ELS Q2 Normalized FFO $0.74, up 7.7% YoY, above guidance midpoint

EQUITY LIFESTYLE PROPERTIES INC

Net income per share $0.50, up 19.1% YoY; Normalized FFO $0.74, up 7.7% YoY.
Core property operations income grew 6.5% YoY (excl. property management).
MH base rental income +5.8% YoY; RV/marina base rental income +1.8% YoY.
Six-month Normalized FFO $1.58, up 3.6% YoY; guidance for Q3 and FY2026 provided.

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