Inland Real Estate Income Trust, Inc. announced that Daniel L. Goodwin, director and chairman of the board of directors passed away. Mr. Goodwin had served as director and chairman of the board since 2012 and will be terribly missed by the Company and the directors with whom he served. On January 23, 2024, the Company?s board elected Robert D. Parks as a director to fill the vacancy resulting from the passing of Mr. Goodwin.

Mr. Parks will serve on the board until the Company?s 2024 annual meeting of stockholders and until his successor is duly elected and qualified, and it is anticipated that Mr. Parks will stand for reelection to the board at the 2024 Annual Meeting. Mr. Parks was also elected to serve as chairman of the board. Mr. Parks is a manager of The Inland Real Estate Companies, LLC and one of the original principals of The Inland Group, LLC.

Mr. Parks has served as a director on multiple boards, including as chairman of Inland Real Estate Investment Corporation (the Company?s sponsor) from November 1984 to December 2016; chairman of the board of Inland Diversified Real Estate Trust, Inc. from June 2008 to July 2014; director of Inland Investment Advisors, Inc. from June 1995 to May 2013; chairman of the board of Retail Properties of America, Inc. from March 2003 to October 2010; director of Inland Securities Corporation from August 1984 to June 2009; director of Inland Real Estate Corporation from 1994 to June 2008, serving as chairman of the board from May 1994 to May 2004 and as president and chief executive officer from 1994 to April 2008; and chairman of the board of Inland Retail Real Estate Trust, Inc. from September 1998 to March 2006, serving as chief executive officer until December 2004. Mr. Parks earned his undergraduate degree from Northeastern Illinois University and his Master of Arts degree from the University of Chicago. The board believes that Mr. Parks?

significant experience in the non-listed real estate trust industry will greatly benefit the board and the Company.