Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ​ The disclosure pertaining to the Non-Recourse Guaranty, the Completion Guaranty, the Environmental Indemnity and the Contribution Agreement set forth under “

Entry into a Material Definitive Agreement As previously announced, on September 1, 2026, Medalist Diversified, Inc. (the “Company” ), through its wholly owned subsidiary, MDI Mira Sav, LLC (“MDI Mira Sav”), entered into a joint venture, MIRA Sav Partners, LLC (the “Mira JV”) with Spandrel Development Partners, LLC (“Spandrel”), a real estate developer, and certain other investors, including Frank Kavanaugh, the Company’s Chief Executive Officer and Emanuel Neuman, a member of the Company’s B…

Other Events On October 6, 2026, Medalist Diversified, Inc. (the “Company”) issued a press release, a copy of which is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference, whereby the Board of Directors (the “Board”) has authorized and the Company has declared a quarterly dividend on its common stock (the “Common Stock”) in the amount of $0.0675 per share (the “Dividend”). The Dividend will be payable in cash on October 23, 2026 to holders of re…

Completion of Acquisition or Disposition of Assets. ​ As previously disclosed in the Form 8-K filed on July 22, 2026 with the Securities and Exchange Commission (the “SEC”) by Medalist Diversified, Inc., a Maryland corporation (the “Company”), on July 21, 2026, the Company entered into a Purchase and Sale Agreement, as amended (the “Agreement”), with NPH Ventures, LLC, a Delaware limited liability company (the “Seller”) , whereby the Company agreed to acquire (the “Acquisition”) a property lo…

Completion of Acquisition or Disposition of Assets. ​ As previously disclosed in the Form 8-K filed on June 17, 2026, with the SEC on June 17, 2026, MDR Brookfield, LLC, a Delaware limited liability company (the “MDI Seller”), a wholly owned subsidiary of the Company, entered into a Purchase and Sale Agreement (the “MDI Agreement”), with Person Street Partners GP Fund I, L.P., a Delaware limited partnership (the “Purchaser”) , whereby the Purchaser agreed to acquire from the MDI Seller Brookf…

Entry into a Material Definitive Agreement ​ Entry into Mira Sav Partners LLC Joint Venture Agreement ​ On September 1, 2026, Medalist Diversified, Inc. (the “Company”), through its wholly owned subsidiary, MDI Mira Sav, LLC, entered into a joint venture (the “Mira JV”) with Spandrel Development Partners, LLC (“Spandrel”), a real estate developer, and certain other investors, including Frank Kavanaugh, the Company’s Chief Executive Officer and Emanuel Neuman, a member of the Company’s Board o…

Termination of a Material Definitive Agreement ​ As previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on July 22, 2026 by Medalist Diversified, Inc., a Maryland corporation (the “Company”), on July 21, 2026 the Company entered into (i) a Purchase and Sale Agreement (the “Denton Agreement”), with NPH Ventures, LLC a Delaware limited liability company (the “Seller”), whereby the Company agreed to acquire a property located at 8600 Highway 3…

Completion of Acquisition or Disposition of Assets. ​ As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission by Medalist Diversified, Inc., a Maryland corporation (the “Company”) on February 4, 2026, on February 3, 2026, MDR Ashley Plaza, LLC, a Delaware limited liability company (the “Seller”), a wholly owned subsidiary of the Company, entered into a Purchase and Sale Agreement (the “Agreement”), with HPX Goldsboro Ashley Center LLC, a Delaware limited liab…

Completion of Acquisition or Disposition of Assets. ​ As previously disclosed in the Form 8-K filed on June 9, 2026 with the Securities and Exchange Commission (the “SEC”) by Medalist Diversified, Inc., a Maryland corporation (the “Company”), on June 8, 2026, the Company entered into a Purchase and Sale Agreement (the “Agreement), with 14939 Metcalf Ave., LLC, a Texas limited liability company (the “Seller”), whereby the Company agreed to acquire (the “Acquisition”) a property located at 1493…

Entry Into a Material Definitive Agreement. ​ On July 21, 2026, (the “Effective Date”), Medalist Diversified, Inc. a Maryland corporation (the “Company”), entered into (i) a Purchase and Sale Agreement (the “Denton Agreement”), a copy of which is filed as Exhibit 10.1 hereto, with NPH Ventures, LLC a Delaware limited liability company (the “Seller”), whereby the Company agreed to acquire (the “Denton Acquisition”) a property located at 8600 Highway 377, Aubrey, Texas 76258, consisting of a Ca…

Other Events On July 13, 2026, Medalist Diversified, Inc. (the “Company”) issued a press release, a copy of which is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference, whereby the Board of Directors (the “Board”) has authorized and the Company has declared a quarterly dividend on its common stock (the “Common Stock”) in the amount of $0.0675 per share (the “Dividend”). The Dividend will be payable in cash on July 30, 2026 to holders of record…

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. ​ On June 17, 2026, (the “Effective Date”), MDR Brookfield, LLC, a Delaware limited liability company (the “Seller”), entered into a Purchase and Sale Agreement (the “Purchase and Sale Agreement”), with Person Street Partners GP Fund I, L.P., a Delaware limited partnership (the “Purchaser”), whereby the Purchaser agreed to acquire (the “Acquisition”) Brookfield Center, an approximately 64,880 square foot flex-industrial property in Greenville, South…

