Gables Residential Third-Party Management Services

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Third Party Management Services

Taking Care of the Way You Do Business

History, Culture & Contribution

HISTORICAL TIMELINE a lasting impact…

Established in 1982, Gables Residential is a privately held owner and developer of multifamily and mixed-use communities. We own, manage and have under development third-party operations for approximately 115 assets with nearly 30,000 units and 750,000 square feet of retail. Gables evolved from an umbrella partnership REIT into a private company when ING Clarion, Lehman Brothers, and other investors agreed to buy the company for $2.8 billion in October 2005. In 2014, our close-ended fund that took the company private was coming to a close. Clarion Partners and a group of investors acquired Gables Residential in 2015 for $3.2 billion and converted the company into a perpetual life vehicle.

THIRD PARTY SERVICES

Taking Care of the Way You do Business…

Entrusting a company with your assets is more than just a business transaction — it’s the start of a powerful partnership. We realize that choosing the right management team is vital to the value and return on your investment. Our reputation as a thirdparty management company speaks for itself, with over 40 years of experience and approximately 50% of our portfolio is made up of third-party communities.

Acquisitions Houston, Austin, & TCR South Florida Division

Public REIT formed creating Gables Residential Trust 1998 Atlanta Based 1982

Entered Metro D.C. Market

Acquired Dupont Circle & Purchased HG Smithy Management Company

1994

2001

2005 company overview

ING Clarion acquired Gables creating Lions Gables Apartment Closed-ended fund

Fund closes, Clarion acquires Gables with new investors for $3.2 billion

2015 - present

AT THE CORE

…values are the foundation

The mission is simple and clear: “Taking Care of the Way You Live ™”

It speaks first to our residents, but it has equal relevance to our hard-working associates, our clients and our investors. When we take care of our residents, we take care of our company.

To fulfill this mission, we stay true to core values:

Extraordinary quality and service for our residents

Unparalleled employment experiences for our associates

Utmost integrity and value for our investors and customers

Enduring contributions to our local community

These values are embedded in our culture. They are also absolute; in that they never waver. Most of all, they remind us daily as to what we mean by “Taking Care of the Way You Live™.”

GABLES SEAPORT | BOSTON, MA

POSSIBLE BECAUSE OF our people…

Gables Residential has a deep history of Taking Care. We take care of our residents, our assets, our investors, and our Third-Party clients. Our story is possible because of our people.

Investing in the well-being of our associates continues to pay off. They are the front lines of every community, the first impression for prospects and the ever-present resource for residents. They are our Gables associates and taking care of them is a high priority for our company.

With 900+ associates at Gables, our noteworthy tenure at all levels reaffirms our people-focused culture. On average:

OVERALL TENURE: 5.59 YEARS

LEADERSHIP TENURE: 12.8 YEARS

ONSITE TENURE: 4.39 YEARS

REGIONAL MANAGER TENURE: 10.36 YEARS

COMMUNITY MANAGER TENURE: 5.65 YEARS

company overview
PARK 5940 MD | DALLS, TX history, culture & contributions

THE ESG OF GABLES

environmental, social and governance practices define our sustainability approach… Gables’ sustainability strategy is reflected in the daily practices of the investment, operations and corporate teams. We set policies and standard operating procedures (SOPs) to establish accountability, standards and consistency across the Gables portfolio.

Environmental

• Commit to newly established sustainability goals for 2030 in recycling, renewable energy, greenhouse gas reduction, water usage and energy usage

• Plan and implement energy, GHG emissions, water and waste management programs including benchmarking (measurement), project identification and implementation and performance standards

• Assess opportunities for renewable energy generation

• Pursue green building certifications on all new developments

S ocial

• Engage and educate associates to help i mplement initiatives for company sustainability goals and objectives

• Provide a safe work environment and promote associate health and wellness through innovative programs and services

• Provide sustainable and healthy communities for our residents through development and operating practices, programs and policies and health and wellness certifications

• Engage with suppliers who work to minimize their environmental impact through their own sustainability commitments and initiatives

Governance

• Maintain focus of senior leadership and board on ESG issues

• Protect asset value and prevent disruption to business operations by assessing climate transition, social and physical risks

