The total number of investment units that the Investment Corporation is able to issue and the total number of outstanding investment units are as follows.

Capitalization	44,963,427,300 yen
Number of investment units that the Investment Corporation is able to issue	10,000,000 units
Total number of outstanding investment units	451,756 units

Changes in capitalization and the total number of outstanding investment units since the establishment of the Investment Corporation are as follows.

Date	Summary	Capitalization (thousands of yen)		Total number of outstanding investment units (units)
		Amount increased	Balance	Units increased	Balance
May 18, 2017	Private Placement  (Note 1)	150,000	150,000	1,500	1,500
October 27, 2017	Public Offering (Note 2)	16,891,000	17,041,000	177,800	179,300
November 28, 2017	Capital Increase through Private placement (Note 3)	274,550	17,315,550	2,890	182,190
September 5, 2018	Public Offering (Note 4)	4,509,198	21,824,748	46,667	228,857
September 14, 2018	Distribution in Excess of Earnings (Note 5)	△147,209	21,677,539	-	228,857
October 4, 2018	Capital Increase through Private Placement (Note 6)	225,426	21,902,965	2,333	231,190
March 14, 2019	Distribution in Excess of Earnings (Note 7)	△420,072	21,482,893	-	231,190
September 17, 2019	Distribution in Excess of Earnings (Note 8)	△133,396	21,349,496	-	231,190
March 17, 2020	Distribution in Excess of Earnings (Note 9)	△309,794	21,039,702	-	231,190
September 15, 2020	Distribution in Excess of Earnings (Note 10)	△163,682	20,876,019	-	231,190
March 5, 2021	Public Offering (Note 11)	18,106,825	38,982,845	151,500	382,690
March 16, 2021	Distribution in Excess of Earnings (Note 12)	△138,945	38,843,899	-	382,690
April 7, 2021	Capital Increase through Private Placement (Note 13)	474,004	39,317,904	3,966	386,656
September 15, 2021	Distribution in Excess of Earnings (Note 14)	△357,270	38,960,634	-	386,656
March 15, 2022	Distribution in Excess of Earnings (Note 15)	△327,884	38,632,749	-	386,656
March 14, 2023	Distribution in Excess of Earnings (Note 16)	△236,633	38,396,116	-	386,656
July 18, 2023	Public Offering (Note 17)	6,973,760	45,369,876	62,000	448,656
August 10, 2023	Capital Increase through Private Placement (Note 13)	348,688	45,718,564	3,100	451,756
September 15, 2023	Distribution in Excess of Earnings (Note 19)	△446,587	45,271,976	-	451,756
March 15, 2024	Distribution in Excess of Earnings (Note 20)	△308,549	44,963,427	-	451,756

