Company: IIPR
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001104659-25-041241
Chunk: 47

Company: INNOVATIVE INDUSTRIAL PROPERTIES INC
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 47
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 Report The compensation committee of the Board of Directors of the Company has reviewed and discussed the Compensation Discussion and Analysis with management, and based on the review and discussions, the compensation committee recommended to the Board of Directors that the Compensation Discussion and Analysis be included in this proxy statement for the 2025 Annual Meeting of stockholders and in the Company’s 2024 annual report on Form 10-K. Submitted on April 22, 2025 by the members of the compensation committee of the Company’s Board of Directors. Gary Kreitzer, Chair
Scott Shoemaker
David Stecher The above report of the compensation committee will not be deemed to be incorporated by reference into any filing by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except to the extent that the Company specifically incorporates the same by reference. 31

TABLE OF CONTENTS

COMPENSATION TABLES Summary Compensation Table for 2024 The table below sets forth the compensation paid to or earned by, for the fiscal years indicated, our executive chairman, our principal executive officer, our principal financial officer and our other executive officer who served in that role during fiscal year 2024. The four executive officers included in the table are referred to in this proxy statement as our named executive officers. We had no other executive officers during 2024.

| ​ | Name and PrincipalPosition                                 | ​ |    ​ | Year |   |      |   | ​ |         ​ | Salary |   |           |   | ​ |         ​ | Bonus |   |   |   | ​ |          ​ | StockAwards |   |              |   | ​ | ​ | Non-EquityIncentive PlanCompensation(5) |   |           |   | ​ |          ​ | All OtherCompensation(1) |   |        |   | ​ |          ​ | Total |   |           |   | ​ |
|:--|:-----------------------------------------------------------|:--|-----:|:-----|:--|-----:|:--|:--|----------:|:-------|:--|----------:|:--|:--|----------:|:------|:--|:--|:--|:--|-----------:|:------------|:--|:-------------|:--|:--|:--|:----------------------------------------|:--|----------:|:--|:--|-----------:|:-------------------------|:--|-------