MODIV INDUSTRIAL, INC.

Modiv Industrial, Inc. is a Maryland corporation that acquires, owns, and manages a portfolio of single-tenant net-lease properties across the United States. The company primarily focuses on critical industrial manufacturing properties with long-term leases to tenants that support the national economy and supply chains. Modiv also owns three non-core retail and office real estate properties, which it is gradually reducing. The company has operated as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes since the year ended December 31, 2016. As of December 31, 2025, Modiv's diversified portfolio consists of 42 operating properties, including one property held for sale and an approximate 72.7% tenant-in-common interest in a Santa Clara, California industrial property. The total Annual Base Rent (ABR) for these properties aggregates $39.1 million, calculated based on the next 12 months of contractual monthly base rent as of December 31, 2025. On a pro forma basis, reflecting the January 2026 acquisition of the remaining 27.3% tenant-in-common interest, ABR was $39.8 million based on the next 12 months of contractual monthly base rent as of December 31, 2025. The portfolio includes 39 industrial properties, which represent approximately 82% of the total portfolio. Modiv's Class C common stock trades on the NYSE under the symbol "MDV," and its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock trades under "MDV.PA."