INDUS Realty Trust, Inc. completed the transactions contemplated by the Agreement and Plan of Merger dated as of February 22, 2023, by and among the Company, IR Parent, LLC, a Delaware limited liability company, and IR Merger Sub II, Inc., a Maryland corporation and a wholly-owned subsidiary of Parent. In connection with the consummation of the Merger, except for Michael Gamzon, who remains as a director of the Surviving Entity, all of the members of the board of directors of the Company immediately prior to the Merger Effective Time ceased to be directors of the Company at the Merger Effective Time and William Rahm, David Sukenik and Sam Fancher became directors of the Company.