Investor Presentaiton

12. 2. DEVELOPMENT & EXPANSION CURRENT DEVELOPMENT PROJECTS PLANNING AND PERMITTING 77% 2,320,673 SF UNDER CONSTRUCTION 23% Over 2.3 million sq. ft. in pipeline 94% in GTA 37% on balance sheet ~333,000 sq. ft. anticipated to become income producing in 2022 5 potential near-term expansion projects ✓ Net zero carbon expansion project Acquired 72 acres of development land during Q1 with potential to develop 1.3 million sq. ft. of GLA 33 | Q1 2022 INVESTOR PRESENTATION Summit IREIT

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