Effective September 15, 2020, Highlands REIT, Inc. (the Company") appointed Kimberly A. Karas to serve as the Company's Treasurer. In this capacity, she will also serve as the Company's principal financial officer. Ms. Karas, age 44, has served as the Company's Senior Vice President, Controller and principal accounting officer since July 8, 2019. She previously served as Vice President of Finance for Link Industrial Properties (formerly Gateway Industrial Properties), a Blackstone platform company, from 2018 to 2019. Ms. Karas will continue to serve as the Company's Senior Vice President, Controller and principal accounting officer and she will continue to be subject to the terms of the Offer Letter, dated June 6, 2019, by and between the Company and Ms. Karas (the Karas Offer Letter"), the Change in Control and Severance Agreement, dated as of July 8, 2019, by and between the Company and Ms. Karas (the Karas Change in Control Agreement") and the indemnification agreement by and between the Company and Ms. Karas. Paul A. Melkus ceased to serve as the Company's Chief Financial Officer and Treasurer and ceased to serve as principal financial officer of the Company, effective September 1, 2020.
Highlands REIT, Inc. is a self-advised and self-administered real estate investment trust (REIT). The Company owns and manages substantially all of the non-core investment properties. The Company operates through two segments: multi-family and other. The Company's portfolio of investment properties consisted of 13 multi-family, three retail, one office and two industrial properties, one correctional facility and one parcel of unimproved land, which are all located in the United States. The Company's properties include 1620 Central, Buerger Brothers Lofts, Chamber Lofts, Kenilworth Court, Tennyson44, The Detroit and Detroit Terraces, The Lafayette, The Locale, The Muse, The Sterling, Hudson Correctional Facility, Market at Hilliard, The Q Lofts, Sherman Plaza and others.
HIGHLANDS REIT, INC. 
