ARE - Alexandria Real Estate Equities Inc. Announces Tax Treatment of Year 2023 Distributions

Section
897 ⁽⁴⁾
Ordinary
Dividends
(Box 2e)

Section
897 ⁽⁴⁾

Capital
Gains on
Real
Estate
(Box 2f)

Return of

Capital ⁽⁵⁾

(Box 3)

Section
199A ⁽¹⁾

Dividends

(Box 5)

Dividends

Capital Gains

Record

Date

Payment

Date

Distribution

Per Share

Taxable

Ordinary

(Box 1a)

Qualified ⁽¹⁾

(Box 1b)

Total ⁽²⁾

(Box 2a)

Unrecaptured
Section 1250 ⁽³⁾

(Box 2b)

12/30/22

1/13/23

1.210000

1.062017

—

0.147983

0.002541

—

0.028314

—

1.062017

3/31/23

4/14/23

1.210000

1.062017

—

0.147983

0.002541

—

0.028314

—

1.062017

6/30/23

7/14/23

1.240000

1.088348

—

0.151652

0.002604

—

0.029016

—

1.088348

9/29/23

10/13/23

1.240000

1.088348

—

0.151652

0.002604

—

0.029016

—

1.088348

4.900000

4.300730

—

0.599270

0.010290

—

0.114660

—

4.300730

100 %

87.77 %

— %

12.23 %

0.21 %

— %

2.34 %

— %

87.77 %

(1)

Qualified and Section 199A dividends are a subset of, and included in, the taxable ordinary dividends amount.

(2)

For purposes of Section 1061 and Treasury Regulation §1.1061-6(c), the aggregate "One Year Amounts Disclosure" and "Three Year Amounts Disclosure" are $0.599270 (100.00% of Box 2a) per share and $0.525799 (87.74% of Box 2a) per share, respectively. Such additional information generally pertains to shares held through "applicable partnership interests" subject to Section 1061.

(3)

Unrecaptured Section 1250 gains are a subset of, and included in, the total capital gains amount.

(4)

These amounts reflect a distribution's composition of gains from the disposition of "United States real property interests" under Section 897.  Generally, such information is relevant only to non-U.S. stockholders that own more than 10% of the Company's stock, as determined for purposes of Section 897, and certain entities through which non-U.S. stockholders own the Company's stock.

(5)

Return of capital represents a return of stockholder investment.