Alpine Income Property Trust (PINE) Proxy filing summary

Executive summary

• The annual meeting is scheduled for May 21, 2026, to be held virtually, with shareholders of record as of March 19, 2026, eligible to vote.

• Key agenda items include electing five directors, an advisory vote on executive compensation, and ratifying the external auditor.

• Shareholders can vote online, by phone, mail, or during the live meeting, with detailed instructions provided.

• The company is externally managed, with executive officers employed by the external manager, CTO.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of five directors for one-year terms; (2) a non-binding advisory vote on executive compensation for 2025; (3) ratification of Grant Thornton LLP as independent auditor for 2026.

• The board recommends voting FOR all director nominees, FOR the say-on-pay proposal, and FOR auditor ratification.

• Plurality voting applies for directors; majority of votes cast is required for the other proposals.

• No other shareholder proposals are on the agenda.

Board of directors and corporate governance

• All directors are elected annually; four of five directors are independent.

• The board chair is an independent director, and the board values diversity in skills, experience, and background.

• Three standing committees: Audit, Compensation, and Governance, all composed of independent directors.

• Directors are subject to stock ownership guidelines and an anti-hedging/anti-pledging policy.

• The company has no poison pill and allows shareholders to amend bylaws by majority vote.