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Investor Presentaiton

Our Homebuilder Relationships Offer Many Advantages Preferred partnership with PulteGroup, but also work with other national, regional and local builders ►Allows us to partner with, instead of competing against, the best homebuilders Lower initial upfront investment ▶Projected to deliver stabilized yields favorable to one-off acquisitions ▶More flexible with regards to what is acquired, e.g. partial or Pulte Rendering full communities No land bank, builder G&A load, direct supply-chain concerns, or developer risks 1,932 homes under contract from various homebuilders as of 3/31/22, with deliveries in 2022, 2023 and beyond 12 invitation homes
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