• Increase transparency by communicating and reporting sustainability efforts and progress to stakeholders in our annual corporate sustainability report and ongoing participation in Global Real Estate Sustainability Benchmark (GRESB)

• Work with an independent source to ev aluate Gables’ metrics relating to environmental performance

history, culture & contributions

Pets are a beloved part of our communities, too

GIVING BACK

commitment to our greater community…

Community service is at the very root of Gables’ corporate culture. Our continuous dedication to the spirit of ongoing volunteerism ingrained throughout our company makes a lasting impact on the communities we serve, and in turn instills a lasting purpose in our associates. Since 2000, our associates company-wide participated in our annual Gables Day — a full day dedicated to community service projects in each of our regions.

Our love for pets reaches beyond our communities to support animal-centric charities. Guardian Angels Medical Service Dogs is one such charity. Guardian Angels pairs trained medical service dogs with military veterans and disabled individuals across the country. In 2020, the generosity of residents and associates helped raise $25,000 to sponsor future service dog — Nova.

Take The Day Off and Serve

$2,007,092 raised in donations & Over 167,443 hours volunteered since 2000

social initiatives

In 2020 every Gables associate was called to take a day of their choosing to serve a charity of their choosing to impact change or provide meaningful Care to their local community.

OUR DAY FEEDING A CITY

My volunteer day was helping the Feed the City food distribution. It was an amazing day! We packed boxes of food for over 500 families. I worked alongside my two grandsons. We worked hard for 5 hours, but it was such a rewarding experience. Since that day, we have volunteered three more times on the weekends. We will continue to help, whenever we can.

- Patti Ney, Regional HR Manager (right)

SUSTAINABILITY

Our goals for 2030…

Two overall strategies factor into our efforts to reduce emissions: Changing how we operate our communities and corporate offices and investing annually in energy efficiency.

Investing annually in energy efficiency projects will help us lower energy use by 2% each year. The projects include retrofitting lighting, installing new lighting controls, adding smart thermostats to common areas and replacing end-of-life equipment with higher-efficiency models.

The focus on sustainability is engrained in our culture and business practice. It’s also the product of carefully coordinated responsibilities.

history, culture & contributions

To read our Corporate Citizenship Report scan the QR Code:

Energy Goal Reduce common area energy use by 20% - 2% annually Greenhouse Gas Emissions Goal Reduce GHG emissions by 20% - 2% annually Water Goal Reduce whole building water use by 10% - 1% annually Waste Goal Increase recycling in apartment homes by 10% -1% annually Renewable Energy Goal Increase renewable energy use by 50% -1% annually

ROLES, RESPONSIBILITIES & SUSTAINABLE COMMUNITIES

Sustainability is every associate’s responsibility at Gables…

Sustainability Advisory Council

Comprised of the Gables CEO and senior leaders across the company, the Council shapes the vision and sets the strategy for sustainability initiatives. Members meet quarterly and assess the programs’ progress.

Gables Board of Directors

After studying proposals from the Advisory Council, the Board approves a budget and authorizes funding for sustainability activities.

Director of Sustainability

This individual oversees program, projects and performance metrics, providing progress reports to the executive team, while also leading the Sustainability Advisory Council.

Gables Associates

Each individual is expected to contribute to environmental stewardship. All associates set and discuss their contributions to sustainability goals as part of their annual talent and performance development program.

Sustainable community programs & features…

Building Certifications

National Green Building Standard

Energy Star Labeled Communities

EarthCraft Multifamily Certified

USGBC LEED for Homes

Energy-Efficiency

Energy-efficient LED lighting throughout the community

ENERGY STAR dishwashers, refrigerators, washers

Programmable thermostats

Water Conservation

Water-efficient showerheads and faucets

Water-efficient toilets

Yardi Energy System (YES) Utility Processing

Across all communities, Gables has implemented the YES utility processing program. YES will increase utility cost recovery and will improve our sustainability strategy and reporting.

IMPORTANCE OF DEI

Diversity is a fact. Inclusion is an action. Equity is a choice. Belonging is an outcome…

Delivering on our mission of Taking Care of the Way

You Live can’t be accomplished through a homogeneous lens. A sustainable business requires diversity of thought, backgrounds, and abilities as well as inclusive mindsets and programs, policies and practices that are equitable and built on a foundation of equality and trust.

