On January 23, 2014, Strategic Realty Trust, Inc. announced that it and Thompson National Properties, LLC have signed an agreement to end their proxy contest. Pursuant to the agreement calls for: (i) Todd Spitzer to be appointed as Chairman of the Board, (ii) the Company's organizational documents will be amended to strengthen shareholder rights, (iii) SRT Shareholders Coalition supports the reelection of Andrew Batinovich, the Company's CEO, to the Board of Directors at the Company's upcoming shareholders' meeting scheduled for February 7, 2014, by voting for Batinovich at the meeting, (iv) the Company has agreed to support the nomination and reelection of Spitzer at the end of his term, (v) Batinovich will resign as CFO of the Company and the Board will appoint Terri Garnick, currently SVP of Glenborough, LLC, as CFO. Batinovich shall remain as the Company's President, CEO, and Director, (vi) Anthony Thompson shall resign as a director and the Special Committee of the Board shall be dissolved, and (vii) the members of the Coalition, including Anthony Thompson, and Ron King, have signed standstill agreements that restrict their participation in proxy contests until June 30, 2016.

Pursuant to the agreement, the Coalition has agreed to terminate its proxy solicitation for the 2013 annual meeting.