Business Wire | Jan 18, 2022 07:30AM EST

Urban Edge Properties Announces Tax Treatment of 2021 Dividend Distributions

Jan. 18, 2022

NEW YORK--(BUSINESS WIRE)--Jan. 18, 2022--Urban Edge Properties (NYSE:UE) announced today the tax treatment of the 2021 dividend distributions on shares of its common stock.

The federal income tax characteristics of the 2021 distributions paid with respect to Urban Edge Properties common stock (CUSIP #91704F104 and traded under ticker symbol UE) are as follows:

Distribution Type - Per share

Distribution ReturnRecord Payment Amount Ordinary Taxable Long Term ofDate Date Income^(1) Capital Gains Capital per share

3/15/ 3/31/ $0.15 $0.15 $0.00 $0.002021 2021

6/15/ 6/30/ $0.15 $0.15 $0.00 $0.002021 2021

9/15/ 9/30/ $0.15 $0.15 $0.00 $0.002021 2021

12/15/ 12/31/ $0.15 $0.15 $0.00 $0.002021 2021

2021 $0.60 $0.60 $0.00 $0.00 Totals

1. The 2021 Taxable Ordinary Dividends are treated as "qualified REIT dividends" for purposes of Internal Revenue Code section 199A.

Shareholders are advised to consult their tax advisor about the specific tax treatment of Urban Edge's 2021 dividends.

ABOUT URBAN EDGE PROPERTIES

Urban Edge Properties is a NYSE-listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 75 properties totaling 17.0 million square feet of gross leasable area.

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CONTACT: Mark Langer, EVP and Chief Financial Officer (212) 956-0082