Sila Realty Trust (SILA) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting will be held virtually on May 21, 2025, with shareholders voting on key proposals including director elections, executive compensation, auditor ratification, and an amendment to the Restricted Share Plan.

• 2024 saw strong operational results, including a 10.76% total shareholder return since NYSE listing, $126.0 million in Core FFO, and $147.5 million in same store cash NOI.

• The company maintained a strong balance sheet with a 26.5% net debt leverage ratio, over $500 million in liquidity, and no debt maturing until March 2027.

• Eight healthcare properties were acquired for $164.1 million, and over 1 million square feet of lease renewals and extensions were executed.

Voting matters and shareholder proposals

• Shareholders will vote on electing six directors, a non-binding advisory vote on executive compensation, ratification of KPMG as auditor, and an amendment to increase shares under the Restricted Share Plan by 1,000,000.

• The Board recommends voting FOR all proposals.

• Shareholders of record as of March 20, 2025, are eligible to vote, with each share entitled to one vote per proposal.

Board of directors and corporate governance

• The Board consists of six nominees, all current members, with a majority qualifying as independent under NYSE rules.

• Committees include Audit, Compensation, and Nominating and Corporate Governance, all composed of independent directors.

• The Board held six meetings in 2024, with 100% attendance by directors.

• The Board separates the roles of Chair and CEO and has adopted Corporate Governance Guidelines and a Code of Business Conduct and Ethics.