Modiv stockholders approve merger with Global Net Lease; close expected Aug 12, 2026

MODIV INDUSTRIAL, INC.

Merger proposal passed with 6,363,283 for, 295,685 against, 103,767 abstain.
Approximately 94% of votes cast in favor, representing >61% of outstanding shares.
Transaction expected to close on or about Aug 12, 2026, subject to customary conditions.
CEO Aaron Halfacre cites 25% dividend increase for investors upon closing.
Compensation and adjournment proposals also approved; adjournment not needed.

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