On February 26, 2021, Edward A. Glickman, James L. Lozier, Jr., and Kenneth Shea each notified Equity Commonwealth that they would not stand for re-election as trustees. The terms of Messrs. Glickman, Lozier and Shea will end at the conclusion of the annual meeting of shareholders in June 2021. The decisions of each of Messrs. Glickman, Lozier and Shea were not the result of any disagreement with EQC management or the Board. EQC currently anticipates reducing the size of its Board of Trustees (the “ Board”) to eight trustees effective upon the conclusion of the Annual Meeting. On February 26, 2021, Adam S. Markman, the Executive Vice President, Chief Financial Officer and Treasurer (“ CFO”) of EQC notified EQC that he will leave his position as CFO and principal financial officer of EQC, effective as of March 31, 2021. On March 1, 2021, EQC and its subsidiary, Equity Commonwealth Management LLC and Mr. Markman entered into a Separation Agreement and Release in connection with Mr. Markman’s departure. Mr. Markman indicated that he is not leaving his role as the result of any disagreement with EQC management or the Board.