Centerspace (CSR) Proxy filing summary

Executive summary

• The annual meeting will be held virtually on May 13, 2026, with shareholders voting on trustee elections, executive compensation, and auditor ratification.

• Shareholders of record as of March 20, 2026, are entitled to vote, with each share carrying one vote.

• The Board recommends voting in favor of all proposals, including the election of six trustees, say-on-pay, and auditor ratification.

Voting matters and shareholder proposals

• Proposals include electing six trustees for one-year terms, an advisory vote on executive compensation, and ratification of Grant Thornton LLP as independent auditor for 2026.

• No shareholder proposals or trustee nominations were received for this meeting.

• Shareholders can submit proposals for the 2027 meeting by December 4, 2026, following SEC and bylaw requirements.

Board of directors and corporate governance

• The Board will reduce to six members following a trustee retirement; five are independent, and one is the CEO.

• Board diversity: 50% female, 50% male; 67% Black or African American, 33% White; 17% LGBTQ+.

• Board committees (Audit, Compensation, Nominating and Governance) are composed solely of independent trustees.

• Annual self-evaluations, majority voting with resignation policy, and separation of Chair and CEO roles are in place.

• Trustees are subject to term limits and equity ownership requirements.