Chiron Real Estate enters $100M preferred equity deal with Maewyn XRN LP

Chiron Real Estate Inc.

• Company enters $100M preferred equity purchase agreement with Maewyn XRN LP; initial closing of at least $25M by June 20, 2026.
• Series C Preferred Stock carries 6% cumulative dividend, stepping to 8% after 4 years then +2% annually up to 12%.
• Initial conversion price set at $43.00 per share of common stock (2.32558 shares per preferred share).
• Maewyn receives board nomination and consent rights over debt, REIT status changes, and affiliate deals while holding >=5% of diluted common.
• Proceeds to be used for general business and working capital, including potential acquisitions.