LTC Properties (LTC) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting will be held virtually on May 28, 2025, with a record date of March 31, 2025.

• Key proposals include electing six directors, an advisory vote on executive compensation, ratifying Ernst & Young LLP as auditor, and amending the Charter to increase authorized common stock.

• The company reported strong liquidity, significant portfolio transactions, and a successful leadership transition in 2024.

• The business focuses on a diversified REIT portfolio serving the aging U.S. population, with investments split between seniors housing and skilled nursing.

Voting matters and shareholder proposals

• Shareholders will vote on electing six directors, approving executive compensation, ratifying the auditor, and increasing authorized shares from 60M to 110M.

• The Board recommends voting FOR all proposals.

• Shareholder proposals for the 2026 meeting must be submitted by December 16, 2025.

Board of directors and corporate governance

• The Board is composed of six members, five of whom are independent; average tenure is 13 years, with 33% female and 17% non-white representation.

• All directors stand for annual election; majority voting applies in uncontested elections.

• Board committees include Audit, Compensation, ESG, Investment, and Nominating & Corporate Governance, all comprised of independent directors.

• The Board conducts annual self-assessments and succession planning.