SAUL CENTERS, INC.

A self-managed, self-administered equity real estate investment trust, Saul Centers operates and manages a portfolio of 62 properties across the Mid-Atlantic region. The company's real estate holdings consist primarily of 59 community and neighborhood shopping centers and mixed-use properties totaling approximately 10.5 million square feet of leasable area, along with three land and development parcels held for future expansion or disposition.

The company generates substantially all of its operating income from rental and occupancy-related revenues derived from its retail properties. Over 85 percent of property operating income is concentrated in the Washington, DC and Baltimore metropolitan areas, reflecting the company's geographic focus on this region. The portfolio includes both community shopping centers anchored by national and regional retailers and mixed-use properties that combine retail with residential or office components.

Saul Centers operates with a staff of 141 full-time employees and maintains its headquarters in Bethesda, Maryland. As a self-managed REIT, the company retains internal expertise for property operations, leasing, and capital management rather than relying on an external manager. The company is incorporated in Maryland and trades on the New York Stock Exchange under the ticker symbol BFS.