On January 6, 2021, the Board of Directors of Innovative Industrial Properties, Inc. promoted Andy Bui to serve as Vice President, Chief Accounting Officer and principal accounting officer of the Company. Catherine Hastings, the Company’s current principal accounting officer, ceased to serve in the capacity of principal accounting officer upon the effectiveness of Mr. Bui’s appointment as principal accounting officer, but shall continue to serve the Company in the capacity of Chief Financial Officer and Treasurer. Mr. Bui served as Controller at the Company since May 2017. Until April 2017, Mr. Bui served as senior director of financial reporting at BioMed Realty Trust, Inc. Prior to BioMed Realty, he served as senior manager of financial reporting at Leap Wireless International, Inc. from 2012 to 2013 and as manager at PricewaterhouseCoopers LLP from 2010 to 2012.