Blackstone Real Estate Income Trust (BREIT) Proxy filing summary

Executive summary

• The 2025 Annual Meeting will be held virtually on June 26, 2025, with stockholders voting on the election of nine directors and the ratification of Deloitte & Touche LLP as the independent auditor for 2025.

• For each stockholder that votes, a charitable donation will be made to the Navy SEAL Foundation.

• The Board and management unanimously recommend voting for all director nominees and for the auditor ratification.

Voting matters and shareholder proposals

• Stockholders will vote on the election of nine director nominees and the ratification of Deloitte & Touche LLP as independent auditor.

• Stockholders may submit proposals for the 2026 Annual Meeting by December 1, 2025, and director nominations must comply with advance notice bylaws.

• Voting can be done online, by phone, or by mail, and stockholders can revoke proxies before the meeting.

Board of directors and corporate governance

• The Board consists of nine members, with a majority being independent as defined by SEC and NYSE standards.

• Four standing committees: Audit, Compensation, Nominating & Corporate Governance, and Affiliate Transaction, all composed solely of independent directors.

• Board diversity is considered, with 33% of directors identified as diverse.

• The roles of CEO and Chairman are separated; the Board regularly reviews its leadership structure.

• Directors are expected to attend at least 75% of meetings; eight attended the 2024 annual meeting.