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Investor Presentaiton

Our Strategy to Generate Value Increase scale through organic and acquisitive growth Build robust pipeline of accretive acquisitions Leverage Crestpoint joint operation1 / Pursue expansion and select modest redevelopment opportunities Nurture existing tenant relationships, ensuring retention and growth Capitalize on asset and property management synergies Focus on light industrial properties in Canada / Continue to focus on high-quality light industrial real estate / Select best locations close to major transportation links and high growth population centres / Focus on multi-purpose space with diversified tenants / Capture opportunities in attractive Canadian cities Optimize balance sheet and capital allocation / Grow AFFO per unit performance / Deploy capital with focus and discipline Maintain consistent distributions Medium-Term Targets (3-5 years)1: $2B in Asset Value 90% Industrial Base Rent 1 Medium-term targets are based on the REIT's current business plan and strategies and are not intended to be a forecast of future results. The medium-term targets contemplate the REIT's historical growth and certain assumptions including but not limited to (i) current global capital market conditions (ii) access to capital (iii) interest rate exposure (iv) availability of high-quality industrial properties for acquisitions (v) dispositions of retail and office properties and (vi) capacity to finance acquisitions on an accretive basis. 1 Refer to slide 16 for details. PROREITTSX:PRV.UN INVESTOR PRESENTATION / OCTOBER 2023 15
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