On June 18, 2019, Mr. George H.C. Lawrence, a member of the Board of Directors of Urstadt Biddle Properties Inc. (the \”Company\”), passed away. Mr. Lawrence served on the Company\’s Board of Directors since 1988 and was most recently serving as Chair of the Compensation Committee and a member of the Nominating and Corporate Governance Committee. The remaining directors and management of the Company are deeply appreciative of Mr. Lawrence\’s many contributions to the success of Urstadt Biddle Properties over his many years of service as a director.

About URSTADT BIDDLE PROPERTIES INC. (NYSE:UBA)

Urstadt Biddle Properties Inc. is a real estate investment trust. The Company is engaged in the acquisition, ownership and management of commercial real estate. The Company’s primary business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on properties in the metropolitan New York tri-state area outside of the City of New York. Its properties consist of neighborhood and community shopping centers and seven office buildings. It seeks to identify desirable properties for acquisition, which it acquires in the normal course of business. It owns or has equity interests in approximately 70 properties consisting of neighborhood and community shopping centers, office buildings, single tenant retail or restaurant properties and office/retail mixed use properties located in over four states throughout the United States, containing a total of approximately 4.9 million square feet of gross leasable area.