BREIT 2018 Proxy Statement

Any waiver of the Code of Business Conduct and Ethics may be made only by our Board or the Audit Committee and will be promptly disclosed as required by law. Any modifications to the Code of Business Conduct and Ethics will be reflected on our website. Corporate Governance Guidelines We have also adopted Corporate Governance Guidelines to advance the functioning of our Board of Directors and its committees and to set forth our Board of Directors’ expectations as to how it and they should perform its and their respective functions. Our Corporate Governance Guidelines are available on our website, www.breit.com , under the “Governance” tab. Stockholder Nominations and Communications Policy Our Board of Directors has adopted policies with respect to the consideration of candidates recommended by stockholders for election as directors and stockholder and interested-party communications with the Board of Directors. Stockholders may communicate with the Board of Directors or any of its directors, and stockholders may also recommend director nominees for consideration by the Nominating and Corporate Governance Committee by directing the applicable communication in writing to our Secretary at: Secretary, Stockholder Communications/ Stockholder Nominations, Blackstone Real Estate Income Trust, Inc., 345 Park Avenue, New York, New York 10154. The sender should indicate in the address whether it is intended for the entire Board of Directors, a committee of the Board of Directors or an individual director. Each communication will be forwarded to the intended recipients in accordance with the instructions provided. Stockholder nomination submissions should include the name of the candidate, a current resume and curriculum vitae of the candidate and a statement describing the candidate’s qualifications and contact information for personal and professional references. The submission should also include the name and address of the stockholder who is submitting the nominee, the number of shares that are owned of record or beneficially by the submitting stockholder and a description of all arrangements or understandings between the submitting stockholder and the candidate. Director nominees may be nominated by our stockholders in accordance with our Bylaws and in accordance with the advance notice requirements contained in our Bylaws. See “Stockholder Proposals for the 2019 Annual Meeting” for more information regarding the advance notice requirements contained in our Bylaws. Executive and Senior Officers The following table sets forth the positions, ages as of March 20, 2018 and selected biographical information for our executive officers. Messrs. Cohen’s and Agarwal’s and Mrs. LePatner’s biographical information is provided in the section of this Proxy Statement entitled “Proposal 1 – Election of Directors.” Name Age Position Frank Cohen . . . . . . . . . . . . . . . . . . . . 45 Chairman of the Board and Chief Executive Officer A.J. Agarwal . . . . . . . . . . . . . . . . . . . . 51 President and Director Wesley LePatner . . . . . . . . . . . . . . . . . 36 Chief Operating Officer and Director Robert Harper . . . . . . . . . . . . . . . . . . . 39 Head of Asset Management Brian Kim . . . . . . . . . . . . . . . . . . . . . . 38 Head of Acquisitions and Capital Markets Paul D. Quinlan . . . . . . . . . . . . . . . . . . 40 Chief Financial Officer and Treasurer Karen Sprogis . . . . . . . . . . . . . . . . . . . 56 Head of Investor Relations Leon Volchyok . . . . . . . . . . . . . . . . . . 34 Chief Legal Officer, Chief Compliance Officer and Secretary 15