X0708 D/A LIVE 0002100640 AX Essential Retail Portfolio, DST 9 WEST 57TH STREET 42ND FLOOR NEW YORK NY NEW YORK 10019 (212) 515-3200 DELAWARE None None Other Delaware Statutory Trust true 2025 N/A Apollo RE Exchange, LLC 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Sponsor of the Issuer N/A AX Essential Retail Portfolio Manager, LLC 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Manager and Signatory Trustee of the Issuer N/A AX III Depositor, LLC 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Depositor of the Issuer Nari Na 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Scott Kleinman 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer John Zito 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Matthew Breitfelder 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Brian Carney 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Whitney Chatterjee 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Heather Glatter 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Benjamin Israel 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Martin B. Kelly 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer William B. Kuesel 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Mandee Lee 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Yael Levy 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Jessica L. Lomm 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Catherine Mullarney 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Katherine G. Newman 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Stuart A. Rothstein 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Stefanie Sundel 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Shari Vershell 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Johannes Worsoe 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer James Zelter 9 West 57th Street 42nd Floor New York NY NEW YORK 10019 Executive Officer Executive Officer of the Manager and Signatory Trustee of the Issuer Other Real Estate Decline to Disclose 06b 3C 3C.5 true 0002100640-26-000005 2025-11-25 false true true false 25000 Realized Financial, Inc. 22333 None None 500 W. 13th Street Austin TX TEXAS 78701 CA CALIFORNIA CO COLORADO NY NEW YORK TX TEXAS false Concorde Investment Services, LLC 151604 None None 3009 Research Park Drive Suite 200 Ann Arbor MI MICHIGAN 48108 CA CALIFORNIA false FNEX Capital, LLC 166316 None None One Indiana Square Suite 2252 Indianapolis IN INDIANA 46204 CA CALIFORNIA FL FLORIDA MD MARYLAND PA PENNSYLVANIA false Arvest Wealth Management 42057 Michael Cody Pugh 5635714 913 W. Monroe Avenue Lowell AR ARKANSAS 72745 AR ARKANSAS false Nationwide Planning Associates Inc. 31029 Eric Bicknese 2829451 32-16 Broadway Ave. 2nd Floor Fair Lawn NJ NEW JERSEY 07410 FL FLORIDA false Nationwide Planning Associates Inc. 31029 Lorenzo Aufiero 2705500 32-16 Broadway Ave. 2nd Floor Fair Lawn NJ NEW JERSEY 07410 FL FLORIDA false 91520000 48460229 43059771 Regarding Item 11, the Issuer may accept smaller investments in the Issuer's sole discretion. false 52 5948000 true 0 true Sales Commission include estimates of the maximum amount of Selling Commissions and Dealer Fees that may be paid. 1097000 true Item 16 is an estimate of offering and organizational expenses that may accrue to one or more Related Persons. false AX Essential Retail Portfolio, DST /s/Nari Na Nari Na Vice President of Manager& Signatory Trustee of Issuer 2026-04-13