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Corporate Presentation J U LY 23, 2025

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 2 T H I S O P E R AT I N G A N D F I N A N C I A L D ATA S H O U L D B E R E A D I N C O N N E CT I O N W I T H O U R Q U A RT E R LY R E P O RT O N F O R M 10-Q F O R T H E Q U A RT E R E N D E D J U N E 30, 2025. Statements made in this presentation may be forward-looking statements within the mean- ing of Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-look- ing statements are intended to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of such act. Such forward-looking statements relate to, without limitation, our future economic performance, plans and objectives for future operations and projections of revenue and other financial items. Forward-looking statements can be iden- tified by the use of words such as “may,” “will,” “plan,” “potential,” “projected,” “should,” “ex- pect,” “anticipate,” “estimate,” “target,” “continue” or comparable terminology. Forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which we cannot predict with accuracy and some of which we might not even anticipate. Although we believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, we can give no assurance that such expectations will be achieved. Future events and actual results, financial and otherwise, may differ materi- ally from the results discussed in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Disclosure Regard- ing Forward-Looking Statements” and “Risk Factors” in our annual reports on Form 10-K, as may be supplemented or amended by our quarterly reports on Form 10-Q, which are incorpo- rated herein by reference. We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. Forward-Looking Statements

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 3 Our Vision To continuously innovate and transform residential living by creating exceptional spaces where residents thrive and feel truly at home, while positively impacting the communities we serve. Our Mission To deliver comprehensive residential solutions that blend luxury, energy efficiency and thoughtful design. Through our commitment to excellence in development and management, we create lasting value for our residents while fostering vibrant, connected communities.

Veris At-A-Glance C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 4 93.9%1 O C C U PA N C Y R AT E $445,334 4.7% AV E R A G E H O U S E H O L D I N C O M E P E R U N I T Q2 B L E N D E D N E T R E N TA L G R O W T H R AT E 10 Years 7,491 AV E R A G E A G E O F P R O P E RT Y A PA RT M E N T U N I TS 1. 95.5% excluding Liberty Towers. 4.4% 21 R E S I D E N T I A L B U I L D I N G S 10.6% AV E R A G E R E N T-TO-I N C O M E R AT I O 2025 N O I G R O W T H Y T D YOY A S O F J U N E 30, 2025

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 5 2025 Financial & Operating Performance H I G H L I G HTS • Secured amendment to Revolver and Term Loan agreement, including a leverage-based pricing grid, realizing an immediate 55-basis point interest rate reduction. • Increased retention to 60%, 300 basis points above Q1 2025. • Same Store NOI growth year-over-year of 5.6% for the quarter and 4.4% year to date. • Increased operating margin to 67.5%, 200 basis points above Q2 2024. 1H Q2 Core FFO per Diluted Share $0.33 $0.17 Same Store Revenue Growth 2.4% 2.5% Same Store Expense Growth (1.3)% (3.4)% Same Store NOI Growth 4.4% 5.6% Blended Net Rental Growth Rate 3.5% 4.7% Operating Margin 67.4% 67.5% S T R O N G R E S U LT S R E F L E CT I N G D E BT R E D U CT I O N A N D R O B U S T O P E R AT I N G P E R F O R M A N C E

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 6 2025 Guidance 2025 Guidance Ranges Low High Low High Same Store Revenue Growth 2.2% 2.7% 2.1% 2.7% Same Store Expense Growth 2.4% 2.8% 2.6% 3.0% Same Store NOI Growth 2.0% 2.8% 1.7% 2.7% Core FFO per Share $0.63 $0.64 $0.61 $0.63 Core FFO per Share Growth 5.0% 6.7% 1.7% 5.0% Note: Please refer to this Corporate Presentation and our supplementary filings for the quarter ended June 30, 2025, for additional details about NOI, Core FFO and the Company’s 2025 guidance. Q2 C U R R E N T G U I D A N C E I N I T I A L G U I D A N C E

