Mid-America Apartment Communities Investor Presentation — September 2021

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Capital Markets Update

Forward-Looking Statements

2This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amend ed, and Section 21E of the Securi ties Exchange Act of 1934, as

amended, with respect to our expectations for future periods. Forward-looking statemen ts do not discuss historical fact, but in stead include statements related to expectations, projections,

intentions or other items related to the fu ture. Such forward-looking statements in clude, without limita tion, statements regar ding the potential impact of the COVID-19 pandemic on our business,

statements regarding expected operating performance and results, property stabilizations, property acquisition and disposition activity, joint venture activity, de velopment and renovation activity

and other capital expenditures, and capital raising and financing activity, as well as lease pricing, revenue and expense growt h, occupancy, supply level, job growth, interest rate and other

economic expectations. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “forecasts ,” “projects,” “assumes,” “will,” “may,” “could,” “should,” “budget,”

“target,” “outlook,” “opportunity,” “guidance” and variations of such words and similar expressions are intended to identify su ch forward-looking statements. Such forward-looking statements

involve known and unknown risks, uncertainties and other factors, as described below, which may cause our actual results, perfo rmance or achievements to be mate rially different from the results