• Masterworks 236 plans to reorganize around May 31, 2026, rolling the entity into a Delaware series LLC structure.
• Shareholders will exchange holdings for shares in a newly formed series with the same assets, obligations, governance, capitalization, and ownership.
• No material change expected to investor rights or investment terms or value.
• Investors are not expected to bear transaction costs.
• No tax impact anticipated for investors, with no material effect expected on secondary trading.

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. Masterworks 236 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: 0001493152-26-026173), on May 29, 2026, and is solely responsible for the information contained therein.