Granite's Evolution

HIGH QUALITY & CREDITWORTHY TENANT BASE Annualized Top 10 Tenants GLA % WALT Revenue % Credit Rating1,2 Magna Amazon MAGNA amazon 29% 22% 4.4 A- 5% 4% 17.2 AA True Value Company TrueValue. 3% 2% 19.2 NR ADESA ADESA 2% -% 7.6 NR Other Tenants ACE Hardware Walmart LGI Logistics Group International MEMBER OF ELANDERS GROUP MARS petcare SAMSUNG Restoration Hardware RH 2% 2% 6.3 Ba2 DECATHLON Hanon Systems Hanon 2% 1% 7.7 AA SYSTEMS wayfair Spreetail FTP Spreetail 2% 2% 4.8 NR Light Mobility Solutions Gmbh פה 2% 1% 1.9 NR KUEHNE+NAGEL Ingram Micro INGRAM 2% 2% 3.0 BB- Cardinal Health™ Cornerstone Brands CST 2% 2% 2.8 B+ GEODIS RICOH Top 10 Tenants 51% 38% 6.8 Creditworthy non-Magna tenants each comprising less than 10% of Revenue and GLA March 2022 1 Credit rating is quoted on the S&P or equivalent rating scale where publicly available. NR refers to Not Rated. 2 The credit rating indicated may, in some instances, apply to an affiliated company of Granite's tenant which may not be the guarantor of the lease. 16

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