RMR GROUP INC.

rmrgroup.com

RMR Group Inc. (Nasdaq: RMR) is a Maryland-based alternative asset management holding company that provides business and property management services to publicly traded real estate investment trusts. Substantially all of its business is conducted through its majority-owned subsidiary, The RMR Group LLC, in which RMR Inc. held approximately 53.2% of the economic interest as of September 30, 2025. Revenue is generated through fee-based management agreements, including base business management fees calculated as a percentage of the lower of average historical property cost or average market capitalization of each managed REIT, property management fees based on a percentage of gross rents collected at managed properties, and construction supervision fees tied to a percentage of construction costs. The managed entities, referred to as Managed Equity REITs and SEVN, are the primary fee-paying clients. Adam D. Portnoy serves as Chair, Managing Director, President, and Chief Executive Officer, and is also the sole trustee and controlling shareholder of ABP Trust, which holds the remaining approximately 46.8% economic interest in RMR LLC. RMR is a dividend-paying company, with aggregate cash distributions of $49,547 thousand paid to shareholders and unit holders during the fiscal year ended September 30, 2025.