Elme Communities Provides Update On Liquidation Process; Sold Five Of Its Properties In 2026 And Entered Into Purchase And Sale Agreements Covering Four Of Its Remaining Five Properties

Continues to target completing all remaining sales by mid-year 2026 with delisting and dissolution targeted for third quarter 2026

Updates range of total estimated liquidating distributions to $16.74 - $17.02 per share (including the initial $14.67 per share distribution paid in January 2026)