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Whitestone REIT Investor Presentation

CAPITAL MANAGEMENT & STRONG PERFORMANCE 3❘ CORPORATE GOVERNANCE HIGHLIGHTS Board declassification with annual elections of all Trustees began in 2020 • Appointment of Lead Independent Director in 2019 • Five out of six 2020 Trustees are Independent . • Independent Compensation Consultant since 2018 Engaged in executive compensation discussions with approximately 85% of our institutional shareholder base and improved our 2021 Say on Pay Vote result to 86% from 36% in just three years. • Engagement with ISS Consulting since 2018 Stock ownership guidelines for NEOs established in 2018: 3-5x base salary 35 WHITESTONE REIT INVESTOR PRESENTATION FIRST QUARTER 2021 W

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