Harbor Custom Development Investor Presentation Deck

Balance Sheet & Liquidity Position BALANCE SHEET REMAINS STABLE AND PROVIDES PLATFORM FOR FUTURE GROWTH OPPORTUNITIES Cash and Cash Equivalents Total Debt CAPITALIZATION SUMMARY Stockholders' Equity Net Debt / Total Capital Ratio ● ● HIGHLIGHTS Ended Q1 2023 with $7.7 million liquidity Real estate leverage ratio at 60.0% Book value at $68.9 million $8.3 $153.9 $68.9 67.9% The table figures are in millions. Figures as of March 31, 2023 LIQUIDITY Unrestricted Cash and Cash Equivalents Revolver Availability Liquidity HARBOR CUSTOM DEVELOPMENT | INVESTOR DECK $7.7 $0.0 $7.7 REAL ESTATE LEVERAGE RATIO Construction and Related Party Construction Loans Real Estate Assets Real Estate Leverage Ratio $130.7 $217.8 60.0% 17

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