Harbor Custom Development Investor Presentation Deck

Condensed Consolidated Balance Sheets HARBOR CUSTOM DEVELOPMENT | INVESTOR DECK ASSETS Cash Restricted Cash Accounts Receivable, net Notes Receivable, net Prepaid Expense and Other Assets Real Estate Property and Equipment, net Right of Use Assets Deferred Tax Asset TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY LIABILITIES Accounts Payable and Accrued Expenses Dividends Payable Contract Liabilities Deferred Revenue Note Payable - Insurance Revolving Line of Credit Loan, net of Unamortized Debt Discount of $0 and $0.6 million respectively Equipment Loans Finance Leases Construction Loans, net of Unamortized Debt Discount of $1.4 million and $1.9 million, respectively Construction Loans - Related Party, net of Unamortized Debt Discount of $0.1 million and $0.1 million, respectively Right of Use Liabilities TOTAL LIABILITIES STOCKHOLDERS' EQUITY Preferred Stock, no par value per share, 10,000,000 shares authorized and 3,799,799 issued and outstanding at March 31, 2023 and December 31, 2022 Common Stock, no par value per share, 50,000,000 shares authorized and 732,245 issued and outstanding at March 31, 2023 and 718,835 issued and outstanding at December 31, 2022 Additional Paid In Capital Retained Earnings (Accumulated Deficit) TOTAL STOCKHOLDERS' EQUITY TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ S $ $ March 31, 2023 (unaudited) 7,689,500 597,600 1,239,600 2,390,300 2,451,000 217,835,900 1,950,100 1,878,000 5,936,800 241,968,800 13,781,400 1,903,700 672,200 150,300 237,700 22,893,500 1,300 122,608,300 8,127,300 2,719,300 173,095,000 62,912,100 35,704,700 1,349,700 (31,092,700) 68,873,800 241,968,800 $ $ $ December 31, 2022 9,665,300 597,600 1,707,000 4,525,300 5,318,100 205,478,200 2,289,500 1,926,100 4,659,300 236,166,400 14,090,700 634,700 497,400 52,000 378,500 24,359,700 2,057,100 154,500 107,483,700 8,122,800 2,779,400 160,610,500 62,912,100 35,704,700 1,266,300 (24,327,200 75,555,900 236,166,400 22

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