PitchSend

Investor Presentaiton

(1) (2) (3) INVESTING IN LEADING SUN BELT MARKETS CITY OFFICE REIT NATION-LEADING OFFICE DEMAND DRIVERS CIO PORTFOLIO UTILIZATION (2) ☐ Steady increase in utilization over time % PROJECTED POPULATION GROWTH 2023 - 2028 (1) % PROJECTED EMPLOYMENT GROWTH 2023 - 2028 (1) 0.1% 1.1% 0.5% 0.4% 0.3% 80% 0.9% 60% Gateway Markets National Avg CIO Markets Gateway National Markets Avg CIO Markets 40% 20% Q4 2020 20% 0% Q3 2023 65% 2022 NET MIGRATION FAVORS SOUTH AND WEST (3) PORTFOLIO LOCATED IN DESIRABLE SUBMARKETS ☐ Phoenix: Downtown, Scottsdale, Tempe, Camelback Corridor, Chandler ☐ Raleigh: Downtown - Glenwood South ☐ Tampa: Downtown Tampa, Downtown St. Petersburg ☐ ப Dallas: Preston Center, Uptown ☐ Denver: Denver Technology Center, Northwest Corridor Green is top-10 Red is bottom-10 ☐ Orlando: Downtown Orlando, Florida Research Park ☐ ப San Diego: Mission Valley ☐ Seattle: Eastside / Bothell ☐ Portland: Sunset Corridor Source: Emerging Trends in Real Estate 2023. Gateway markets represent New York, NY, Boston, MA, Chicago, IL, Los Angeles, CA, San Francisco, CA and Washington, D.C. Initially measured as individuals in office divided by total seats as observed by property managers. In October 2022, the methodology was updated to be measured as individuals in office divided by assigned seats Source: National Association of Realtors aggregation of US Census Bureau data for 2022 domestic net migration 5

View entire presentation