ILPT amends Monmouth merger agreement; restructures Merger Sub ownership

Industrial Logistics Properties Trust

Amendment executed Feb 7, 2022, among ILPT, Monmouth, and Merger Sub.
ILPT transferred all Merger Sub interests to a direct subsidiary, making Merger Sub indirect.
No change to deal consideration, closing conditions, or timeline disclosed.
Updated representations on Merger Sub capitalization and ownership structure.
All other terms of the original Nov 5, 2021 agreement remain unchanged.

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