RREEF Property Trust auditor KPMG declines re-election after 2025 due to mandatory rotation

RREEF Property Trust, Inc.

KPMG notified it will not stand for re-election as auditor after completing FY2025 audit due to mandatory rotation rules.
No disagreements or reportable events with KPMG for FY2024, FY2023, or interim periods through Aug 13, 2025.
KPMG's audit reports for FY2024 and FY2023 were unqualified; no adverse opinions or modifications.
Company will solicit proposals and select a new independent auditor for the year ending December 31, 2026.
KPMG furnished a letter to the SEC dated August 19, 2025, agreeing with the company's statements.

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