Apartment Investment and Management Company (AIV) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for June 10, 2025, to elect nine directors, ratify the selection of Grant Thornton LLP as auditor, hold an advisory vote on executive compensation, and address other business.

• Stockholders of record as of April 22, 2025, are eligible to vote; proxy materials are available online and by mail.

• The company emphasizes value creation through focused real estate investment, capital allocation, and a simplified business model.

• Since December 2020, total stockholder return reached 72%, outperforming key indices and peers.

Voting matters and shareholder proposals

• Proposals include electing nine directors for one-year terms, ratifying Grant Thornton LLP as auditor, and an advisory vote on executive compensation.

• Stockholders may submit proposals for the 2026 meeting by December 30, 2025, and can nominate directors via proxy access if they meet bylaw requirements.

Board of directors and corporate governance

• Board consists of nine directors, eight of whom are independent; all directors stand for annual election.

• Board refreshment and diversity are emphasized, with an average director tenure of four years.

• Committees include Audit, Compensation and Human Resources, Nominating, Environmental, Social, and Governance, and Investment, all composed solely of independent directors.

• Proxy access allows stockholders (or groups up to 20) holding 3%+ of shares for 3+ years to nominate up to 20% of the board.

• Corporate governance practices include majority voting, separation of Chairman and CEO, and annual risk assessment.