AVALONBAY COMMUNITIES, INC. (NYSE:AVB) (the "Company") announced today that it will host an Investor Day on Tuesday, November 28, 2023, in Washington, D.C. In-person attendance is by invitation only to institutional investors and analysts, and a live webcast will be provided.

The agenda for the Investor Day will include presentations by Benjamin Schall, Chief Executive Officer and President; Kevin O'Shea, Chief Financial Officer; Matt Birenbaum, Chief Investment Officer; Sean Breslin, Chief Operating Officer; and other members of the Company's management team. Speakers will present on the Company's current operating environment; near- and long-term strategies and growth initiatives; construction and development activities; and other business and financial matters.

A copy of the presentation materials will be posted to the Investor Relations section of the Company's website after market close on November 27, 2023.

Webcast Details

The Investor Day will be webcast live, beginning at 1:30 PM ET and concluding at approximately 4:30 PM ET. A link to the webcast can be accessed on the Investor Relations section of the Company's website at www.avalonbay.com. To view the live broadcast, participants should access the site at least 10 minutes prior to the scheduled start time. Questions for management may be submitted to ir@avalonbay.com at any time prior to, or during, the event. Following the live event, a replay of the webcast will be available on the Investor Relations section of the Company's website.

About AvalonBay Communities, Inc.

As of September 30, 2023, the Company owned or held a direct or indirect ownership interest in 296 apartment communities containing 89,240 apartment homes in 12 states and the District of Columbia, of which 17 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. More information may be found on the Company's website at https://www.avalonbay.com.

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AvalonBay Communities, Inc. to Host Investor Day