X0306 4 2018-05-02 0 0001628063 Seritage Growth Properties SRG 0001644905 Bry James Edwin 500 FIFTH AVENUE, SUITE 1530 NEW YORK NY 10110 0 1 0 0 See Remarks Class A Common Shares 2018-05-02 4 A 0 3147 0 A 9715 D Represents a grant of Restricted Share Units under the Seritage Growth Properties 2015 Share Plan. This award will vest in substantially equal installments on each of May 2, 2019, May 2, 2020 and May 2, 2021. Includes 7,640 unvested Restricted Share Units and Restricted Shares, as of the date of this filing. EVP of Development and Construction /s/ Matthew E. Fernand, as attorney-in-fact 2018-05-04