As previously announced on November 9, 2020, the Board of Directors of Phillips Edison & Company, Inc. declared a payment of $0.02833333 per share of Common Stock to stockholders of record at the close of business on December 28, 2020 with the distribution expected to be paid on January 7, 2021. As a result of the extension of the Tender Offer, the company’s Board of Directors has adjusted the dates for the upcoming distribution and the Record Date has been moved to the close of business on December 31, 2020 and the Payment Date has been moved to January 12, 2021.