Alexandria Real Estate Equities Amends Executive Chairman's 2025 LTI Grant and Promotes John Hart Cole to Co-President

ALEXANDRIA REAL ESTATE EQUITIES, INC.

Joel S. Marcus's 2025 LTI grant changed to 100% performance-based vesting with max value of $5,400,000, up from prior $4,500,000.
Amendment effective only for 2025 grant; eliminates time-based vesting, tying entire award to corporate performance criteria.
John Hart Cole elected Co-President & Co-Regional Market Director – Seattle effective January 1, 2026.
Cole previously served as EVP – Capital Markets/Strategic Operations and Co-Regional Market Director – Seattle since January 2024.
Promotion includes base salary increase; material terms from prior filings unchanged; ticker ARE.

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