Equity Lifestyle Properties names new CEO

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;

Compensatory Arrangements of Certain Officers

On October 27, 2026, the Board of Directors (the "Board") of Equity LifeStyle Properties, Inc. (referred to herein as the "Company," "we," "us," and "our"), upon the recommendation of the Compensation, Nominating and Corporate Governance Committee of the Board (the "Compensation Committee"), approved a series of leadership changes as part of the Company's multi-year succession plan, each of which is described below.

(b) Departure of Officers

Marguerite Nader will cease to serve as Vice Chairman of the Board and Chief Executive Officer effective as of the end of the day on December 31, 2026. Effective January 1, 2027, Ms. Nader will continue to serve as a member of the Board in the role of Executive Vice Chair of the Board. Ms. Nader's transition is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

In connection with the leadership changes described in this Item 5.02, Patrick Waite will cease to serve as Chief Operating Officer effective as of the end of the day on December 31, 2026. Mr. Waite will continue to serve as President and, effective January 1, 2027, will succeed Ms. Nader as Chief Executive Officer, as described below.

(c) Appointment of Officers

The Board appointed, effective January 1, 2027, (i) Mr. Waite as President and Chief Executive Officer, in which capacity he will serve as our principal executive officer, and (ii) David Eldersveld, our Executive Vice President, Chief Legal Officer and Corporate Secretary, as Executive Vice President, Chief Operating Officer, Chief Legal Officer and Corporate Secretary, in which capacity he will serve as our principal operating officer. Paul Seavey, our Executive Vice President and Chief Financial Officer, will remain principal financial officer, and Caroline Karp, our Senior Vice Pre

Item 7.01 Regulation FD Disclosure

On October 27, 2026, we issued a news release announcing the leadership changes described in Item 5.02 of this Current Report on Form 8‑K. A copy of the news release is attached as Exhibit 99.1 to this Current Report on Form 8‑K and is incorporated herein by reference.

The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 8.01 Other Events

On October 27, 2026, the Board declared a fourth quarter 2026 dividend of $0.5425 per common share, representing, on an annualized basis, a dividend of $2.17 per common share. The dividend will be paid on January 8, 2027 to stockholders of record at the close of business on December 24, 2026.