Investor Presentation February 2025 This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities of Elme Communities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of such securities under the securities law of any such jurisdiction. If Elme Communities were to conduct an offering of securities in the future, it will be made under an effective ...

Group 1 - Elme (ELME) reported quarterly funds from operations (FFO) of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share, and down from $0.24 per share a year ago, representing an FFO surprise of -4.17% [1] - Over the last four quarters, Elme has surpassed consensus FFO estimates just once, while it posted revenues of $61.26 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 1.13% compared to $58.85 million a year ago [2] - The current consensus FFO estimate for the coming quarter is $0.23 on $61.25 million in revenues, and for the current fiscal year, it is $0.95 on $247.64 million in revenues [7] Group 2 - The sustainability of Elme's stock price movement will depend on management's commentary on the earnings call and the trends in estimate revisions [3][4] - The estimate revisions trend for Elme is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The REIT and Equity Trust - Residential industry, to which Elme belongs, is currently in the bottom 22% of Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8]

Amy Hopkins Bethesda, MD 20814 Vice President, Investor Relations Tel 202-774-3253 E-Mail: ahopkins@elmecommunities.com Fax 301-984-9610 CONTACT: 7550 Wisconsin Ave, Suite 900 www.elmecommunities.com February 13, 2025 Elme Communities Announces Fourth Quarter and Full Year 2024 Results Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder Value Elme Communities (the "Company" or "Elme") (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the ...

Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder ValueBETHESDA, Md., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the Atlanta metro area, reported financial and operating results today for the quarter and year ended December 31, 2024: Fourth Quarter Financial and Operational Highlights Net loss was $3.0 million, or $0.03 per diluted shareCore FFO was $20. ...

Group 1 - Elme Communities will release its fourth quarter earnings results on February 13, 2025, after market close [1] - A conference call to discuss the earnings results is scheduled for February 14, 2025, at 10:00 am ET [1] - The company provides a toll-free number for the conference call and webcast access information [1] Group 2 - Elme Communities is a multifamily real estate investment trust focused on the Washington, DC metro and the Sunbelt regions [2] - The company aims to provide quality, affordable homes to a mid-market demand that is underserved [2] - Elme Communities is committed to building long-term value for its shareholders through enhanced quality and service [2]

Group 1 - Elme Communities announced the income tax treatment of its 2024 dividend distributions, encouraging shareholders to consult personal tax advisors for specific tax implications [1] - The total dividend distribution for 2024 is $0.72000 per share, with a breakdown of ordinary taxable income per share at $0.07644 and non-taxable return of capital at $0.56764 [2] - The company operates approximately 9,400 apartment homes and 300,000 square feet of commercial space, focusing on providing quality, affordable homes to mid-market demand [3] Group 2 - The ordinary taxable income per share for each dividend payment in 2024 is $0.01911, with a consistent gross dividend of $0.18000 per share across all payment dates [2] - Elme Communities aims to build long-term value for shareholders by enhancing the quality and service of its multifamily real estate offerings [3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________ FORM 10-Q ___________________________________________________ Large Accelerated Filer ☒ Accelerated Filer ☐ Non-accelerated Filer ☐ Smaller Reporting Company ☐ Emerging Growth Company ☐ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECU ...

Elme Communities (NYSE:ELME) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Amy Hopkins - VP, IR Paul McDermott - CEO Tiffany Butcher - COO Steve Freishtat - CFO Grant Montgomery - Head, Research Conference Call Participants Nahom Tesfazghi - JPMorgan Jamie Feldman - Wells Fargo Ann Chan - Green Street Cole Bardawill - Wolfe Research Michael Gorman - BTIG Operator Welcome to the Elme Communities Third Quarter 2024 Earnings Conference Call. As a reminder, today's call is b ...

Elme (ELME) came out with quarterly funds from operations (FFO) of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -4.17%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.23 per share when it actually produced FFO of $0.23, delivering no surprise.Over the last four quarters, the company ...

| --- | --- | --- | --- | --- | |-------|----------------------|--------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | Earnings Release and | Supplemental Information | | | | | | | | | | | | | | | | | | | | | CONTACT: 7550 Wisconsin Ave, Suite 900 Amy Hopkins Bethesda, MD 20814 Vice President, Investor Relations Tel 202-774-3253 E-Mail: ahopkins@elmecommunities.com Fax 301-984-9610 www.elmecommunities.com November 4, 2024 Elme Communities Announces Third Quarter 2024 ...