BREIT 2018 Proxy Statement

How do I vote if I hold my shares in “street name”? If your shares are held by your bank or broker as your nominee (in “street name”), you should receive a proxy or voting instruction form from the institution that holds your shares and follow the instructions included on that form regarding how to instruct your broker to vote your shares. If your shares are held in street name and you wish to attend the Annual Meeting and/or vote in person, you must bring your broker or bank voting instruction card and a proxy, executed in your favor, from the record holder of your shares. In addition, you must bring valid government-issued photo identification, such as a driver’s license or a passport. How can I authorize a proxy to vote over the Internet or by telephone? To authorize a proxy to vote electronically via the Internet, go to www.proxydocs.com/BREIT and follow the instructions. Please have your proxy card in hand when accessing the website, as it contains a 12-digit control number required record your voting instructions via the Internet. If you have access to a touch-tone telephone, you may authorize your proxy by dialing (866) 286-3108 and following the recorded instructions. You will need the 12-digit control number included on your proxy card in order to record your voting instructions by telephone. You can authorize a proxy to vote via the Internet or by telephone at any time prior to 11:59 p.m., Eastern Daylight Time, June 10, 2018, the day before the Annual Meeting. What if I return my proxy but do not mark it to show how I am voting? If you submit a signed proxy without indicating your vote on any matter, the designated proxies will vote to elect all seven director nominees as directors and to approve the ratification of the appointment of Deloitte as our independent registered public accounting firm for 2018. What if other matters come up at the Annual Meeting? At the date this Proxy Statement went to press, we did not know of any matters to be properly presented at the Annual Meeting other than those referred to in this Proxy Statement. If other matters are properly presented for consideration at the meeting or any adjournment or postponement thereof and you are a stockholder of record and have submitted a proxy card, the persons named in your proxy card will have the discretion to vote on those matters for you. Can I change my vote or revoke my proxy after I authorize my proxy? Yes. At any time before the vote on a proposal, you can change your vote either by: • executing or authorizing, dating and delivering to us a new proxy with a later date that is received no later than June 10, 2018; • authorizing a proxy again via the Internet or by telephone at a later time before the closing of those voting facilities at 11:59 p.m., Eastern Daylight Time, on June 10, 2018; • sending a written statement revoking your proxy card to our Secretary or any corporate officer of the Company, provided such statement is received no later than June 10, 2018; or • attending the Annual Meeting, revoking your proxy and voting your shares in person. Your attendance at the Annual Meeting will not, by itself, revoke a proxy previously authorized by you. We will honor the proxy card or authorization with the latest date. 3