(Note 1)	The CSIF was established at the issue price of 100,000 yen per unit.
(Note 2)	New investment units were issued at an issue price of 100,000 yen per unit (issue value of 95,000 yen per unit) through public offering in order to raise funds for acquiring specified assets, etc.
(Note 3)	New investment units were issued at an issue value of 95,000 yen per unit by way of third-party allotment to Mizuho Securities Co., Ltd. in order to appropriate part of the funds for acquiring specified assets or for debt payments.
(Note 4)	New investment units were issued at an issue price of 102,180 yen per unit (issue value of 96,625 yen per unit) through public offering in order to raise funds for acquiring specified assets, etc.
(Note 5)	At a meeting of the Board of Directors of the CSIF held on August 14, 2018, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 808 yen per unit as a cash distribution payable for the 2nd fiscal period (year ended June 30, 2018). Payments began to be made on September 14, 2018.
(Note 6)	New investment units were issued at an issue value of 96,625 yen per unit by way of third-party allotment to Mizuho Securities Co., Ltd. in order to appropriate part of the funds for acquiring specified assets or for debt payments.
(Note 7)	At a meeting of the Board of Directors of the CSIF held on February 15, 2019, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 1,817 yen per unit as a cash distribution payable for the 3rd fiscal period (year ended December 31, 2018). Payments began to be made on March 14, 2019.
(Note 8)	At a meeting of the Board of Directors of the CSIF held on August 13, 2019, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 577 yen per unit as a cash distribution payable for the 4th fiscal period (year ended June 30, 2019). Payments began to be made on September 17, 2019.
(Note 9)	At a meeting of the Board of Directors of the CSIF held on February 13, 2020, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 1,340 yen per unit as a cash distribution payable for the 5th fiscal period (year ended December 31, 2019). Payments began to be made on March 17, 2020.
(Note 10)	At a meeting of the Board of Directors of the CSIF held on August 14, 2020, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 708 yen per unit as a cash distribution payable for the 6th fiscal period (year ended June 30, 2020). Payments began to be made on September 15, 2020.
(Note 11)	New investment units were issued at an issue price of 125,115 yen per unit (issue value of 119,517 yen per unit) through public offering in order to raise funds for acquiring specified assets, etc.
(Note 12)	At a meeting of the Board of Directors of the CSIF held on February 17, 2021, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 601 yen per unit as a cash distribution payable for the 7th fiscal period (year ended December 31, 2021). Payments began to be made on March 16, 2021.
(Note 13)	New investment units were issued at an issue value of 119,517 yen per unit by way of third-party allotment to Mizuho Securities Co., Ltd. in order to appropriate part of the funds for acquiring specified assets or for debt payments.
(Note 14)	At a meeting of the Board of Directors of the CSIF held on August 13, 2021, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 924 yen per unit as a cash distribution payable for the 8th fiscal period (year ended June 30, 2021). Payments began to be made on September 15, 2021.
(Note 15)	At a meeting of the Board of Directors of the CSIF held on February 14, 2022, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 848 yen per unit as a cash distribution payable for the 9th fiscal period (year ended December 31, 2021). Payments began to be made on March 15, 2022.
(Note 16)	At a meeting of the Board of Directors of the CSIF held on February 15, 2023, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 612 yen per unit as a cash distribution payable for the 11th fiscal period (year ended December 31, 2022). Payments began to be made on March 14, 2023.
(Note 17)	New investment units were issued at an issue price of 117,292 yen per unit (issue value of 112,480 yen per unit) through public offering in order to raise funds for acquiring specified assets, etc.
(Note 18)	New investment units were issued at an issue value of 112,480 yen per unit by way of third-party allotment to Mizuho Securities Co., Ltd. in order to appropriate part of the funds for acquiring specified assets or for debt payments.
(Note 19)	At a meeting of the Board of Directors of the CSIF held on August 17, 2023, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 1,155 yen per unit as a cash distribution payable for the 12th fiscal period (year ended June 30, 2023). Payments began to be made on March 14, 2023.
(Note 20)	At a meeting of the Board of Directors of the CSIF held on February 15, 2024, it was resolved to make distributions in excess of earnings (contribution refunds) at an amount of 683 yen per unit as a cash distribution payable for the 13th fiscal period (year ended December 31, 2023). Payments began to be made on March 15, 2024.

Name	Number of units	Percentage of total units outstanding(%)
Canadian Solar Projects K.K.	65,672	14.53
The Bank of Fukuoka, Ltd.	7,830	1.73
THE BANK OF NEW YORK MELLON SA/NV 10	7,339	1.62
Custody Bank of Japan, Ltd. (Trust Account)	6,187	1.36
JP MORGAN CHASE BANK 385650	5,910	1.30
SSBTC CLIENT ONMIBUS ACCOUNT	4,715	1.04
The Master Trust Bank of Japan, Ltd.(Trust Account)	4,255	0.94
Individual	4,210	0.93
JP MORGAN CHASE BANK 385632	4,087	0.90
The Higashi-Nippon Bank, Limited	4,072	0.90