Alexandria Real Estate Equities, Inc. Announces Public Offering Price of $800,000,000 Senior Bonds Due 2034 $1,000,000,000 Senior Bonds Due 2052

PASADENA, Calif., February 2, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (“Alexandriaor the “Company”) (NYSE: ARE) today announced that it has priced a public offering of $800,000,000 aggregate principal amount of the 2.950% Senior Notes due 2034 and $1,000,000,000 aggregate principal amount of the 3.550% Senior Notes due 2052 (the “Notes”). Goldman Sachs & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc., RBC Capital Markets, LLC, Evercore Group LLC, JP Morgan Securities LLC, Mizuho Securities United States LLC, PNC Capital Markets LLC, Scotia Capital (United States) Inc., SMBC Nikko Securities America, Inc., TD Securities (United States) LLC and US Bancorp Investments, Inc. are acting as joint bookrunners for the public offering and Barclays Capital Inc., BNP Paribas Securities Corp., Capital One Securities, Inc., Fifth Third Securities, Inc. , Regions Securities LLC and Truist Securities, Inc. are acting as co-managers in the public offering.

The senior notes due 2034 were priced at 99.696% of the principal amount with a yield to maturity of 2.980% and the senior notes due 2052 were priced at 99.575% of the principal amount with a yield at maturity of 3.573%. The Notes will be unsecured obligations of the Company and fully and unconditionally guaranteed by Alexandria Real Estate Equities, LP, an indirectly wholly owned subsidiary of the Company. Ticket sales are expected to close on or about February 16, 2022subject to customary closing conditions.

The net proceeds of the 2.950% Senior Notes due 2034 will initially be used for general corporate purposes, which may include reducing the outstanding balance of the Company’s senior unsecured line of credit, if applicable, the reduction of outstanding debt under the commercial paper program, if any, the repayment of other indebtedness and the selective development, redevelopment or acquisition of properties. In addition, following the initial allocation of the net proceeds described above, the Company will apply an amount equal to the net proceeds of the 2.950% Senior Notes due 2034 to fund, in whole or in part, projects recently completed and eligible future greens, which are defined as certain development, redevelopment or leasehold improvement projects that have received or are expected to receive LEED Gold or Platinum certification, including the development and redevelopment of such projects.

The net proceeds of the 3.550% Senior Notes due 2052 will be used for general working capital and other general corporate purposes, which may include reducing the outstanding balance of the Senior Line of Credit unsecured rank of the Company, if applicable, the reduction of outstanding debt under the Company’s commercial paper program, if applicable, the early repayment by cancellation of a secured note payable having an accounting balance of $196.5 million from December 31, 2021a contractual interest rate of 4.82% and a maturity of February 6, 2024the repayment of other debts and the selective development, redevelopment or acquisition of properties.

The Notes are being offered pursuant to an effective registration statement on Form S-3 that has been previously filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy the Company’s Notes, and there will be no sale of the Notes in any state in which such offer, solicitation or sale would be illegal before registration. or a qualification under the securities laws of such state.

Copies of the prospectus supplement relating to this offering, when available, may be obtained by contacting: Goldman Sachs & Co. LLC, Attn: Prospectus Department, at 200 West Street, New York, NY 10282, by phone at (866) 471-2526, by fax at (212) 902-9316 or by e-mail at: [email protected]; BofA Securities, Inc., NC1-004-03-43, Attn: Prospectus Department, at 200 North College Street, 3rd Floor, Charlotte, North Carolina 28255-0001 or by e-mail to [email protected]; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by phone toll-free at (800) 831-9146 or by email at [email protected]; or RBC Capital Markets, LLC, Attn: Syndicate Operations, at 200 Vesey Street, 8th Floor, New York, NY 10281, by telephone toll-free at (866) 375-6829, by fax at (212) 428-6308 or by email at rbcnyfixed [email protected]

Alexandriaan S&P 500® Urban Office Real Estate Investment Trust, is the oldest and most pioneering owner, operator, and developer focused solely on collaborative life sciences, agtech, and technology campuses in cluster locations. AAA innovation. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations including Greater Bostonthe San Francisco Bay Area, New York City, San Diego, Seattle, Maryland and Research Triangle.

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements regarding the Company’s offering of Notes and the intended use of proceeds. These forward-looking statements are based on the company’s current intention, beliefs or expectations, but the realization of forward-looking statements is not guaranteed and may not occur. Actual results may differ materially from those contained or implied by the Company’s forward-looking statements due to a variety of factors, including, without limitation, the risks and uncertainties detailed in its filings with the Securities and Exchange. Committee. All forward-looking statements are made as of the date of this press release, and the Company undertakes no obligation to update such information. For information about risks and uncertainties that could cause actual results to differ materially from those anticipated in the company’s forward-looking statements, as well as risks and uncertainties about the company’s business generally, please refer to the company’s filings with the Securities and Exchange Commission. , including its most recent annual report on Form 10-K and all quarterly reports subsequently filed on Form 10-Q.

CONTACT: Sara KabakoffVice President – ​​Communications, (626) 788-5578, [email protected]

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SOURCE Alexandria Real Estate Equities, Inc.

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