Alexandria Real Estate Equities, Inc. Recognized for Continued ESG Leadership and Performance in the 2021 GRESB Assessment

PASADENA, Calif., Oct. 15, 2021

"We are very proud of our continued recognition as an ESG leader. Our 2021 GRESB achievements reinforce our team's long-term purposeful approach to continually advance our robust ESG initiatives, including our implementation of sustainable design, construction and operational approaches that reduce carbon emissions; our mitigation of climate risk; our promotion of the health and well-being of our tenants and employees; and our community enhancement efforts," said Dean A. Shigenaga, president and chief financial officer of Alexandria Real Estate Equities, Inc. "As a trusted partner to many of the world's most innovative entities, we are focused on deepening these partnerships to support our tenants' sustainability goals. Our unwavering and ambitious commitment to highly sustainable and climate-resilient buildings can be seen in our latest collaboration with Moderna to create their future headquarters and core R&D facility at 325 Binney Street in Cambridge."

Notable endeavors and accomplishments that contributed to Alexandria's 2021 GRESB results include:

• Pioneering net-zero energy building design, including at 325 Binney Street — designed to be the most sustainable laboratory building in Cambridge — which is targeting LEED Platinum Core & Shell and LEED Zero Energy, and at 685 Gateway Boulevard in South San Francisco, which is on pace to achieve Zero Energy Certification through the International Living Future Institute;
• Managing climate risk in alignment with the Task Force on Climate-related Financial Disclosures (TCFD) guidelines by assessing and mitigating physical risks to its properties and monitoring and preparing for transition risks;
• Certifying or targeting more than 13 million RSF of its operating asset base with LEED certifications as of December 31, 2020, and meeting its target for LEED Gold or Platinum certification on new ground-up developments;
• Actively using the Embodied Carbon in Construction Calculator (EC3) tool to measure and reduce embodied carbon;
• Demonstrating progress toward its 2025 environmental goals for carbon, energy, water and waste, including bringing its like-for-like total carbon emissions reduction to 19.6% relative to a 2015 baseline;
• Becoming the first company to achieve a Fitwel Viral Response Certification with Distinction, the highest designation within the Fitwel module; and
• Earning its fourth consecutive and sixth overall Gold Award Nareit Gold Investor CARE (Communications and Reporting Excellence) Award in the Large Cap Equity REIT category for superior shareholder communications and reporting excellence.

"GRESB Sector Leaders are the organizations that are setting the pace and driving progress toward a net zero future. We are proud to recognize your determination, achievement and leadership in creating a more sustainable world," said Sebastien Roussotte, chief executive officer of GRESB.

To learn more about Alexandria's comprehensive ESG program, please see its 2020 ESG Report, which is available on the Corporate Responsibility page of the company's website.

About Alexandria Real Estate Equities, Inc.

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500^® urban office REIT, is the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster locations, with a total market capitalization of $36.3 billion as of June 30, 2021, and an asset base in North America of 58.1 million SF. The asset base in North America includes 36.7 million RSF of operating properties and 3.4 million RSF of Class A properties undergoing construction, 7.7 million RSF of near-term and intermediate-term development and redevelopment projects and 10.3 million SF of future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech and technology campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity and success. Alexandria also provides strategic capital to transformative life science, agtech and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns and greater long-term asset value. For additional information on Alexandria, please visit www.are.com.