SUN COMMUNITIES INC — fact timeline

SUN COMMUNITIES INC entered into Purchase Agreement with Panther Bidco Limited valued at £768 million (or approximately $1.03 billion) (effective 2026-05-21).

“On May 21, 2026, Sun Communities Operating Limited Partnership (“SCOLP”), on behalf of itself and two of its subsidiaries (collectively, the “Sellers”), entered into an agreement (the “Purchase Agreement”) with Panther Bidco Limited (“Buyer”)”

SUN COMMUNITIES INC announced a impairment with charges of approximately $1.0 billion to approximately $1.1 billion affecting Park Holidays business.

“the Company expects to incur non-cash charges of approximately $1.0 billion to approximately $1.1 billion, as a result of the Transaction consideration being less than the estimate of the current net asset value of the Park Holidays business.”

SUN COMMUNITIES INC shareholders approved Ratification of Selection of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-12 meeting.

“Shareholders ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, as follows: Votes For Votes Against Abstentions 115,040,952 408,227 8,392”

SUN COMMUNITIES INC shareholders approved Non-binding Advisory Vote on Executive Compensation at the 2026-05-12 meeting.

“Shareholders approved the non-binding advisory vote on executive compensation, as follows: Votes For Votes Against Abstentions Broker Non-Votes 105,847,022 7,109,561 16,121 2,484,867”

SUN COMMUNITIES INC shareholders approved Election of nine directors to serve until the 2027 Annual Meeting of Shareholders at the 2026-05-12 meeting.

“Shareholders elected nine directors to serve until the 2027 Annual Meeting of Shareholders and until their successors shall have been duly elected and qualified, or their earlier resignation or removal , as follows: Nominee Votes For Votes Against Abstentions Broker Non-Votes Tonya Allen 102,364,056 10,038,491 570,157 2,484,867 Meghan G. Baivier 110,368,918 2,569,812 33,974 2,484,867 Jeff T. Blau 111,957,751 992,053 22,900 2,484,867 Mark A. Denien 103,430,977 9,391,061 150,666 2,484,867 Jerome W. Ehlinger 111,070,433 1,820,456 81,815 2,484,867 Brian M. Hermelin 109,998,364 2,951,172 23,168 2,484,867 Craig A. Leupold 112,434,399 456,582 81,723 2,484,867 Gary A. Shiffman 108,655,078 4,168,497 149,129 2,484,867 Charles D. Young 112,515,683 435,167 21,854 2,484,867”

SUN COMMUNITIES INC engaged Deloitte & Touche LLP as its auditor.

“On May 12, 2026 (the "Effective Date"), the Company formally engaged Deloitte as its new independent registered public accounting firm.”

SUN COMMUNITIES INC dismissed Grant Thornton LLP as its auditor.

“the Committee dismissed Grant Thornton LLP ("Grant Thornton") as the Company's independent registered public accounting firm, effective upon completion of its engagement services for the review of the Company's consolidated financial statements for the period ended March 31, 2026, which was completed on April 28, 2026.”

SUN COMMUNITIES INC reported financial results for the period ended March 31, 2026.

“On April 27, 2026, Sun Communities, Inc. (the "Company") issued a press release, furnished as Exhibit 99.1 and incorporated herein by reference, announcing its financial results for the period ended March 31, 2026, and certain other information.”

SUN COMMUNITIES INC engaged Deloitte & Touche LLP as its auditor.

“(the “Company”) approved the appointment of Deloitte & Touche LLP (“Deloitte”) as the new independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026.”

SUN COMMUNITIES INC dismissed Grant Thornton LLP as its auditor.

“In connection with the Committee’s determination to appoint Deloitte, on March 23, 2026, the Committee dismissed Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm, effective upon completion of the current engagement's services for the period ended March 31, 2026.”

SUN COMMUNITIES INC incurred credit facility of up to $2.0 billion with J.P. Morgan, as Administrative Agent at the current margins are 0.725% for all loans other than ABR loans and 0.000% for maturing January 31, 2030.

