ACRES Commercial Realty Corp. Equity Distribution Agreements

ACRES Commercial Realty Corp. has entered into two Equity Distribution Agreements. The first, dated September 3, 2026, is with Raymond James & Associates, Inc. for an "at-the-market" offering of up to $50 million of its common stock. The second, also dated September 3, 2026, is with Seaport Global Securities LLC for the offering and sale of up to 2,980,000 shares of its Series C Cumulative Redeemable Preferred Stock and up to 2,192,143 shares of its Series D Cumulative Redeemable Preferred Stock. This new agreement replaces a previous one with Jones Trading Institutional Services LLC, which was terminated effective September 1, 2026. The company has sold a small portion of its Series D Preferred Stock under the prior agreement before its termination. Both new agreements allow for sales through the NYSE or other trading markets, with commissions not exceeding 2.0%. The offerings are made under the company's effective Form S-3 registration statement.