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 7 2025 Corporate Plan Platform Optimization Capital Allocation • Targeting land bank, JVs and select multifamily assets where opportunity exists to crystallize values at or near NAV • Proceeds from sales primarily used to repay debt, further delveraging and strengthening our balance sheet • Investing in value-enhancing Capex programs across our portfolio E N H A N C I N G O U R P O RT F O L I O A N D H I G H LY S C A L A B L E P L AT F O R M TO D R I V E N O I G R O W T H M O N E T I Z I N G S E L E CT A S S E TS TO C RYS TA L L I Z E VA LU E A N D R E D U C E L E V E R A G E • Centralized leasing and operations, including hybrid-style, “floating” leasing team and area-focused maintenance team in Jersey City • Technology and AI tools enabling prospect and resident interactions while increasing productivity of corporate teams • Elevated resident experience driven by our best-in-class teams, unmatched program and initiatives

With $448 million1 of non-strategic assets sold or under binding contract this year, we continue to reduce leverage and unlock value embedded within the Company. $7M $38M $45M $61M $146M $268M $385M $448M January 24 Sold 65 Livingston, Roseland, NJ $7M April 21 Sold The Metropolitan at 40 Park, Morristown, NJ Sold PI North, West New York, NJ $7M April 29 Sold 1 Water, White Plains, NJ $16M July 9 Sold Signature Place, Morris Plains, NJ $85M July 22 Sold 145 Front St., Worcester, MA $122M Under Binding Contract: The James, Park Ridge, NJ $117M April 3 Sold Land in Wall Township, NJ $31M Under Binding Contract: Quarry Place, Tuckahoe, NY $63M C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 8 Significant Progress with Corporate Plan 1. Includes the pending sales of Quarry Place and The James, both are under contract and slated to close in August. Also includes Signature Place and 145 Front Street, which were sold in July 2025.

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 9 Improving Our Liquidity and Reducing Borrowing Costs Subsequent to the end of Q2 2025, Veris announced the amendment of its $500 million credit facility established in April 2024. The Amended Facility package—comprising a $300 million Revolver and a $200 million delayed- draw Term Loan. • Improved Cost of Debt: Revolver’s new, leverage-based pricing grid initial spread ranges from SOFR + 1.20% to 1.75%1; initial 55-basis point improvement in borrowing costs. • Increased Asset-Level Flexibility: Reduced required number of secured properties in collateral pool from five to two. • Reduced Debt Outstanding: Paid off $200 million of term loan with sale proceeds from Signature Place and 145 Front Street subsequent to quarter end. • Balance Sheet Optimization: Positions the Company to achieve goal of reducing Net Debt-to-EBITDA (Normalized) to around 10.0x by year-end 2025 and below 9.0x by year-end 2026. M O D I F I C AT I O N O F E X I S T I N G C R E D I T FA C I L I T Y 11.7x Y E 2024 ~10.0x TA R G E T Y E 2025 <9.0x TA R G E T Y E 2026 Further 3x Leverage Reduction by Year-End 2026 V E R I S N E T D E BT-TO-E B I T D A (N O R M A L I Z E D) $300M R E VO LV I N G C R E D I T FA C I L I T Y S+1.50%1 B O R R O W I N G S P R E A D AT T I M E O F C LO S I N G 1. Inclusive of the 5-basis-point spread reduction associated with meeting certain KPIs.

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 10 Acquisition of Sable, Formerly Urby Jersey City On April 21, Veris acquired Ironstate’s minority stake in the Jersey City Urby, a 762-unit asset and rebranded the property to Sable. • $38 million cost (includes consideration for Ironstate’s share of the remaining tax credit and termination of their management contract) • 6.1% cap rate, including 35 basis points related to synergies Cost-saving synergies from integrating the asset into the Veris platform: • Over one million dollars in annualized synergies from internalizing management • Payroll savings of 10% ($400k) from creating area-focused staffing model with Haus25 Fully onboarded to the Veris platform: • Transitioned from Entrata to Yardi • Integrated into the Veris website including online leasing assistant and virtual tour capabilities previously unavailable • Launched upgraded myVeris app to all residents

