235.0 billion (up ¥12.4 billion YoY) Millions of yen (rounded down) FY2026 Forecasts FY2025 Results Change Main Factors Operating revenue 2,000,000 1,746,148 + 253,852 Operating profit 370,000 329,730 + 40,270 Commercial Property Business 110,000 135,677 (25,677) - Decrease in capital gains Marunouchi Property Business 120,000 97,534 + 22,466 + Good performance of office leasing and increase in capital gains Residential Business 65,000 57,287 + 7,713 + Increase in profit from condominium business International Business 80,000 57,111 + 22,889 + Increase in capital gains Investment Management Business 15,000 1,435 + 13,565 + Increase in base fees and rebound from incentive fee adjustments Architectural Design & Engineering Business and Real Estate Services Business 10,000 12,614 (2,614) Other, Eliminations or corporate (30,000) (31,931) + 1,931 Non-operating income 10,000 17,808 (7,808) Non-operating expenses 85,000 74,452 + 10,548 Increase in interest expenses Ordinary profit 295,000 273,086 + 21,914 Extraordinary income/losses 75,000 76,259 (1,259) Total income taxes 115,000 113,830 + 1,170 Profit attributable to non-controlling interests 20,000 13,008 + 6,992 Profit attributable to owners of parent 235,000 222,507 + 12,493 Millions of yen (rounded off to the nearest billion) FY2026 Forecasts FY2025 Results Change Commercial Property 50,000 67,000 (17,000) Marunouchi Property 10,000 - + 10,000 Residential 10,000 11,000 (1,000) International 55,000 50,000 + 5,000 Total 125,000 128,000 (3,000) ◼ Capital Gains included in Operating Profit (before G&A)

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 10 2. ROA・ROE・EPS FY2026 Forecasts 52.85 60.13 74.00 86.78 96.97 108.64 101.34 116.45 125.54 131.96 151.04 181.80 196.27 200 3.3% 3.3% 3.6% 3.8% 4.0% 4.1% 3.8% 4.4% 4.4% 3.9% 4.0% 4.0% 4.3% 5% 5.2% 5.6% 6.6% 7.3% 7.8% 8.5% 7.6% 8.1% 7.9% 7.4% 7.6% 8.5% 10% 0 50 100 150 200 250 0% 2% 4% 6% 8% 10% 12% FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 Forecasts FY2030 Target EPS（right axis） ROA* ROE Around 9% FY2025 results: ROA 4.0%, ROE 8.5%, EPS ¥181.80 (5th straight record-high) FY2026 forecasts: ROE around 9%. Steadily progressing toward achieving 10% ROE （yen） * ROA = Business Profit / Total assets (average)

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 12 1. Shareholders Returns Policy/ Progressive Dividends +¥3 Every Fiscal Year Shareholders Returns Dividends of ¥49 per share planned for FY2026 Reflect upward growth prospect and implement progressive dividends with a +¥3 increase every fiscal year ( ¥60 or more in FY2030) Shareholder Returns (Dividends) Shareholder ValueBusiness Strengths Stable Rental CF From Marunouchi/outlet malls/flagship buildings in Europe and the US Further Growth of Rental CF After completion of Torch Tower, 8 Bishopsgate, etc. Continuous/ Stable Shareholder Returns Improved foreseeabilityBy monitoring the market Maximize Profits on Sales ¥60 or moreIncrease dividends by +¥3 every fiscal year 26 30 33 31 36 38 40 43 46 49 20 25 30 35 40 45 50 55 60 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 Dividends per share

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 13 2. Shareholders Returns Policy/ Continuous and Flexible Share Buybacks Shareholder Returns (Share Buybacks) ¥130 billion share buybacks in FY2025 ¥50 billion share buybacks planned for FY2026, with additional buybacks to be considered Business Strengths / Management Strategies Flexibly consider additional buyback FY2024 FY2025 FY2026 ¥ 50 billion Base: annually approx. ¥50 billion ◼ Maximize Capital Gains by monitoring the market ◼ Strategic Returns including Marunouchi assets ◼ Sale of Strategic-Holding Stocks, etc. Shareholders Returns ¥130 billion ¥50 billion

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 253.6 366.5 292.0 364.9 64.8 54.1 44.1 42.0 0 50 100 150 200 0 100 200 300 400 FY2022 Actual FY2023 Actual FY2024 Actual FY2025 Actual FY2027 Target Market value (left axis) Purchase value (right axis) (Billions of yen) 14 3. Policy for Sale of Strategic-Holding Stocks Reducing strategic -holding stocks by more than 50% by FY2027. Shareholders Returns Effects and Use of Proceeds ▍Market / Purchase Value of Strategic-Holding Stocks (Listed Stocks) • Actualize unrealized gains • Use proceeds for share buybacks, high-efficiency investments, etc. Reducing by more than 50% (compared to the end of FY2024) 200 150 100 50 0 Continuous reduction to no holdings, in principle (Billions of yen) Sales value: over ¥100 billion

