PR Newswire | Jan 19, 2021 04:31PM EST

01/19 15:30 CST

QTS Realty Trust, Inc. Announces Tax Allocations of Dividend Distributions OVERLAND PARK, Kan., Jan. 19, 2021

OVERLAND PARK, Kan., Jan. 19, 2021 /PRNewswire/ -- QTS Realty Trust (NYSE: QTS), a leading provider of software-defined and mega scale data center solutions, announced today the tax allocations of 2020 dividend distributions on its common and preferred shares.

The tables included in this press release as exhibits provide the tax treatment of dividends on QTS Realty Trust common stock and preferred stock for 2020.

For shareholders of QTS Realty Trust, Inc., the Form 1099-DIV summarizes the allocation of 2020 dividends. The amounts indicated on Form 1099-DIV should be reported on shareholders' 2020 federal income tax returns. The exhibits below, presented on a per share basis, are provided for informational purposes only and should only be used to clarify the Form 1099-DIV. The information below has been prepared using the best available information to date. QTS Realty Trust's federal income tax return for the year ended December 31, 2020 has not yet been filed.

Exhibit ATax Treatment of 2020 Common Stock Dividends

QTS Realty Trust, Inc. (NYSE: QTS)Common Stock DividendsCUSIP # 74736A 103

Please note that the January 7, 2020 common share distribution is included in the tax allocation for 2020 and the January 7, 2021 common share distribution will be included in the tax allocations for 2021.

Form 1099 Box 1a Form 1099 Box 3 Form 1099 Box 5Security Record Date Payable Date Total DistributionDescription Per Share 2021 2020 Ordinary Dividends Nondividend Section 199A Dividends (Next Year) (Current Year) Distributions (1)

QTS RealtyTrust, IncClass A 12/20/2019 01/07/2020 $0.440000 $0.000000 $0.440000 $0.372152 $0.067848 $0.372152CommonStock

QTS RealtyTrust, IncClass A 03/20/2020 04/07/2020 $0.470000 $0.000000 $0.470000 $0.397526 $0.072474 $0.397526CommonStock

QTS RealtyTrust, IncClass A 06/19/2020 07/07/2020 $0.470000 $0.000000 $0.470000 $0.397526 $0.072474 $0.397526CommonStock

QTS RealtyTrust, IncClass A 09/18/2020 10/06/2020 $0.470000 $0.000000 $0.470000 $0.397526 $0.072474 $0.397526CommonStock

QTS RealtyTrust, IncClass A 12/22/2020 01/07/2021 $0.470000 $0.470000 $0.000000 $0.000000 $0.000000 $0.000000CommonStock

TOTAL $2.320000 $0.470000 $1.850000 $1.564730 $0.285270 $1.564730

(1) Represents a return of stockholders' original investment.

Exhibit BTax Treatment of 2020 Series A Preferred Stock Dividends

QTS Realty Trust, Inc. (NYSE: QTS)Series A Preferred Stock DividendsCUSIP # 74736A 202

Please note that the January 15, 2021 series A preferred share distribution has been included in the tax allocations for 2020.

Form 1099 Box 1a Form 1099 Box 3 Form 1099 Box 5Security Record Date Payable Date Total DistributionDescription Per Share 2021 2020 Ordinary Dividends Nondividend Section 199A Dividends (Next Year) (Current Year) Distributions (1)

QTS RealtyTrust, IncSeries A 03/31/2020 04/15/2020 $0.445313 $0.000000 $0.445313 $0.445313 $0.000000 $0.445313PreferredStock

QTS RealtyTrust, IncSeries A 06/30/2020 07/15/2020 $0.445313 $0.000000 $0.445313 $0.445313 $0.000000 $0.445313PreferredStock

QTS RealtyTrust, IncSeries A 09/30/2020 10/15/2020 $0.445313 $0.000000 $0.445313 $0.445313 $0.000000 $0.445313PreferredStock

QTS RealtyTrust, IncSeries A 12/31/2020 01/15/2021 $0.445313 $0.000000 $0.445313 $0.445313 $0.000000 $0.445313PreferredStock

TOTAL $1.781250 $0.000000 $1.781250 $1.781250 $0.000000 $1.781250

(1) Represents a return of stockholders' original investment.

Exhibit CTax Treatment of 2020 Series B Cumulative Convertible Preferred Stock Dividends

QTS Realty Trust, Inc. (NYSE: QTS)Series B Preferred Stock DividendsCUSIP # 74736A 301

Please note that the January 15, 2021 series B cumulative convertible preferred share distribution has been included in the tax allocations for 2020.

Form 1099 Box 1a Form 1099 Box 3 Form 1099 Box 5Security Record Date Payable Date Total DistributionDescription Per Share 2021 2020 Ordinary Dividends Nondividend Section 199A Dividends (Next Year) (Current Year) Distributions (1)

QTS RealtyTrust, IncSeries B 03/31/2020 04/15/2020 $1.625000 $0.000000 $1.625000 $1.625000 $0.000000 $1.625000ConvertiblePreferredStock

QTS RealtyTrust, IncSeries B 06/30/2020 07/15/2020 $1.625000 $0.000000 $1.625000 $1.625000 $0.000000 $1.625000ConvertiblePreferredStock

QTS RealtyTrust, IncSeries B 09/30/2020 10/15/2020 $1.625000 $0.000000 $1.625000 $1.625000 $0.000000 $1.625000ConvertiblePreferredStock

QTS RealtyTrust, IncSeries B 12/31/2020 01/15/2021 $1.625000 $0.000000 $1.625000 $1.625000 $0.000000 $1.625000ConvertiblePreferredStock

TOTAL $6.500000 $0.000000 $6.500000 $6.500000 $0.000000 $6.500000

(1) Represents a return of stockholders' original investment.

About QTS

QTS Realty Trust, Inc. (NYSE: QTS) is a leading provider of data center solutions across a diverse footprint spanning more than 7 million square feet of owned mega scale data center space within North America and Europe. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities. Visit QTS at www.qtsdatacenters.com, call toll-free 877.QTS.DATA or follow on Twitter @DataCenters_QTS.

Investor Relations Contact:Stephen Douglas, EVP Financeir@qtsdatacenters.com

Media Contact:Carter B. Cromley(703) 861-7245carter.cromley@qtsdatacenters.com

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SOURCE QTS Realty Trust, Inc.