Company: INRE
Filing Date: 2025-09-24
Form Type: DEF 14A
Source: 0001193125-25-214755
Chunk: 36

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-09-24
Form: DEF 14A
Chunk 36
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 During the year ended December 31, 2024, the audit committee met four times. At these meetings, the members of the audit committee met with representatives of the Company’s management and with the Company's independent registered public accounting firm, KPMG. The committee discussed numerous items at these meetings including KPMG's responsibilities to the Company and its audit plan for the year ended December 31, 2024. The audit committee also has reviewed and discussed the Company's audited consolidated financial statements as of and for the year ended December 31, 2024 with the Company's management. Management advised the committee that the financial statements reviewed were prepared in accordance with GAAP and reviewed significant accounting and disclosure issues with the committee. The audit committee also discussed with KPMG the matters required to be discussed by the applicable requirements of the Public Company Accounting Oversight Board (“PCAOB”) and the SEC. The audit committee obtained a formal written statement from KPMG, describing all relationships between KPMG and the Company that might bear on KPMG’s independence. In addition, the audit committee discussed any relationships that may have an impact on KPMG’s objectivity and independence and reviewed audit and non-audit fees paid to KPMG and the written disclosures and letter from KPMG to the committee, as required by the PCAOB Ethics and Independence Rule 3526, Communication with Audit Committees Concerning Independence . The audit committee has concluded that KPMG is independent from the Company. Based on the review and discussions with management and KPMG described above, the audit committee recommended to the board of directors that the audited consolidated financial statements be included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, be filed with the SEC.

| The Audit Committee                              |
| Gwen Henry, Chair                                
 Lee A. DanielsStephen L. DavisBernard J. Michael |

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Our board of directors is comprised of six members, four of whom are independent directors. At the Annual Meeting, two Class I directors will be elected to serve until our 2028 annual meeting and until their successors are duly elected and qualify. Each director serves until the annual meeting of stockholders held in the third year following the year of their election and until their successors are duly elected and qualify. The number of directors in each class may be changed from time to time by the Board to reflect matters such as an increase or decrease in the number of directors so that