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Investor Presentaiton

COMPANY HIGHLIGHTS CITY OFFICE REIT INVESTING IN LEADING SUN BELT MARKETS Bloc 83, Raleigh ☐ Attractive Sun Belt markets are capitalizing on labor force migration and corporate relocations ☐ Population shift to the Sun Belt has been accelerated by the pandemic City Office markets are the intersection of high quality of life, strong talent pool and relative affordability HIGH-QUALITY, DIVERSIFIED PORTFOLIO Mission City, San Diego ☐ 5.7 million square feet of well-located properties across 58 buildings Majority of the portfolio is Class A, core assets with strong tenancy Entire portfolio had 99%+ rental collections throughout the pandemic MANAGEMENT TEAM WITH AN EXCELLENT TRACK RECORD Sorrento Mesa, San Diego Vical CIO's eleven dispositions have generated over $560 million of gains on sale Successful execution on property repositionings 36% growth in Core FFO per share since the start of the pandemic TAKING ACTIVE STEPS TO POSITION FOR LONG TERM SUCCESS The Terraces, Dallas Strategic investments in property upgrades and spec suites to optimally position the portfolio for leasing Selective disposition of non-core properties to focus portfolio and enhance liquidity and flexibility Long term opportunities: acquisitions, development, redevelopment and investment participation options 4
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