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Investor Presentaiton

Commercial Volumes Accelerating Commercial Market Sales Volume (¹) ($ in Billions) FAF Direct Revenues $ Millions NCSD ☐ Local $800 $900 $800 753 767 696 696 $600 $700 661 109 112 638 96 102 573 598 582 514 494 590 $600 99 550 108 500 $500 $400 454 427 $400 44% 387 379 311 $300 644 655 601 594 562 269 $200 261 530 $200 181 155 $100 72 $0 $- 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2015 2016 2017 2018 2019 2020 6Mo'20 6Mo'21 Commercial - Current Trend and Outlook Sustained revenue growth expected to drive record performance this year Pipeline is strong and large transactions have resumed Broad based strength across markets although continue to see some disparity in health of different asset classes and certain urban markets Capital availability and low interest rates continue to support the market and transaction activity level 11 (1) Source: Real Capital Analytics ULI Real Estate Economic Forecast May 2021 (includes purchase transactions over $2.5 million only) AMERICA 22 SQUARE PEDESTAL 24% SQUARE PEDESTAL 35 SOLARE PEDESTAL First American
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