On April 8, 2024, Irish Residential Properties REIT plc announced that it has entered into a Co-Operation Agreement with Vision Capital Corporation. The Company stated that under the terms of the agreement, the I-RES Board will recommend that shareholders approve the appointment to the Board of 2 Vision nominees, Richard Nesbitt and Amy Freedman, at the Company?s forthcoming annual general meeting. The Company also stated that the resolutions put forward by Vision on 20 March 2024 for inclusion in the Company?s Notice of AGM have been withdrawn.

The Company?s 2024 AGM, which was originally scheduled for 2 May 2024, will now be held on 10 May 2024. Further, the Company also stated that under the Company?s constitution the maximum permitted number of Directors on the Board is 9. To facilitate the appointment of the 2 Vision nominees, the Company?s executive director Brian Fagan will not seek re-election to the Board at the 2024 AGM, thus ensuring the Board continues to meet its independence requirements in line with best practice corporate governance.