BRT Apartments (BRT) Proxy Filing summary

Executive summary

• Annual meeting scheduled for June 4, 2025, to elect four Class II directors and ratify Ernst & Young LLP as independent auditor for 2025.

• Board recommends voting for all director nominees and auditor ratification.

• Shareholders of record as of March 18, 2025, are eligible to vote; quorum requires majority presence.

• Proxy voting available by mail, phone, internet, or in person; proxies can be revoked before the meeting.

Voting matters and shareholder proposals

• Four Class II directors nominated for election to serve until 2028.

• Proposal to ratify Ernst & Young LLP as independent registered public accounting firm for 2025.

• Shareholder proposals for the 2026 meeting must be submitted between November 17 and December 17, 2025.

Board of directors and corporate governance

• Board held four meetings in 2024; all directors attended at least 75% of meetings.

• Board leadership includes a Chairman, CEO, and an Independent Lead Director.

• Three standing committees: audit, compensation, and nominating, all comprised of independent directors.

• Board diversity enhanced with the appointment of a female director in 2022.

• Stock ownership guidelines require significant equity holdings by executives and directors.