X0206 3 2017-08-11 0 0001663712 NEXPOINT REAL ESTATE STRATEGIES FUND NRESF 0001715766 SENTINEL REINSURANCE, LTD. PO BOX 1093, BOUNDARY HALL CRICKET SQUARE GRAND CAYMAN E9 KY1-1102 CAYMAN ISLANDS 0 0 1 0 0001716802 DEAN ANDREW PO BOX 1093, BOUNDARY HALL CRICKET SQUARE GRAND CAYMAN E9 KY1-1102 CAYMAN ISLANDS 0 0 1 0 0001716547 WATLER CHRISTOPHER PO BOX 1093, BOUNDARY HALL CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102 CAYMAN ISLANDS 0 0 1 0 Class Z Shares of Beneficial Interest 96399.616 D These shares are held by Sentinel Reinsurance, Ltd. ("Sentinel"). Mr. Dean and Mr. Watler are the the directors of Sentinel. Mr. Dean and Mr. Watler each disclaim beneficial ownership of such shares. /s/ Andrew Dean, Director 2017-09-12 /s/ Andrew Dean 2017-09-12 /s/ Christopher Watler 2017-09-12