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To the Shareholders of MAXUS REALTY TRUST INC,

The 2026 Annual Meeting of Shareholders of MAXUS REALTY TRUST INC will be held on May 19, 2026 for Shareholders of record as of March 23, 2026.

Your vote is important, so please vote at your earliest convenience.

If you own shares through a broker, please follow the instructions that were provided to you by your broker/financial institution.

If you have any questions, please contact AST.

Thank You,

Equiniti Trust Company, LLC

Transfer Agent for MAXUS REALTY TRUST INC