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AVALONBAY COMMUNITIES, INC.

AVB · NEW YORK STOCK EXCHANGE INC.

Other Financial Vehicles · US

The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily 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 markets consisting of Southeast Florida and Denver, Colorado.