8-KItem 5.02 · Officer/Director Change

Jan 9, 2026: $ARE amended Joel S.

Filed with the SEC on · Summarized by InvestorsBot

Jan 9, 2026: $ARE amended Joel S. Marcus’s exec agreement so his 2025 LTI Grant (granted Jan 9, 2026) is 100% performance‑based. Target stays $3.6M; max rises to $5.4M (150% of target). No time‑based vesting; applies only to 2025. 💰📈 #executivecompensation #REIT

Jan 9, 2026: $ARE’s Board elected John Hart Cole as Co‑President & Co‑Regional Market Director – Seattle, effective Jan 1, 2026. Promoted from EVP; only a base salary increase is contemplated, no other employment changes. 🧑‍💼📍 #leadership #Seattle

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