Orion Office REIT says Kawa director nomination notice invalid

Orion Properties announced that the notice submitted by The Kawa Fund Limited, which purported to nominate five candidates to stand for election to Orion’s board of directors at the company’s 2026 annual meeting, is invalid. Orion’s board of directors reviewed Kawa’s notice and unanimously determined that the submission did not meet several requirements set forth in Orion’s bylaws, including the requirement that Kawa be a record holder of the company’s common stock. Because Kawa failed to deliver a notice that complies with Orion’s bylaws prior to the nomination deadline, Kawa is not entitled to nominate any candidates for election to the board at the 2026 annual meeting.