Essex Reports Characteristics of 2022 Dividends

SAN MATEO, Calif.--(BUSINESS WIRE)-- Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2022 distributions to shareholders. The 2022 distribution characteristics are as follows:

Common Stock – CUSIP Number 297178105:

Record	Payment	Cash Distribution			Ordinary Taxable			Qualified		Return of			Capital Gain			Unrecaptured Section 1250 Capital Gain			Section 199A		Section 897
Date	Date	Per Share			Dividend			Dividend		Capital			(20% rate)			(25% rate)			Dividend		Gain
1/3/2022	1/14/2022	$	2.09000		$	1.67553		$	0.06818	$	0.00000		$	0.35073		$	0.06374		$	1.60735	$	0.41447
3/31/2022	4/14/2022	$	2.20000		$	1.76371		$	0.07176	$	0.00000		$	0.36919		$	0.06710		$	1.69195	$	0.43629
6/30/2022	7/15/2022	$	2.20000		$	1.76371		$	0.07176	$	0.00000		$	0.36919		$	0.06710		$	1.69195	$	0.43629
9/30/2022	10/14/2022	$	2.20000		$	1.76371		$	0.07176	$	0.00000		$	0.36919		$	0.06710		$	1.69195	$	0.43629
Totals:		$	8.69000		$	6.96666		$	0.28346	$	0.00000		$	1.45830		$	0.26504		$	6.68320	$	1.72334
Percentages:			100	%		80.169	%				0.000	%		16.781	%		3.050	%

The Company did not incur any foreign taxes during 2022.

Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex Property Trust, Inc. dividends.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 253 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com.

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Rylan Burns

Group VP of Private Equity & Finance

(650) 655-7800

Source: Essex Property Trust, Inc.