Effective as of July 5, 2021, Daniel Khoshaba has tendered his resignation, for personal reasons, as the President and Chief Executive Officer of Wheeler Real Estate Investment Trust, Inc. and as a member of the Company’s Board of Directors (the “ Board”), including his membership on the Executive Committee of the Board. In accepting his resignation, the Board recognized Mr. Khoshaba’s achievements during his tenure in presiding over a significant turnaround in the Company and positioning it for further growth. Effective as of July 5, 2021, Mr. Khoshaba will also no longer stand for re-election to the Board at the Company’s upcoming Annual Meeting of Stockholders scheduled for July 15, 2021. M. Andrew Franklin, the Company’s Chief Operating Officer, has been appointed as interim Chief Executive Officer with immediate effect.