GROWTH STRATEGY

COMPANY OVERVIEW Vast $145 Billion Total Addressable Market Marketplace ~$95B TAM in 2021 (1) Management ~$50B TAM in 2021 (2) $20B SFR Brokerage Fees (3) $37B Total Serviceable SFR Market in 2021 $17B SFR Property Management Fees(4) Appreciate No Marketplace or Manager has >1% market share (5) (1) The Iceberg Report, Freddie Mac, John Burns Real Estate Consulting, Company Estimates (2) IBISWorld (3) National Association of Realtors, CoreLogic (4) IBISWorld, U.S. Census Bureau, John Burns Real Estate Consulting (5) The Iceberg Report, Freddie Mac, John Burns Real Estate Consulting, Company Estimates Private & Confidential 13

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