Peakstone Realty Trust (PKST) Proxy Filing summary

Executive summary

• Brookfield Asset Management has agreed to acquire all outstanding shares for $21.00 per share in cash, recognizing the value of the industrial portfolio and IOS platform expansion.

• The transaction includes a 30-day "go-shop" period for Peakstone to solicit alternative proposals.

• The transaction is expected to close by the end of Q2 2026, subject to customary closing conditions.

• Until closing, operations, plans, and priorities remain unchanged, and the company continues to operate independently.

• Forward-looking statements highlight potential risks, including shareholder approval, legal proceedings, and market conditions.

Voting matters and shareholder proposals

• Shareholders will vote on the proposed acquisition at a special meeting, with proxy materials to be mailed after SEC filing.

• A proxy statement on Schedule 14A will be filed with the SEC, and shareholders are urged to review it for important information.

Board of directors and corporate governance

• The board evaluated Brookfield's offer and determined it was in the best interests of shareholders.

• No changes to the leadership team or board have been decided at this stage; current management remains in charge during the process.