EPS of $0.40

FFO per Share, As Adjusted for Comparability, of $0.71

4.4% FFO per Share Growth Year-over-Year

2-cents above the Midpoint of Guidance

Increased Midpoint of 2026 FFO per Share Guidance by 2-cents to $2.78

Implies 2.2% FFO per Share Growth for the Year

Same Property Cash NOI Increased 7.4%

Increased Midpoint of 2026 Guidance by 100 basis points to 4%

Occupancy and Leased Levels

Total Portfolio 94.1% Occupied and 95.6% Leased

Defense/IT Portfolio 95.1% Occupied and 96.4% Leased

Leasing Activity

Total Leasing in 2Q26 and 1H26 of 518,000 SF and 2.2 million SF, respectively

Vacancy Leasing in 2Q26 and 1H26 of 139,000 SF and 231,000 SF, respectively

Increased Annual Target to 475,000 SF from 400,000 SF

Renewal Leasing in 2Q26 and 1H26 of 347,000 SF and 1.5 million SF, respectively

Tenant Retention in 2Q26 and 1H26 of 68% and 84%, respectively

Investment Leasing in 2Q26 and 1H26 of 32,000 SF and 416,000 SF, respectively

Investment Activity

Committed $43 million of Capital to a Land and Ground Lease Acquisition in Chantilly, VA

Increased 2026 Guidance Target by $45 million to $335 million

COPT Defense Properties ("COPT Defense" or the "Company") (NYSE:CDP) announced results for the second quarter ended June 30, 2026.

Management Comments

Stephen E. Budorick, COPT Defense’s President & Chief Executive Officer, commented, "Our performance during the first half of the year exceeded our plan and expectations in every respect. Our financial results, occupancy, leasing activity, and capital commitments to new investments continue to illustrate the benefits and opportunities from the strong demand for our portfolio, as FFO per share exceeded the midpoint of our guidance by $0.02 in the second quarter.

We increased the midpoint of 2026 FFO per share guidance by $0.02 to $2.78, which is $0.03 above our initial guidance. This is even more impressive considering this overcomes roughly $0.035 of incremental dilution from our Exchangeable Notes relative to our initial guidance, resulting from our 37% share price increase year-to-date. We also increased the midpoint of 2026 guidance for same property cash NOI growth by 100 basis points to 4.0%, the change in cash rents on renewals by 100 basis points to 3.0%, and capital commitment to new investments by $45 million to $335 million. Additionally, we raised our target for vacancy leasing by nearly 20% from 400,000 square feet to 475,000 square feet, based on the 231,000 square feet signed in the first half of the year, and our strong pipeline of deals in advanced negotiations.

We expect bipartisan support for growth in defense spending will continue, as the FY 2027 Budget Request calls for a 28% increase in the base budget to nearly $1.1 trillion, which excludes any additional funding from reconciliation. The FY 2027 Budget Requests also calls for meaningful increases in funding for the priority missions our portfolio supports, which includes intelligence, cybersecurity, and missile defense, thereby creating a favorable environment for continued demand in our portfolio."

Financial Highlights

2nd Quarter Financial Results:

Diluted earnings per share ("EPS") was $0.40 for the quarter ended June 30, 2026, compared to $0.34 for the quarter ended June 30, 2025.
Diluted funds from operations per share ("FFOPS"), as calculated in accordance with Nareit’s definition and as adjusted for comparability, was $0.71 for the quarter ended June 30, 2026, compared to $0.68 for the quarter ended June 30, 2025.

Operating Performance Highlights

Operating Portfolio Summary:

At June 30, 2026, the Company’s 25.3 million square foot total portfolio was 94.1% occupied and 95.6% leased, which includes the 23.3 million square foot Defense/IT Portfolio that was 95.1% occupied and 96.4% leased.

Same Property Performance:

At June 30, 2026, the Company’s 24.6 million square foot Same Property portfolio was 94.5% occupied and 95.4% leased.
The Company’s Same Property cash NOI increased 7.4% in the quarter ended June 30, 2026 compared to the same period in 2025.

