LXP Industrial Trust — fact timeline

LXP Industrial Trust shareholders approved To ratify the appointment of Deloitte & Touche LLP as the Trust's independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-19 meeting.

“Proposal No. 3. To ratify the appointment of Deloitte & Touche LLP as the Trust's independent registered public accounting firm for the fiscal year ending December 31, 2026. The voting results with respect to Proposal No. 3 were as follows: FOR AGAINST ABSTAIN 54,345,410 782,565 38,082”

LXP Industrial Trust shareholders approved To vote upon an advisory, non-binding resolution to approve the compensation of the named executive officers of the Trust, as disclosed in the related proxy statement at the 2026-05-19 meeting.

“Proposal No. 2. To vote upon an advisory, non-binding resolution to approve the compensation of the named executive officers of the Trust, as disclosed in the related proxy statement. The voting results with respect to Proposal No. 2 were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 49,800,315 2,702,313 57,436 2,605,993”

LXP Industrial Trust shareholders approved Election of eight trustees to serve until the Trust's 2027 Annual Meeting of Shareholders or their earlier removal or resignation and until their respective successors, if any, are elected and qualify at the 2026-05-19 meeting.

“The eight trustees elected, and the voting results with respect to each of them, were as follows: Nominee for Trustee FOR AGAINST ABSTAIN BROKER NON-VOTES T. Wilson Eglin 50,920,116 1,604,073 35,875 2,605,993 Lawrence L. Gray 51,577,136 952,803 30,125 2,605,993 Arun Gupta 51,560,695 970,212 29,157 2,605,993 Jamie Handwerker 52,305,471 224,852 29,741 2,605,993 Derrick Johnson 51,882,079 258,805 419,180 2,605,993 Claire A. Koeneman 51,605,245 534,718 420,101 2,605,993 Nancy Elizabeth Noe 51,335,021 1,195,153 29,890 2,605,993 Howard Roth 52,307,315 221,671 31,078 2,605,993”

LXP Industrial Trust reported quarter ended March 31, 2026 results: revenue $85.9 million, net income $(1.9) million, EPS $(0.03) per diluted share.

“FINANCIAL RESULTS Revenues For the quarter ended March 31, 2026, total gross revenues were $85.9 million, compared with total gross revenues of $88.9 million for the quarter ended March 31, 2025. The decrease is primarily attributable to property dispositions. Net Income Attributable to Common Shareholders For the quarter ended March 31, 2026, net loss attributable to common shareholders was $(1.9) million, or $(0.03) per diluted share, compared with net income attributable to common shareholders for the quarter ended March 31, 2025 of $17.3 million, or $0.30 per diluted share.”

LXP Industrial Trust amended Third Amended and Restated Credit Agreement with KeyBank National Association valued at $600.0 million senior unsecured revolving credit facility, or the Revolver, and (2) unsecured term l (effective 2026-01-13).

“On January 13, 2026, LXP Industrial Trust, or the Trust, amended and restated its existing credit agreement, which we refer to as the Third Amended and Restated Credit Agreement, among the Trust, as borrower, each of the financial institutions initially a signatory thereto together with their assignees pursuant to Section 12.5 therein, and KeyBank National Association, or KeyBank, as agent.”

LXP Industrial Trust amended credit facility of $600.0 million senior unsecured revolving credit facility and $250.0 million unsecured term loan with KeyBank National Association at base rate plus a margin of 0.00% to 0.40% or daily SOFR or term SOFR plus 0.725% maturing January 31, 2030 for the Revolver and January 31, 2029 for the Term Loan.

“existing credit agreement, which we refer to as the Third Amended and Restated Credit Agreement, among the Trust, as borrower, each of the financial institutions initially a signatory thereto together with their assignees pursuant to Section 12.5 therein, and KeyBank National Association, or KeyBank, as agent. The Third Amended and Restated Credit Agreement amends and restates the Second Amended and Restated Credit Agreement, dated as of July 5, 2022, as the same was amended from time to time, which we refer to as the Existing Credit Agreement, among the Trust, as borrower, KeyBank, as agent, and each of the financial institutions initially a signatory thereto together with their assignees pursuant to Section 12.5 therein.”

LXP Industrial Trust: Amended declaration of trust to effect a 1-for-5 reverse stock split of common shares (effective 2025-11-10).

“Effective as of 5:00 p.m. ET on November 10, 2025 (the "Effective Time"), the Trust amended its Amended and Restated Declaration of Trust pursuant to an Articles of Amendment to the Trust’s Amended and Restated Declaration of Trust (the “Articles of Amendment”) filed with the State Department of Assessments and Taxation of Maryland.”

Beth Boulerice changed role as Executive Vice President at LXP Industrial Trust.

“As previously announced, Mr. Brunner replaces Beth Boulerice, who will remain in an advisory role as an Executive Vice President of the Trust.”

