Alexandria Real Estate approves $500M stock buyback; CDO Ciruzzi to retire Dec 31

On and effective as of December 6, 2024, the Board amended and restated the Bylaws of the Company, as previously amended and restated as of September 21, 2023 (the “A&R Bylaws”) to, among other things, update Article XV ( Amendment of Bylaws ) to permit the stockholders of the Company to adopt, alter, amend or repeal any provision of the Company’s bylaws by the affirmative vote of a majority of all the votes entitled to be cast on the matter. The A&R Bylaws also updated Article XIV ( Exclusive Forum for Certain Litigation ) to provide, among other things, that unless the Company consents in writing, the federal district courts of the United States of America are, to the fullest extent permitted by law, to be the sole and exclusive forum for the resolution of any complaint asserting a cause of action arising under the Securities Act of 1933, as amended.