Vivmark Residential (VMRK) Proxy filing summary

Executive summary

• Annual Meeting scheduled for June 26, 2025, will be held virtually, with shareholders voting on trustee elections, auditor ratification, and executive compensation.

• 2024 highlights include $1.6B in property acquisitions, $975.6M in property sales, 3.1% growth in Same Store Net Operating Income, and a 1.9% dividend increase.

• Recognized for sustainability leadership, including inclusion in Dow Jones Sustainability Indices and awards from Nareit and Newsweek.

Voting matters and shareholder proposals

• Shareholders will vote to elect ten trustees, ratify Ernst & Young LLP as independent auditor for 2025, and approve executive compensation on an advisory basis.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• 8 of 10 trustee nominees are independent; 50% are women, 20% are racially/ethnically diverse.

• Board committees (Audit, Compensation, Governance, Executive) are fully independent and meet NYSE standards.

• Board conducts annual evaluations, ongoing refreshment, and succession planning; average tenure of independent trustees is 8.5 years.

• Shareholder rights include proxy access and the right to amend bylaws.