AIRC shareholders approve charter amendments lowering removal threshold and amendment vote to simple majority

On September 15, 2023, at the annual meeting of stockholders of Apartment Income REIT Corp. (the “Company”), the Company’s stockholders approved certain amendments to the Company’s Articles of Amendment and Restatement (the “Charter”) to (i) lower the threshold for stockholders to remove directors to a simple majority of shares outstanding and eliminate the requirement that such removal be for “cause,” (ii) reduce to a simple majority the shareholder vote required to amend the Company’s Charter and Amended and Restated Bylaws, and (iii) to eliminate language that is by its terms no longer applicable due to the passage of time (as amended and restated, the “Amended and Restated Charter”).