| CORPORATE PRESENTATION, SEPTEMBER 9, 2024 | 25 Company Overview | Market Overview | Portfolio Optimization | Capital Allocation | Balance Sheet | ESG PORTFOLIO OPTIMIZATION Number of Properties 22 300 172 255 299 292 187 28 Number of Units 7,621 91,399 58,250 62,510 79,738 101,465 60,126 9,374 H1 Same Store NOI Growth YTD YoY 7.9% 3.3% 1.6% 3.0% 4.3% (0.8)% 1.7% 0.8% NOI Margin 66.1% 69.4% 64.3% 70.7% 68.7% 62.9% 69.2% 63.2% Net Blended Rental Growth Rate1 4.9% 3.7% 0.0% 3.4% 2.9% 0.1% 2.4% 3.2% Same Store Average Monthly Rent per Home $3,923 $2,989 $1,990 $2,649 $3,096 $1,690 $2,563 $1,900 Average Asset Age2 8 15 13 28 23 19 23 42 Capex Reserve per Home2 $1,750 $2,300 $3,150 $3,550 $2,500 $2,350 $3,250 $3,250 ORA Ranking3 83.81 78.52 77.58 59.71 72.23 75.04 56.04 66.14 Elite 1% ORA Properties for 2023 2 9 8 0 2 15 1 2 Note: Veris Residential properties as of June 30, 2024. Peer comparable data as of Q2 2024 reporting. 1. Veris for the period July 1 through September 4, Q2 for peer data. 2. Veris Residential as of June 30, 2024. Peer information based on Green Street as of July 30, 2024. 3. ORA Rankings as published by J Turner as of July 2024. Focus on Operational Excellence PEER-LEADING PERFORMANCE |