UMH Properties amends ATM agreements: $150M common stock, $100M preferred stock

UMH PROPERTIES, INC.

• Common stock ATM capacity increased to $150M aggregate with approx. $44.6M unsold remaining.
• Preferred stock ATM capacity set at $100M aggregate with approx. $97.5M unsold remaining.
• Distribution agents updated; Janney Montgomery Scott removed, B. Riley, Cantor Fitzgerald, Maxim added as sales agents.
• Net proceeds intended for working capital, manufactured home purchases, community expansion, debt repayment.
• Legal opinions from Womble Bond Dickinson and Paul Hastings filed as exhibits.

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