“Pursuant to the New Credit Agreement, SCOLP may borrow up to $2.0 billion under a revolving loan (the “New Credit Facility”). The New Credit Agreement also permits, subject to the satisfaction of certain conditions, additional borrowings (with the consent of the Administrative Agent and the other lenders) in an amount not to exceed $1.0 billion. The New Credit Facility’s maturity date is January 31, 2030, and, at SCOLP’s option, the maturity date may be extended for two additional six-month periods, subject to the satisfaction of certain conditions. The New Credit Facility offers various interest rates for borrowings under U.S. Dollars (alternate base rate (ABR), Term SOFR Rate and Daily Effective SOFR), Euros (the Adjusted EURIBOR Rate and the Daily Simple SONIA Rate), Canadian Dollars (the Term CORRA Rate and the Daily Simple CORRA) and Australian Dollars (the BBSY Rate,) plus a margin that is determined based on the Company’s credit ratings calculated in accordance with the New Cred”

SUN COMMUNITIES INC: Adopted Fifth Amended and Restated Bylaws to modernize and clarify provisions, including new shareholder nomination rules, ratification authority, and exclusive forum provisions (effective 2025-05-13).

“On May 13, 2025, the Board of Directors of Sun Communities, Inc. (the “Company”) approved and adopted the Company’s Fifth Amended and Restated Bylaws (the “Bylaws”), which restate the Company’s Fourth Amended and Restated Bylaws, to modernize and clarify the Company’s Bylaws and align the provisions of the Company’s Bylaws with common practice among publicly-traded Maryland corporations and incorporate new provisions of Maryland law.”

SUN COMMUNITIES INC completed a disposition involving Poseidon Holdco I L.P. (f/k/a BIP Poseidon Holdco L.P.), an affiliate of Blackstone Inc. for approximately $5.25 billion in cash (closed 2025-04-30).

“together with Safe Harbor, the “Acquired Companies”) to Buyer (the “Transaction”). At the initial closing of the Transaction, the Company received consideration of approximately $5.25 billion in cash paid by Buyer, net of transaction and employee separation costs. The Company’s disposition of subsidiaries owning certain properties of Safe Harbor (the "Delayed Consent”

Brian Loftus was appointed as Senior Vice President and Chief Accounting Officer at SUN COMMUNITIES INC.

“On March 17, 2025, the Board of Directors of Sun Communities, Inc. (the “Company”) appointed Brian Loftus as the principal accounting officer of the Company with the title Senior Vice President and Chief Accounting Officer.”

SUN COMMUNITIES INC: Adopted a revised Code of Conduct and Business Ethics that clarifies reporting processes and makes technical amendments (effective 2025-02-13).

“On February 13, 2025, the Company’s Board of Directors adopted a revised Code of Conduct and Business Ethics (the “Revised Ethics Code”), which applies to all directors, officers and employees of the Company and its subsidiaries.”

John B. McLaren was appointed as President at SUN COMMUNITIES INC.

“On November 6, 2024, the Company appointed John B. McLaren as its President.”

Gary A. Shiffman departed as Chief Executive Officer at SUN COMMUNITIES INC.

“Gary A. Shiffman, Chairman of the Board and Chief Executive Officer of Sun Communities, Inc. (the “Company”), informed the Company’s Board of Directors of his intent to retire as Chief Executive Officer”

SUN COMMUNITIES INC shareholders approved Proposal 3 – Ratification of Selection of Independent Registered Public Accounting Firm at the 2024-05-14 meeting.

“Shareholders ratified the selection of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, as follows: Votes For Votes Against Abstentions 109,858,751 4,699,770 153,731”

SUN COMMUNITIES INC shareholders approved Proposal 2 – Non-binding Advisory Vote on Executive Compensation at the 2024-05-14 meeting.

“Shareholders approved the non-binding advisory vote on executive compensation, as follows: Votes For Votes Against Abstentions Broker Non-Votes 102,828,758 8,946,971 59,607 2,876,916”

SUN COMMUNITIES INC shareholders approved Proposal 1 – Election of Directors at the 2024-05-14 meeting.

