INDEPENDENCE REALTY TRUST, INC.

IRT is a Maryland corporation that operates as a self-administered and self-managed real estate investment trust (REIT). The company acquires, owns, operates, improves, and manages multifamily apartment communities in non-gateway U.S. markets. As of December 31, 2025, IRT owned and operated 114 multifamily apartment properties, including one through a consolidated joint venture, totaling 33,462 units. These properties are located in the Southeastern and Midwestern states of Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. Additionally, as of December 31, 2025, IRT owned one real estate investment under development in Denver, Colorado, which will contain 296 units upon completion. The company also held interests in four unconsolidated joint ventures as of the same date. Two of these joint ventures own and operate multifamily apartment properties with an aggregate of 653 units, while the other two are developing multifamily apartment properties that will contain a total of 642 units upon completion. IRT does not have any foreign operations, and its business is not seasonal. The company's investment strategy focuses on acquiring properties near major employment centers in amenity-rich submarkets of non-gateway cities, increasing cash flows at existing properties through management and renovations, and acquiring additional properties with stable occupancies or repositioning potential.