GROWTH STRATEGY slide image

GROWTH STRATEGY

Appreciate COMPANY OVERVIEW Appreciate Delivers Value To Investors Marketplace +17% Higher Year One Rent Using Resident-in-Place Transactions (1) 103% Overachievement vs. Underwritten Rent Leveraging Proprietary Rent Data (2) >100 In-Market Brokers Applying Local Market Expertise 95% Institutional Marketplace Conversion From End- to-End Platform Accountability (3) Management 68 YTD Average Net Promoter Score Indicating Excellent Customer Satisfaction (4) >65,000 Scheduled Showings in 2021 Using Proprietary Listing Syndication 18 month Long Average Initial Lease Term Reduces Resident Turnover $145M of e-Payments Processed in 2021 with Simplified Portal and App-Based Payments (1) Based on average two month listing to move-in date interval (2) Company Information (3) Represents 2021A percentage of Institutional buy-side transactions that led to a new managed property (4) Based on YTD data per Birdeye Private & Confidential 20 20
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