“Shareholders elected ten directors to serve until the 2025 Annual Meeting of Shareholders and until their successors shall have been duly elected and qualified, or their earlier resignation or removal , as follows: Nominee Votes For Votes Against Abstentions Broker Non-Votes Tonya Allen 110,478,701 1,314,564 42,071 2,876,916 Meghan G. Baivier 97,174,491 14,618,918 41,927 2,876,916 Stephanie W. Bergeron 96,008,678 15,784,446 42,212 2,876,916 Jeff T. Blau 111,671,787 121,932 41,617 2,876,916 Jerome W. Ehlinger 111,288,454 505,420 41,462 2,876,916 Brian M. Hermelin 98,815,839 12,977,676 41,821 2,876,916 Craig A. Leupold 111,280,517 506,041 48,778 2,876,916 Clunet R. Lewis 94,785,143 16,954,124 96,069 2,876,916 Gary A. Shiffman 106,405,095 4,955,088 475,153 2,876,916 Arthur A. Weiss 110,450,205 1,343,353 41,778 2,876,916”

SUN COMMUNITIES INC reported financial results for the period ended March 31, 2024.

“On April 29, 2024, Sun Communities, Inc. (the "Company") issued a press release, furnished as Exhibit 99.1 and incorporated herein by reference, announcing its financial results for the period ended March 31, 2024, and certain other information.”

SUN COMMUNITIES INC reported financial results for the period ended December 31, 2023.

“announcing its financial results for the period ended December 31, 2023, and certain other information”

SUN COMMUNITIES INC reported that prior financial statements should not be relied upon.

“On February 15, 2024, the Audit Committee of the Board of Directors (the “Audit Committee”) of the Company, after discussion with the management of the Company, concluded that the Interim Financial Statements should no longer be relied upon due to errors in such financial statements. Similarly, any previously furnished or filed reports, related earnings releases, investor presentations or similar communications of the Company describing the Interim Financial Statements should no longer be relied upon. The Company determined that each of the Interim Financial Statements contained an error relating to non-cash goodwill impairment and that a restatement of the Interim Financial Statements is required. The non-cash goodwill impairments result in the following negative adjustments to net income / (loss) in the Interim Financial Statements: • For the three months ended March 31, 2023, non-cash”

SUN COMMUNITIES INC entered into Cooperation Agreement with Land & Buildings Investment Management LLC (effective 2024-02-15).

“On February 15, 2024, Sun Communities, Inc. (the “Company”) entered into a cooperation agreement (the “Cooperation Agreement”) with Land & Buildings Investment Management LLC, a Sun Communities stockholder (“Land & Buildings”).”

Craig A. Leupold was appointed as director at SUN COMMUNITIES INC.

“effective immediately appointed Messrs. Jerry Ehlinger and Craig A. Leupold to serve as directors of the Company”

Jerry Ehlinger was appointed as director at SUN COMMUNITIES INC.

“effective immediately appointed Messrs. Jerry Ehlinger and Craig A. Leupold to serve as directors of the Company”

SUN COMMUNITIES INC incurred senior notes of $500 million in aggregate principal amount with underwriters named therein at 5.500% per annum maturing January 15, 2029.

“On January 11, 2024, Sun Communities Operating Limited Partnership (the "Operating Partnership"), a Michigan limited partnership and subsidiary of Sun Communities, Inc., a Maryland corporation (the "Company", and, together with the Operating Partnership, the "Obligors"), completed an underwritten public offering (the "Offering") of $500 million in aggregate principal amount of its 5.500% Notes due 2029 (the "Notes").”

SUN COMMUNITIES INC entered into Underwriting Agreement with Citigroup Global Markets Inc., J.P. Morgan Securities LLC and BofA Securities, Inc., as representatives of the several underwriters valued at $500,000,000 (effective 2024-01-04).

“On January 4, 2024, Sun Communities Operating Limited Partnership (the “Operating Partnership”), and Sun Communities, Inc. (the “Company” and together with the Operating Partnership, the “Obligors”) entered into an underwriting agreement (the “Underwriting Agreement”) with Citigroup Global Markets Inc., J.P. Morgan Securities LLC and BofA Securities, Inc., as representatives of the several underwriters named in Schedule I of the Underwriting Agreement (collectively the “Underwriters”), in connection with the public offering by the Operating Partnership of $500,000,000 in aggregate principal amount of its 5.500% Senior Notes due 2029 (the “Notes”).”

SUN COMMUNITIES INC amended Twelfth Amendment to the Fourth Amended and Restated Agreement of Limited Partnership of SCOLP (effective 2023-12-31).

