Agree Realty (ADC) AGM 2025 summary

Opening remarks and agenda

• Meeting conducted in a virtual-only format to enhance stockholder access and participation.

• Introduction of board members and independent registered public accounting firm.

• Record date for voting was March 7, 2025, with 107,352,634 shares outstanding.

Board and executive committee updates

• Three directors nominated for re-election to serve until the 2028 annual meeting.

Shareholder proposals

• Ratification of Grant Thornton, LLP, as independent registered public accounting firm for 2025.

• Advisory vote on executive compensation as disclosed in the proxy statement.

• Proposal to amend the charter to increase authorized common stock from 180 million to 360 million shares.