MAA REPORTS SECOND QUARTER 2025 RESULTS

Same Store Operating Results Same Store results for the three and six months ended June 30, 2025 as compared to the same period in the prior year are summarized below: | | Three months ended June | | | | | | 30, 2025 vs. 2024 2024 | Six months ended June | 30, 2025 vs. | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | Revenues(1) Expenses | | | NOI(2) | | Effective Rent | Average Revenues(1) | Expenses | NOI(2) | Average Effective Rent per | | | | | | | | | per Unit | | | | ...