American Assets Trust, Inc.
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
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FY2025 · Filed Feb 6, 2026
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrants have duly caused this Report to be signed on their behalf by the undersigned thereunto duly authorized this 6 th day of February, 2026.
| American Assets Trust, Inc. | American Assets Trust, L.P. |
|---|---|
| By: American Assets Trust, Inc. | |
| Its: General Partner | |
| /s/ ADAM WYLL | /s/ ADAM WYLL |
| Adam Wyll | Adam Wyll |
| President and Chief Executive Officer | President and Chief Executive Officer |
| (Principal Executive Officer) | (Principal Executive Officer) |
| /s/ ROBERT F. BARTON | /s/ ROBERT F. BARTON |
| Robert F. BartonExecutive Vice President and Chief Financial Officer | Robert F. BartonExecutive Vice President and Chief Financial Officer |
| (Principal Financial and Accounting Officer) | (Principal Financial and Accounting Officer) |
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this Report has been signed below by the following persons on behalf of the Registrants and in the capacities and on the dates indicated.
| Signature | Title | Date |
|---|---|---|
| /s/ ADAM WYLL | President and Chief Executive Officer | February 6, 2026 |
| Adam Wyll | ||
| /s/ ROBERT F. BARTON | Executive Vice President, Chief Financial Officer and Treasurer | February 6, 2026 |
| Robert F. Barton | ||
| /s/ ERNEST RADY | Executive Chairman | February 6, 2026 |
| Ernest Rady | ||
| /s/ JOY L. SCHAEFER | Director | February 6, 2026 |
| Joy L. Schaefer | ||
| /s/ NINA TRAN | Director | February 6, 2026 |
| Nina Tran | ||
| /s/ THOMAS S. OLINGER | Director | February 6, 2026 |
| Thomas S. Olinger | ||
| /s/ ROBERT S. SULLIVAN | Director | February 6, 2026 |
| Robert S. Sullivan | ||
Item 8 and Item 16(a) (1) and (2)
Index to Consolidated Financial Statements and Schedule
| Reports of Independent Registered Public Accounting Firm (PCAOB ID: 42) | F-2 |
|---|---|
| American Assets Trust, Inc. | |
| Consolidated Balance Sheets as of December 31, 2025 and 2024 | F-7 |
| Consolidated Statements of Comprehensive Income for the years ended December 31, 2025, 2024, and 2023 | F-8 |
| Consolidated Statements of Equity for the years ended December 31, 2025, 2024, and 2023 | F-9 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2025, 2024, and 2023 | F-10 |
| American Assets Trust, L.P. | |
| Consolidated Balance Sheets as of December 31, 2025 and 2024 | F-11 |
| Consolidated Statements of Comprehensive Income for the years ended December 31, 2025, 2024, and 2023 | F-12 |
| Consolidated Statements of Partners' Capital for the years ended December 31, 2025, 2024, and 2023 | F-13 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2025, 2024, and 2023 | F-14 |
| Notes to Consolidated Financial Statements of American Assets Trust, Inc. and American Assets Trust, L.P. | F-15 |
| Schedule III—Consolidated Real Estate and Accumulated Depreciation | F-46 |
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