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 15 4. Shareholders Returns (Dividends) Shareholders Returns DPS increase due to steady profit growth, and progressive dividend payments(+¥3) is introduced from FY2024. 64.2 73.3 83.4 102.6 120.4 134.6 148.4 135.6 155.1 165.3 168.4 189.3 222.5 235.0 12 14 16 20 26 30 33 31 36 38 40 43 46 49 0 10 20 30 40 50 0 50 100 150 200 250 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 （Forecasts） Profit Attributable to Owners of Parent Dividends per share (Billions of yen) （Yen） ¥３(+6.5%) increase in dividend

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 16 5. Shareholders Returns (Share Buyback) Shareholders Returns Implemented ¥410 billion share buybacks over the past 7 years and will continue to deliver high and stable shareholders returns. For FY2026 as well, in addition to the already approved ¥50 billion share buyback, additional repurchases will be considered flexibly. (Billions of yen) ¥410 billion Share Buybacks have been completed 16.6 19.4 22.1 27.7 36.0 41.6 44.6 41.4 47.7 49.7 50.7 53.6 55.8 100.0 30.0 45.8 54.2 50.0 130.0 25.8% 26.5% 26.5% 27.0% 29.9% 30.9% 97.4% 30.6% 50.1% 57.8% 62.4% 54.7% 83.5% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0% 0 20 40 60 80 100 120 140 160 180 200 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Dividend Share Buyback Total Return Rate(Single year)

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 18 1. FY2025 Operating Profit (breakdown) Strategy and Progress FY2025 Results Main components Operating Profit 329,730 Commercial Property Business 135,677 Leasing 66,800 Rental profit of office, logistics facility, retail property (including outlet), hotel, etc., in Japan (excluding Marunouchi) Sales of assets 59,500 Gain on sale of properties, such as office, logistics facility, retail property, and hotel Other(fees, etc.) 9,377 Fee income from hotel management, project management, etc. Marunouchi Business 97,534 Leasing and Other(fees, etc.) 97,534 Rental profit mainly from Marunouchi office buildings, and profit from property management and flexible workspace businesses Residential Business 57,287 Condominiums Sales 43,700 Profit on new condominiums and renovated condominiums businesses Sales of assets 7,500 Gain on sale of properties such as rental apartments Other 6,087 International Business 57,111 Leasing 22,800 Rental profit of major properties in the US and Europe Condominiums Sales (1,500) Profit on new condominium business Sales of assets 41,300 Gain on sale of overseas asset properties Other (5,489) Investment Management Business 1,435 Base fee etc. 7,400 Profit on asset management business in both Japan and overseas (excluding incentive fees associated with market value change) Incentive fee (3,300) Incentive fees associated with market value change (non-cash) One-off expense (2,665) M&A related costs, etc. Architectural Design & Engineering Business and Real Estate Services Business 12,614 Other (2,323) Eliminations or corporate (29,607) Millions of yen (Reference) * Rounded the amount to the nearest hundred million yen. To be consistent with total value, rounding adjustment was made in the item at the bottom of each segment. G&A was appropriated for each profit on a pro-rata basis.

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 19 2. Commercial Property Business Strategy and Progress (Commercial Property Business) Main Indicators Capital Recycling Assets Over ¥1.0tn →See IR Databook P.34～43 NOI Yield of Assets under Operation Mid-6% range Operating Profit *FY2025 results and at the end of March 2026 unless otherwise described 66.8 59.5 9.3 135.6 0 20 40 60 80 100 120 140 FY2025 Rental profit Sales of assets Fees (Billions of yen) * G&A was appropriated for each profit on a pro-rata basis. High Capital Gains ¥67billion Before G&A Business Overview Office Buildings Engages in the development, leasing, and property management of office buildings, mainly in major cities in Japan excluding Marunouchi area. Logistics Facilities Development, leasing, and management of the “Logicross” series as a foundation of logistics facilities. Hotels/Airports Undertakes hotel management nationwide as the Royal Park Hotels group. Began private airport management business. Retail Properties Develops retail properties and outlet malls across Japan, mainly in the major metropolitan areas.

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 20 3. Marunouchi Property Business Strategy and Progress (Marunouchi Property Business) Main Indicators: Advancing Marunouchi Redevelopment Development, leasing, and property management of mainly office buildings in Otemachi, Marunouchi, and Yurakucho (DaiMaruYu district). Maximize profits through area development and area management in the DaiMaruYu district. Redeveloped New Projects* Vacancy Rate of Marunouchi/Office →See IR Databook P.27 Business Overview 19buildings / 35 in total 2million ㎡ 1.1 - 1.3million ㎡ 0.55% ©Mitsubishi Jisho Design Inc. Torch Tower Tokiwabashi Tower Marunouchi Park Building Marunouchi Building Shin-Marunouchi Bldg. As of Mar. 2026 (Billions of yen) 97.5 97.5 0 10 20 30 40 50 60 70 80 90 100 FY2025 Rental profit and fee * G&A was appropriated for each profit on a pro-rata basis. Operating Profit *Total area to be supplied at the Marunouchi NEXT stage announced in 2020 **FY2025 results and at the end of March 2026 unless otherwise described; the area represents total floor area →See IR Databook P. 18～33

