Essex Reports Characteristics of 2023 Dividends

SAN MATEO, Calif.--(BUSINESS WIRE)-- Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2023 distributions to shareholders. The 2023 distribution characteristics are as follows:

Common Stock – CUSIP Number 297178105:

Record Date		Payment Date		Cash Distribution Per Share		Ordinary Taxable Dividend		Qualified Dividend		Return of Capital		Capital Gain (20% rate)		Unrecaptured Section 1250 Capital Gain (25% rate)		Section 199A Dividend		Section 897 Gain
1/3/2023		1/13/2023		$2.20000		$1.94610		$0.00000		$0.00000		$0.18300		$0.07090		$1.94610		$0.25390
3/31/2023		4/14/2023		$2.31000		$2.04340		$0.00000		$0.00000		$0.19215		$0.07445		$2.04340		$0.26660
6/30/2023		7/14/2023		$2.31000		$2.04340		$0.00000		$0.00000		$0.19215		$0.07445		$2.04340		$0.26660
9/29/2023		10/13/2023		$2.31000		$2.04340		$0.00000		$0.00000		$0.19215		$0.07445		$2.04340		$0.26660
Totals:				$9.13000		$8.07630		$0.00000		$0.00000		$0.75945		$0.29425		$8.07630		$1.05370
Percentages:				100%		88.459%				0.000%		8.318%		3.223%

The Company did not incur any foreign taxes during 2023.

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 252 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240119999563/en/

Loren Rainey

Director, Investor Relations

(650) 655-7800

lrainey@essex.com

Source: Essex Property Trust, Inc.