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OFFICE PROPERTIES INCOME TRUST FOR IMMEDIATE RELEASE Two Newton Place 255 Washington Street , Suite 300 Newton , Massachusetts 02458 617-219-1440 opireit.com Office Properties Income Trust Announces Third Quarter 2021 Results Third Quarter Net Income of $ 3.7 Million , or $ 0.08 Per Share Third Quarter Normalized FFO of $ 59.6 Million , or $ 1.24 Per Share Third Quarter CAD of $ 30.9 Million , or $ 0.64 Per Share Third Quarter Same Property Cash Basis NOI Increased 1.0 % Leased 659,000 Square Feet for a Weighted Average Term of 10.9 Years Newton , MA ( October 28 , 2021 ) : Office Properties Income Trust ( Nasdaq : OPI ) today announced its financial results for the quarter ended September 30 , 2021 . Christopher Bilotto , President and Chief Operating Officer of OPI , made the following statement : " OPI's third quarter results were highlighted by sequential growth in Normalized FFO and same property cash basis NOI that exceeded our expectations . Leasing volume accelerated with 659,000 square feet of new and renewal leasing with a weighted average lease term of 10.9 years . We finished the quarter with consolidated occupancy of 89.0 % and same property occupancy of 91.2 % . Our leasing pipeline remains robust and we are in active discussions with existing and new tenants on more than 3.6 million square feet . During the quarter , we raised $ 750 million of senior notes and utilized the net proceeds to repay both higher interest rate notes and all amounts outstanding under our revolving credit facility . These actions result in a strengthened balance sheet , a longer weighted average term to maturity on our outstanding debt and total liquidity of more than $ 800 million at quarter end . " A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq . No shareholder , Trustee or officer is personally liable for any act or obligation of the Trust .