Company: IIPR
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001104659-25-041241
Chunk: 3

Company: INNOVATIVE INDUSTRIAL PROPERTIES INC
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 3
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 to a formal clawback policy.                                                                                                                        | ​ | ​ | ✓ | ​ | ​ | All directors attended 100% of Board and Board committee meetings in 2024, including six Board meetings.                              | ​ |
| ​ | ✓                               | ​ | ​ | No stockholder rights plan is in effect.                                                                                                                                                              | ​ | ​ | ✓ | ​ | ​ | No tax gross-up provisions.                                                                                                           | ​ |
| ​ | ✓                               | ​ | ​ | Our Audit Committee assists the Board in its oversight of cybersecurity, as well as enterprise-level risks that may affect our financial statements, operations, business continuity, and reputation. | ​ | ​ | ✓ | ​ | ​ | Independent vice chairman of the Board.                                                                                               | ​ |

While the regulated cannabis industry has experienced headwinds in recent years, our committed and experienced team of professionals continued to execute in 2024 and I am proud of the strong, long-term performance we have delivered to our stockholders. We thank you as always for your tremendous support, and we are steadfast in our commitment to be responsible stewards of your investment and remain focused on continuing to create long-term value for our stockholders. Alan Gold Executive Chairman of the Board April 29, 2025

TABLE OF CONTENTS NOTICE OF ANNUAL MEETING OF STOCKHOLDERS DATE & TIME 8:00 a.m., Pacific Time, on June 11, 2025 PLACE Innovative Industrial Properties, Inc. 11440 West Bernardo Court, Suite 100 San Diego, CA 92127 ITEMS OF BUSINESS 1. To elect five directors, each to serve until the 2026 annual meeting of stockholders and until his successor is duly elected and qualified. 2. To ratify the appointment of BDO USA, P.C. as our independent registered public accounting firm for the year ending December 31, 2025. 3. To conduct an advisory vote on the compensation of our named executive officers as disclosed in this proxy statement. In addition, stockholders will consider and vote on such other business as may properly come before the annual meeting, including any adjournments or postponements of the meeting. RECORD DATE You are entitled to vote at the Annual Meeting if you were a stockholder of record as of the close of business on April 14, 2025. PROXY MATERIALS This notice of meeting, the proxy statement, the proxy card, and our 2024 annual report to stockholders, which is not part of