GABLES DEI COUNCIL - REPRESENTED

A diversity, equity and inclusion (DEI) Council is compromised of a diverse cross-section of associates. The Council is a welcoming space for our associates to collaborate and engage in mission-driven progress toward our vision of an inspired and supportive workplace.

SHELTERS TO SHUTTERS

This Virginia-based nonprofit organization transitions individuals out of situational homelessness to economic self-sufficiency through partnerships with the real estate industry to provide employment and housing opportunities

“Shelters to Shutters catapulted me to a whole other level. Now I have a stable job and my own apartment. I can do school now without stressing about having to park somewhere safe so I can sleep. Now I can go home and have internet service in my house to get my assignments done.”

Leadership

EXECUTIVE LEADERSHIP

SUE ANSEL

President

Chief Executive Officer

Started career with Gables in 1988

MARY HOLLANDS

Senior Vice President

Third Party Operations

Started career with Gables in 1993

CHARLES ELLIOTT

Executive Vice President

Chief Investment Officer

Started career with Gables in 2023

GREG GASIOR

Senior Vice President

Operations East

Started career with Gables in 1995

DAWN SEVERT

Executive Vice President

Chief Financial Officer

Started career with Gables in 1994

MELANIE TRAPNELL

Senior Vice President

Operations West

Started career with Gables in 2017

DONNA SUMMERS

President Gables Management Company

Started career with Gables in 1984-96. Returned in 2005

GIGI GIANNONI

Senior Vice President

Customer Experience

Started career with Gables in 2002-2004. Returned in 2013

EXECUTIVE LEADERSHIP

ROB PRESLEY

Senior Vice President

Facilities Management and Quality Assurance

Started career with Gables in 1988

DENNIS RAINOSEK

Senior Vice President

Portfolio Management

Started career with Gables in 1986

BRIAN MOSLEY

Senior Vice President

Asset Management

Started career with Gables in 2019

JORGEN PUNDA

Senior Vice President

Investments

Started career with Gables in 2006

PHILIP ALTSCHULER

Senior Vice President

Human Resources

Started career with Gables in 2008

CARRIE BILLIAM

Senior Vice President

Accounting

Started career with Gables in 2021

DAVID REECE

Senior Vice President

Finance and Capital Markets

Started career with Gables in 2008

MATTHEW BEARDEN

Senior Vice President

Construction

Started career with Gables in 2004

OPERATIONS | OPERATIONS LEADERSHIP

KRISTYN MONTICUP

Vice President of Operations

North Florida/Atlanta

Started career with Gables in 2023

SHELLY COULTER

Vice President of Operations

Dallas/Houston/Arizona

Started career with Gables in 1992

TIM HUTCHINSON

Vice President of Operations

DC/ Boston

Started career with Gables in 2015

BEN NOLLOLA

Vice President of Operations

Denver/California

Started career with Gables in 2023

OPERATIONS | CORPORATE LEADERSHIP

JAMES HAMRICK

Sr Vice President

Information Technology

Started career with Gables in 2018

JUN LEE

Vice President

Revenue Management

Started career with Gables in 2021

WILL GOSNELL

Vice President

Internal Audit

Started career with Gables in 2000

ROB RECTOR

Vice President

Training and Development

Started career with Gables in 2001

TERESA MEUTER

Vice President

Third Party Accounting

