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Alexandria Real Estate Equities, Inc. Releases 2024 Corporate Responsibility Report

Alexandria Real Estate Equities, Inc. (NYSE: ARE), a pioneering leader in the life science real estate sector, has published its 2024 Corporate Responsibility Report. This report represents the eighth installment of Alexandria’s commitment to fostering ecosystems that promote human health and environmental sustainability.

The report outlines Alexandria’s innovative and forward-thinking approach to sustainability, emphasizing the urgency of addressing the staggering number of diseases that remain untreated. With over 10,000 known diseases and a significant percentage lacking effective therapies, Alexandria's Labspace® infrastructure is crucial for life science innovations that aim to improve health outcomes and enhance quality of life.

Eleni Reed, Senior Vice President and Head of Sustainability at Alexandria, remarked, "Our pioneering efforts over the past three decades have not only positioned us as leaders in life science real estate but have also allowed us to create spaces where innovative companies can thrive. Our partnerships with global leaders, such as Bristol Myers Squibb and Eli Lilly, highlight our role in advancing sustainability as well as the importance of fostering the well-being of employees in these vital sectors."

Key Highlights from the Report

The report shares several achievements and advancements that Alexandria has made towards its sustainability goals:

1. Revenue from Certified Properties: By the end of 2024, Alexandria has generated 54% of its annual rental income from 95 properties that are either LEED certified or targeting certification. This milestone indicates a robust commitment to green building practices.

2. Reduction in GHG Emissions: Alexandria has achieved an 18% reduction in greenhouse gas emissions intensity from 2022 to 2024, moving closer to its objective of a 30% decrease by 2030 based on a 2022 baseline.

3. Recognition and Awards: The company has received the 2024 Nareit Sustainable Design Impact Award for its innovative use of alternative energy sources, including geothermal energy and wastewater heat recovery systems, aimed at reducing operational emissions in key locations like Boston and Seattle.

4. GRESB Green Star: Alexandria has been awarded the GRESB Green Star designation for the eighth consecutive year, along with an 'A' disclosure score for sustainability transparency for the seventh straight year. This achievement underscores their best-in-class approach to sustainability reporting.

5. Addressing Mental Health Issues: Alexandria is actively participating in initiatives to address the national mental health crisis. They have partnered with the Foundation for the National Institutes of Health to develop biomarkers that influence treatment outcomes related to depression, showcasing their proactive approach to social issues.

6. Supporting STEM Education: Alexandria has reinforced its commitment to education by opening a state-of-the-art learning lab at the Fred Hutch Cancer Center, dedicated to inspiring future scientists. This facility, designed in collaboration with Fred Hutch, officially opened its doors in May 2025.

The full Corporate Responsibility Report can be accessed on Alexandria's official website, showcasing their continuous dedication to enhancing both societal welfare and environmental health.

About Alexandria Real Estate Equities, Inc.

Founded in 1994, Alexandria Real Estate Equities, Inc., is a mission-driven leader in life science real estate. They specialize in developing collaborative Megacampus™ ecosystems in top life science innovation hubs like Greater Boston, San Diego, and New York City. Boasting a market capitalization of $28.8 billion as of March 31, 2025, Alexandria is committed to creating environments that catalyze innovation and economic growth while ensuring a beneficial impact on public health and the ecosystem.

For further information about Alexandria, visit www.are.com.