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Columbia Investor Day

2020 GUIDANCE* Assumptions Acquisition of 201 California, San Francisco, in December 2019 Disposition of Westinghouse Campus and Pasadena Corporate Park anticipated in Q1 2020 • Close on Normandy acquisition between December 2019 - January 2020 Same-store NOI growth of 8% -11% (cash basis) Guidance Low High Net Income $0.28 $0.31 Depreciation & Amortization $1.18 $1.20 Normalized Funds from Operations $1.46 $1.51 *Excludes income (expenses) on future acquisitions and dispositions, as such amounts are excluded from NFFO. 10 10
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