On a corporate action affecting Class A ordinary shares of Apartment Income REIT Corp. (AIRC)

On April 7, 2024, Apartment Income REIT Corp. signed a merger agreement with Blackstone Real Estate Partners X under which Blackstone Real Estate Partners X will acquire Apartment Income REIT Corp. Apartment Income REIT Corp. stockholders will receive $39.12 in cash per share of Apartment Income REIT Corp. that they own if transaction is approved by stockholders on the special meeting of stockholders to be held on June 25, 2024. The merger is expected to close on or about June 28, 2024. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.