Nathan Brunner was appointed as Executive Vice President, Chief Financial Officer and Treasurer at LXP Industrial Trust.

“Effective March 1, 2025, Nathan Brunner, age 42, was appointed by the Board of Trustees of LXP Industrial Trust (the “Trust”) as the Trust’s Executive Vice President, Chief Financial Officer and Treasurer.”

Nathan Brunner was appointed as Chief Financial Officer and Treasurer at LXP Industrial Trust.

“Mr. Brunner will be appointed to succeed Ms. Boulerice as Chief Financial Officer and Treasurer effective March 1, 2025.”

Nathan Brunner was appointed as Executive Vice President of Capital Markets at LXP Industrial Trust.

“Nathan Brunner was appointed Executive Vice President of Capital Markets effective upon the start of his employment with the Trust on September 1, 2024.”

Beth Boulerice changed role as Chief Financial Officer and Treasurer at LXP Industrial Trust.

“Beth Boulerice will step down from her roles as Chief Financial Officer and Treasurer effective March 1, 2025.”

LXP Industrial Trust amended Amendment No. 2 with Jefferies LLC, KeyBanc Capital Markets Inc., Regions Securities LLC, BofA Securities, Inc., Mizuho Securities USA LLC and Evercore Group L.L.C. (effective 2024-02-16).

“On February 16, 2024, the Trust entered into Amendment No. 2 (the " Amendment No. 2 ") to the Equity Sales Agreement dated as of November 27, 2019, (the " Equity Sales Agreement "), as amended by Amendment No. 1 to the Equity Sales Agreement, dated as of February 19, 2021 (the " Amendment No. 1 " and together with the Equity Sales Agreement and Amendment No. 2, the " Amended Equity Sales Agreement "), with Jefferies LLC, KeyBanc Capital Markets Inc., Regions Securities LLC, BofA Securities, Inc., Mizuho Securities USA LLC and Evercore Group L.L.C., acting in their capacity as sales agents or Forward Sellers”

LXP Industrial Trust reported fourth quarter and year ended December 31, 2023 results: net income $13.0 million, or $0.04 per diluted common share.

“LXP Industrial Trust, or the Trust, issued a press release announcing its financial results for the quarter ended December 31, 2023.”

LXP Industrial Trust incurred senior notes of $300 million aggregate principal amount with U.S. Bank Trust Company, National Association at 6.750% per annum maturing November 15, 2028.

“in connection with the issuance by the Trust of $300 million aggregate principal amount of its 6.750% Senior Notes due 2028”

LXP Industrial Trust entered into Fourth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $300 million aggregate principal amount of 6.750% Senior Notes due 2028 (effective 2023-11-13).

“On November 13, 2023, LXP Industrial Trust (the “Trust”) entered into a fourth supplemental indenture (the “Fourth Supplemental Indenture”) with U.S. Bank Trust Company, National Association, as trustee (the “Trustee”) which supplements the base indenture, dated as of May 9, 2014 by and among the Trust, certain subsidiaries of the Trust and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee (the “Base Indenture,” and together with the Fourth Supplemental Indenture, the “Indenture”), in connection with the issuance by the Trust of $300 million aggregate principal amount of its 6.750% Senior Notes due 2028 (the “Notes”).”

LXP Industrial Trust amended First Amendment to the Second Amended and Restated Credit Agreement (effective 2023-11-03).

“On November 3, 2023, LXP Industrial Trust (the “Trust”) entered into the First Amendment to the Second Amended and Restated Credit Agreement (the “Amendment”), which amended the Second Amended and Restated Credit Agreement dated as of July 5, 2022 (as amended, the “Credit Agreement”).”

LXP Industrial Trust amended credit facility maturing January 31, 2027.

“On November 3, 2023, LXP Industrial Trust (the “Trust”) entered into the First Amendment to the Second Amended and Restated Credit Agreement (the “Amendment”), which amended the Second Amended and Restated Credit Agreement dated as of July 5, 2022 (as amended, the “Credit Agreement”).”

LXP Industrial Trust amended First Amendment to the Second Amended and Restated Credit Agreement (effective 2023-11-03).

“LXP Industrial Trust (the “Trust”) entered into the First Amendment to the Second Amended and Restated Credit Agreement (the “Amendment”), which amended the Second Amended and Restated Credit Agreement dated as of July 5, 2022 (as amended, the “Credit Agreement”).”

LXP Industrial Trust entered into Underwriting Agreement with Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC and each of the other underwriters named in Schedule I thereto valued at $300 million aggregate principal amount (effective 2023-11-02).

“On November 2, 2023, LXP Industrial Trust (the “Trust”) entered into an underwriting agreement (the “Underwriting Agreement”), pursuant to which the Trust agreed to sell to Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC and each of the other underwriters named in Schedule I thereto (collectively, the “Underwriters”) $300 million aggregate principal amount of its 6.750% Senior Notes due 2028”

LXP Industrial Trust reported the quarter ended June 30, 2023 results: revenue total gross revenues were $87.1 million, net income net loss attributable to common shareholders was $(9.7) million, EPS $(0.03) per diluted share.

