Medalist Diversified, Inc. Announces Second DST Offering through DST Sponsor Platform: MDI Overland Park Net Lease DST, an All-Cash Caliber Collision Property in Overland Park, Kansas

FOR IMMEDIATE RELEASE

RICHMOND, Va., August 25, 2026. Medalist Diversified, Inc. ("Medalist") (NASDAQ: MDRR) today announced the launch of MDI Overland Park Net Lease DST, the second offering under its DST platform. The offering is available only to accredited investors and is sponsored by MDI Sponsor, LLC, a wholly-owned subsidiary of Medalist Diversified, Inc., and is distributed through Realta Equities, Inc., member FINRA/SIPC, as managing broker-dealer.

The offering provides a fractional interest in a newly constructed 17,592-square-foot Caliber Collision facility on 1.58 acres at 14939 Metcalf Avenue in Overland Park, Kansas, a Kansas City suburb and the second-largest city in the state. Built in 2022, the property sits on a hard corner along Metcalf Avenue, one of the metro's primary north-south arterials, within a retail corridor anchored by Target, Scheels and LifeTime Fitness.

The property is leased to Caliber Holdings, LLC under a 15-year absolute NNN lease with approximately 12 years remaining, 10% contractual rent increases every five years, and two five-year renewal options. The lease is guaranteed by Wand Newco 3, Inc., the corporate parent of Caliber Collision. Caliber describes itself as America's largest automotive repair and service brands group, operating more than 1,800 centers across 41 states.

The offering is structured with no debt, eliminating lender and refinancing risk, and is designed for investors seeking passive net-lease income with potential Section 1031 exchange treatment.

"We believe that our DST platform's inaugural offering first showed that a publicly traded, SEC-reporting sponsor can bring real transparency to the DST market," said Ron Nielsen, Executive Vice President, Sponsor Operations. "Overland Park is a simple, clean deal. No debt, one national tenant, a corporate guaranty, and a lease that runs to 2038 with built-in rent growth."

"We underwrite for durability first," said Peter Elwell, Managing Director, DST Investments. "We believe that an all-cash structure helps to remove the biggest source of risk in a net-lease DST, and a new-construction asset in one of the strongest trade areas in the Midwest gives investors a property that is expected to hold its value through the full lease term."

Independent third-party due diligence on the offering was completed by FactRight. Medalist files consolidated financial statements audited by Cherry Bekaert LLP and is governed by a five-member board of directors, four of whom are independent. Medalist management invested alongside DST investors in its first offering.

MDI Overland Park Net Lease DST follows MDRR XXV DST 1, the platform's inaugural offering, a Tesla-leased sales, service and delivery facility in Pensacola, Florida, announced in May 2026.

Financial advisors and broker-dealers interested in the offering can contact Medalist at Solutions@MedalistDST.com or (949) 415-6633, or visit medalistdst.com.

About Medalist Diversified, Inc.

Medalist Diversified, Inc. (NASDAQ: MDRR) is a Richmond, Virginia-based publicly traded real estate company purpose-built to sponsor Delaware Statutory Trust offerings for accredited 1031 exchange and cash investors. Founded in 2015 and NASDAQ-listed since 2018, Medalist reports under the Securities Exchange Act of 1934, is audited by Cherry Bekaert LLP, and is governed by a majority-independent board. Medalist sponsors DST offerings through its wholly-owned subsidiary, MDI Sponsor LLC, targeting commercial real estate leased to institutional tenants under long-term net leases.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws, including statements regarding projected distributions, net operating income, cap rates, the performance of the property and tenant, exit strategies, and the growth of Medalist's DST platform. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, including but not limited to tenant creditworthiness and performance, economic and market conditions, interest rate fluctuations, changes in tax laws (including Section 1031 requirements), environmental and regulatory changes, property market conditions, and investor demand. Actual results may differ materially from those projected. Medalist undertakes no obligation to update forward-looking statements. Investors should review the risk factors in the company's Form 10-K and 10-Q filings with the SEC.

Important Disclosures

This press release does not constitute an offer to sell or a solicitation of an offer to buy any security. Interests in MDI Overland Park Net Lease DST are offered only to accredited investors by means of a Confidential Private Placement Memorandum, which contains the complete Risk Factors. DST interests are speculative, illiquid and involve a high degree of risk, including the loss of principal. Projected distributions are targets only and are not guaranteed. Section 1031 exchange treatment is not guaranteed; investors should consult their own tax and legal advisors. Past performance of other Medalist-sponsored offerings is not indicative of future results. This press release is intended for informational purposes only and is not a substitute for the Confidential Private Placement Memorandum, which should be read in its entirety before making an investment decision. Caliber Holdings, LLC, Caliber Holdings Inc. and their affiliates are not issuers or underwriters of the securities and have no responsibility for the contents of this release.

Contacts

Media: Ron Nielsen, Executive Vice President, Sponsor Operations, rnielsen@medalistdst.com

Investors: C. Brent Winn, Jr., Chief Financial Officer

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