MacKenzie Realty amends advisory agreement: new base fee 1.25% of AUM, bonus fee 5% of AFFO

MacKenzie Realty Capital, Inc.

Base Management Fee set at 1.25% of gross AUM (excl. depreciation/amortization), paid monthly.
Bonus Management Fee replaces subordinated incentive fee and acquisition fees; equals 5% of quarterly AFFO.
Adviser will no longer receive Acquisition Fees, Debt Financing Fees, or Disposition Fees.
Agreement runs for five years from Jan 1, 2026, with annual renewal option; non-renewal triggers termination fee.
If company elects to terminate early (not for cause), termination fee equals 3x trailing 12-month fees.

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