Investor Presentaiton

Level 3 Strategy... Summary of Vesta's Stage 3 strategy Becoming a world class fully integrated industrial real estate company I. Manage, maintain and improve current portfolio ☐ Improve portfolio quality through refurbishments and new developments / acquisitions and selected dispositions ■ Maintain a healthy contract expirations profile ■ Increase net effective rents ■ Maintain tenant base with high credit worthiness 2024 targets: VESTA ■ Occupancy levels of over 96% on our stabilized portfolio ■ Average portfolio age < 10 years ☐ ■ Average contract maturity > 5 years < 30% of new leases in automotive industry 76

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