ESG Initiatives and Development Overview

3.0 THRIVING NEIGHBOURHOODS - GROWTH IN 5KM POPULATION DENSITY Q1 2022 5km population of 300,000 people . Up 93,000 or 45% from December 2016 Making FCR a leader amongst our North American peer group (1) Achieved long-term goal of 300k people by 2021 in Q3 2020 250,000 +20% 215,000 207,000 300,000 +20% 304,000 300,000 290,000 2016 2017 2018 2019 2020 2021 Q1 2022 5 km Population (1) North American Peer group includes: Riocan, SmartCentres, Choice Properties, Federal, and Regency Centres First Capital 13

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