Veris Residential (VRE) Proxy Filing summary

Executive summary

• Entered into a definitive merger agreement to be acquired by an investor group led by Affinius Capital, following a strategic review of alternatives after inbound interest in the portfolio.

• The transaction is expected to close in the second quarter of 2026, subject to regulatory and shareholder approvals.

• Operations will continue as usual during the approval process, with no immediate changes to partner or vendor relationships.

• The investor group brings expertise in the Jersey City market and property management, aiming to deliver immediate value to residents.

Voting matters and shareholder proposals

• Shareholders will be asked to approve the proposed merger at a special meeting, with details to be provided in the forthcoming proxy statement.

• Stockholders are advised to review the proxy statement and related SEC filings before making voting decisions.

Board of directors and corporate governance

• Directors, executive officers, and certain employees may be deemed participants in the proxy solicitation for the merger.

• Information on directors, executive officers, and their interests is available in the 2025 definitive proxy and recent SEC filings.