Kilroy Realty Corporation announced that Eliott Trencher who currently serves as Chief Financial Officer and Chief Investment Officer, will remain as Chief Financial Officer through August 18, 2024 after which he will continue as EVP, Chief Investment Officer. On July 30, 2024, the Board of Directors (the?Board) of the Company appointed Jeffrey Kuehling to serve as Chief Financial Officer, effective on a date on or before September 3, 2024, to be mutually agreed between Mr. Kuehling and the Company (the Transition Date). In such capacity, Mr. Kuehling shall serve as the principal financial officer of the Company and Kilroy Realty, L.P. (the Operating Partnership), the Company?s operating partnership.

Jeffrey Kuehling, age 39, joins the Company from Brixmor Property Group (?Brixmor?), a publicly-traded real estate investment trust, where he has served as the Vice President, Corporate Strategy and then the Senior Vice President, Corporate Strategy since 2018. Prior to Brixmor, Mr. Kuehling served as the Director of Corporate Finance at RPT Realty and held several finance positions at Retail Properties of America Inc. Mr. Kuehling received his bachelor?s degree from Indiana University, his master of science from the University of Florida, and his master of business administration from the University of Chicago. Mr. Kuehling is also a Certified Public Accountant and a Chartered Financial Analyst.

The term of Mr. Kuehling?s employment under the Employment Agreement will be for an initial term commencing on the Transition Date and ending on March 1, 2027, with automatic one-year renewals unless one party has provided the other party with at least 60 days? advance notice of non-renewal of the term and subject to earlier termination by either the Company (which term includes the Operating Partnership, as the context may require, for purposes of employment and severance benefit provisions) or Mr. Kuehling.