Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Alexandria Real Estate Equities, Inc., a Maryland corporation (“Alexandria” or the "Company"), held its 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”) on May 14, 2024. At the 2024 Annual Meeting, Alexandria’s stockholders approved the amendment and restatement of the Alexandria Real Estate Equities, Inc. Amended and Restated 1997 Stock Award and Incentive Plan (as amended and restated, the “Amended 1997 Incentive Plan”). Alexandria’s Board of Directors approved the Amended 1997 Incentive Plan on March 26, 2024, subject to, and effective upon, approval by Alexandria’s stockholders at the 2024 Annual Meeting. The primary purposes of the amendment and restatement are to: (i) increase the aggregate number of shares of Alexandria’s common stock available for grant by 2,000,000 shares as of March 26, 2024; and (ii) extend the termination date to 10 years from the date of stockholder approval of the Amended 1997 Incentive Plan. A more detailed summary of the changes adopted in the Amended 1997 Incentive Plan is set forth in Alexandria’s definitive proxy statement for the 2024 Annual Meeting, filed with the Securities and Exchange Commission on April 3, 2024 (the “2024 Proxy Statement”). The foregoing summary and the summary contained in the 2024 Proxy Statement do not purport to be complete and are qualified in their entirety by reference to the full text of the Amended 1997 Incentive Plan, which is filed as