Proper corporate governance is important to Industrial Logistics Properties Trust. We have a seven member Board of Trustees, of which five are Independent Trustees. There are three standing Committees of the Board: an Audit Committee, a Compensation Committee and a Nominating and Governance Committee. Our three standing Board Committees are comprised solely of Independent Trustees. The Board’s Audit Committee currently has a qualified Audit Committee "financial expert" as defined by SEC rules.

Corporate Governance Documents

The Board has adopted Governance Guidelines and Committee Charters for each of its three standing Board Committees.

All of ILPT’s trustees, officers and personnel are subject to a Code of Business Conduct and Ethics.

We also have a Governance Hotline that allows users to report concerns or complaints about accounting, internal accounting controls or auditing matters and any violation or possible violation of ILPT’s Code of Business Conduct and Ethics.

We also have a Business Partners’ Code of Conduct, an Employee Health and Wellness Policy, a Human Rights Policy and a Philanthropy Policy.

Committee Charters

The Board of Trustees approved administrative updates to the Code of Business Conduct and Ethics on February 20, 2024.