Urban Edge Properties announced the appointment of Catherine D. Rice to the Company's Board of Trustees, effective March 15, 2023. Ms. Rice is a seasoned leader with an extensive background in the real estate and financial industries and on public company boards. Her more than thirty-five years of experience includes key management and CFO roles with public and private real estate companies and deep expertise in the public and private capital markets where she has been involved in over $50 billion of capital-raising and financial advisory transactions.

Ms. Rice served as an independent Director of Store Capital from 2017 to February 2023 when it was acquired by GIC and Oak Street and currently serves as independent Chairperson at BrightSpire Capital and as an independent Director of RMG Acquisition Corp. III. From 2013 to 2016, Ms. Rice served as the Senior Managing Director and Chief Financial Officer of W.P. Carey, where she was responsible for financial strategy and public capital-raising initiatives and was also a member of the Operating and Investment Committees.

Prior to joining W.P. Carey, she was Managing Principal at Parmenter Realty Partners from 2010 to 2012, and prior to that, served for seven years as the Chief Financial Officer of iStar Financial. Ms. Rice also has more than fifteen years of experience serving in senior roles at Merrill Lynch, Lehman Brothers and Banc of America Securities where she worked as a real estate investment banker focused on capital-raising, REIT IPO's, public and private debt and equity offerings, and strategic advisory services. Ms. Rice received a B.A. degree from the University of Colorado and an M.B.A. from Columbia University.