Veris Residential to be acquired by GIC and Affinius for $19.00/share in all-cash deal

On February 22, 2026, in connection with the execution of the Merger Agreement, the Board adopted the First Amendment to the Fourth Amended and Restated Bylaws of the Company (the “ Bylaw Amendment ”). The Bylaw Amendment adds an exclusive forum provision providing that, unless a majority of the Board, acting on behalf of the Company, consents in writing to an alternative forum, the Circuit Court for Baltimore City, Maryland, Business and Technology Case Management Program (or, if the Circuit Court for Baltimore City, Maryland, Business and Technology Care Management Program, declines to accept or does not have jurisdiction, another state court within the State of Maryland (in the Business and Technology Case Management Program to the extent available in such other state court within the State of Maryland) or, if no state court located within the State of Maryland accepts or has jurisdiction, the U.S. District Court for the District of Maryland, Northern Division), to the fullest exten

On February 23, 2026, Veris Residential, Inc., a Maryland corporation (the “ Company ” or “ Veris ”), and the general partner of Veris Residential, L.P., a Delaware limited partnership and the operating partnership of the Company (the “ Company Partnership ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”), by and among the Company, AC Residential Acquisition LP, a Delaware limited partnership (“ Parent ”), AC Residential REIT LLC, a Delaware limited liability company (“ Merger Sub I ”), AC Residential OP LP, a Delaware limited partnership (“ Merger Sub II ”, together with Merger Sub I, the “ Merger Subs ”), and the Company Partnership