KBS Growth & Income REIT

CASH DISTRIBUTION HISTORY*

*There is no assurance KBS Growth & Income REIT will declare and pay cash distributions at this rate and the REIT may modify the rate at its discretion. Cash distributions paid through September 30, 2020, consisting of 51% paid in cash and 49% reinvested through the dividend reinvestment plan, have been funded with 72% coming from cash flow from operations, 5% from advances from the REIT’s advisor, 21% from debt financing and 2% from net proceeds from the sale of real estate. Pursuant to filing dated July 31, 2020, the board of directors of KBS Growth & Income REIT, adjusted the distribution policy in response to the uncertainty caused by the ongoing public health crisis of the novel coronavirus disease (“COVID-19”) pandemic and expects to consider and declare distributions based on a single quarterly record dated. Distributions will be determined by the board of directors based on our financial condition and such other factors as the board of directors deems relevant. The board of directors will continue to evaluate the payment of future quarterly distribution. For more information, please refer to KBS Growth & Income REIT’s public filings.

**The amount per share for Class T Shares was reduced by the 1% annual stockholder servicing fee for shares sold in the public offering. This servicing fee accrued daily and was paid monthly in arrears. KBS Growth & Income REIT’s primary public offering was terminated effective June 30, 2017. Pursuant to the terms of the Class T shares as set forth in the REIT’s offering documents, the REIT ceased accruing for stockholder servicing fees after June 30, 2017 and reversed the amounts previously accrued. Please see KBS Growth & Income REIT’s public filings for more information.

STOCK DIVIDEND HISTORY***

***KBS Growth & Income REIT does not expect to authorize any additional stock dividends.