On September 11, 2020, Resource Real Estate Opportunity REIT, Inc. (the “Company”), Resource REIT, Inc. (f/k/a Resource Real Estate Opportunity REIT II, Inc.) (“Resource REIT”), RRE Opportunity OP II, LP (“OPII”), Resource Real Estate Opportunity OP, LP (“OP I”), and Revolution I Merger Sub, LLC, a direct wholly owned subsidiary of Resource REIT (“Merger Sub”), entered into an Agreement and Plan of Merger on September 8, 2020 (the “Merger Agreement”). As a result of the Merger and pursuant to the Merger Agreement, the Company ceased to exist and Merger Sub continued as the surviving corporation. All members of the board of directors of the Company ceased to be directors at the effective time of the Merger by operation of the Merger. The departure of the directors was in connection with the Merger and was not due to any disagreement or dispute with the Company on any matter.