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Phillips Edison & Company Announces Tax Reporting Information for 2024 Distributions

1. PECO reported tax information for 2024 stock distributions. 2. Total distribution per share is $0.0975 from January to August 2024. 3. Grocery anchors include major retailers like Kroger and Publix. 4. PECO manages 311 shopping centers across 31 states. 5. Focus on omni-channel shopping experiences drives community improvement.

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FAQ

Why Bullish?

Strong distributions signal positive cash flow, supporting stock price stability.

How important is it?

Dividend stability influences investor confidence and stock valuation significantly.

Why Short Term?

Immediate distributions may attract investors, impacting price soon.

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KRGREGSPG
January 17, 2025 16:05 ET  | Source: Phillips Edison & Company, Inc. CINCINNATI, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced its tax reporting information for the 2024 distributions to holders of its common stock. The tax reporting information as it will be reported on Form 1099-DIV, on a per share basis, is as follows: Nasdaq-Listed Common Shares; CUSIP 71844V201 Record DatePayable DateTotal Distribution per ShareOrdinary DividendsTotal Capital Gain DistributionUnrecaptured Section 1250 Gain (1)Return of Capital (Nontaxable Distribution)Section 199A Distributions 12/15/20231/2/20240.0975000.075454--0.0220460.0754541/16/20242/1/20240.0975000.075454--0.0220460.0754542/15/20243/1/20240.0975000.075454--0.0220460.0754543/15/20244/1/20240.0975000.075454--0.0220460.0754544/15/20245/1/20240.0975000.075454--0.0220460.0754545/15/20246/4/20240.0975000.075454--0.0220460.0754546/17/20247/2/20240.0975000.075454--0.0220460.0754547/15/20248/1/20240.0975000.075454--0.0220460.0754548/15/20249/4/20240.0975000.075454--0.0220460.0754549/16/202410/1/20240.1025000.079324--0.0231760.07932410/15/202411/1/20240.1025000.079324--0.0231760.07932411/15/202412/3/20240.1025000.079324--0.0231760.079324         (1) Represents additional characterization of amounts included in Total Capital Gain Distribution Pursuant to U.S. Treas. Reg. §1.1061-6(c), the Company reports that for purposes of §1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three-Year Amounts Disclosure are $0.00 with respect to direct and indirect holders of “applicable partnership interests.” Connect with PECOFor additional information, please visit https://www.phillipsedison.com/ Follow PECO on:Twitter at https://twitter.com/PhillipsEdison   Facebook at https://www.facebook.com/phillipsedison.coInstagram at https://www.instagram.com/phillips.edison/; and Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company About Phillips Edison & CompanyPhillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of September 30, 2024, PECO managed 311 shopping centers, including 290 wholly-owned centers comprising 32.9 million square feet across 31 states and 21 shopping centers owned in two institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time. PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Investors Phillips Edison & Company, Inc. InvestorRelations@phillipsedison.com

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