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Alexandria Real Estate Equities, Inc. Announces Early Results and Upsizing of Cash Tender Offers

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  • Alexandria Real Estate Equities, Inc. announced the results of its cash tender offers for 3.000% Senior Notes due 2051, 3.550% Senior Notes due 2052, and 4.000% Senior Notes due 2050.
  • The Company increased the Aggregate Maximum Tender Amount to accept all validly tendered Notes that were not withdrawn by the Early Tender Date of February 9, 2052.
  • Valid tenders received as of 5:00 p.m. New York City time on February 9, 2026, totaled $497,602,000 for the 2051 Notes, $524,594,000 for the 2052 Notes, and $309,199,000 for the 2050 Notes.
  • Acceptance priority levels are assigned as 1 for the 2051 Notes, 2 for the 2052 Notes, and 3 for the 2050 Notes.
  • The determination of Total Consideration is scheduled for 10:00 a.m. New York City time on February 10, 2026.
  • The Company does not expect to accept any Notes tendered after the Early Tender Date because the total valid tenders equal the Aggregate Maximum Tender Amount.
  • Any Notes tendered after the Early Tender Date will be returned to the registered holders via the Depository Trust Company.
  • The purchase obligation is subject to the satisfaction or waiver of Financing Conditions outlined in the Offer to Purchase.
  • Lead Dealer Managers for the offers include Citigroup Global Markets Inc., Barclays Capital Inc., and J.P. Morgan Securities LLC.
  • Co-Dealer Managers include Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., U.S. Bancorp Investments, Inc., and BofA Securities, Inc.
  • Global Bondholder Services Corporation serves as the Depositary and Information Agent for the transaction.