VICI Properties Appoints Independent Director John M. Sullivan

What Happened
VICI Properties Inc. announced on September 8, 2026 (appointment effective September 4, 2026 subject to conditions) that John M. Sullivan has been appointed to its Board of Directors as an independent director. His appointment is expected to increase the Board size to eight directors. Mr. Sullivan will join the Board’s Compensation Committee and Nominating and Governance Committee.

Key Details

• Appointment announced via press release filed as Exhibit 99.1 on September 8, 2026.
• Effective date: September 4, 2026, subject to satisfying certain conditions including applicable regulatory approvals.
• Board impact: increases Board size to eight members; committee assignments are Compensation and Nominating & Governance.
• Background: Mr. Sullivan was President & CEO of Cadillac Fairview from Jan 2011 until retiring Oct 2023; served at Cadillac Fairview since 1998. He currently sits on the boards of Colliers International (since Jan 2024) and EQ Bank / Equitable Bank (since Apr 2026). Education: B.Sc. Civil Engineering (Concordia) and MBA (McGill).
• Compensation/agreements: He will be paid under the Company’s standard director compensation policies and will enter the Company’s standard indemnification agreement. No related-party transactions or selection arrangements were reported.

Why It Matters
Board additions and committee assignments matter for corporate oversight and governance. Mr. Sullivan brings decades of experience in retail and mixed-use real estate and will participate directly in compensation and governance matters—areas that influence executive pay, board nominations, and governance practices. The appointment is subject to regulatory approvals; the filing discloses no related-party transactions and no special compensation beyond standard policies, so there is no immediate financial disclosure of new pay or agreements beyond typical director terms.