On October 29, 2018, Strategic Realty Trust, Inc. (the Company) entered into a loan agreement (the Sunset & Gardner Loan) with Lone Oak Fund, LLC (the Lender). On September 7, 2022, the Company and the Lender extended the maturity date of the Sunset & Gardner Loan to October 31, 2023, an additional one-year period from the current maturity date. The interest rate of the Sunset & Gardner Loan was increased to 8.6% per annum in connection with the extension.

All other terms and conditions of the loan remain unchanged.