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On June 8, 2026, (the “Effective Date”), Medalist Diversified, Inc. a Maryland corporation (the “Company”), entered into a Purchase and Sale Agreement (the “Agreement”), a copy of which is filed as Exhibit 10.1 hereto, with 14939 Metcalf Ave., LLC, a Texas limited liability company (the “Seller”), whereby the Company agreed to acquire (the “Acquisition”) a property located at 14939 Metcalf Avenue, Overland Park, Kansas, consisting of approximately 1.…

Other Events. Own Digital Treasury TRS, LLC (“OWN”), a wholly-owned subsidiary of Medalist Diversified, Inc. (“Medalist” and together with OWN, the “Company”), has entered into a Pledged Asset Line Agreement (the “PAL Agreement”) by and between OWN and Charles Schwab & Co., Inc. (“Schwab”). The PAL Agreement provides for a revolving, non-purpose margin credit facility, secured by a first-priority lien on a designated brokerage account maintained at Schwab (the “Collateral Account”), of an amo…

Other Events On April 1, 2026, the Company issued a press release, a copy of which is attached to this Current Report on Form 8-K as Exhibit 99.2 and is incorporated herein by reference, whereby the Board of Directors (the “Board”) has authorized and the Company has declared a quarterly dividend on its common stock (the “Common Stock”) in the amount of $0.0675 per share (the “Dividend”). The Dividend will be payable in cash on April 21, 2026 to holders of record of the Common Stock as of Apri…

Completion of Acquisition or Disposition of Assets. ​ As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission by Medalist Diversified, Inc., a Maryland corporation (the “Company”) on February 4, 2026, on February 3, 2026, MDR Franklin Square, LLC, a Delaware limited liability company (the “Seller”), a wholly owned subsidiary of the Company, entered into a Purchase and Sale Agreement (the “Agreement”), with PC Acquisitions, LLC, a North Carolina limited liabil…

Entry Into a Material Definitive Agreement. ​ On March 5, 2026, (the “Effective Date”), MDR Ashley Plaza, LLC, a Delaware limited liability company (the “Seller”), entered into a Purchase and Sale Agreement (the “Purchase and Sale Agreement”), with HPX Goldsboro Ashley Center LLC, a Delaware limited liability company (the “Purchaser”), whereby the Purchaser agreed to acquire (the “Acquisition”) a 156,012 square foot retail property located at 201–221 North Berkeley Boulevard in Goldsboro, Nor…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. ​ The information set forth under

Entry Into a Material Definitive Agreement. ​ As previously reported, wholly-owned subsidiaries (the “Borrower”) of Medalist Diversified Holdings, LP, a Maryland limited partnership and the operating partnership (the “Operating Partnership”) of Medalist Diversified REIT, Inc. (the “Company”) entered into a Credit Agreement, dated as of June 13, 2022 (the “Credit Agreement”), with Well Fargo Bank, National Association (the “Lender”), for a term loan (the “Term Loan”). On February 13, 2026, in…

Material Modification to Rights of Security Holders. ​ On February 12, 2026, the Company’s board of directors (the “Board”) authorized termination of the Company’s REIT election which when terminated will be effective January 1, 2026. The restrictions on ownership and transfer of Shares (as defined the in the Company’s Articles of Incorporation) set forth in Article VI of the Company’s Articles of Incorporation, including, without limitation, the “Aggregate Share Ownership Limit,” as defined…

Completion of Acquisition or Disposition of Assets. ​ As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission by the Company on October 28, 2025, on October 27, 2025, MDR Greenbrier, LLC, a Delaware limited liability company (the “Seller”), a wholly owned subsidiary of the Company, entered into a Purchase and Sale Agreement (the “Agreement”), with CLM Acquisitions, LLC, a Virginia limited liability company (the “Purchaser”), whereby the Purchaser agreed to ac…

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT ​ On February 3, 2026, (the “Effective Date”), MDR Franklin Square, LLC, a Delaware limited liability company (the “Seller”), entered into a Purchase and Sale Agreement (the “Purchase and Sale Agreement”), with PC Acquisitions, LLC, a North Carolina limited liability company (the “Purchaser”), whereby the Purchaser agreed to acquire (the “Acquisition”) the Shops at Franklin Square, a 134,239 square foot retail property located in Gastonia, North Caro…

Director — Kory Kramer and A. Lee Finley: Mr. Kramer and Mr. Finley resigned from the Board of Directors.

Other Events Dividend ​ On December 19, 2025, Medalist Diversified REIT, Inc. (the “Company”) issued a press release, a copy of which is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference, whereby the Board of Directors (the “Board”) has authorized and the Company has declared a quarterly dividend on its common stock (the “Common Stock”) in the amount of $0.0675 per share (the “Dividend”). The Dividend will be payable in cash on January 13, 202…

Entry Into a Material Definitive Agreement. ​ On November 14, 2025, Medalist Diversified REIT, Inc. (the “Company”) and Medalist Diversified Holdings, LP, a Maryland limited partnership and the operating partnership (the “Operating Partnership”) entered into an exchange agreement (the “Exchange Agreement”) with Francis P. Kavanaugh, the Company’s Chief Executive Officer, President, Treasurer and Secretary, pursuant to which Mr. Kavanaugh will exchange an aggregate of 2,405 shares of the Compa…