0001104659-26-016379 Sample Contracts

RELEASE OF GUARANTOR
Release of Guarantor • February 17th, 2026 • Medalist Diversified REIT, Inc. • Real estate investment trusts

THIS RELEASE OF GUARANTOR (this “Agreement”) executed as of February 13, 2026, by and among WELLS FARGO BANK, N.A. (“Bank”); MDR LANCER, LLC, a Delaware limited liability company (the “Borrower”); MEDALIST DIVERSIFIED REIT, INC., a Maryland corporation (the “Released Guarantor”); and MEDALIST DIVERSIFIED HOLDINGS, L.P., a Delaware limited partnership (the “Replacement Guarantor”) recites and provides as follows:

FOURTH AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • February 17th, 2026 • Medalist Diversified REIT, Inc. • Real estate investment trusts • Virginia

THIS FOURTH AMENDMENT CREDIT AGREEMENT (this “Amendment”) is made as of February 13, 2026, by and among MDR LANCER, LLC, a Delaware limited liability company (the “Borrower”); and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”).

CONTINUING GUARANTY
Continuing Guaranty • February 17th, 2026 • Medalist Diversified REIT, Inc. • Real estate investment trusts • Virginia