Started career with Gables in 2018

PUY THAI

Vice President - Tax

Started career with Gables in 2009

SHANE POLK

Vice President

Facilities Management

Started career with Gables in 2012

JULIETTE APICELLA

Director of Sustainability

Started career with Gables in 2016

leadership

Greg Gasior Senior Vice President Operations - East

Kristyn Monticup VP Operations Atlanta/North Florida

Tim Hutchinson VP Operations DC/Boston

Jan Dicker Regional Manager South Florida

Diana Gallego Regional Manager South Florida

Nishia Lewis Regional Manager Atlanta

Melissa Perez-Franklin Regional Manager Atlanta

Ryan McCarry Regional Manager North Florida

Jennifer Rush Regional Manager DC Metro

Douglas Crawford Regional Manager DC Metro

Shawn Whitworth Regional Manager Boston

Stacia Scharf District Manager North Florida

Hallie Cambridge District Manager Boston Taking

Donna Summers President of Gables Management Company

NATIONAL OPERATIONS LEADERSHIP

Mary Hollands Senior Vice President Third Party Operations

Melanie Trapnell Senior Vice President Operations - West

Shelly Coulter VP Operations Dallas/Houston/Arizona

Ben Nollola VP Operations CO/CA/AZ

Stacey Abure Business Development Manager Atlanta TBD Real Estate Analyst Atlanta

Payton Katich Real Estate Analyst Atlanta

Rebecca Slater Regional Manager Houston

Sabrina Taylor Regional Manager CO/CA/AZ

Tiffany Roland Regional Manager Dallas/Houston

Jennifer Hill Regional Manager Dallas

Renee Clark Sr Regional Manager Austin

Brandi Gutierrez District Manager Austin Crystal Hudson Administration Atlanta

Wendy Cooper Regional Manager Dallas

Do Business
Care of the Way You

Market Presence

GABLES NATIONAL MARKET PRESENCE

market presence Atlanta Denver D.C. Metro Austin Houston Dallas Boca Raton Boston
COMMUNITIES BY OWNERSHIP COMMUNITIES BY STATUS COMMUNITIES BY BUILDING TYPE % OF RETAIL Gables & JV Third-Party Stabilized Lease-Up Garden Style Midrise Retail Non-Retail Highrise Current Market Presence Gables Pipeline Gables Headquarters Gables Regional Corporate Offices COMMUNITIES & UNITS UNDER MANAGEMENT: COMMUNITIES: 115 UNITS: 29,410 PIPELINE: 13 Assets | 3,430 Units Build To Rent Renovation 50% 50% 81% 17% 3% 33% 45% 18% 3% 24% 76%

GABLES NATIONAL MARKET PRESENCE market presence

YEARS IN MARKET: 19 YEARS IN MARKET: 11 YEARS IN MARKET: 41 COMMUNITIES UNITS COMMUNITIES UNITS COMMUNITIES UNITS THIRD-PARTY 1 497 THIRD-PARTY 1 225 THIRD-PARTY 3 909 GABLES & JV 3 522 GABLES & JV 4 887 GABLES & JV 7 2,315 TOTAL 4 1,019 TOTAL 5 1,112 TOTAL 10 3,224 YEARS IN MARKET: 41 YEARS IN MARKET: 21 YEARS IN MARKET: 39 COMMUNITIES UNITS COMMUNITIES UNITS COMMUNITIES UNITS THIRD-PARTY 14 3,758 THIRD-PARTY 10 2,158 THIRD-PARTY 11 2,606 GABLES & JV 8 2,194 GABLES & JV 8 1,625 GABLES & JV 1 488 TOTAL 22 5,952 TOTAL 18 3,783 TOTAL 12 3,094 YEARS IN MARKET: 34 YEARS IN MARKET: 14 YEARS IN MARKET: 39 COMMUNITIES UNITS COMMUNITIES UNITS COMMUNITIES UNITS THIRD-PARTY 7 2,040 THIRD-PARTY 6 1,159 THIRD-PARTY 4 867 GABLES & JV 5 1,315 GABLES & JV 3 953 GABLES & JV 8 2,015 TOTAL 12 3,355 TOTAL 9 2,112 TOTAL 12 2,882 YEARS IN MARKET: 41 COMMUNITIES UNITS THIRD-PARTY 1 298 GABLES & JV 10 2,579 TOTAL 11 2,877 DALLAS, TX HOUSTON, TX D.C. METRO BOSTON, MA ATLANTA, GA NORTH FLORIDA SOUTH FLORIDA ARIZONA & CALIFORNIA DENVER, CO AUSTIN, TX

