Investor Presentaiton

Why Healthcare Real Estate? Northwest focuses on the cure segment of the healthcare real estate spectrum, a defensive asset class that provides attractive risk adjusted returns, driven by an aging population. b 偷 Growing demand for healthcare Aging, population growth (including chronic disease and latent demand arising from COVID-19) Growing need for life & health science space Life & health science growing rapidly, driven by increased funding and emerging technologies Sustained population migration Shift of population creating outsized need for medical facilities in local markets Shift of care to lower-acuity facilities Increasing number of procedures being performed outside of hospitals Increased M&A activity Consolidation and PE ownership increasing number of sophisticated players at scale Transition towards medical clusters Demand for clusters that combine educational and clinical facilities with other amenities ☑northwest NWH REIT | Q4 2023 FINANCIAL RESULTS PRESENTATION | 6

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