Corrects Q3 EPS (adjusted) to Adjusted FFO per share in Key Details. Removes brackets in Overview for net loss figure and changes funds from operations (adjusted) per share to Adjusted FFO per share Overview * Alexandria Q3 2025 net loss per share of $(1.38), compared to $0.96 in Q3 2024 * Adjusted FFO per share falls to $2.22 in Q3 2025 from $2.37 in Q3 2024 * Company reports strong tenant collections with 99.9% of rents collected as of Oct 27, 2025 Outlook * Alexandria lowers 2025 net loss per share guidance midpoint to $(2.94) * Company reduces 2025 FFO per share (adjusted) guidance midpoint to $9.01 Result Drivers * LEASING ACTIVITY – Co achieved significant leasing volume, including a 16-year lease expansion with a multinational pharmaceutical tenant * OCCUPANCY CHALLENGES – Operating

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