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Investor Presentaiton

GROWTH CONTINUES IN Q1 2022 Three Months Ended March 31 2022 2021 (000's except per Unit amounts) Revenue from investment properties $59,115 $52,710 Net rental income $43,137 $38,774 Change in SPNOI (¹) +1.8% +2.6% FFO (¹) FFO per Unit (¹) (1) FFO payout ratio (excluding DRIP benefit) Weighted average Units outstanding $32,491 $28,182 $0.183 $0.168 77.1% 80.4% 177,757 167,823 (1) Non-GAAP measure. Refer to Appendix A | Non-GAAP Measures in the REIT's MD&A for the three months ended March 31, 2022 for further information, including definitions and reconciliations. 14 | Q1 2022 INVESTOR PRESENTATION Summit IREIT
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