Investor Presentaiton

d Project/Property46 Dream Unlimited Corp. Building Better Communities Total residential Residential Type Entity Dream Ownership(1) units Status at completion (at 100%)(2) GFA(1) (at 100%) Total commercial and retail GLA(2) (at 100%) In-place and committed occupancy 33 Occupancy/ stabilization date Development segment Downtown Toronto & GTA Residential and Mixed-Use: Riverside Square (Phase 2) Canary Commons (Block 12) Canary Block 13 Canary Block 10 WDL Block 8 WDL Block 3/4/7 Build to sell Dream 32.5% Planning 227 195,000 43,000 2022 Build to sell Dream 50.0% Under construction 401 372,000 15,000 100.0% 2022 WDL Block 20 Build to hold Dream Various Dream/Dream Impact Build to hold Dream/Dream Impact Build to hold Dream/Dream Impact Build to hold Dream/Dream Impact 50.0% 33.3-50.0% Planning 477 468,000 7,000 TBD Planning 206 158,000 25,000 2024 33.3% Under construction 770 623,000 4,000 2023 33.3% Planning 855 830,000 39,000 2025 33.3% Planning 661 586,000 262,000 TBD Distillery District - 31A Parliament Build to hold Dream 50.0% Planning 500 448,000 300,000 30.7% TBD Lakeshore East TBD Frank Gehry Dream/Dream Impact Build to sell Dream/Dream Impact 50.0% Planning 1,100 989,000 32,000 TBD 33.3% Planning 1,500 1,652,000 260,000 TBD Brightwater I and II Brightwater future blocks Seaton Build to sell Various Dream/Dream Impact Dream/Dream Impact 31.0% Planning 311 31.0% Planning 2,684 216,000 2,897,000 110,000 2023 290,000 2024-2032 Build to sell Dream Impact 7.0% Planning TBD TBD TBD TBD Scarborough Junction Other Zibi (Ottawa/Gatineau): Block 2-3 Block 208 Block 10 Block 211 Block 206 Build to sell Build to sell Dream Impact Various 45.0% Planning 6,619 5,270,000 Various Various Total Downtown Toronto & GTA 1,195 17,745 1,304,000 165,000 58,000 TBD TBD 16,208,000 1,610,000 33.7% Block 11 Block 207 Future blocks Build to hold Dream/Dream Impact Build to hold Dream/Dream Impact Build to hold Dream/Dream Impact Build to hold Dream/Dream Impact Build to hold Dream/Dream Impact Build to hold Dream/Dream Impact Build to hold Dream/Dream Impact Various 89.0% Under construction 55,000 81.2% 2021 89.0% Under construction 89.0% Under construction | |8 34,000 79.8% 2022 162 147,000 1,500 2022 89.0% Under construction 185,000 86.0% 2021 89.0% Planning 198 166,000 14,000 2023 89.0% Planning 126 116,000 5,000 2023 89.0% Planning 90,000 2023 Dream/Dream Impact 89.0% Planning 1,233 Total Zibi (Ottawa/Gatineau) U.S. 1,719 1,387,000 1,816,000 2,054,000 2,438,500 TBD 84.3% Las Vegas industrial site Build to hold Dream 10.0% Planning Hard Rock/Virgin Hotel, Las Vegas Build to sell Dream Impact 10.0% Under construction Total U.S. 464,000 TBD TBD 2023 464,000

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