Company: INRE
Filing Date: 2025-09-24
Form Type: DEF 14A
Source: 0001193125-25-214755
Chunk: 40

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-09-24
Form: DEF 14A
Chunk 40
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 narrative discussion, is hereby approved on a non-binding, advisory basis.”

Vote Required.If a quorum is present, the outcome of this vote will be determined by the affirmative vote of a majority of all the votes cast on the proposal at the Annual Meeting.

RECOMMENDATION OF THE BOARD:The Board recommends that you vote “FOR” the adoption of this non-binding advisory resolution.

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The Board requests your non-binding advisory vote on the frequency of the non-advisory vote on the compensation of our named executive officers as reflected in Proposal No. 3. We are asking our stockholders by means of this non-binding advisory vote, whether we should ask stockholders to vote, on a non-advisory basis, on executive compensation every year, every two years or every three years. This vote is advisory and will not be binding on the Board or the Company. Further, this vote will not impact on the amounts paid to the Business manager, Real Estate manager or any of their affiliates. The Board of Directors and the compensation committee will review and consider the voting results when determining the frequency of future advisory votes on the compensation paid to our named executive officers.

The Board believes that an advisory vote taken every year on executive compensation is appropriate. Except for the amounts paid to Mr. Zalatoris which reduce the payments due under the BMA, we do no compensate our named executive officers or reimburse the Business Manager or its affiliates for the amount they pay to our named executive officers for services rendered to us.

Stockholders are being asked to vote on the following resolution:

“RESOLVED, that the Company’s stockholders advise the Company to include a non-binding, advisory vote on the compensation of the Company’s named executive officers pursuant to Section 14A of the Exchange Act every:

• one year;

• two years; or

• three years.”

In voting on this resolution, you should mark your proxy for one year, two years or three years based on your preference as to the frequency with which an advisory vote on executive compensation should be held. If you have no preference, you should abstain. If no voting specification is made on a properly returned or voted proxy card, the proxies named on the proxy card will vote FOR a frequency of “one year” for future advisory votes regarding executive compensation.

Vote Required.If a quorum is present, the outcome of this vote will be determined by the affirmative vote of a majority of all the votes cast on the proposal at the Annual Meeting, although we will take