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 21 4. Residential Business Strategy and Progress (Residential Business) Main Indicators Business Overview Operates residential condominium business under "The Parkhouse" brand and rental apartments business under "The Parkhabio" brand. Gross Profit Margin 37.1% Owned Rental Apartments, etc. 156 buildings 43.7 7.5 6.0 57.2 0 10 20 30 40 50 60 FY2025 Condominiums Sales of assets Other (Billions of yen) * G&A was appropriated for each profit on a pro-rata basis. *FY2025 results and at the end of March 2026 unless otherwise described →See IR Databook P.44-49 Land Bank 16,107 units As of Mar. 2026 Operating Profit The Parkhouse Shinsaibashi TowerThe Parkhouse Yoyogi Oyama Residence The Parkhabio Kitasenju

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 22 5. International Business Strategy and Progress (International Business) 22.8 41.3 (1.5)(5.4) (10) 0 10 20 30 40 50 60 FY2025 Rental profit Sales of assets Condominiums Other Overall international business strategy →See IR Databook P.51-53 US →See IR Databook P.54-56 Europe →See IR Databook P.57-59 Asia/Oceania →See IR Databook P.60-63 Business overview / Reference for details Undertakes office building development and leasing businesses mainly in the United States and the United Kingdom, as well as projects in the cities of the Asia and Oceania regions. Business Overview Hybrid-model investment profit In US; Logistics, Rental apartments Rental profit Mainly in Europe and US; Stable Condominiums Sales Mainly in Asia/Oceania for actual demand Capital Gains US Europe Asia/Oceania Logistics, Rental apartments Size of ¥20 billion per year Offices Rental apartments Focus on investment efficiency (Billions of yen) * G&A was appropriated for each profit on a pro-rata basis. 57.1 Operating Profit

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 23 6. Investment Management Business Strategy and Progress (Investment Management Business) Business Overview Asset management companies in Japan, US, Europe, and Asia address global needs of asset management of real estates. Entrusted from over 650 institutional investors, general business corporations, and retail investors in 25 countries worldwide. Main Indicators Global Platform Japan Asia Global Platform USEurope Growing AuM As of Jan. 2020, release of LT Plan As of Mar. 2026 ¥3.1tn ¥7.3tn 7.4 -3.3 -2.6 (6) (4) (2) 0 2 4 6 8 FY2025 Base fee Incentive fee One-off expense 1.4 (Billions of yen) * G&A was appropriated for each profit on a pro-rata basis. →See IR Databook P.64-70 Operating Profit Japan US Europe Asia

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください Copyright © MITSUBISHI ESTATE Co., Ltd. All Rights Reserved. IR Presentation 24 7. Progress in Long-term Management Plan 2030 Strategy and Progress (Long-term Management Plan 2030) Changes in Business Profit ※Business profit: Operating profit + Share of profit of entities accounted for using equity method 201.5 201.6 215.8 215.2 239.0 253.4 274.3 46.1 37.9 55.8 89.4 51.4 45.8 57.1 15.7 9.3 32.2 19.0 17.7 36.2 28.0 (22.4) (24.2) (24.5) (26.6) (29.3) (25.9) (29.6) 240.9 224.7 279.3 296.9 278.9 309.6 329.8 -50 0 50 100 150 200 250 300 350 400 450 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026(F) FY2030 Domestic asset International asset Non-asset Eliminations or Corporate 370.0 (Billions of yen) Goals of FY2030 More than ¥ 400.0 billion

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#94252A #B01F24 #C11920 #D0121B #FF1100 #E8382F #EA5550 #EC6D74 #F29C97 以下のプライマリーカラーはスポイトで抽出しお使いください This material is provided for information purposes only. Nothing herein is intended to constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any specific products by Mitsubishi Estate Co., Ltd. (the “Company”) The contents of this material involve judgements based on the information available to the Company as of the releasing date. Although the information expressed is obtained or compiled from sources that the Company believes to be reliable, the Company cannot and does not guarantee the accuracy, certainty or completeness of the information. Forward-looking statements contained herein involve known and unknown risks, uncertainties and other factors that may affect future results or events expressed in those statements, and therefore should not be read as a guarantee by the Company that such results or events will be achieved as stated. Further, the Company undertakes no obligation to update any of such forward-looking statements, whether as a result of new information, future events or otherwise. This material may also be changed or removed without prior notice. The contents of this material may not be copied, reproduced, or distributed in any way without prior consent from the Company. Disclaimer Contact Information Investor Relations Office, Corporate Communications Department Mitsubishi Estate Co., LTD. +81-3-3287-5200 https://www.mec.co.jp/en/

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