ExecutiveBrief (July 28, 2014)

I am writing to ask you to assist NAREIT’s Governance Committee with its effort to identify appropriate candidates for NAREIT’s Board of Governors. The NAREIT Board of Governors advises the NAREIT Executive Board, which is NAREIT’s governing body.

Consistent with NAREIT’s Bylaws, we are canvassing the entire membership for recommendations; all members are eligible. Members of the Board of Governors must commit to participate in and provide support to NAREIT through their elected term, including reasonable efforts to attend meetings and to assist NAREIT’s policy, political and investor outreach initiatives.

Through its nominations process, the Governance Committee will develop a slate of candidates to serve as NAREIT officers (Chair, Vice Chairs, and Treasurer), as elected members of the Executive Board, as members of the Board of Governors and as members of the Audit & Investment Committee. In undertaking its responsibilities, the Governance Committee also strives to ensure that the Executive Board and the Board of Governors are representative of geographical dispersion, asset size, property type and structural configuration of NAREIT member companies.

As a matter of practice, the Governance Committee especially seeks candidates not currently serving on the Board. A current list of both the Executive Board and Board of Governors can be found at REIT.com.

The 2014 Governance Committee consists of the following individuals:

Chair
Ronald L. Havner, Jr.(Public Storage, Inc.)

Members
Thomas J. Baltimore, Jr. (RLJ Lodging Trust)
Edward J. Fritsch (Highwoods Properties, Inc.)
Daniel B. Hurwitz (DDR Corp.)
Sandeep Mathrani (General Growth Properties, Inc.)

Please write, fax, call or e-mail me at swechsler@nareit.com, my assistant, Megan Peichel at mpeichel@nareit.com or one of the members of the Governance Committee with your recommendations by Friday, August 22, 2014.

Thanks for your help.

Sincerely,

Steven A. Wechsler
President and CEO