“results in both our development and wholly-owned industrial portfolios.” Page 2 of 12 FINANCIAL RESULTS Revenues For the quarter ended June 30, 2023, total gross revenues were $87.1 million, compared with total gross revenues of $79.8 million for the quarter ended June 30, 2022. The increase is primarily attributable to revenue from acquisitions and stabilized”

LXP Industrial Trust shareholders approved To ratify the appointment of Deloitte & Touche LLP as the Trust's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-23 meeting.

“Proposal No. 4. To ratify the appointment of Deloitte & Touche LLP as the Trust's independent registered public accounting firm for the fiscal year ending December 31, 2023. The number of votes cast with respect to Proposal No. 5 were as follows: FOR AGAINST ABSTAIN 267,520,370 1,519,500 169,621”

LXP Industrial Trust shareholders approved To vote upon an advisory, non-binding resolution to approve the compensation of the named executive officers of the Trust, as disclosed in the related proxy statement. at the 2023-05-23 meeting.

“Proposal No. 2. To vote upon an advisory, non-binding resolution to approve the compensation of the named executive officers of the Trust, as disclosed in the related proxy statement. The number of votes cast with respect to Proposal No. 2 were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 249,086,653 7,976,709 241,553 11,904,577”

LXP Industrial Trust shareholders approved Election of eight trustees to serve until the Trust's 2024 Annual Meeting of Shareholders or their earlier removal or resignation and until their respective successors, if any, are elected and qualify. at the 2023-05-23 meeting.

“Proposal No. 1. Election of eight trustees to serve until the Trust's 2024 Annual Meeting of Shareholders or their earlier removal or resignation and until their respective successors, if any, are elected and qualify.”

LXP Industrial Trust: Removed requirements for shareholder proponents to disclose plans to nominate directors at other public companies and removed requirement to provide information about passive investors in a shareholder proponent's entity (effective 2023-05-19).

“Effective May 19, 2023, the Board of Trustees of LXP Industrial Trust, or the Trust, enhanced its governance procedures by adopting the Third Amended and Restated By-Laws of the Trust, which are referred to herein as the "Amended By-Laws".”

LXP Industrial Trust reported the quarter ended March 31, 2023 results: revenue $85.1 million, net income $9.5 million, EPS $0.03 per diluted share.

“4.3 million square foot development pipeline to a range of 6.0% to 6.5%.” Page 2 of 12 FINANCIAL RESULTS Revenues For the quarter ended March 31, 2023, total gross revenues were $85.1 million, compared with total gross revenues of $80.3 million for the quarter ended March 31, 2022. The increase is primarily attributable to revenue from acquisitions and”

LXP Industrial Trust reported the year ended December 31, 2022 results: net income Net Income attributable to common shareholders of $107.3 million, or $0.38 per diluted common share.

“Full Year 2022 Highlights • Recorded Net Income attributable to common shareholders of $107.3 million, or $0.38 per diluted common share.”

LXP Industrial Trust reported the quarter ended December 31, 2022 results: revenue $81.1 million, net income $36.9 million, or $0.13 per diluted share.

“are seeing for our high-quality assets and our progress optimizing our portfolio.” FINANCIAL RESULTS Revenues For the quarter ended December 31, 2022, total gross revenues were $81.1 million, compared with total gross revenues of $86.5 million for the quarter ended December 31, 2021. The decrease is primarily attributable to property sales, including the”

LXP Industrial Trust reported the quarter ended September 30, 2022 results: revenue total gross revenues were $80.1 million, net income net income attributable to common shareholders was $21.8 million, EPS $0.08 per diluted share.

“in desirable growth markets and the resilience of our business.” Page 2 of 13 FINANCIAL RESULTS Revenues For the quarter ended September 30, 2022, total gross revenues were $80.1 million, compared with total gross revenues of $83.4 million for the quarter ended September 30, 2021. The decrease is primarily attributable to property sales, including”

Derrick L. Johnson was appointed as member of the Board of Trustees at LXP Industrial Trust.

“Effective July 21, 2022, the Board of Trustees of LXP Industrial Trust, or the Trust, (1) increased the size of the Board of Trustees from eight trustees to nine trustees and (2) appointed Derrick L. Johnson as a member of the Board of Trustees.”

Lara Johnson resigned as Executive Vice President at LXP Industrial Trust.

“On May 3, 2022, Lara Johnson, Executive Vice President of the Trust, resigned effective May 31, 2022.”

Arun Gupta was appointed as Member of the Board of Trustees at LXP Industrial Trust.

“Effective March 28, 2022, our Board of Trustees (1) increased the size of the Board of Trustees from seven trustees to eight trustees and (2) appointed Arun Gupta as a member of the Board of Trustees.”