Leasing:

Total Square Feet Leased: For the quarter ended June 30, 2026, the Company leased 518,000 square feet, including 347,000 square feet of renewals, 139,000 square feet of vacancy leasing, and 32,000 square feet of investment leasing. For the six months ended June 30, 2026, the Company executed 2.2 million square feet of total leasing, including 1.5 million square feet of renewals, 231,000 square feet of vacancy leasing, and 416,000 square feet of investment leasing.
Tenant Retention Rates: During the quarter ended June 30, 2026, the Company renewed 68.4% of expiring square feet in its total portfolio. During the six months ended June 30, 2026, the Company renewed 84.4% of expiring square feet in its total portfolio.
Rent Spreads and Average Escalations on Renewing Leases: For the quarter and six months ended June 30, 2026, straight-line rents on renewals increased 4.4% and 10.9%, respectively, and cash rents on renewed space decreased 0.2% and increased 3.2%, respectively, while annual escalations on renewing leases averaged 2.5% and 3.0%, respectively.
Lease Terms: In the quarter ended June 30, 2026, lease terms averaged 2.9 years on renewing leases, 7.0 years on vacancy leasing, and 10.0 years on investment leasing. For the six months ended June 30, 2026, lease terms averaged 4.1 years on renewing leases, 6.8 years on vacancy leasing, and 13.1 years on investment leasing.

Investment Activity Highlights

Development Pipeline: The Company’s development pipeline consists of six properties totaling 885,000 square feet that were 73% leased as of June 30, 2026. These projects represent a total estimated investment of $440 million, of which $115 million was spent as of June 30, 2026.
Acquisition: On April 23, 2026, the Company acquired approximately 17 acres of land for approximately $43 million, subject to a ground lease on which two buildings at Mission Ridge 1 + 2, located at 15020 and 15030 Conference Center Drive in Chantilly, Virginia, were developed. The buildings are fully leased to the U.S. Government and defense contractors.
- Please see pages 25-27 of the Company’s 2Q26 Results Presentation (refer to the ‘Associated Supplemental Presentation’ section below).

Balance Sheet and Capital Transaction Highlights

For the quarter ended June 30, 2026, the Company’s adjusted EBITDA fixed charge coverage ratio was 4.4x.
At June 30, 2026, the Company’s net debt to in-place adjusted EBITDA ratio was 6.0x and its net debt adjusted for fully-leased investment properties to in-place adjusted EBITDA ratio was 5.9x.
At June 30, 2026, and including the effect of interest rate swaps, the Company’s weighted average effective interest rate on its consolidated debt portfolio was 3.8% with a weighted average maturity of 4.3 years (assuming exercise of available extension options), and 82% of the Company’s debt was subject to fixed interest rates.

Associated Supplemental Presentation

Prior to the call, the Company will post a slide presentation to accompany management’s prepared remarks for its second quarter 2026 conference call; the presentation can be viewed and downloaded from the ‘Financial Info – Financial Results’ section of COPT Defense’s Investors website: https://investors.copt.com/financial-information/financial-results

2026 Guidance

Management is revising and increasing the midpoint of its full-year guidance for diluted EPS and diluted FFOPS, per Nareit and as adjusted for comparability of $1.24-$1.30 and $2.73-$2.79, respectively, to new ranges of $1.39-$1.43 and $2.76-$2.80, respectively. Management is establishing third quarter guidance for diluted EPS and diluted FFOPS per Nareit and as adjusted for comparability at $0.37-$0.39 and $0.68-$0.70, respectively. Reconciliations of projected diluted EPS to projected diluted FFOPS, in accordance with Nareit and as adjusted for comparability, are as follows:

Reconciliation of Diluted EPS to FFOPS, per Nareit, and As Adjusted for Comparability	Quarter Ending September 30, 2026						Year Ending December 31, 2026
	Low			High			Low			High
Diluted EPS	$	0.37		$	0.39		$	1.39		$	1.43
Real estate-related depreciation and amortization		0.37			0.37			1.50			1.50
Gain on sales of real estate		(0.06	)		(0.06	)		(0.13	)		(0.13	)
Diluted FFOPS, Nareit definition and as adjusted for comparability	$	0.68		$	0.70		$	2.76		$	2.80