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 11 Land Bank Potential H A R B O R S I D E 8 Jersey City, NJ 2,297 Units F O R P OT E N T I A L D E V E LO P M E N T AT S H A R E 1,400 Units N J W AT E R F R O N T 737 Units M A S S A C H U S E T T S 1633 L I T T L E TO N Parsippany, NJ U P TO N PA R C E L Short Hills, NJ OV E R LO O K 1 Revere, MA OV E R LO O K 15 Revere, MA OV E R LO O K 14A Malden, MA OV E R LO O K 13 Malden, MA OV E R LO O K 14B Malden, MA H A R B O R S I D E 9 Jersey City, NJ The Company has an additional 34,375 sq. ft. of developable retail space within its land developments that is not represented above. P I S O U T H, B L D G 2 Weehawken, NJ Our ~$134 Million Land Bank A S O F J U LY 22, 2025 160 Units OT H E R

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 12 Q2 2025 Components of Net Asset Value REAL ESTATE PORTFOLIO Operating Multifamily NOI1 Total At Share New Jersey Waterfront $170,008 $149,371 Massachusetts 20,420 20,420 Other 30,064 23,689 Total Multifamily NOI as of 6/30/25 $220,492 $193,480 Less: Sold Properties in July3 (10,936) (10,936) Total Multifamily NOI as of 7/22/25 $209,556 $182,544 Commercial NOI4 4,732 3,792 Total NOI as of 7/22/25 $214,288 $186,336 Non-Strategic Assets Estimated Value of Remaining Land $134,194 Total Non-Strategic Assets6 $134,194 OTHER ASSETS TOTAL Cash and Cash Equivalents2 $10,887 Restricted Cash 18,581 Other Assets 47,430 Subtotal Other Assets $76,898 LIABILITIES & OTHER CONSIDERATIONS Operating – Consolidated Debt at Share5 $1,438,479 Operating – Unconsolidated Debt at Share 129,170 Other Liabilities 77,782 Revolving Credit Facility5 126,000 Term Loan5 - Preferred Units 9,294 Subtotal Liabilities & Other Considerations $1,780,725 OUTSTANDING SHARES7 Diluted Weighted Average Shares Outstanding for Q2 2025 (in 000s) 102,259 1. See Multifamily Operating Portfolio page in the Supplemental for more details. The Real Estate Portfolio table is reflective of the quarterly NOI annualized, including management fees. Displayed NOI values reflect the change in ownership % associated with consolidation of Sable (f.k.a. Jersey City Urby) from 85% to 100% and exclude NOI from Metropolitan at 40 Park due to the sale of our interest in April 2025. 2. Cash and cash equivalents as of July 22, 2025. 3. Signature Place contributed $1.1 million and 145 Front Street contributed $1.6 million in NOI for the second quarter of 2025. Both properties were sold in July and have been deducted from our NOI on an annualized basis at their respective former ownership levels of 100%. 4. See Commercial Assets and Developable Land page in the Supplemental for more details. 5. See Debt Summary and Maturity Schedule in the Supplemental for pro forma reconciliation. 6. The land values are VRE`s share of land value. For more details see Commercial Assets and Developable Land page in the Supplemental. 7. Outstanding shares for the quarter ended June 30, 2025 is comprised of the following (in 000s): 93,392 weighted average common shares outstanding, 8,619 weighted average Operating Partnership common and vested LTIP units outstanding, and (248) shares representing the dilutive effect of stock-based compensation awards. $ in Thousands A S O F J U LY 22, 2025

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 13 Our Competitive Advantage Class A Portfolio Newest Portfolio | Unparalleled Amenity Offering Highest Average Rent & Growth Rate Desirable Northeast Markets with Limited New Supply Leading Operating Platform Vertically Integrated & Highly Scalable | Customer Experience-Focused Innovative Use of Technology & AI Significant Capital Allocation Opportunities to Drive Growth Unconsolidated Joint Ventures | Land Bank | Value-Add Programs Experienced Team Management with Proven Track Record Seasoned Board | Best-in-Class Governance Focused on the Creation and Crystallization of Shareholder Value

