LXP Industrial Trust ($LXP)

Hello, and welcome to the Annual Meeting of Shareholders of LXP Industrial Trust. Please note that today's meeting is being recorded. [Operator Instructions] It is now my pleasure to turn today's meeting over to Will Eglin, Chairman of LXP Industrial Trust. Mr. Eglin, the floor is yours.

Good afternoon, ladies and gentlemen. The meeting will please come to order. I'm Will Eglin, the Chairman, Chief Executive Officer and President of LXP Industrial Trust, and it is my pleasure to welcome all of you to the 2026 Annual Meeting of Shareholders. I will serve as the Chairman of today's meeting. Just after 2:00 p.m. and in accordance with the notice of the meeting, I call this meeting to order. Before proceeding to the business of the meeting, I would like to note that we will conduct the business portion of the meeting first, and then after we adjourn the meeting, we will answer any questions related to our business. Only validated shareholders or proxy holders may ask questions. On the screen are the agenda and the rules of conduct and procedures for today's meeting. To conduct an orderly meeting, we ask that participants abide by these rules. Here with me today are Joe Bonventre, who will act as Secretary of the meeting; and Heather Gentry, who will act as Inspector of elections. Our independent trustee nominees on the line with us are Lawrence Gray, Arun Gupta, Jamie Handwerker, Derrick Johnson, Claire Koeneman, Elizabeth Noe and Howard Roth. Also joining on the line is a representative of Deloitte & Touche LLP, our independent registered public accounting firm. The representative will be available during the discussion session after the meeting to respond to any appropriate questions. I have been provided an affidavit by Computershare certifying as to the proper mailing of the notice of the annual meeting commencing April 6, 2026, which will be filed with the records of the meeting. I have been advised by the inspector of election that shareholders entitled to cast a majority of all of the votes entitled to be cast at this meeting are present in person or by proxy at this meeting. Based on the inspector's report, I declare that a quorum is present and that the meeting is duly constituted for the transaction of business. The matter scheduled for formal action at this meeting are: first, the election of 8 trustees to serve until the 2027 Annual Meeting or until their earlier resignation or removal and until their respective successors, if any, are elected and qualified. Second, the vote upon an advisory nonbinding resolution to approve the compensation of the named executive officers as disclosed in the Trust's 2026 proxy statement. Third, to vote upon the ratification of the appointment of Deloitte & Touche LLP as the Trust's independent registered public accounting firm for the fiscal year ending December 31, 2026, and if necessary, transact such other business as may properly come before this meeting or any adjournment or postponement of this meeting. Polls are now open for voting. So anyone attend this meeting who has not yet voted or wishes to change his or her vote, please do so at this time by clicking on the Cast Your Vote link on the left side of your screen and following the instructions there. We will now pause for a minute to respond to any questions on the proposals and to allow any shareholders that want to vote or change their votes to do so. [Voting]

There have been no questions submitted pertaining to the proposals. Polls for voting on the matters before this meeting are hereby closed. This time, based on the voting results provided to made by the Inspector of Election, I am pleased to announce the preliminary voting results for the 3 proposals. More than a majority of the votes cast have been voted for the election of each trustee and for each other proposal. I hereby declare that each nominee has been duly elected and qualified. The report of the Inspector of Elections, which will contain the final vote totals on the proposals will be filed with the minutes of this meeting. We will be reporting the final results on a Form 8-K by the applicable deadline. There being no other business to be brought before this meeting, this concludes the formal portion of business on today's agenda. The meeting is now adjourned. We have now come to that part of the agenda providing for general questions and discussions. To ask a question, click on the message icon to submit your question or comment. There being no questions, I want to thank everyone for attending this meeting.

This concludes the meeting. You may now disconnect.