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Investor Presentaiton

Representative Assets FARMLAND PARTNERS Row Crop Farms Crops are planted/replanted every year Crops are rotated to maximize soil health and market opportunities Tend to be commodity products like corn, soybeans, wheat, rice, cotton 90% of acres (a) in FPI portfolio (70% of total by value(a)) Representative States: IL, MI, NE, AR, MS, LA, CO, KS, MO, IA, IN, VA, NC, SC, GA, FL, TX • Permanent Crop Farms Trees, bushes, or vines are planted once and may last for 25 years or longer Tend to be more specialized products like tree nuts, citrus, avocados. 10% of acres (a) in FPI portfolio (30% of total by value(a)) Representative States: CA, AL, GA, FL, MI (a) Values shown are approximate. Dallefeld - Illinois Jayne Ave. - California FPI LISTED 8 NYSE
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