On November 12, 2021, The Parking REIT changed its name to Mobile Infrastructure Corporation. It is an internally-managed, publicly registered, non-listed company that invests primarily in parking lots and garages in the United States. The name ‘Mobile Infrastructure Corporation’ captures the essence of the company’s core values and business practices of owning parking assets that serve as hubs for the movement of people, goods and services into and around a city.

Please contact your financial advisor or broker.

As we are a non-traded company and do not have a ticker symbol, our shares do not trade on an exchange.

At this time the company does not pay a dividend.

Mobile Infrastructure Corporation is not a REIT as it currently does not qualify as a REIT. REIT status was lost during the pandemic when leases were converted to management agreements by the prior management team. The Company is attempting to reassert REIT status.

Mobile Infrastructure Corporation is focused on a number of priorities aimed at positioning the company towards a potential listing on a national securities exchange down the road. These include:

Making the Company profitable and increasing the cash flow of each asset by working with the operators to increase utilization and revenues;

Increasing market presence in our existing markets and expanding in growing regions;

Enhancing our balance sheet with additional growth equity as the opportunities arise and addressing near-term maturities as able; and

Taking the steps necessary to attempt to reestablish our REIT status so that we can achieve the potential listing event that we all want as an outcome.

Forward-Looking Statements

This FAQs contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "project," "should," "will," and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to: national and local economic, business and real estate market conditions; the ability to maintain sufficient liquidity and our access to capital markets; our ability to identify, successfully compete for and complete acquisitions and loans; the performance of real estate assets and loans after they are acquired; and our ability to provide stockholder value through sales or otherwise dispose of our properties and other assets. Although Mobile Infrastructure Corporation believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. Actual results may differ materially from those contemplated by such forward-looking statements, including as a result of those factors set forth in the Risk Factors section of the Company's most recent annual report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission. Mobile Infrastructure Corporation does not undertake any obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in expectations. These FAQs shall not constitute an offer to sell or the solicitation of an offer to buy securities.

You will find various reports and filings at the company’s website in the Investor Relations section of the website at www.mobileit.com or with the Securities & Exchange Commission at www.sec.gov

You can also contact us at: ir@mobileit.com

DST Systems, Inc.

Mobile Infrastructure Corporation (The Parking REIT)

P.O. Box 219390

Kansas City, MO 64121

(855) 600-4536

Deloitte & Touche LLP

Keating, Muething & KleKamp PLL and Sullivan and Worchester, LLP

ir@mobileit.com