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JBG SMITH Reports Taxable Composition of 2024 Distributions

1. JBG SMITH announced 2024 common share distribution tax treatment. 2. Total distribution per share for 2024 is $0.875 with dividend breakdown. 3. Key projects driving growth include Amazon's HQ and Virginia Tech campus. 4. 75% of holdings are in the National Landing submarket, a growth area. 5. The company has a development pipeline of 9.3 million square feet.

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Why Bullish?

The announced distributions reflect a stable income stream, likely attracting investors. Stable dividends can positively influence stock perception, similar to past dividend announcements boosting other REIT stocks.

How important is it?

Dividend announcements and tax treatment directly impact investor decisions and stock performance. High importance due to the direct influence on JBGS's appeal to income-focused investors.

Why Long Term?

The effects of announced distributions and growth projects will show in the long term. Historical patterns indicate sustained growth in REITs following consistent dividend policies.

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AMZNVT
BETHESDA, Md.--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today announced the tax treatment of the Company's 2024 distributions on its common shares. The income allocations as they will be reported on Form 1099-DIV are set forth in the following table. JBG SMITH recommends consultation with a tax advisor regarding the federal, state, and local income tax consequences of these distributions. Common Shares – CUSIP number 46590V100 Distribution Per Share 2024 Tax Treatment Record Date Payable Date Total Taxable in 2024 Taxable in 2025 Total Ordinary Dividends Qualified Dividends Total Capital Gain Distributions Non-Dividend Distribution Section 199A Dividends Form 1099-Div Box: 1a 1b 2a 3 5 03/01/2024 03/15/2024 $ 0.175 $ 0.175 $ 0.000 $ 0.135 $ 0.042 $ 0.000 $ 0.040 $ 0.093 05/10/2024 05/24/2024 $ 0.175 $ 0.175 $ 0.000 $ 0.135 $ 0.042 $ 0.000 $ 0.040 $ 0.093 08/07/2024 08/21/2024 $ 0.175 $ 0.175 $ 0.000 $ 0.135 $ 0.042 $ 0.000 $ 0.040 $ 0.093 11/07/2024 11/22/2024 $ 0.175 $ 0.175 $ 0.000 $ 0.135 $ 0.042 $ 0.000 $ 0.040 $ 0.093 12/30/2024 01/14/2025 $ 0.175 $ 0.000 $ 0.175 $ 0.000 $ 0.000 $ 0.000 $ 0.000 $ 0.000 Totals: $ 0.875 $ 0.700 $ 0.175 $ 0.540 $ 0.168 $ 0.000 $ 0.160 $ 0.372 About JBG SMITH JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area. Approximately 75.0% of JBG SMITH's holdings are in the National Landing submarket in Northern Virginia, which is anchored by four key demand drivers: Amazon's new headquarters; Virginia Tech's under-construction $1 billion Innovation Campus; the submarket’s proximity to the Pentagon; and our retail and digital placemaking initiatives and public infrastructure improvements. JBG SMITH's dynamic portfolio currently comprises 13.1 million square feet of high-growth multifamily, office and retail assets at share, 98% of which are Metro-served. It also maintains a development pipeline encompassing 9.3 million square feet of mixed-use, primarily multifamily, development opportunities. JBG SMITH is committed to the operation and development of green, smart, and healthy buildings and plans to maintain carbon neutral operations annually. For more information on JBG SMITH please visit www.jbgsmith.com.

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