Belpointe PREP Receives Full Prepayment of $5 Million Loan to 100 Tokeneke Road

• Belpointe PREP’s subsidiary BPOZ Tokeneke received full repayment of its $5 million loan to 100 Tokeneke Road on October 22, 2026.
• The $5.11 million repayment included $114,904.11 in accrued interest; no early termination penalties were incurred.
• Originated March 3, 2026, the loan carried 3.6% annual interest and was due March 3, 2028.
• Repayment terminated the convertible promissory note, including rights to convert into Tokeneke Partners Class A units at $14.50 each; none were converted.
• Related-party investor Belpointe Tokeneke Investment funded repayment through a capital contribution, increasing its Tokeneke Partners ownership from 50% to approximately 71%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Belpointe PREP LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-048251), on October 23, 2026, and is solely responsible for the information contained therein.