Item 8.01 Other Events.

On April 27, 2023, the Board of Trustees of Seritage Growth Properties (the "Company") declared a cash dividend of $0.4375 per share of the Company's 7.00% Series A Cumulative Redeemable Preferred Shares. The preferred dividend will be paid on July 14, 2023 to holders of record on June 30, 2023.

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