Whitestone REIT shareholders approve $1.7B all-cash acquisition by Ares at $19.00/share

Whitestone REIT

• Shareholders approved the merger with Ares; 37,039,161 votes for, 116,016 against.
• All-cash deal valued at approximately $1.7 billion; $19.00 per common share or unit.
• Acquisition expected to close on or about July 14, 2026, subject to remaining conditions.
• Non-binding advisory vote on executive compensation was not approved (14.5M for, 22.6M against).
• Merger agreement originally announced on April 8, 2026.