Strategic Plan to Exit Office slide image

Strategic Plan to Exit Office

Lease Expirations and Average Lease Term (1) Weighted-average lease term of 11.0 years 50% 40% 30% 20% 10% Lease Expirations (% ABR) (2) 6.1% 5.7% 4.6% 4.9% 4.8% 4.8% 5.0% 5.5% 4.4% 3.2% W. P. CAREY 50.0% 1.0% 0% (3) 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Thereafter 1. Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of September 30, 2023. 2. Assumes tenants do not exercise any renewal or purchase options. 3. Includes ABR of $38.8 million from the U-Haul net lease self-storage portfolio. The Company received notice during the 2023 first quarter from a related party of U-Haul of its intention to exercise its repurchase option on the properties in this portfolio. 20
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