Investor Presentaiton

CONTINUED FAVOURABLE MARKET DYNAMICS SMU focus on high growth Canadian markets • Key urban centres Population growth Strong labour pools Access to major highway and transportation links • Supply/demand imbalance L 24 | Q1 2022 INVESTOR PRESENTATION • • • Available space remains scarce Lack of available land for development New development not keeping up with demand Onshoring/reshoring of inventories Tenant business growth Market tightness fuelling financial metrics • . Appreciation in property values Record rental rate increases Landlord-friendly market Summit IREIT

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