Veris Residential (VRE) Proxy Filing summary

Executive summary

• Announced agreement to sell the company to a group of investors, with portfolio expected to be managed by a third party, RHO Residential.

• Transaction is expected to close in the coming months, with operations continuing as usual until then.

• Leadership emphasized the company's transformation, operational improvements, and strong culture over the past five years.

• Communication stresses transparency, employee support, and pride in achievements during the transition.

• A Transaction Resource Center has been established for employees to access guidance and FAQs.

Voting matters and shareholder proposals

• Completion of the proposed transaction is subject to stockholder approval and satisfaction of other conditions.

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

Risk oversight and compliance

• Forward-looking statements highlight risks including transaction completion, costs, unknown liabilities, and potential impacts on business operations and personnel.

• Additional risks include legal proceedings, share price volatility, and external events such as regulatory changes or catastrophic events.

• Readers are cautioned not to place undue reliance on forward-looking statements, which are subject to change.