UDR · UDR, Inc. · Investor Relations

UDR, Inc. (the “Company”) (NYSE: UDR ), a leading multifamily real estate investment trust, announced today that it has raised its full-year 2026 guidance ranges for Net Income and Funds From Operations as Adjusted (“FFOA”) per diluted share, and provided preliminary results for the quarter ended September 30, 2026. This update is provided in conjunction with the Company’s separate announcement of the expected formation of a $2.0 billion strategic partnership with Apollo . Preliminary Third Quarter 2026 Results and Outlook (1) The Company expects Net Income per diluted share for the third quarter 2026 will be $0.67, which compares to the previously provided guidance range of $0.13 to $0.15 per diluted share. Furthermore, the Company expects FFOA per diluted share for the third quarter 2026 will be $0.65, which represents the high-end of the previously provided guidance range of $0.63 to $0.65 per diluted share. As shown in the table below, the Company has

UDR, Inc. (NYSE: UDR ), a multifamily real estate investment trust, and Apollo (NYSE: APO) today announced their intention to form a new, long-term joint venture involving a diversified portfolio of apartment communities. The joint venture will own a portfolio of 19 high-quality communities totaling 7,059 apartment homes and valued at approximately $2.0 billion. Under the terms of the transaction, UDR will continue to operate and manage the portfolio for which it will earn an asset management fee. Apollo-managed funds and affiliates (“Apollo”) will invest $1.34 billion of equity capital into a newly established joint venture, acquiring an approximate two-thirds interest. UDR will retain a one-third interest and consolidate the joint venture. The transaction, once completed, is expected to imply a capitalization rate of approximately 6.0% for a portfolio with average revenue per home of $2,058 and an age of 39 years. UDR will also retain an option to repurchase Apollo’s interest in the

UDR, Inc. (the “Company”) (NYSE: UDR ), announced today its second quarter 2026 results. Net Income, Funds from Operations (“FFO”), and FFO as Adjusted (“FFOA”) per diluted share for the quarter and year-to-date periods ended June 30, 2026, are detailed below. Metric Quarter Ended June 30 Year-to-Date Ended June 30 2026 2025 2026 2025 Net Income per diluted share $0.21 $0.11 $0.79 $0.34 FFO per diluted share $0.60 $0.61 $1.23 $1.19 FFOA per diluted share $0.64 $0.64 $1.25 $1.25 Same-Store (“SS”) results for the second quarter 2026 versus the second quarter 2025 and the first quarter 2026 as well as year-to-date 2026 versus year-to-date 2025 are summarized below. SS Growth / (Decline) Year-Over-Year (“YOY”): 2Q 2026 vs. 2Q 2025 Sequential: 2Q 2026 vs. 1Q 2026 Year-to-Date (YTD) YOY: 2026 vs. 2025 Revenue 1.8% 1.4% 1.3% Expense 2.6% (3.9)% 3.5% Net Operating Income (“NOI”) 1.4% 4.0% 0.3% “Leasing strength in 2026 is tracking ahead of our initial expectations, resulting in second quarter

UDR, Inc. (the “Company”) (NYSE: UDR ), announced today its fourth quarter and full-year 2025 results, and has posted a related Investor Presentation to its website at ir.udr.com . Net Income, Funds from Operations (“FFO”), and FFO as Adjusted (“FFOA”) per diluted share for the quarter and full-year ended December 31, 2025, are detailed below. Quarter Ended December 31 Metric 4Q 2025 Actual 4Q 2025 Guidance 4Q 2024 Actual $ Change vs. Prior Year Period % Change vs. Prior Year Period Net Income per diluted share $0.67 $0.13 to $0.15 $(0.02) $0.69 N/A FFO per diluted share $0.62 $0.63 to $0.65 $0.48 $0.14 29% FFOA per diluted share $0.64 $0.63 to $0.65 $0.63 $0.01 2% Full-Year (“FY”) Ended December 31 Metric FY 2025 Actual FY 2025 Guidance FY 2024 Actual $ Change vs. Prior Year Period % Change vs. Prior Year Period Net Income per diluted share $1.13 $0.57 to $0.59 $0.26 $0.87 335% FFO per diluted share $2.43 $2.44 to $2.46 $2.29 $0.14 6% FFOA per diluted share $2.54 $2.53

UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, reported today the tax status of its 2025 distributions paid to shareholders. The following table summarizes the nature of these cash distributions per share and provides the appropriate Form 1099-DIV box number: Record Date Payment Date Distribution Per Share Box 1a Total Ordinary Dividends Box 1b Qualified Dividends1 Box 2a Total Capital Gain Distr. Box 2b Unrecaptured Sec. 1250 Gain2 Box 2e Sec. 897 Ordinary Dividends1 Box 2f Sec. 897 Capital Gain2 Box 3 Nondividend Distributions Box 5 Sec. 199A Dividends1 Common Shares: 1/10/2025 1/31/2025 $0.425000 $0.352993 $0.000015 $0.072007 $0.028103 $0.071105 $0.058234 $0.000000 $0.352978 4/10/2025 4/30/2025 $0.430000 $0.357146 $0.000016 $0.072854 $0.028433 $0.071941 $0.058919 $0.000000 $0.357130 7/10/2025 7/31/2025 $0.430000 $0.357146 $0.000016 $0.072854 $0.028433 $0.071941 $0.058919 $0.000000 $0.357130 10/9/2025 10/31/2025 $0.430000 $0.357146