The Company detailed its initial full year guidance, with supporting assumptions, in a separate press release issued February 5, 2026; that release can be found in the ‘News & Events – Press Releases’ section of COPT Defense’s Investors website: https://investors.copt.com/news-events/press-releases

Conference Call Information

Management will discuss second quarter 2026 results on its conference call tomorrow, details of which are listed below:

Conference Call Date:	Tuesday, July 28, 2026
Time:	12:00 p.m. Eastern Time

Participants must register for the conference call at the link below to receive the dial-in number and personal pin. Registering only takes a few moments and provides direct access to the conference call without waiting for an operator. You may register at any time, including up to and after the call start time: https://register-conf.media-server.com/register/BI747d6d14370a47ff9a560c5239e7db6a

The conference call will also be available via live webcast in the ‘News & Events – IR Calendar’ section of COPT Defense’s Investors website: https://investors.copt.com/news-events/ir-calendar

Replay Information

A replay of the conference call will be immediately available via webcast only on COPT Defense’s Investors website and will be maintained on the website for approximately 90 days after the conference call.

Definitions

For definitions of certain terms used in this press release, please refer to the information furnished in the Company’s Supplemental Information Package furnished on a Form 8-K which can be found on its website (www.copt.com). Reconciliations of non-GAAP measures to the most directly comparable GAAP measures are included in the attached tables.

About COPT Defense

COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating, and developing properties in locations proximate to, or sometimes containing, key U.S. Government ("USG") defense installations and missions (referred to as its Defense/IT Portfolio). The Company’s tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of June 30, 2026, the Company’s Defense/IT Portfolio of 202 properties, including 24 owned through unconsolidated joint ventures, encompassed 23.3 million square feet and was 96.4% leased.

Forward-Looking Information

This press release may contain "forward-looking" statements, as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, that are based on the Company’s current expectations, estimates and projections about future events and financial trends affecting the Company. Forward-looking statements can be identified by the use of words such as "may," "will," "should," "could," "believe," "anticipate," "expect," "estimate," "plan," or other comparable terminology. Forward-looking statements are inherently subject to risks and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate. Although the Company believes that the expectations, estimates, and projections reflected in such forward-looking statements are based on reasonable assumptions at the time made, the Company can give no assurance that these expectations, estimates, and projections will be achieved. Future events and actual results may differ materially from those discussed in the forward-looking statements and the Company undertakes no obligation to update or supplement any forward-looking statements.

The areas of risk that may affect these expectations, estimates, and projections include, but are not limited to, those risks described in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.

Source: COPT Defense Properties

COPT Defense Properties Summary Financial Data (unaudited) (in thousands)

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2026			2025			2026			2025
Revenues
Lease revenue	$	188,806		$	175,598		$	381,777		$	350,906
Other property revenue		1,820			1,859			3,445			4,148
Construction contract and other service revenues		6,766			12,458			12,807			22,717
Total revenues		197,392			189,915			398,029			377,771
Operating expenses
Property operating expenses		72,586			66,915			154,021			138,955
Depreciation and amortization associated with real estate operations		42,289			39,573			84,974			78,932
Construction contract and other service expenses		6,023			11,873			11,575			21,578
General and administrative expenses		9,237			8,202			17,693			16,350
Leasing expenses		3,089			2,613			6,083			5,612
Business development expenses and land carry costs		938			1,096			2,137			2,105
Total operating expenses		134,162			130,272			276,483			263,532
Interest expense		(24,444	)		(20,938	)		(48,440	)		(41,442	)
Interest and other income, net		2,973			1,223			6,928			2,791
Gain on sales of real estate		6,442			—			7,024			300
Income before equity in income of unconsolidated entities and income taxes		48,201			39,928			87,058			75,888
Equity in income of unconsolidated entities		392			355			1,798			726
Income tax expense		(34	)		(117	)		(158	)		(220	)
Net income		48,559			40,166			88,698			76,394
Net income attributable to noncontrolling interests
Common units in the Operating Partnership ("OP")		(1,038	)		(846	)		(1,850	)		(1,572	)
Other consolidated entities		(1,084	)		(973	)		(1,855	)		(1,735	)
Net income attributable to common shareholders	$	46,437		$	38,347		$	84,993		$	73,087

