Press Release

San Jose, CA - December 15, 2023 -- Acrisure, a global Fintech leader, today announced the future location of its West Region office at the iconic Santana Row neighborhood of San Jose, CA. By April 2024, more than 150 Acrisure colleagues will occupy approximately 29,000 square feet of space within the brand-new development.

Acrisure will be the first occupant of One Santana West which is part of Santana Row, a 42-acre mixed-use village-within-a-city combining 100 shops, eateries, and salons; over one million square feet of offices; 834 homes; and a boutique hotel in San Jose, CA which is in the heart of Silicon Valley.

Acrisure formed its West Region in July 2023, composed of Partners in Northern California, Nevada and Hawaii. The Region is led by Managing Partners Jennifer Anderson and Dan Michelini.

"Bringing employees together under one roof will increase cohesion, collaboration and innovation. This is crucial as we prioritize our clients' needs with an eye on providing the service and experience they've come to expect," said Anderson and Michelini.

Federal Realty, a national leader in real estate development, spearheaded the development of Santana Row.

"Santana West offers the ideal combination for companies seeking modern and efficient workspace and the deepest set of amenities and services available. Santana West delivers on every reason to want to come into the office," said Jan Sweetnam, Executive Vice President-Chief Investment Officer of Federal Realty, developer of Santana West. "We're excited to welcome Acrisure's new home for its West Region."

About Acrisure
Acrisure is An Extraordinary Advantage℠ for millions of clients worldwide. The Company combines humans and high tech to deliver a broad array of products including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more. In the last nine years, Acrisure has grown in revenue from $38 million to more than $4 billion and today employs over 17,000 colleagues in 22 countries. Acrisure expects to announce new developments in the near term. For news and updates visit Acrisure.com or follow the Company on LinkedIn.

About Federal Realty Investment Trust
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 102 properties include approximately 3,300 tenants, 26 million square feet, and approximately 3,100 residential units.

Federal Realty has increased its quarterly dividends to its shareholders for 56 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.

Media:
Acrisure: Ginny Justice, VJustice@Acrisure.com, 202-255-4776
Santana Row: Collette Navarette, cnavarrette@federalrealty.com, (408) 551-2245