Equity LifeStyle Properties begins Hurricane Ian damage assessment, expects no significant financial impact

EQUITY LIFESTYLE PROPERTIES INC

Gulf Air RV (246 sites) and Fort Myers Beach RV (292 sites) near Fort Myers suffered significant flooding and wind damage; Palm Harbour Marina (260 slips) also damaged.
Pine Island RV (363 sites) and Fish Tale Marina (296 slips) remain inaccessible and cannot be assessed yet.
Wind-related structural damage to common areas appears limited; newer homes held up well; cleanup has begun at many properties.
Company believes it has adequate insurance with business interruption coverage and does not expect Hurricane Ian to materially impact consolidated results.
Coastal properties in North and South Carolina experienced minimal impact and all are open.

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