Earnings per share ("EPS") computation
Numerator for diluted EPS
Net income attributable to common shareholders	$	46,437		$	38,347		$	84,993		$	73,087
Amount allocable to share-based compensation awards		(183	)		(112	)		(343	)		(229	)
Numerator for diluted EPS	$	46,254		$	38,235		$	84,650		$	72,858
Denominator
Weighted average common shares - basic		112,871			112,459			112,839			112,421
Dilutive effect of share-based compensation awards		938			765			984			744
Dilutive exchangeable debt		1,087			—			763			—
Weighted average common shares - diluted		114,896			113,224			114,586			113,165
Diluted EPS	$	0.40		$	0.34		$	0.74		$	0.64

COPT Defense Properties Summary Financial Data (unaudited) (in thousands, except per share data)

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2026			2025			2026			2025
Net income	$	48,559		$	40,166		$	88,698		$	76,394
Real estate-related depreciation and amortization		42,289			39,573			84,974			78,932
Gain on sales of real estate		(6,442	)		—			(7,024	)		(300	)
Depreciation and amortization on unconsolidated real estate JVs		726			732			1,468			1,473
Gain on sale of real estate on unconsolidated real estate JV		(130	)		—			(1,276	)		—
Funds from operations ("FFO")		85,002			80,471			166,840			156,499
FFO allocable to other noncontrolling interests		(1,433	)		(1,382	)		(2,564	)		(2,540	)
Basic FFO allocable to share-based compensation awards		(617	)		(550	)		(1,220	)		(1,080	)
Basic FFO available to common share and common unit holders ("Basic FFO")		82,952			78,539			163,056			152,879
Diluted FFO adjustments allocable to share-based compensation awards		63			96			127			201
Diluted FFO available to common share and common unit holders and as adjusted for comparability		83,015			78,635			163,183			153,080
Straight line rent adjustments and lease incentive amortization		5,377			(1,836	)		4,047			(3,535	)
Amortization of intangibles and other assets included in net operating income ("NOI")		106			64			166			226
Sales-type lease adjustments		101			—			101			—
Share-based compensation, net of amounts capitalized		3,376			2,924			6,562			5,778
Amortization of deferred financing costs		794			657			1,626			1,324
Amortization of net debt discounts and commissions, net of amounts capitalized		1,076			1,060			2,293			2,111
Replacement capital expenditures		(25,117	)		(23,919	)		(44,322	)		(45,383	)
Other		386			75			542			156
Diluted adjusted funds from operations available to common share and common unit holders ("Diluted AFFO")	$	69,114		$	57,660		$	134,198		$	113,757
Diluted FFO per share	$	0.71		$	0.68		$	1.40		$	1.33
Diluted FFO per share, as adjusted for comparability	$	0.71		$	0.68		$	1.40		$	1.33
Dividends/distributions per common share/unit	$	0.32		$	0.305		$	0.64		$	0.61

COPT Defense Properties Summary Financial Data (unaudited) (dollars and shares in thousands, except per share data)

	June 30, 2026			December 31, 2025
Balance sheet data
Properties, net of accumulated depreciation	$	3,813,468		$	3,783,477
Total assets	$	4,515,281		$	4,701,790
Debt per balance sheet	$	2,592,436		$	2,767,834
Total liabilities	$	2,909,439		$	3,114,115
Redeemable noncontrolling interest	$	24,881		$	25,506
Total equity	$	1,580,961		$	1,562,169
Debt to assets		57.4	%		58.9	%
Net debt to adjusted book		40.8	%		40.5	%

Defense/IT Portfolio data (as of period end)
Number of operating properties		202			201
Total operational square feet (in thousands)		23,316			23,159
% Occupied		95.1	%		95.5	%
% Leased		96.4	%		96.5	%

