Alexandria discloses no direct SVB bank exposure; $108.3M in letters of credit being addressed

ALEXANDRIA REAL ESTATE EQUITIES, INC.

No bank accounts, loans, or amounts due to/from SVB.
One lease to SVB affiliate: $1.7M annual rent (0.08% of total rental revenue).
SVB-issued letters of credit for tenant security deposits total $108.3M; working with tenants to replace.
No identified exposure to Signature Bank.
Balance sheet highlights: $5.3B liquidity, no debt maturities before 2025, 99.4% fixed-rate debt.

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