Phillips Edison mpany : Citi’s 2025 Investor Presentation

PECO

March 2025

Citi's 2025

Global Property

CEO Conference

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PECO | NASDAQ LISTED

PECO at a Glance

Source:

Company data as of December 31, 2024; Dividend yield as of December 31, 2024 and is based on an annualized rate of $1.23 per share

1. For non-GAAP reconciliations, refer to the Company's latest quarterly financial supplement or Form 10-K

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PECO | NASDAQ LISTED

PECO's Focused and Differentiated Strategy

Source:

Company data as of December 31, 2024

1. For non-GAAP reconciliations, refer to the Company's latest quarterly financial supplement or Form 10-K

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PECO | NASDAQ LISTED

PECO Continues to Deliver Market-Leading

Operating and Financial Results

Note:

Unless otherwise noted peers include BRX, KIM, KRG, REG, FRT and AKR Sources:

As reported in PECO and Peer company filings unless otherwise noted

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PECO | NASDAQ LISTED

PECO Continues to Deliver Market-Leading

Operating and Financial Results

Note:

Unless otherwise noted peers include BRX, KIM, KRG, REG, FRT and AKR Sources:

As reported in December 31, 2024 PECO and Peer company filings unless otherwise noted

.

.

1.

Includes exercise of options

3.

Peer group includes BRX, KRG and IVT

2.

Other companies may define/calculate differently than PECO. Accordingly,

4.

Company filings as of December 31, 2024

such data for these companies and PECO may not be comparable

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PECO | NASDAQ LISTED

PECO's Cycle-Tested

Management Team

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PECO | NASDAQ LISTED

How PECO Defines Quality

PECO's focus on the #1 or #2

PECO retains a healthy and

grocer is well-positioned in the

diverse mix of National,

market with a Locally Smart®

Regional and Local Neighbors

merchandising mix and ~50%

who run successful businesses

of ABR in the Sun Belt states

and support our ability to grow

and growing U.S. cities.

rents at attractive rates.

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PECO | NASDAQ LISTED

PECO Delivers Regular Income and Strong Returns

Sources:

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PECO | NASDAQ LISTED

PECO's Delivers Sustainable

Dividend Growth

Historical and Projected Dividend Distributions(1)

$1.02

$1.08

$1.12

$1.17

$1.23

2021

2022

2023

2024

2025

Source:

Grocery-Anchored Portfolio

Disclaimer

Phillips Edison & Co. Inc. published this content on March 03, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 03, 2025 at 04:55:07.395.