“Effective December 31, 2023, Sun Communities, Inc. (the “Company”), as general partner of its operating subsidiary Sun Communities Operating Limited Partnership (“SCOLP”), entered into the Twelfth Amendment to the Fourth Amended and Restated Agreement of Limited Partnership of SCOLP (the “Partnership Amendment”).”

SUN COMMUNITIES INC reported financial results for the period ended September 30, 2023.

“On October 25, 2023, Sun Communities, Inc. (the "Company") issued a press release, furnished as Exhibit 99.1 and incorporated herein by reference, announcing its financial results for the period ended September 30, 2023, and certain other information.”

SUN COMMUNITIES INC reported financial results for the period ended June 30, 2023.

“announcing its financial results for the period ended June 30, 2023”

SUN COMMUNITIES INC: Increased authorized common shares from 180M to 360M and total authorized shares from 200M to 380M (effective 2023-05-18).

“Effective May 18, 2023, the Company filed the Articles of Amendment with the State Department of Assessments and Taxation of Maryland.”

SUN COMMUNITIES INC shareholders approved Approval of the Articles of Amendment to the Company’s Charter to increase the number of authorized shares of common stock at the 2023-05-16 meeting.

“(e) Proposal 5 – Approval of the Articles of Amendment to the Company’s Charter to increase the number of authorized shares of common stock Shareholders approved the Articles of Amendment to the Company’s charter to increase the number of authorized shares of common stock from 180,000,000 to 360,000,000, as follows: Votes For Votes Against Abstentions 107,709,429 4,609,755 159,667”

SUN COMMUNITIES INC shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2023-05-16 meeting.

“(d) Proposal 4 – Ratification of Selection of Independent Registered Public Accounting Firm: Shareholders ratified the selection of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, as follows: Votes For Votes Against Abstentions 110,068,892 2,399,701 10,258”

SUN COMMUNITIES INC shareholders approved Non-Binding Advisory Vote on the Frequency of Shareholder Votes on Executive Compensation at the 2023-05-16 meeting.

“(c) Proposal 3 – Non-Binding Advisory Vote on the Frequency of Shareholder Votes on Executive Compensation: In a non-binding advisory vote, shareholders voted for the Company to hold a shareholder vote on executive compensation each year, as follows: Votes for One Year Votes for Two Years Votes for Three Years Abstentions 105,879,611 15,955 2,757,479 42,699”

SUN COMMUNITIES INC shareholders approved Non-binding Advisory Vote on Executive Compensation at the 2023-05-16 meeting.

“(b) Proposal 2 – Non-binding Advisory Vote on Executive Compensation: Shareholders approved the non-binding advisory vote on executive compensation, as follows: Votes For Votes Against Abstentions Broker Non-Votes 91,375,037 17,284,282 36,425 3,783,107”

SUN COMMUNITIES INC shareholders approved Election of Directors at the 2023-05-16 meeting.

“The Company held its Annual Meeting on May 16, 2023. The votes cast with respect to each item of business properly presented at the Annual Meeting are as follows: (a) Proposal 1 – Election of Directors Shareholders elected nine directors to serve until the 2024 Annual Meeting of Shareholders (or until their successors shall have been duly elected and qualified), as follows: Nominee Votes For Votes Against Abstentions Broker Non-Votes Tonya Allen 106,767,724 1,901,910 26,110 3,783,107 Meghan G. Baivier 103,562,683 5,112,397 20,664 3,783,107 Stephanie W. Bergeron 102,545,645 6,124,320 25,779 3,783,107 Jeff T. Blau 108,231,680 441,094 22,970 3,783,107 Brian M. Hermelin 104,521,422 4,150,198 24,124 3,783,107 Ronald A. Klein 105,103,654 3,564,327 27,763 3,783,107 Clunet R. Lewis 98,161,959 10,509,173 24,612 3,783,107 Gary A. Shiffman 99,947,165 8,184,106 564,473 3,783,107 Arthur A. Weiss 106,793,234 1,879,399 23,111 3,783,107”

SUN COMMUNITIES INC reported financial results for the period ended March 31, 2023.

“On April 26, 2023, Sun Communities, Inc. (the "Company") issued a press release, furnished as Exhibit 99.1 and incorporated herein by reference, announcing its financial results for the period ended March 31, 2023, and certain other information.”

