Camden Property Trust Announces Tax Characteristics of 2024 Distributions

Camden Property Trust (NYSE:CPT), an S&P 500 Company, has announced the income tax characteristics of its 2024 distributions paid to shareholders. The Company is releasing this information to aid banks, brokerage firms, and institutional investors that are required to issue Forms 1099 to their account holders. The final classifications of the distributions for 2024 are as follows:

| Record Date | Payment Date | Total Distribution Per Share | Ordinary Taxable Dividends | Qualified Dividends | Long Term Capital Gain Sec. 1250 Gain 25% Rate | Section 897(h) Gain | Section 199A Dividends |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 3/29/24 | 4/17/24 | $1.030000 | $0.822523 | $0.010901 | $0.207477 | $0.075189 | $0.179177 | $0.811622 |
| 6/28/24 | 7/17/24 | $1.030000 | $0.822523 | $0.010901 | $0.207477 | $0.075189 | $0.179177 | $0.811622 |
| 9/30/24 | 10/17/24 | $1.030000 | $0.822523 | $0.010901 | $0.207477 | $0.075189 | $0.179177 | $0.811622 |
| 12/18/24 | 1/17/25 | $1.030000 | $0.822523 | $0.010901 | $0.207477 | $0.075189 | $0.179177 | $0.811622 |

The tax treatment of these dividends by state and local authorities may vary from the federal treatment. Because federal and state tax laws affect taxpayers differently, the Company cannot advise shareholders how dividends should be reported on their tax returns. The Company encourages shareholders to consult their own tax advisors for the income tax consequences of the dividend payments outlined above.

In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates, and projections about the industry and markets in which Camden operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict. Factors which may cause the Company’s actual results or performance to differ materially from those contemplated by forward-looking statements are described under the heading "Risk Factors" in Camden’s Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission (SEC). Forward-looking statements made in today’s press release represent management’s current opinions at the time of this publication, and the Company assumes no obligation to update or supplement these statements because of subsequent events.

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States. Upon completion of 5 properties currently under development, the Company’s portfolio will increase to 59,996 apartment homes in 177 properties. Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 17 consecutive years, most recently ranking #24.

In conclusion, Camden Property Trust has announced the income tax characteristics of its 2024 distributions, providing shareholders with important information regarding the tax treatment of their dividends. Investors should consult with their tax advisors to understand the implications of these distributions on their personal tax situation. The Company's forward-looking statements reflect its confidence in the multifamily apartment market and its commitment to creating value for shareholders. As an S&P 500 Company, Camden Property Trust continues to be a strong performer in the real estate sector, with a track record of excellence in employee satisfaction and growth.