Modiv Industrial (MDV) Registration Filing summary

Company overview and business model

• Internally managed REIT focused on acquiring, owning, and managing single-tenant net-lease industrial manufacturing properties across the U.S., with a strategy to reduce non-core retail and office exposure and become a pure-play industrial REIT.

• Operates as a REIT since 2016, aiming to provide monthly dividends and long-term growth through a durable real estate portfolio.

• Principal executive offices are in Denver, Colorado, and both Class C Common Stock and Series A Preferred Stock are listed on the NYSE.

Financial performance and metrics

• Incorporates by reference the Annual Report on Form 10-K for the year ended December 31, 2024, and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, for detailed financials.

• As of April 30, 2025, 10,119,017 shares of Class C Common Stock and 1,725,000 shares of Series A Preferred Stock are outstanding.

Use of proceeds and capital allocation

• Net proceeds from securities offerings will be used for general corporate purposes, including acquisitions, leasing incentives, tenant improvements, capital expenditures, working capital, and debt repayment.