Item 1.01. Entry into a Material Definitive Agreement.

On December 24, 2019, Strategic Realty Trust, Inc. (the "Company") entered into a Loan Agreement (the "SRT Loan Agreement") with PFP Holding Company, LLC (the "SRT Lender") for a non-recourse secured loan (the "SRT Loan"). On January 18, 2023, the Company and the SRT Lender extended the maturity date of the SRT Loan for an additional twelve-month period under the same terms and conditions. The new maturity date is January 9, 2024.

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