Franklin BSP Realty Trust (FBRT) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 28, 2025, at 11:00 a.m. Eastern Time, to be held virtually.

• Shareholders are encouraged to review proxy materials and vote by May 27, 2025.

Voting matters and shareholder proposals

• Election of seven directors: Pat Augustine, Richard J. Byrne, Joe Dumars, Jamie Handwerker, Peter J. McDonough, Buford H. Ortale, and Elizabeth K. Tuppeny.

• Proposal to amend the charter to eliminate supermajority voting requirements.

• Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2025.

• Advisory vote on the compensation of named executive officers (say-on-pay).

Board of directors and corporate governance

• Board recommends voting in favor of all director nominees and all proposals.