X0306 4 2019-10-23 0 0001735184 Retail Value Inc. RVI 0001463104 Otto-Bernstein Katharina KG CURA VERMOGENSVERWALTUNG G.M.B.H.&CO. SASELER DAMM 39 A HAMBURG 2M D-22395 GERMANY 0 0 1 0 Common Stock 2019-10-23 4 S 0 44262 35.8639 D 21338 D Common Stock 2019-10-24 4 S 0 21338 36.0059 D 0 D The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a sale order executed by a broker-dealer. The reporting person reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average sale price. The range of prices for such transaction is $35.67 - $36.19. Reflects the weighted average sale price. The range of prices for such transaction is $35.66 - $36.19. The reporting person's Form 4 filed on August 29, 2019 stated that the amount of beneficially owned securities included 21,813 shares received in connection with the issuer's pro rata dividend to its shareholders. The amount of beneficially owned securities in this report reflects a correction to the number of shares received in connection with such pro rata dividend, which was 21,812 shares. /s/ Dr. Thomas Finne, managing director of KG CURA Vermogensverwaltung G.m.b.H. & Co., For: Katharina Otto-Bernstein 2019-10-25