UDR : ANNOUNCES FIRST QUARTER 2023 RESULTS AND INCREASES FULL-YEAR 2023 GUIDANCE RANGES

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UDR ANNOUNCES FIRST QUARTER 2023 RESULTS AND INCREASES FULL-YEAR 2023 GUIDANCE RANGES UDR, Inc. (the “Company”) (NYSE: UDR), announced today its first quarter 2023 results. Net Income, Funds from Operations (“FFO”), FFO as Adjusted (“FFOA”), and Adjusted FFO (“AFFO”) per diluted share for the quarter ended March 31, 2023 are detailed below. Quarter Ended March 31 Metric 1Q 2023 Actual 1Q 2023 Guidance 1Q 2021 Actual $ Change vs.

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