Pacific Oak REIT amends $10M loan from advisor, lowers rate to 10%, extends maturity to June 2028

Pacific Oak Strategic Opportunity REIT, Inc.

Original $8M loan from Advisor combined with $2M increase to $10M total principal.
Interest rate reduced from 12% to 10% per annum; increases to 15% upon default.
Maturity extended to earlier of sale of PORT shares, June 30, 2028, or acceleration event.
Collateral granted: 3,000,000 common shares of subsidiary PORT (14.52% of outstanding).
Covenant requires maximum loan-to-value ratio of 50% based on pledged PORT shares.

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