Company: IIPR
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001104659-25-041241
Chunk: 4

Company: INNOVATIVE INDUSTRIAL PROPERTIES INC
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 4
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 the proxy solicitation materials, are available at http://materials.proxyvote.com/45781V. PROXY VOTING We first mailed the Notice of Availability of Proxy Materials to Stockholders on April 29, 2025. If you received a Notice of Internet Availability of Proxy Materials by mail, you will not receive a printed copy of the proxy materials in the mail. Instead, the Notice of Internet Availability of Proxy Materials instructs you on how to access and review this proxy statement and our 2024 annual report and how to authorize your proxy online or by telephone. If you received a Notice of Internet Availability of Proxy Materials by mail and would like to receive a printed copy of our proxy materials, you should follow the instructions for requesting such materials included in the Notice of Internet Availability of Proxy Materials. We are also sending a paper copy of the proxy materials to any stockholder who has elected to receive its proxy materials by mail. Your proxy is important. Whether or not you plan to attend the Annual Meeting, please authorize your proxy by Internet or telephone, or, if you received a paper copy of the materials by mail, please mark, sign, date and return your proxy card, so that your shares will be represented at the Annual Meeting. If you plan to attend the Annual Meeting and wish to vote your shares personally, you may withdraw your proxy and vote in person at any time before the proxy is voted. By Order of the Board of Directors, Alan Gold
Executive Chairman of the Board
April 29, 2025

TABLE OF CONTENTS

INNOVATIVE INDUSTRIAL PROPERTIES, INC. Proxy Statement Table of Contents

| ​ | QUESTIONS AND ANSWERS REGARDING THE 2025 ANNUAL MEETING OF STOCKHOLDERS                 | ​ | ​ | ​ | ​ |  2 | ​ | ​ |
| ​ | PROPOSAL 1 ELECTION OF DIRECTORS                                                        | ​ | ​ | ​ | ​ |  4 | ​ | ​ |
| ​ | Recommendation of the Board                                                             | ​ | ​ | ​ | ​ |  4 | ​ | ​ |
| ​ | Information Regarding Nominees                                                          | ​ | ​ | ​ | ​ |  4 | ​ | ​ |
| ​ | Additional Information Regarding the Board and Corporate Governance                     | ​ | ​ | ​ | ​ |  8 | ​ | ​ |
| ​ | PROPOSAL 2 RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM