X0306 4 2022-12-09 0 0001654595 Medalist Diversified REIT, Inc. MDRR 0001958756 Elliott Colin 2915 MONUMENT AVE. RICHMOND VA 23221 0 0 0 1 Vice President Common Stock 2022-12-09 4 A 0 38217 A 43364.8924 D 38,217 shares of common stock were issued to Mr. Elliott on December 9, 2022 pursuant to the Medalist Diversified REIT, Inc. 2018 Equity Incentive Plan. /s/ Colin M. Elliott 2022-12-09