Diversified Healthcare Trust Announces Changes to the Benchmark Index for Its Business Management Agreement With The RMR Group LLC

Oct 01, 2021

Diversified+Healthcare+Trust+%28Nasdaq%3A+DHC%29 announced today that it has amended its business management agreement with The RMR Group LLC, or RMR LLC, a majority-owned subsidiary of The+RMR+Group+Inc.+%28Nasdaq%3A+RMR%29, to replace the benchmark index used in the calculation of incentive management fees. Pursuant to the amendment, for periods beginning on and after August 1, 2021, the MSCI U.S. REIT/Health Care REIT Index will replace the discontinued SNL U.S. REIT Healthcare Index and be used to calculate benchmark returns per share for purposes of determining any incentive management fee payable by DHC to RMR LLC. For periods prior to August 1, 2021, the SNL U.S. REIT Healthcare Index will continue to be used.

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