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 14 2024 R A N K C O M PA N Y O R A S C O R E 2023 R A N K 1 Veris Residential (VRE) 85.94 1 2 BSR (BSRTF) 81.29 2 3 AvalonBay Communities (AVB) 77.66 5 4 Camden Property Trust (CPT) 77.27 4 5 MAA (MAA) 75.31 3 6 JBG Smith (JBGS) 74.22 7 7 Equity Residential (EQR) 72.14 8 8 Centerspace (CSR) 71.34 9 9 Nextpoint Residential (NREF) 71.09 6 10 Air Communities (AIRC) 67.38 13 11 Independent Realty Trust (IRT) 66.14 12 12 Elme Communities (ELME) 65.76 10 13 Essex Property Trust (ESS) 60.17 14 14 UDR (UDR) 54.37 15 15 Clipper Realty (CLPR) 46.88 N/A Top REITs by ORA L E A D I N G J T U R N E R ’ S O N L I N E R E P U TAT I O N A S S E S S M E N T

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 15 Technology without people is just circuits and code—but people partnered with technology forms the foundation for sustainable value creation. Prism, powered by people + tech, is our overarching approach to purposeful technology implementation, focused on solutions that drive measurable returns, rather than innovation for innovation’s sake. L E A R N M O R E AT PrismVRE.com We use technology to amplify our human talent, transforming operational friction points into opportunities while ensuring our technology evolves with the needs of our communities and residents.

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 16 Ancillary Information

Q2 2025 Q1 2025 Net Income (Loss) $11,843 $(13,730) Deduct: Management fees (766) (718) Loss (income) from discontinued operations 27 (136) Interest and other investment income (70) (25) Equity in (earnings) losses of unconsolidated joint ventures (526) (3,842) (Gain) loss on disposition of developable land (36,566) 156 Realized gains (losses) and unrealized gains (losses) on disposition of rental property, net 6,877 - (Gain) on sale of unconsolidated joint venture interests (5,122) - Other (income) expense, net (528) 105 Add: Property management 4,088 4,385 General and administrative 9,605 10,068 Transaction-related costs 1,570 308 Depreciation and amortization 22,471 21,253 Interest expense 24,604 22,960 Provision for income taxes 93 42 Land impairments and other impairments, net 12,467 3,200 Net Operating Income (NOI) $50,067 $44,026 Summary of Consolidated Multifamily NOI by Type (unaudited): Q2 2025 Q1 2025 Total Consolidated Multifamily - Operating Portfolio 47,316 42,326 Total Consolidated Commercial 1,183 595 Total NOI from Consolidated Properties (excl. unconsolidated JVs/subordinated interests) $48,499 $42,921 NOI (loss) from services, land/development/repurposing and other assets 1,675 1,250 Total Consolidated Multifamily NOI $50,174 $44,171 C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 17 DEFINITION OF NET OPERATING INCOME (NOI): NOI represents total revenues less total operating expenses, as reconciled to net income above. The Company considers NOI to be a meaningful non-GAAP financial measure for making decisions and assessing unlevered performance of its property types and markets as it relates to total return on assets, as opposed to levered return on equity. As properties are considered for sale and acquisition based on NOI estimates and projections, the Company utilizes this measure to make investment decisions, as well as compare the performance of its assets to those of its peers. NOI should not be considered a substitute for net income, and the Company’s use of NOI may not be comparable to similarly titled measures used by other companies. The Company calculates NOI before any allocations to noncontrolling interests, as those interests do not affect the overall performance of the individual assets being measured and assessed. Information About Net Operating Income (NOI) R E C O N C I L I AT I O N O F N E T I N C O M E ( LO S S ) T O N E T O P E R AT I N G I N C O M E ( N O I ) $ in Thousands

