X0508 4 2025-11-17 0 0001689796 JBG SMITH Properties JBGS 0001708865 Stewart Robert Alexander C/O JBG SMITH PROPERTIES 4747 BETHESDA AVENUE, SUITE 200 BETHESDA MD 20814 1 0 0 0 0 Common Shares 2025-11-17 4 C 0 200000 A 200000 I Nomad Capital, LLC Common Shares 30000 I The Robert Alexander Stewart Revocable Trust Common Shares 20548 D OP Units 2025-11-17 4 C 0 200000 D Common Shares 200000 556631 I Nomad Capital, LLC OP Units Common Shares 75000 75000 I Stewart Holdings II LLC OP Units Common Shares 14118 14118 D Each Operating Partnership Unit ("OP Unit") in JBG SMITH Properties LP, the operating partnership of JBG SMITH Properties (the "Issuer"), is redeemable, once vested, by the holder for one common share of the Issuer, par value $0.01 (a "Common Share"), or the cash value of a Common Share, at the Issuer's option. This transaction represents solely a redemption of OP Units for Common Shares. No sale or monetization of securities has occurred. Upon the conversion of the OP Units, each of Mr. Stewart's corresponding Class B Shares were automatically redeemed and cancelled by the Issuer for no consideration. Class B Shares of the Issuer have no economic rights and are not listed on a stock exchange. Mr. Stewart is the sole trustee and beneficiary of the Robert Alexander Stewart Revocable Trust. /s/ Steven A. Museles, attorney-in-fact 2025-11-17