Alexandria Real Estate Equities enters $1.5B at-the-market stock sale agreement

ALEXANDRIA REAL ESTATE EQUITIES, INC.

Up to $1.5B in common stock offered via distribution agreement with 18 sales agents and forward purchasers.
Shares sold in 'at-the-market' offerings on NYSE; compensation to agents up to 1.5% of gross proceeds.
Forward sale agreements: company borrows shares via forward purchasers, expects physical settlement for proceeds.
Company may elect cash or net-share settlement, which could result in no proceeds or cash owed.
Offering under shelf registration statement and prospectus supplement filed Feb 15, 2024.

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