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 18 2025 2024 2025 2024 Net income (loss) available to common shareholders $10,904 $2,922 $ 205 $(981) Add/(Deduct): Noncontrolling interests in Operating Partnership 1,009 153 11 (370) Noncontrolling interests in discontinued operations (2) 122 9 277 Real estate-related depreciation and amortization on continuing operations 23,231 22,514 46,676 45,146 Real estate-related depreciation and amortization on discontinued operations - - - 668 Continuing operations: (Gain) loss on sale from unconsolidated joint ventures (5,122) - (5,122) (7,100) Continuing operations: Realized and unrealized (gains) losses on disposition of rental property, net 6,877 - 6,877 - Discontinued operations: Realized (gains) losses and unrealized (gains) losses on disposition of rental property, net - - - (1,548) FFO $36,897 $25,711 $48,656 $36,092 Add/(Deduct): (Gain)/Loss from extinguishment of debt, net - 785 - 785 Land and other impairments 12,467 - 14,067 - (Gain) loss on disposition of developable land (36,566) (10,731) (36,410) (11,515) Severance/Compensation-related costs (G&A) 1,352 236 1,520 1,873 Severance/Compensation-related costs (Property Management) 889 838 1,399 2,364 Amortization of derivative premium 878 886 1,962 1,790 Derivative mark-to-market adjustment 270 - 525 - Transaction-related costs 1,570 890 1,878 1,406 Core FFO $17,757 $18,615 $33,597 $32,795 FFO and Core FFO 1. Includes the Company’s share from unconsolidated joint ventures, and adjustments for noncontrolling interest of $0.9 million and $2.4 million for the three months ended June 30, 2025 and 2024, respectively, and $3.2 million and $5.1 million for the six months ended June 30, 2025 and 2024 respectively. Excludes non-real estate-related depreciation and amortization of $0.1 million and $0.2 million for each of the three months ended June 30, 2025 and 2024 respectively $0.3 million and $0.4 million for the six months ended June 30, 2025 and 2024, respectively. 2. Funds from operations is calculated in accordance with the definition of FFO of the National Association of Real Estate Investment Trusts (Nareit). See Non-GAAP Financial Definitions for information About FFO, Core FFO, AFFO, NOI & Adjusted EBITDA. 3. Accounting for the impact of Severance/Compensation related costs, General and Administrative expense was $8.2 million and $8.7 million for the three months ended June 30, 2025 and 2024, respectively, and $18.2 million and $18.2 million for the six months ended June 30, 2025 and 2024, respectively. 4. Accounting for the impact of Severance/Compensation related costs, Property Management expense was $3.2 million and $3.5 million for the three months ended June 30, 2025 and 2024, respectively, and $7.0 million and $7.2 million for the six months ended June 30, 2025 and 2024, respectively. 5. Includes the Company’s share from unconsolidated joint ventures of $2 thousand and $19 thousand for the three months ended June 30, 2025 and 2024, respectively, and $14 thousand and $38 thousand for the six months ended June 30, 2025 and 2024, respectively. 6. Represents the Company’s controlling interest portion of $15.7 million land and other impairment charge. T H R E E M O N T H S E N D E D J U N E 30, S I X M O N T H S E N D E D J U N E 30,$ in Thousands

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 19 Adjusted EBITDA 2025 2024 2025 2024 Core FFO (calculated on previous page) $17,757 $18,615 $33,597 $32,795 Deduct: Equity in (earnings) loss of unconsolidated joint ventures (526) (2,990) (4,368) (3,449) Equity in earnings share of depreciation and amortization (898) (2,417) (3,241) (5,142) Add: Interest expense 24,604 21,676 47,564 43,176 Amortization of derivative premium (878) (886) (1,962) (1,790) Derivative mark-to-market adjustment (270) - (525) - Recurring JV distributions 2,388 4,177 8,189 5,878 Income (loss) in noncontrolling interest in consolidated joint ventures, net of land and other impairments (149) (543) (674) (1,038) Redeemable noncontrolling interest 81 81 162 378 Income tax expense 93 176 136 258 Adjusted EBITDA $42,202 $37,889 $78,878 $71,066 T H R E E M O N T H S E N D E D J U N E 30, S I X M O N T H S E N D E D J U N E 30,$ in Thousands

