Power REIT implements one-for-ten reverse stock split effective June 2, 2026

Power REIT's Board approved a 1-for-10 reverse stock split, converting every ten shares into one share, with trading on a split-adjusted basis beginning June 3, 2026. Fractional shares will be paid in cash at the June 2 closing price; the action does not affect shareholders' relative ownership percentages or voting rights.