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Whitestone REIT Investor Presentation

6 PREMIER LOCATIONS IN HIGH GROWTH MARKETS WE OWN PROPERTIES WHERE PEOPLE ARE MOVING Estimated 5 - Year MSA Population Growth Rate 2017-2022 (1) Dallas-Fort Worth Houston Phoenix San Antonio 8.8% Austin 9.7% 6.6% 8.0% 0 2 4 6 8 Population in Millions 9.7% CO NC TN AZ WHITESTONE REIT INVESTOR PRESENTATION FIRST QUARTER 2021 TX GA FL CURRENT MARKETS Texas Houston, Austin, Dallas, Ft. Worth, San Antonio Arizona Phoenix, Scottsdale, Mesa, Gilbert, Chandler POTENTIAL EXPANSION Florida Georgia North Carolina Tennessee Colorado W

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