Phillips Edison & Company, Inc. (Nasdaq: PECO) approved a 5.7% increase in monthly dividend distributions for common stockholders, with a rate of $0.1083 per share, equaling $1.30 per share annually. Operating partnership unit holders will also receive distributions at this rate. This marks the fifth consecutive annual dividend increase for PECO, reflecting solid growth and value for shareholders. PECO is one of the largest owners of grocery-anchored neighborhood shopping centers, managing 327 centers across 31 states. For more information, visit their Investors website. Contact Kimberly Green for investor relations at (513) 692-3399 or [email protected].

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