OUR COMMUNITIES

Austin, TX

Esperanza Domain

Gables at the Terrace

Gables Central Park

Gables Park Plaza

Gables Park Tower

Gables Republic Square

Lantana Ridge

The Eden

Villas at Stone Oak Ranch

YardHomes Hero Way

YardHomes Juniper Pointe

YardHomes Meadow Lake

market presence

Houston, TX

Crimson

Gables 6464 San Felipe

Gables Cityscape

Gables Citywalk

Gables Metropolitan Uptown

Gables Post Oak

Gables Revere Upper Kirby

Gables River Oaks

Gables Tanglewood

Gables Upper Kirby

M5250

Dallas, TX

212 Melba

Bent Tree Lofts

Gables Katy Trail

Gables McKinney Avenue

Gables Mirabella

Gables Park 17

Gables Republic Tower

Gables Turtle Creek Cityplace

Gables Villa Rosa

Gables Water Street

Midway Rowhouse

Oakhouse

Park 5940 MD

Peridot Residences

State Thomas Ravello

The Henderson

The Kathryn

The Margo

The Maxwell

The Lucia

Uptown Trail

YardHomes Parkside

YardHomes Rowlett Creek

Boston, MA

Crimson Court

Gables Arsenal Street

Gables Seaport

Gables University Station

Hub25

Katahdin Woods

The Revington

Watermark Kendall East

Watermark Kendall West

OUR COMMUNITIES

Washington, DC

215 C Street

Gables City Vista

Gables Dupont Circle

Gables Takoma Park

Gables Union Market

Ora

The Berkshire

Westbrooke Place

Yuma Gardens

MD & VA

Chase Heritage

Curve 6100

Gables 12 Twenty One

Gables Centerpointe

Gables Old Town North

Gables Pointe 14

Langley Terrace

VITA Tysons Corner

Waverly Village

Denver, CO

Gables Cherry Creek

Gables Residences

Gables Speer Blvd

Gables Vista

Residences Market Station

AZ & CA

Desert Club

Gables Alta Murrieta

Gables Oak Creek

Gables Point Loma

market presence

OUR COMMUNITIES

Atlanta, GA

Dunwoody Gables

Gables Brookhaven

Gables Century Center

Gables Midtown

Gables Mill

Gables Montclair

Gables Sugarloaf

Gables Vinings Village

The Ashley Gables Buckhead

The Howell

North Florida

Cirrus

Mirrorton Apartments

Shadetree Apartments

Silversaw

The Enclave

The Met

The Napier I & II

The Wilds at Trailwinds I & II

West Port Colony

Welcome Canary

South Florida

Gables Boca Place

Gables Columbus Center

Gables Montecito

Gables Palma Vista

Gables Ponce

Gables Town Colony

Gables Town Place

Gables Wilton Park

Mizner Park Apartments

Royal Poinciana South

The Residences at Thesis

Vue at 1400

market presence
market presence Atlanta 3399 Peachtree Road NE Suite 600 Atlanta, GA 30326 (404) 923 5500 Austin 6850 Austin Center Blvd. Suite 200 Austin, TX 78731 (512) 502-6000 Boca Raton 750 Park of Commerce Blvd Suite 300 Boca Raton, FL 33487 (561)997-9700 Boston 501 Congress Street Boston, MA 02210 Dallas 3811 Turtle Creek Blvd Suite 1500 Dallas, TX 75219 (214) 252-2600 D.C. Metro 8300 Greensboro Drive Suite 650 McLean, VA 22102 (703) 918-2500 Denver 101 University Blvd. Suite 240 Denver, CO 80206 (720) 616-6830 Houston 5847 San Felipe Suite 3250 Houston, TX 77057 (713) 784-4144 GABLES CORPORATE OFFICES

Core Services

Service Is Our Signature Amenity CORE SERVICES

Customized and hospitality-focused service is what inspires us. It’s about creating long-term relationships built upon trust, caring and respect. This mindset is carried through to our residents, fellow associates, vendors and especially our third-party clients.

HR, TRAINING & RECRUITING

AUDIT & RISK MANAGMENT

THIRD PARTY SERVICES

BUSINESS INTELLIGENCE

LEASE UP EXPERIENCE

FACILITIES MANAGEMENT

REVENUE MANAGEMENT

DUE DILIGENCE DEVELOPMENT CONSULTING ACCOUNTING MARKETING SUSTAINABILITY
IT

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