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2026		2025		2026		2025
GAAP
Payout ratio
Net income	76.4	%	87.7	%	83.7	%	92.2	%
Debt ratios
Net income to interest expense ratio	2.0x		1.9x		1.8x		1.8x
Debt to net income ratio	13.3x		15.2x		N/A		N/A
Non-GAAP
Payout ratios
Diluted FFO	44.4	%	44.5	%	45.2	%	45.7	%
Diluted FFO, as adjusted for comparability	44.4	%	44.5	%	45.2	%	45.7	%
Diluted AFFO	53.3	%	60.7	%	54.9	%	61.5	%
Debt ratios
Adjusted EBITDA fixed charge coverage ratio	4.4x		4.9x		4.3x		4.8x
Net debt to in-place adjusted EBITDA ratio	6.0x		5.9x		N/A		N/A
Net debt adjusted for fully-leased investment properties to in-place adjusted EBITDA ratio	5.9x		5.8x		N/A		N/A

Reconciliation of denominators for per share measures
Denominator for diluted EPS	114,896		113,224		114,586		113,165
Weighted average common units	2,231		2,177		2,147		2,113
Denominator for diluted FFO per share and as adjusted for comparability	117,127		115,401		116,733		115,278

COPT Defense Properties Summary Financial Data (unaudited) (in thousands)

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2026			2025			2026			2025
Numerators for payout ratios
Dividends on unrestricted common and deferred shares	$	36,140		$	34,324		$	72,274		$	68,642
Distributions on unrestricted common units		717			666			1,428			1,327
Dividends and distributions on restricted shares and units		247			218			514			454
Total dividends and distributions for GAAP payout ratio		37,104			35,208			74,216			70,423
Dividends and distributions on antidilutive shares and units		(236	)		(194	)		(493	)		(407	)
Dividends and distributions for non-GAAP payout ratios	$	36,868		$	35,014		$	73,723		$	70,016

Reconciliation of net income to earnings before interest, income taxes, depreciation and amortization for real estate ("EBITDAre"), adjusted EBITDA, and in-place adjusted EBITDA
Net income	$	48,559		$	40,166		$	88,698		$	76,394
Interest expense		24,444			20,938			48,440			41,442
Income tax expense		34			117			158			220
Real estate-related depreciation and amortization		42,289			39,573			84,974			78,932
Other depreciation and amortization		466			468			882			1,010
Gain on sales of real estate		(6,442	)		—			(7,024	)		(300	)
Adjustments from unconsolidated real estate JVs		1,658			1,515			2,308			3,033
EBITDAre		111,008			102,777			218,436			200,731
Credit loss (recoveries) expense		(978	)		1,187			(1,347	)		1,702
Business development expenses		650			741			1,452			1,334
Executive transition costs		—			21			—			78
Net gain on other investments		—			—			(29	)		—
Adjusted EBITDA		110,680			104,726		$	218,512		$	203,845
Pro forma NOI adjustment for property changes within period		—			57
Change in collectability of deferred rental revenue		—			20
In-place adjusted EBITDA	$	110,680		$	104,803

Reconciliations of tenant improvements and incentives, building improvements, and leasing costs for operating properties to replacement capital expenditures
Tenant improvements and incentives	$	19,905		$	15,293		$	35,804		$	29,051
Building improvements		2,892			5,641			4,034			7,513
Leasing costs		1,420			4,929			2,967			8,390
Net additions to (exclusions from) tenant improvements and incentives		1,167			(241	)		2,091			3,297
Excluded building improvements		(267	)		(1,703	)		(574	)		(1,904	)
Excluded leasing costs		—			—			—			(964	)
Replacement capital expenditures	$	25,117		$	23,919		$	44,322		$	45,383

COPT Defense Properties Summary Financial Data (unaudited) (in thousands)

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2026			2025			2026			2025
Reconciliation of interest expense to the denominator for fixed charge coverage-Adjusted EBITDA
Interest expense	$	24,444		$	20,938		$	48,440		$	41,442
Less: Amortization of deferred financing costs		(794	)		(657	)		(1,626	)		(1,324	)
Less: Amortization of net debt discounts and commissions, net of amounts capitalized		(1,076	)		(1,060	)		(2,293	)		(2,111	)
COPT Defense’s share of interest expense of unconsolidated real estate JVs, excluding amortization of deferred financing costs and net debt premium and gain or loss on interest rate derivatives		957			759			1,904			1,511
Scheduled principal amortization		260			457			657			918
Capitalized interest, excluding amortization of deferred financing costs		1,574			1,126			3,253			2,053
Denominator for fixed charge coverage-Adjusted EBITDA	$	25,365		$	21,563		$	50,335		$	42,489