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 20 Continued Balance Sheet Optimization Debt Strategy: • Maximizing operational flexibility • Actively managing debt maturity profile • Reducing leverage over time • Diversifying lender base and composition of debt Debt Maturity Schedule1 A S O F J U LY 22, 2025 Unused Revolver CapacityConsolidate Maturities Revolver $478 $314 $343 $174 2025 2026 2 2027 2028 2029 D E - L E V E R I N G , D E - R I S K I N G A N D M A X I M I Z I N G F L E X I B I L I T Y 1. This graphic reflects consolidated debt balances only. The loan encumbering The Emery at Overlook Ridge is represented with the 2026 maturities, as it features a contractual rate step- up in January 2026. 2. The Revolver and Unused Revolver Capacity are shown with the one-year extension option utilized on the facilities. On June 30, 2025, the Term Loan was fully drawn at $200 million but was fully repaid in July. As of July 22, 2025, all of the Company’s total pro forma debt portfolio (consolidated and unconsolidated) is hedged or fixed. The Company’s total pro forma debt portfolio has a weighted average interest rate of 4.86% and a weighted average maturity of 2.6 years. $303 $126 $ in Millions

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 21 The Veris Residential Team Ex ec ut ive Te am De pt . H ea ds Mahbod Nia Taryn Fielder Amanda Lombard Anna Malhari Chief Executive Officer General Counsel & Secretary Chief Financial Officer Chief Operating Officer Carmen DeGuida Lori Milo Karen Cusmano PJ Lefort SVP, CIO/CISO Information Technology Senior Vice President Human Resources Senior Vice President Sustainability & ESG Senior Vice President Operations Senior Vice President Operations & Asset Mgmt Nicole Jones Senior Vice President Marketing & Comms Jay Minchilli Brian Primost Senior Vice President Head of Investments A P R OV E N T R A C K R E C O R D O F VA LU E C R E AT I O N Heather Gamble Senior Vice President Chief Accounting Officer

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 22 Property Directory B LV D 401 401 Washington Blvd. Jersey City, NJ 07310 B LV D 425 425 Washington Blvd. Jersey City, NJ 07310 B LV D 475 475 Washington Blvd. Jersey City, NJ 07310 T H E C A P S TO N E AT P O RT I M P E R I A L 17 Avenue at Port Imperial West New York, NJ 07093 T H E E M E RY AT OV E R LO O K R I D G E 21 Quarry Lane Malden, MA 02148 H AU S25 25 Christopher Columbus Drive Jersey City, NJ 07302 L I B E RT Y TO W E R S 33 Hudson Street Jersey City, NJ 07302 T H E J A M E S 87 Madison Avenue Park Ridge, NJ 07656 P O RTS I D E I AT E A S T P I E R 40 East Pier Drive East Boston, MA 02128 P O RTS I D E I I AT E A S T P I E R 40 East Pier Drive East Boston, MA 02128 Q UA R RY P L A C E AT T U C K A H O E 64 Midland Place Tuckahoe, NY 10707 R I V E R H O U S E 9 AT P O RT I M P E R I A L 900 Avenue at Port Imperial Weehawken, NJ 07086 R I V E R H O U S E 11 AT P O RT I M P E R I A L 1100 Avenue at Port Imperial Weehawken, NJ 07086 R I V E R PA R K AT H A R R I S O N 201 Dey Street Harrison, NJ 07029 R I V E RT R A C E AT P O RT I M P E R I A L 11 Ave. at Port Imperial West New York, NJ 07093 S A B L E 200 Greene Street Jersey City, NJ 07310 S O H O LO F TS 273 16th Street Jersey City, NJ 07310 S TAT I O N H O U S E 701 2nd St NE Washington, DC 20002 T H E U P TO N AT S H O RT H I L L S 1 Fineran Way Short Hills, NJ 07078 145 Front Street in Worchester, MA, and Signature Place in Morris Plains, NJ, were sold in July 2025.

