ESG Initiatives and Development Overview

3.0 THRIVING NEIGHBOURHOODS - FAIR VALUES ACROSS CANADA'S MAJOR CITIES Western Canada Neighbourhoods Vancouver, Calgary, Edmonton Central Canada Toronto Eastern Canada Montreal, Ottawa 41 Neighbourhoods 66 Neighbourhoods 41 GLA 6.2m GLA 8.6m GLA 4.8m Fair Value % 30% Fair Value % 54% Fair Value % 16% Vancouver 10% Edmonton 10% Calgary 13% SW Ontario 3% 40% Toronto Kitchener/Waterloo/Guelph 14% Montreal 5% Ottawa 5% First Capital 11

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