Common use of FORM OF MASTER FORWARD CONFIRMATION Clause in Contracts

FORM OF MASTER FORWARD CONFIRMATION. To: Apartment Income REIT Corp. (“Party B”) [Insert Company Address] From: [Insert Dealer Name] (“Party A”) [Insert Dealer Address] Re: Master Confirmation for Issuer Share Forward Sale Transactions Date: May [ ], 2022 Ladies and Gentlemen: The purpose of this communication (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered into from time to time (each, a “Transaction” and, collectively, the “Transactions”) between [INSERT DEALER NAME] (“Party A”) [, represented by [INSERT AGENT NAME] as its agent (“Agent”),] and Apartment Income REIT Corp., a Maryland Corporation (“Party B”), in accordance with the terms of the Equity Distribution Agreement (the “Distribution Agreement”), dated as of May [ ], 2022, among Party A, Party B, Apartment Income REIT, L.P., a Delaware limited partnership (the “Operating Partnership”), and the other parties thereto. Each Transaction will be evidenced by a supplemental confirmation substantially in the form of Annex A hereto (each, a “Supplemental Confirmation”, and each such Supplemental Confirmation, together with this Master Confirmation, a “Confirmation” for purposes of the Agreement specified below). Each Confirmation will be a confirmation for purposes of Rule 10b-10 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

FORM OF MASTER FORWARD CONFIRMATION. To: Apartment Income REIT Corp. American Homes 4 Rent (“Party BCounterparty”) 000 Xxxxx Xxxx Xxx Xxxxx, Xxxxxx 00000 From: [DEALER] (“Dealer”) [Insert Company Address] From: [Insert Dealer Name] (“Party A”) [Insert Dealer AddressDEALER CONTACT INFORMATION] Re: Master Confirmation for Issuer Share Forward Sale Transactions Date: May [ June [], 2022 2023 Ladies and Gentlemen: The purpose of this communication (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered into from time to time (each, a “Transaction” and, collectively, the “Transactions”) between [INSERT DEALER NAMEDEALER] (“Party ADealer”) [, represented by [INSERT AGENT NAME] as its agent and American Homes 4 Rent (“AgentCounterparty”),] and Apartment Income REIT Corp., a Maryland Corporation (“Party B”), ) in accordance with the terms of the Equity Distribution At-The-Market Issuance Sales Agreement (the “Distribution Sales Agreement”), dated as of May [ June [], 20222023, among Party ADealer, Party BCounterparty, Apartment Income REITAmerican Homes 4 Rent, L.P., a Delaware limited partnership (the “Operating Partnership”), ) and the other parties thereto. Each Transaction will be evidenced by a supplemental confirmation substantially in the form of Annex A hereto (each, a “Supplemental Confirmation”, and each such Supplemental Confirmation, together with this Master Confirmation, a “Confirmation” for purposes of the Agreement specified below). Each Confirmation will be a confirmation for purposes of Rule 10b-10 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

FORM OF MASTER FORWARD CONFIRMATION. To: Apartment Income REIT Corp. [Life Storage, Inc.] (“Party BCounterparty”) 0000 Xxxx Xxxxxx, Xxxxxxxxxxxxx, Xxx Xxxx 00000 From: [DEALER] (“Dealer”) [Insert Company Address] From: [Insert Dealer Name] (“Party A”) [Insert Dealer AddressDEALER CONTACT INFORMATION] Re: Master Confirmation for Issuer Share Forward Sale Transactions Date: May [ [____ __], 2022 20[__] Ladies and Gentlemen: The purpose of this communication (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered into from time to time (each, a “Transaction” and, collectively, the “Transactions”) between [INSERT DEALER NAMEDEALER] (“Party ADealer”) [and Life Storage, represented by [INSERT AGENT NAME] as its agent Inc. (“AgentCounterparty”),] and Apartment Income REIT Corp., a Maryland Corporation (“Party B”), ) in accordance with the terms of the Equity Distribution Agreement (the “Distribution Sales Agreement”), dated as of May [ ]August 11, 2022, among Party ADealer, Party BCounterparty, Apartment Income REIT., L.P.together with Life Storage LP, a Delaware limited partnership (the “Operating Partnership”), ) and the other parties thereto. Each Transaction will be evidenced by a supplemental confirmation substantially in the form of Annex A hereto (each, a “Supplemental Confirmation”, and each such Supplemental Confirmation, together with this Master Confirmation, a “Confirmation” for purposes of the Agreement specified below). Each Confirmation will be a confirmation for purposes of Rule 10b-10 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

FORM OF MASTER FORWARD CONFIRMATION. To: Apartment Income REIT Corp. [Life Storage, Inc.] (“Party BCounterparty”) 0000 Xxxx Xxxxxx, Xxxxxxxxxxxxx, Xxx Xxxx 00000 From: [DEALER] (“Dealer”) [Insert Company Address] From: [Insert Dealer Name] (“Party A”) [Insert Dealer AddressDEALER CONTACT INFORMATION] Re: Master Confirmation for Issuer Share Forward Sale Transactions Date: May [ [____ __], 2022 20[__] Ladies and Gentlemen: The purpose of this communication (this “Master Confirmation”) is to set forth the terms and conditions of the transactions to be entered into from time to time (each, a “Transaction” and, collectively, the “Transactions”) between [INSERT DEALER NAMEDEALER] (“Party ADealer”) [and Life Storage, represented by [INSERT AGENT NAME] as its agent Inc. (“AgentCounterparty”),] and Apartment Income REIT Corp., a Maryland Corporation (“Party B”), ) in accordance with the terms of the Equity Distribution Agreement (the “Distribution Sales Agreement”), dated as of May [ ]June 15, 20222021, among Party ADealer, Party BCounterparty, Apartment Income REIT., L.P.together with Life Storage LP, a Delaware limited partnership (the “Operating Partnership”), ) and the other parties thereto. Each Transaction will be evidenced by a supplemental confirmation substantially in the form of Annex A hereto (each, a “Supplemental Confirmation”, and each such Supplemental Confirmation, together with this Master Confirmation, a “Confirmation” for purposes of the Agreement specified below). Each Confirmation will be a confirmation for purposes of Rule 10b-10 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).