C O R P O R AT E P R E S E N TAT I O N, J U LY 23, 2025 | 23 Definitions AV E R A G E E F F E CT I V E M O N T H LY R E N T P E R H O M E represents the average effective rent (net of concessions) for in-place leases and the market rent for vacant homes. B L E N D E D N E T R E N TA L G R O W T H R AT E combines new lease and renewal lease growth rates. New lease growth rate refers to the difference in rent a new occupant of a unit is paying compared to the rent the unit’s previous occupant was paying on a net effective basis. Renewal lease growth rate refers to the increase or decrease in monthly rent in a renewed lease compared to the previous lease on a net effective basis. C O R E F F O A N D A D J U S T E D F F O (“A F F O”) Core FFO is defined as FFO, as adjusted for certain items to facilitate comparative measurement of the Company’s performance over time. Core FFO is presented solely as supplemental disclosure that the Company’s management believes provides useful information to investors and analysts of its results, after adjusting for certain items to facilitate comparability of its performance from period to period. Core FFO is a non-GAAP financial measures that is not intended to represent cash flow and is not indicative of cash flows provided by operating activities as determined in accordance with GAAP. As there is not a generally accepted definition established for Core FFO, the Company’s Core FFO may not be comparable to the Core FFO reported by other REITs. A reconciliation of net income per share to Core FFO and Adjusted FFO in dollars and per share are included in the financial tables accompanying our quarterly and annual filings. N E T D E BT-TO-E B I T D A (N O R M A L I Z E D) Adjusted Earnings Before Interest, Tax, Depreciation and Amortization (Normalized) (Adjusted EBTIDA (Normalized)): The Company defines Adjusted EBITDA (Normalized) as Adjusted EBITDA, adjusted to reflect the effects of non-recurring property transactions. In the case of acquisition properties, Adjusted EBITDA (Normalized) would be calculated based on Adjusted EBITDA plus the Company’s income (loss) for its ownership period annualized and included on a trailing twelve month basis. In the case of disposition properties, Adjusted EBITDA (Normalized) would be calculated based on Adjusted EBITDA minus the disposition property’s actual income (loss) on a trailing twelve month basis. In the case of joint venture transaction properties whereby the Company acquires a controlling interest and subsequently consolidates the acquired asset, Adjusted EBITDA (Normalized) would be calculated based on Adjusted EBITDA plus the actual income (loss) on a trailing twelve month basis in proportion to the Company’s economic interests in the joint venture as of the reporting date minus recurring joint venture distributions (the Company’s practice for EBITDA recognition for joint ventures). The Company presents Adjusted EBITDA (Normalized) because the Company believes that Adjusted EBITDA (Normalized) provides a more appropriate denominator for its calculation of the Net Debt-to- EBITDA ratio as it reflects the leverage profile of the Company as of the reporting date. Adjusted EBITDA (Normalized) should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity. N E T O P E R AT I N G I N C O M E (N O I) represents total revenues less total operating expenses, as reconciled to net income above. The Company considers NOI to be a meaningful non-GAAP financial measure for making decisions and assessing unlevered performance of its property types and markets as it relates to total return on assets, as opposed to levered return on equity. As properties are considered for sale and acquisition based on NOI estimates and projections, the Company utilizes this measure to make investment decisions, as well as compare the performance of its assets to those of its peers. NOI should not be considered a substitute for net income, and the Company’s use of NOI may not be comparable to similarly titled measures used by other companies. The Company calculates NOI before any allocations to non-controlling interests, as those interests do not affect the overall performance of the individual assets being measured and assessed. O R A™ score is an aggregate compilation of a property’s ratings across various review sites. Each month, J Turner Research monitors the online ratings of properties nationwide. Using a statistical model, a single score based on a scale of 0 to 100 is assigned to each property. S A M E S TO R E includes properties that were owned for the entirety of the years being compared and exclude properties under redevelopment or development and properties acquired, sold or classified as held for sale during the years being compared.

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