Alexandria Real Estate Equities, Inc. Announces Tax Treatment of Year 2022 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)

12/31/21

1/14/22

$  1.150000

$  0.659525

$          —

$  0.490475

$      0.093725

$  0.020355

$  0.298195

$        —

$  0.659525

3/31/22

4/15/22

1.150000

0.659525

—

0.490475

0.093725

0.020355

0.298195

—

0.659525

6/30/22

7/15/22

1.180000

0.676730

—

0.503270

0.096170

0.020886

0.305974

—

0.676730

9/30/22

10/14/22

1.180000

0.676730

—

0.503270

0.096170

0.020886

0.305974

—

0.676730

$  4.660000

$  2.672510

$          —

$  1.987490

$      0.379790

$  0.082482

$  1.208338

$        —

$  2.672510

100 %

57.35 %

— %

42.65 %

8.15 %

1.77 %

25.93 %

— %

57.35 %

(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 $0.778897 (39.19% of Box 2a) per share and $0.590881 (29.73% 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. shareholders 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. shareholders own the Company's stock.

(5)

Return of capital represents a return of stockholder investment.