Reconciliation of net income to NOI from real estate operations, same property NOI from real estate operations, and same property cash NOI from real estate operations
Net income	$	48,559		$	40,166		$	88,698		$	76,394
Construction contract and other service revenues		(6,766	)		(12,458	)		(12,807	)		(22,717	)
Depreciation and other amortization associated with real estate operations		42,289			39,573			84,974			78,932
Construction contract and other service expenses		6,023			11,873			11,575			21,578
General and administrative expenses		9,237			8,202			17,693			16,350
Leasing expenses		3,089			2,613			6,083			5,612
Business development expenses and land carry costs		938			1,096			2,137			2,105
Interest expense		24,444			20,938			48,440			41,442
Interest and other income, net		(2,973	)		(1,223	)		(6,928	)		(2,791	)
Gain on sales of real estate		(6,442	)		—			(7,024	)		(300	)
Equity in income of unconsolidated entities		(392	)		(355	)		(1,798	)		(726	)
Unconsolidated real estate JVs NOI allocable to COPT Defense included in equity in income of unconsolidated entities		2,050			1,870			4,106			3,759
Income tax expense		34			117			158			220
NOI from real estate operations		120,090			112,412			235,307			219,858
Non-Same Property NOI from real estate operations		(5,123	)		(505	)		(9,959	)		(905	)
Same Property NOI from real estate operations		114,967			111,907			225,348			218,953
Straight line rent adjustments and lease incentive amortization		6,544			(1,282	)		7,221			(3,093	)
Amortization of acquired above- and below-market rents		125			65			205			129
Lease termination fees, net		(808	)		(728	)		(2,020	)		(1,562	)
Tenant funded landlord assets and lease incentives		(8,528	)		(5,223	)		(11,846	)		(8,636	)
Cash NOI adjustments in unconsolidated real estate JVs		(287	)		(220	)		(642	)		(480	)
Sales-type lease adjustments		239			—			239			—
Same Property Cash NOI from real estate operations	$	112,252		$	104,519		$	218,505		$	205,311

COPT Defense Properties Summary Financial Data (unaudited) (in thousands)

	June 30, 2026			December 31, 2025
Reconciliation of total assets to adjusted book
Total assets	$	4,515,281		$	4,701,790
Accumulated depreciation		1,759,411			1,682,367
Accumulated amortization of intangibles on property acquisitions and deferred leasing costs		224,598			228,656
COPT Defense’s share of liabilities of unconsolidated real estate JVs		82,420			82,039
COPT Defense’s share of accumulated depreciation and amortization of unconsolidated real estate JVs		16,497			16,000
Less: Property - operating lease liabilities		(42,485	)		(45,012	)
Less: Property - finance lease liabilities		(1,070	)		(363	)
Less: Cash and cash equivalents		(24,157	)		(274,986	)
Less: COPT Defense’s share of cash of unconsolidated real estate JVs		(1,332	)		(1,898	)
Adjusted book	$	6,529,163		$	6,388,593

	June 30, 2026			December 31, 2025			June 30, 2025
Reconciliation of debt to net debt and net debt adjusted for fully-leased investment properties
Debt per balance sheet	$	2,592,436		$	2,767,834		$	2,438,591
Net discounts and commissions and deferred financing costs		20,604			23,466			20,509
COPT Defense’s share of unconsolidated JV gross debt		75,250			75,250			53,750
Gross debt		2,688,290			2,866,550			2,512,850
Less: Cash and cash equivalents		(24,157	)		(274,986	)		(21,288	)
Less: COPT Defense’s share of cash of unconsolidated real estate JVs		(1,332	)		(1,898	)		(1,944	)
Net debt		2,662,801			2,589,666			2,489,618
Costs incurred on fully-leased development properties		(62,558	)		(8,226	)		(60,302	)
Net debt adjusted for fully-leased investment properties	$	2,600,243		$	2,581,440		$	2,429,316

View source version on businesswire.com: https://www.businesswire.com/news/home/20260727622831/en/

IR Contacts:

Venkat Kommineni, CFA

443.285.5587

venkat.kommineni@copt.com

Michelle Layne

443.285.5452

michelle.layne@copt.com