Company: INRE
Filing Date: 2025-12-09
Form Type: DEFA14A
Source: 0001193125-25-312915
Chunk: 1

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-12-09
Form: DEFA14A
Chunk 1
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 believes that the decrease in the value of the real estate assets was largely attributable to an increase in the discount rates and terminal capitalization rates primarily because of higher market interest rates, greater capital expenditure assumptions and market uncertainty, including the effects of tariffs.

The Board has decided to reinstate the Company’s distribution reinvestment plan (the “DRP”), effective as of February 1, 2026. The purchase price for shares issued under the DRP will be $16.89 per share, subject to change by the Board.

The Board has also decided to reinstate the Company’s share repurchase program (the “SRP”), effective as of February 1, 2026. The purchase price under the SRP for ordinary repurchases and repurchases for death or qualifying disability will be $13.51 (80% of $16.89), subject to change by the Board.

As you may recall, the Company did not provide dealers with an estimate of its per share net asset value (NAV) earlier this year while it was reviewing strategic alternatives.

• Following engagement with a financial advisor retained by the Board and discussions with potential buyers, the Board has decided not to pursue the sale of the Company at this time. • The Board has asked the Company’s business manager to evaluate the business plan and related strategy and to consider and present alternatives and enhancements to this plan and strategy for Board review. • The Company’s goal is to increase assets and cash flow on an accretive basis as well as enhance capital and provide liquidity to stockholders over time. Helpful Links • 11/17/25 Strategic Review Update Letter • Form 8-K • FAQs

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| View SEC Filings1 This valuation represents the estimated per share NAV as a snapshot in time, which will fluctuate over time. The estimated per share NAV does not represent the amount a stockholder would receive now or in the future for his or her shares of the Company’s common stock if the Company were to be sold or the shares of common stock were to be listed on a national securities exchange. The estimated per share NAV is based on a number of assumptions, estimates and data that are inherently imprecise and susceptible to uncertainty and changes in circumstances, including changes to the value of individual assets as well as changes and developments in the real estate and capital markets, changes in interest rates, and changes in the composition of the Company’s portfolio. Throughout the valuation process,