Acadia Realty Trust (AKR) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 8, 2025, to be held virtually, with shareholders voting on trustee elections, auditor ratification, and executive compensation approval.

• Eight trustees are nominated for one-year terms; all are current trustees with diverse expertise in real estate, finance, and governance.

• Deloitte & Touche LLP is proposed for ratification as independent auditor for fiscal 2025.

• Shareholders will vote on a non-binding advisory resolution on executive compensation, with the Board recommending approval.

• The company reported strong 2024 performance, including 5.7% same-property NOI growth, 6.4% FFO per share growth, and a 44% one-year total shareholder return.

Voting matters and shareholder proposals

• Proposals include election of eight trustees, ratification of Deloitte & Touche LLP as auditor, and advisory approval of executive compensation.

• Board recommends voting FOR all proposals.

• Shareholders may submit proposals for the 2026 meeting by November 24, 2025, and may nominate trustees with advance notice per bylaws.

Board of directors and corporate governance

• Seven of eight trustees are independent; all committee members are independent.

• Board committees include Audit, Compensation, Nominating and Corporate Governance, and Investment/Capital Markets.

• Lead Trustee structure in place; annual board and committee evaluations conducted.

• Majority voting standard for trustees, annual elections, and no classified board.

• Shareholders holding 40% of votes may call special meetings.