Regulations Governing Public Tender Offers for Real Estate Investment Trust Beneficiary Securities Article 17

The public tender offeror, before the commencement date of the public tender offer period, shall deliver the public tender offer prospectus to its mandated institution and the securities related entities. It furthermore shall deliver the public tender offer prospectus to the tenderer at the tenderer's request or when the tenderer deposits real estate investment trust beneficiary securities with the mandated institution under Article 15.The mandated institution of the preceding paragraph shall deliver the public tender offer prospectus on behalf of the public tender offeror.