Apartment Investment and Management Company (AIV) Proxy filing summary

Executive summary

• The annual meeting is scheduled for June 10, 2026, at the company's Denver headquarters, with stockholders voting on director elections, auditor ratification, executive compensation, and other business.

• Proxy materials are distributed electronically and by mail, with voting available online, by phone, or by mail; 143,856,183 shares are eligible to vote as of April 22, 2026.

• Forward-looking statements address plans for asset sales, debt reduction, and liquidating distributions, with caution regarding risks and uncertainties.

Voting matters and shareholder proposals

• Stockholders will vote to elect nine directors for one-year terms, ratify Grant Thornton LLP as auditor for 2026, and approve executive compensation on an advisory basis.

• Proxy access allows groups of up to 20 stockholders owning at least 3% of shares for three years to nominate up to 20% of the board.

• Shareholder proposals for the 2027 meeting must be received by December 25, 2026, to be included in proxy materials.

Board of directors and corporate governance

• The board consists of nine directors, eight of whom are independent, with diverse backgrounds and expertise in real estate, finance, and governance.

• Board refreshment is emphasized, with all directors joining within the past five and a half years.

• Four standing committees—Audit, Compensation and Human Resources, Nominating, Environmental, Social, and Governance, and Investment—are composed solely of independent directors.

• The board separates the roles of Chairman and CEO and holds regular executive sessions of independent directors.

• Corporate governance guidelines, code of ethics, and insider trading policies are in place and regularly reviewed.