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Midas Edge

EQUITY LIFESTYLE PROPERTIES INC

For the period ended Dec 31, 2025. Filed Feb 18, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 18, 2026

ELS$62.68-0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 15. Exhibits, Financial Statements Schedules

  1. Financial Statements

  2. Financial Statement Schedule

  3. Exhibits:

In reviewing the agreements included as exhibits to this Form 10-K, please remember they are included to provide you with information regarding their terms and are not intended to provide any other factual or disclosure information about us or the other parties to the agreements. The agreements may contain representations and warranties by each of the parties to the applicable agreement. These representations and warranties have been made solely for the benefit of the other parties to the applicable agreement and:

should not in all instances be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate;

have been qualified by disclosures that were made to the other party in connection with the negotiation of the applicable agreement, which disclosures are not necessarily reflected in the agreement;

may apply standards of materiality in a way that is different from what may be viewed as material to you or other investors; and

were made only as of the date of the applicable agreement or such other date or dates as may be specified in the agreement and are subject to more recent developments.

Accordingly, these representations and warranties may not describe the actual state of affairs as of the date they were made or at any other time. Additional information about us may be found elsewhere in this Form 10-K and our other public filings, which are available without charge through the SEC's website athttp://www.sec.gov.

3.1(a)Articles of Amendment and Restatement of Equity LifeStyle Properties, Inc., effective May 15, 2007
3.2(b)Articles of Amendment of Equity LifeStyle Properties, Inc., effective November 26, 2013
3.3(c)Articles of Amendment of Equity LifeStyle Properties, Inc., effective May 2, 2019
3.4(d)Form of Articles Supplementary for Preferred Stock
3.5(e)Articles of Amendment of Equity LifeStyle Properties, Inc., effective May 4, 2020
3.6(f)Fourth Amended and Restated Bylaws, effective as of July 25, 2023
4.1(g)Form of Specimen Stock Certificate Evidencing the Common Stock of Equity LifeStyle Properties, Inc., par value $0.01 per share
4.2(u)Description of the Registrant’s Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1934
10.1(i)Second Amended and Restated MHC Operating Limited Partnership Agreement of Limited Partnership, dated March 15, 1996
10.2(j)Amendment to Second Amended and Restated Agreement of Limited Partnership for MHC Operating Limited Partnership, dated February 27, 2004
10.3(k)Second Amendment to the Second Amended and Restated Agreement of Limited Partnership for MHC Operating Limited Partnership effective as of December 31, 2013
10.4(h)Third Amendment to the Second Amended and Restated Agreement of Limited Partnership for MHC Operating Limited Partnership effective as of December 31, 2018
10.5(s)(+)Equity LifeStyle Properties, Inc. 2014 Equity Incentive Plan effective May 13, 2014 (the “2014 Plan”)
10.6(l)(+)Equity LifeStyle Properties, Inc. 2024 Equity Incentive Plan effective April 30, 2024 (the “2024 Plan”)
10.7(m)(+)Amended and Restated Equity LifeStyle Properties, Inc. 1997 Non-Qualified Employee Stock Purchase Plan, effective May 10, 2016
10.8(n)(+)Form of Indemnification Agreement
10.9(o)Third Amended and Restated Credit Agreement, dated as of April 19, 2021, by and among MHC Operating Limited Partnership, as Borrower, Equity LifeStyle Properties, Inc., as Parent, Wells Fargo Bank, National Association, as Administrative Agent, and each of the Lenders set forth therein
10.10(o)Third Amended and Restated Guaranty dated as of April 19, 2021 by Equity LifeStyle Properties, Inc. in favor of Wells Fargo Bank, National Association
10.11(p)Amendment, dated March 1, 2023, to the Third Amended and Restated Credit Agreement, dated as of April 19, 2021, by and among MHC Operating Limited Partnership, the Company, Wells Fargo, National Association, and each of the Lenders set forth therein
10.12(q)Second Amendment, dated July 18, 2024, to the Third Amended and Restated Credit Agreement, dated April 19, 2021, by and among MHC Operating Limited Partnership, as Borrower, Equity LifeStyle Properties, Inc., as Parent, Wells Fargo Bank, National Association, as Administrative Agent, and each of the Lenders set forth therein.
10.13(r)Form of Equity Distribution Agreement, dated November 1, 2024, by and among the Company, the Operating Partnership and each of the Sales Agents.
10.14(t)(+)Form of Restricted Share Award Agreement for the 2014 Plan
10.15(t)(+)Form of Option Award Agreement for the 2014 Plan
10.16(*)(+)Form of Restricted Share Award Agreement for the 2024 Plan
10.17(*)(+)Form of Option Award Agreement for the 2024 Plan
14*Equity LifeStyle Properties, Inc. Business Ethics and Conduct Policy, dated October 28, 2025
19*Policy on Securities Trading, dated October 28, 2025
21*Subsidiaries of the Registrant
23*Consent of Independent Registered Public Accounting Firm
31.1*Certification of Chief Financial Officer Pursuant To Section 302 of the Sarbanes-Oxley Act Of 2002
31.2*Certification of Chief Executive Officer Pursuant To Section 302 of the Sarbanes-Oxley Act Of 2002
32.1*Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350
32.2*Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350
97(u)(+)Compensatory Recovery Policy
101.SCH*Inline XBRL Taxonomy Extension Schema Document
101.CAL*Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB*Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE*Inline XBRL Taxonomy Extension Presentation Linkbase Document
101.DEF*Inline XBRL Taxonomy Extension Definition Linkbase Document
104Cover Page Interactive Data File included as Exhibit 101 (embedded within the Inline XBRL document)

The following documents are incorporated by reference.

(a)Included as an exhibit to our Report on Form 8-K filed May 22, 2007

(b)Included as an exhibit to our Report on Form 8-K filed November 26, 2013

(c)Included as an exhibit to our Report on Form 8-K filed May 2, 2019

(d)Included as an exhibit to our Report on Form 8-K filed February 25, 2020

(e)Included as an exhibit to our Report on Form 8-K filed May 4, 2020

(f)Included as an exhibit to our Report on Form 8-K filed July 28, 2023

(g)Included as an exhibit to our Report on Form S-3 Registration Statement dated May 6, 2009, file No. 333-159014

(h)Included as an exhibit to our Report on Form 10-K for the year ended December 31, 2020

(i)Included as an exhibit to our Report on Form 10-Q for the quarter ended June 30, 1996

(j)Included as an exhibit to our Report on Form 10-K for the year ended December 31, 2005

(k)Included as an exhibit to our Report on Form 8-K filed January 2, 2014

(l)Included as Appendix B to our Definitive Proxy Statement dated March 19, 2024, relating to Annual Meeting of Stockholders held on April 30, 2024

(m)Included as an exhibit to our Report on Form 10-Q for the quarter ended June 30, 2016

(n)Included as an exhibit to our Report on Form 10-Q for the quarter ended March 31, 2025

(o)Included as an exhibit to our Report on Form 8-K filed April 23, 2021

(p) Included as an exhibit to our Report on Form 10-Q/A for the quarter ended March 31, 2023

(q) Included as an exhibit to our Report on Form 8-K filed on July 23, 2024

(r) Included as an exhibit to our Report on Form 8-K filed on November 1, 2024

(s) Included as Appendix B to our Definitive Proxy Statement dated March 24, 2014, relating to Annual Meeting of Stockholders held on May 13, 2014

(t)Included as an exhibit to our Report on Form 8-K filed May 13, 2014

(u)Included as an exhibit to our Report on Form 10-K for the year ended December 31, 2023

  • Filed herewith

(+) Management contract or compensatory plan or arrangement.

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