SUN COMMUNITIES INC amended Eleventh Amendment to the Fourth Amended and Restated Agreement of Limited Partnership of SCOLP with Sun Communities Operating Limited Partnership (effective 2023-03-23).

“On March 23, 2023, Sun Communities, Inc. (the “Company”), as general partner of its operating subsidiary Sun Communities Operating Limited Partnership (“SCOLP”), entered into the Eleventh Amendment to the Fourth Amended and Restated Agreement of Limited Partnership of SCOLP (the “Partnership Amendment”).”

SUN COMMUNITIES INC reported financial results for the period ended December 31, 2022.

“announcing its financial results for the period ended December 31, 2022”

SUN COMMUNITIES INC: Added Article II, Section 17 to implement a Proxy Access Bylaw allowing eligible stockholders to nominate director candidates (effective 2023-02-15).

“On February 15, 2023, the Board of Directors (the “Board”) of Sun Communities, Inc. (the “Company”) approved and adopted the Company’s Fourth Amended and Restated Bylaws (the “Bylaws”). Article II, Section 17 was added to the Bylaws to implement the Proxy Access Bylaw (as defined below).”

Jeff T. Blau was appointed as director at SUN COMMUNITIES INC.

“On January 25, 2023, the Board of Directors (the “Board”) of Sun Communities, Inc. (the “Company”), increased the size of the Board from eight to nine directors and effective immediately appointed Mr. Jeff T. Blau to serve as a director of the Company until the annual meeting of the Company’s stockholders to be held in 2024.”

SUN COMMUNITIES INC incurred senior notes of $400 million at 5.700% per annum maturing 2033-01-15.

“On January 17, 2023, Sun Communities Operating Limited Partnership (the “Operating Partnership”), a Michigan limited partnership and subsidiary of Sun Communities, Inc., a Maryland corporation (the “Company”, and, together with the Operating Partnership, the “Obligors”), completed an underwritten public offering (the “Offering”) of $400 million in aggregate principal amount of its 5.700% Notes due 2033 (the “Notes”).”

SUN COMMUNITIES INC entered into Underwriting Agreement with Citigroup Global Markets Inc., J.P. Morgan Securities LLC and BofA Securities, Inc., as representatives of the several underwriters valued at $400 million (effective 2023-01-09).

“On January 9, 2023, Sun Communities Operating Limited Partnership (the “Operating Partnership”), and Sun Communities, Inc. (the “Company” and together with the Operating Partnership, the “Obligors”) entered into an underwriting agreement (the “Underwriting Agreement”) with Citigroup Global Markets Inc., J.P. Morgan Securities LLC and BofA Securities, Inc., as representatives of the several underwriters named in Schedule I of the Underwriting Agreement (collectively the “Underwriters”), in connection with the public offering by the Operating Partnership of $400 million in aggregate principal amount of its 5.700% Senior Notes due 2033 (the “Notes”).”

Gary A. Shiffman was appointed as President at SUN COMMUNITIES INC.

“Also on September 7, 2022, the Company appointed Gary A. Shiffman as its President, effective as of December 31, 2022.”

Bruce D. Thelen was appointed as Chief Operating Officer and Executive Vice President at SUN COMMUNITIES INC.

“Also on September 7, 2022, the Company appointed Bruce D. Thelen as its Chief Operating Officer and Executive Vice President, effective as of December 31, 2022.”

John B. McLaren resigned as President and Chief Operating Officer at SUN COMMUNITIES INC.

“On September 7, 2022, John B. McLaren tendered his resignation from his positions as President and Chief Operating Officer of Sun Communities, Inc. (the “Company”), effective as of December 31, 2022.”

Fernando Castro-Caratini was appointed as Executive Vice President, Chief Financial Officer, Secretary and Treasurer at SUN COMMUNITIES INC.

“Also on April 8, 2022, the Company appointed Fernando Castro-Caratini as its Executive Vice President, Chief Financial Officer, Secretary and Treasurer, effective as of May 2, 2022.”

Karen J. Dearing changed role as Executive Vice President - Special Projects at SUN COMMUNITIES INC.

“on April 8, 2022, Karen J. Dearing announced her retirement from her positions as Chief Financial Officer, Secretary and Treasurer of the Company, effective as of May 2, 2022.”