X0306 4 2020-09-30 0 0001735184 Retail Value Inc. RVI 0001299469 Roulston Scott D 3300 ENTERPRISE PARKWAY BEACHWOOD OH 44122 1 0 0 0 Common Shares 2020-09-30 4 P 0 4000 12.48 A 16517.3808 D The price reported in column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $12.47 to $12.49, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares purchased at each separate price within this range. /s/ Tammy Battler, Attorney-In-Fact 2020-10-01