DAVID P. O’CONNOR, age 58, has served on our Board since August 2011. Mr. O’Connor is a private investor and serves as Managing Partner of High Rise Capital Partners, LLC and non-executive Co-Chairman of HighBrook Investment Management, LP, a real estate private equity firm. He was the cofounder and Senior Managing Partner of High Rise Capital Management, L.P., a real estate securities hedge fund manager which managed several funds from 2001 to 2011. From 1994 to 2000, he was Principal, Co-Portfolio Manager and Investment Committee Member of European Investors, Inc., a large dedicated REIT investor. Mr. O’Connor serves as director of Prologis, Inc., a global leader in industrial real estate and previously served as director of Paramount Group, Inc., an owner-operator and manager of high-quality office properties. He has not held any other public company directorships during the past five years. He serves on the Board of Trustees of Boston College, the investment committees of endowments for Boston College and Columbia University (Teacher’s College), serves on the executive committee of the Zell/Lurie Real Estate Center at the University of Pennsylvania’s Wharton School, and is a National Trustee of PGA REACH, the charitable foundation of the PGA of America. He is a frequent speaker at REIT investment forums and conferences and has served as an Adjunct Instructor of Real Estate at New York University. Mr. O’Connor is a graduate of the Carroll School of Management at Boston College and has an M.S. degree in Real Estate from New York University. Mr. O’Connor is an experienced and successful real estate securities investor as well as hedge fund manager. He has extensive knowledge and experience in real estate securities and capital markets.

PETER D. LINNEMAN, age 71, has served on our Board since March 2017. He served as director on the Board of Equity One, Inc. from 2000 until its merger with us. From 1979 to 2011, Dr. Linneman was a Professor of Real Estate, Finance and Public Policy at the University of Pennsylvania, Wharton School of Business and is currently an Emeritus Albert Sussman Professor of Real Estate there. Dr. Linneman is currently a Principal of Linneman Associates, a real estate advisory firm, and a Principal of American Land Funds, a private equity firm. Dr. Linneman is currently serving as a director of AG Mortgage Investment Trust, Inc., Paramount Group, Inc. and Equity Commonwealth. He previously served as director of Atrium European Real Estate Ltd., Bedford Property Investors, Inc. and JER Investors Trust, Inc. and was Chairman of Rockefeller Center Properties. Dr. Linneman holds both a masters and a doctorate degree in economics from the University of Chicago. Dr. Linneman has significant experience in financial and business advisory services, investment activity and as member of numerous public and private boards, including many real estate companies.

C. RONALD BLANKENSHIP, age 73, has served on our Board since 2001 and has been our Lead Director since 2019. He also currently serves as a director of Civeo Corporation, a provider of work-force accommodations. Mr. Blankenship has not held any other public company directorships during the past five years. Mr. Blankenship served as the President and Chief Executive Officer of Verde Realty from January 2009 and as its Chairman and Chief Executive Officer from January 2012 to December 2012 when Verde Realty merged with Brookfield Asset Management. Upon completion of the merger, Mr. Blankenship continued as the Chief Executive Officer of Verde Realty until August 2013. Prior to 2009, he served as Co-Chairman of Verde Group beginning in 2003. From 1998 until 2003, he was Vice Chairman of Security Capital Group Incorporated, which was sold to GE Capital Corporation in 2002. He was Chief Operating Officer of Security Capital from 1998 to 2002 and Managing Director from 1991 until 1998. Prior to 1997, he was the Chief Executive Officer of Archstone Communities Trust. Mr. Blankenship was formerly a trustee of Prologis Trust and was formerly a director of Archstone Communities Trust, BelmontCorp, InterPark Holdings Incorporated, Storage USA, Inc., CarrAmerica Realty Corporation and Macquarie Capital Partners, LLC. Mr. Blankenship serves as a director of Pacolet-Miliken Enterprises, Inc., a private investment company, Berkshire Residential Investments, a private real estate investment management company, and Merit Hill Holdings, LP, a privately held owner and operator of self-storage facilities. While he was with Security Capital Group, Security Capital Group had controlling interests in 18 public and private real estate operating companies, eight of which were listed on the NYSE. Prior to joining Security Capital, Mr. Blankenship was a regional partner at Trammell Crow Residential and was on the management board for Trammell Crow Residential Services. Before Trammell Crow, Mr. Blankenship was the Chief Financial Officer and President of office development for Mischer Corporation, a Houston-based real estate development company. Mr. Blankenship is a certified public accountant and a graduate of the University of Texas. Mr. Blankenship has extensive experience in the REIT industry including cross-border experience. He is an expert in real estate development, acquisitions, financing and operations. He also has extensive experience in public company governance, capital allocation, human capital management and executive compensation.

BRYCE BLAIR, age 64, has served on our Board since October 2014. Mr. Blair currently serves as Chairman of PulteGroup, Inc., one of the largest home builders in the U.S., and is a member of the Advisory Board of Navitas Capital, a venture capital firm focused on technology for the real estate sector. He serves as the Principal of Harborview Associates, LLC, a company which holds and manages investments in various real estate properties. Mr. Blair served as Chairman, from 2017 to 2021, and director, from 2013 to 2021, of Invitation Homes, Inc. He previously served as Chairman, from 2002 to 2013, and Chief Executive Officer, from 2001 to 2012, of AvalonBay Communities, Inc., a real estate investment trust focused on the development, acquisition and management of multi-family apartments. He is the past Chairman of Nareit where he also served on the Executive Committee and Board of Governors. He serves on the advisory board of the Boston College Real Estate Center and Urban Action and the advisory board of Home Start, a non-profit focused on ending homelessness in the greater Boston area. He previously served on the advisory board of the MIT Center for Real Estate. He received an M.B.A. from Harvard Business School and an undergraduate degree in civil engineering from the University of New Hampshire. Mr. Blair has substantial experience in real estate development and investment, including more than ten years as Chairman and Chief Executive Officer of a public real estate investment trust. In such capacity, Mr. Blair was responsible for day-to-day operations and was regularly involved in the preparation and review of complex financial reporting statements. He is a past member of ULI where he served as a Trustee and was past Chairman of the Multi-Family Council. Mr. Blair is a past member of the Young Presidents Organization and a former member of the World Presidents Organization.

MARTIN E. STEIN, JR., age 70, has been our Executive Chairman of the Board since January 1, 2020, having served as a director of the Board since 1993 and its chairman since 1998. Mr. Stein served as Chief Executive Officer from our initial public offering in 1993 until his retirement on December 31, 2019. He was our President and Chief Executive Officer from 1993 until 1998 and President of our predecessor’s real estate division beginning in 1981 and Vice President from 1976 to 1981. He is a director, member of the Compensation Committee and chair of the Corporate Governance Committee of FRP Holdings, Inc., a publicly held real estate company. He served as director of Stein Mart, Inc. from 2001 until June 2014. Mr. Stein is a graduate of Washington and Lee University and has an M.B.A. from Dartmouth College’s Tuck School of Business. Mr. Stein has led our Company since prior to it being a public company. In addition to his leadership skills, he has extensive experience in the real estate industry. He is a past chair of the National Association of Real Estate Investment Trusts (“Nareit”) and a member of the Urban Land Institute (“ULI”), the International Council of Shopping Centers (“ICSC”) and the Real Estate Roundtable. Mr. Stein is a former trustee of Washington and Lee University and ULI.