Hines Global NAV per share falls to $9.76 as of Oct 31; November distributions declared

HINES GLOBAL INCOME TRUST, INC.

NAV per share $9.76 at Oct 31, down from $9.81 at Sept 30; real estate investments $5.64B.
Portfolio 96% leased, 31% levered, 52 properties; weighted-average exit cap rate 5.85%.
November 2025 gross distribution $0.052/share all classes; net range $0.044 (Class T) to $0.052 (Class I/AX/JX).
Transaction price for DRP and redemptions set at $9.76 per share for all classes; 1-year holding discount 5%.
NAV calculation reviewed by Altus; valuation policy filed as exhibit.

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