Medical Properties Trust (MPT) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 29, 2025, to elect nine directors, ratify the auditor, and hold a say-on-pay vote.

• 2024 saw significant strategic shifts, including asset sales, debt reduction, and re-tenanting of hospital properties.

• Compensation programs were redesigned to align pay with stock price performance and shareholder value.

• Enhanced ESG initiatives, including green lease expansion and sustainable headquarters development.

Voting matters and shareholder proposals

• Proposals include election of nine directors, ratification of PricewaterhouseCoopers LLP as auditor, and advisory approval of executive compensation.

• Board recommends voting FOR all proposals.

• Shareholder proposals for the 2026 meeting must be submitted by December 18, 2025.

Board of directors and corporate governance

• Board consists of nine nominees, majority independent, with diverse skills in healthcare, real estate, finance, and ESG.

• Annual election of directors; majority voting standard and director resignation policy in place.

• Lead Independent Director structure and robust committee system, including Audit, Compensation, Risk, and ESG committees.

• Proxy access bylaw allows significant shareholders to nominate directors.