Copper Property Trust declares $0.082087/unit distribution; Q4 same-store sales down 7.4%

Copper Property CTL Pass Through Trust

Cash distribution of $0.082087 per trust certificate ($6.2M aggregate) payable April 10, 2025 to holders of record April 7, 2025.
Monthly report for March 2025 and Q4 2024 Master Lease JCP store performance filed with SEC.
Master lease portfolio: 121 properties, 16M sq ft; Q4 tenant sales per sq ft $24, four-wall EBITDAR $58.6M, EBITDAR/rent 1.8x.
TTM tenant sales per sq ft $74, four-wall EBITDAR $159.2M, rent $128.7M, EBITDAR/rent 1.2x.
Comparable store sales declined 7.4% in Q4 and 6.7% TTM; liquid assets covenant compliance confirmed.

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