Series of Preferred Stocks

LANDP

6.375% Series A Cumulative Term Preferred Stock
(Liquidation Preference $25.00 per share)
Nasdaq: LANDP

For a description of all terms of the Series A Preferred Stock, please review our Articles Supplementary 6.375% Series A Cumulative Term Preferred Stock attached as Exhibit 3.1 of Form 8-K, filed with the SEC on August 11, 2016.

6.00% Series B Stock

6.00% Series B Cumulative Redeemable Preferred Stock (Liquidation Preference $25.00 per share)

The Series B Preferred Stock is not listed on any securities exchange. For a description of all of the terms of the Series B Preferred Stock, please review the prospectus supplement for the offering and our Articles Supplementary for the 6.00% Series B Cumulative Redeemable Preferred Stock attached as Exhibit 3.1 to the Form 8-K, filed with the SEC on May 31, 2018.

Gladstone Land Corporation has filed a registration statement (including a prospectus) and a prospectus supplement with the SEC for the offering of the 6.00% Series B Cumulative Redeemable Preferred Stock. Before you invest, you should read the prospectus in the registration statement, the prospectus supplement, and other documents that the Company has filed with the SEC for more complete information about the Company and the offering of the 6.00% Series B Cumulative Redeemable Preferred Stock. You may access these documents for free by visiting EDGAR on the SEC’s website at www.SEC.gov. Alternatively, the Dealer Manager for the offering of the 6.00% Series B Cumulative Redeemable Preferred Stock, Gladstone Securities, LLC, will arrange to mail you the prospectus and prospectus supplement if you request one by calling toll-free at (833) 849-5993.

6.00% Series C Stock

6.00% Series C Cumulative Redeemable Preferred Stock (Liquidation Preference $25.00 per share)

The Series C Preferred Stock is not listed on any securities exchange.

For a description of all of the terms of the Series C Preferred Stock, please review the prospectus supplement for the offering and our Articles Supplementary for 6.00% Series C Cumulative Redeemable Preferred Stock attached as Exhibit 3.1 to the Form 8-K, filed with the SEC on February 20, 2020.

Gladstone Land Corporation has filed a registration statement (including a prospectus) and a prospectus supplement with the SEC for the offering of the 6.00% Series C Cumulative Redeemable Preferred Stock. Before you invest, you should read the prospectus in the registration statement, the prospectus supplement, and other documents that the Company has filed with the SEC for more complete information about the Company and the offering of the 6.00% Series C Cumulative Redeemable Preferred Stock. You may access these documents for free by visiting EDGAR on the SEC’s website at www.SEC.gov. Alternatively, the Dealer Manager for the offering of the 6.00% Series C Cumulative Redeemable Preferred Stock, Gladstone Securities, LLC, will arrange to mail you the prospectus and prospectus supplement if you request one by calling toll-free at (833) 849-5993.