ARE opts out of two-thirds director-removal vote, shifts to majority vote

ALEXANDRIA REAL ESTATE EQUITIES, INC.

Filed Articles Supplementary on March 31, 2026 to opt out of MGCL Section 3-804(a).
Director removal now requires affirmative vote of majority of votes entitled to be cast.
Change effective March 31, 2026, approved by Board after 2025 stockholder vote on Simple Majority proposal.
No other amendments to charter or bylaws were made.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

ALEXANDRIA REAL ESTATE EQUITIES, INC.: Elected to opt out of MGCL Section 3-804(a) two-thirds vote requirement for director removal, now governed by charter providing for majority vote removal (effective 2026-03-31).

Change: charter amendment
Effective: 2026-03-31

Exact text from the filing

The Articles Supplementary reflect the Company’s election to opt out (the “opt out”) of Section 3-804(a) of the Maryland General Corporation Law (“MGCL”), the statutory provision that requires the affirmative vote of at least two-thirds of all of the votes entitled to be cast by stockholders generally in the election of directors to remove directors.

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ALEXANDRIA REAL ESTATE EQUITIES, INC. filing history →

Source: SEC EDGAR

accession 0001104659-26-037703

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