ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

Renewal of the Advisory Agreement

On April 28, 2023, KBS Growth & Income REIT, Inc., (the "Company"), renewed the advisory agreement with KBS Capital Advisors LLC (the "Advisor"). The renewed advisory agreement is effective through April 28, 2024; however, either party may terminate the renewed advisory agreement without cause or penalty upon providing 60 days' written notice. The terms of the renewed advisory agreement are identical to those of the advisory agreement that was previously in effect; however, as previously disclosed, the Advisor has waived its receipt of future asset management fees beginning October 1, 2022, potential future disposition fees, and $1.3 million of funds advanced to the Company for distribution payments.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS



     (d)       Exhibits

Ex.            Description

10.1             Advisory Agreement

104            Cover Page Interactive Data File (embedded within the Inline XBRL document)



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