Brandywine Realty Trust announced that its operating partnership, Brandywine Operating Partnership, LP (the ?Operating Partnership?), intends to redeem all of the outstanding 4.10% Guaranteed Notes due October 1, 2024 (the ?Notes?) issued by the Operating Partnership and not purchased pursuant to its previously announced tender offer for such Notes. The expected redemption date will be June 7, 2024 (the ?Redemption Date?). The Notes will be redeemed at a redemption price equal to the greater of: (a) 100% of the principal amount of the Notes then outstanding to be redeemed; and (b) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed (not including any portion of such payments of interest accrued to the date of redemption) discounted to the date of redemption on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the applicable treasury rate plus 25 basis points, in each case, plus accrued and unpaid interest on the principal amount of Notes being redeemed to the Redemption Date.

From and after the Redemption Date and the payment of the redemption price, interest will cease to accrue, and on and after the Redemption Date the only remaining rights of holders of Notes will be to receive payment of the redemption price and accrued and unpaid interest on the principal amount being redeemed to the Redemption Date. The notice of redemption and other materials relating to the redemption of the Notes will be mailed on or about April 23, 2024. As will be specified in the notice of redemption, payment of the redemption price will be made only upon presentation and surrender of the Notes to The Bank of New York Mellon by hand or by mail at the address set forth in such notice.

Notes that are held through The Depository Trust Company (?DTC?) will be redeemed in accordance with the applicable procedures of DTC.