Company: INVH
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179878
Chunk: 87

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 87
---
 whether the ownership interest is held during the last half of a taxable year) or otherwise failing to qualify
as a REIT or would (or, in the sole judgment of our board of directors, could) not result in our failing to qualify as a “domestically controlled qualified investment entity” within the meaning of Section 897(h) of the Code. As a
condition of granting a waiver of the ownership limit or creating an excepted holder limit, our board of directors may, but is not required to, require an opinion of counsel or ruling of the Internal Revenue Service (the “IRS”)
satisfactory to our board of directors as it may deem necessary or advisable to determine or ensure our status as a REIT and may impose such other conditions or restrictions as it deems appropriate.

In connection with granting a waiver of the ownership limit or creating or modifying an excepted holder limit, or at any other time, our board
of directors may increase or decrease the ownership limit unless, after giving effect to any increased or decreased ownership limit, five or fewer persons could beneficially own, in the

8

aggregate, more than 49.9% in value of the shares of our stock then outstanding or we would otherwise fail to qualify as a REIT. A decreased ownership limit will not be effective to any person whose percentage of ownership of our stock is in excess of the decreased ownership limit until the person’s ownership of our stock equals or falls below the decreased ownership limit, but any further acquisition of our stock will be subject to the decreased ownership limit. Our charter also prohibits:

| • |     | any person from beneficially or constructively owning shares of our stock that would (or, in the sole judgment of                                                                                                                     
 our board of directors, could) result in our being “closely held” under Section 856(h) of the Code (without regard to whether the ownership interest is held during the last half of a taxable year) or otherwise cause us to fail to 
 qualify as a REIT;                                                                                                                                                                                                                    |

| • |     | any person from transferring shares of our stock if the transfer would (or, in the sole judgment of our board of 
 directors, could) result in shares of our stock being beneficially owned by fewer than 100 persons; and          |

| • |     | any person from beneficially owning shares of our stock to the extent such ownership would (or, in the sole                                                                              
 judgment of our board of directors, could) result in our failing to qualify