Investor Presentaiton
Disclaimer
FARMLAND
PARTNERS
Forward-looking Statements
This presentation made by Farmland Partners Inc. (the "Company," "FPI," "we," "us," or "our") contains "forward-looking
statements" within the meaning of the federal securities laws. Forward-looking statements generally can be identified by the use
of forward-looking terminology such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" or similar expressions or their negatives, as well as statements in future tense.
These statements include, among others, beliefs about the current condition of the market for agricultural real estate and our
management's estimates with respect to net asset value per share. Although the Company believes that the expectations
reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-
looking statements are not predictions of future events or guarantees of future performance and our actual results could differ
materially from those set forth in the forward-looking statements. For certain factors that might cause such a difference, see the
section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, and the
Company's other filings with the Securities and Exchange Commission. Any forward-looking information presented herein is
made only as of the date of this presentation, and the Company does not undertake any obligation to update or revise any
forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
Use of Market Data
We use market data throughout this presentation that has generally been obtained from publicly available information and
industry publications. These sources generally state that the information they provide has been obtained from sources believed to
be reliable, but that the accuracy and completeness of the information are not guaranteed. The forecasts and projections are
based on industry surveys and the preparers' experience in the industry, and there is no assurance that any of the projected
amounts will be achieved. We have not independently verified this information.
Non-GAAP Financial Measures
This presentation includes the use of certain non-GAAP financial measures, including Adjusted Funds from Operations ("AFFO")
and earnings before interest, taxes, depreciation and amortization for real estate ("EBITDAre"). For the definitions of these
measures and reconciliations of these measures to the most comparable GAAP measure, see pages 25-27 of this presentation.
All data presented is as of the date of this presentation, unless noted otherwise.
Farms photos on cover page are Bonita Break (Louisiana) above Cougar (California).
FPI
2
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