Orion Properties Announces Kawa Nomination Notice Invalid; No Stockholder Action Required

Orion Properties announced that a director nomination notice from The Kawa Fund Limited is invalid due to non-compliance with the company's bylaws. The nomination notice lacked proof of Kawa's eligibility as a record holder of Orion's common stock and did not comply with other requirements. Orion's Board of Directors will enforce the procedures to ensure an orderly and informed vote. Stockholders do not need to take any action at this time.