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Investor Presentaiton

Dispositions During FY23, Northwest divested $495.2 million (1) of its non-core assets and securities. Sales of Non-Core Investment Properties During 2023, The REIT announced its initiative to sell non-core assets. The REIT divested properties with a fair value of $360.7 million (2) to repay property level debt, corporate credit facilities & Australasian term debt. Sales of Unlisted Securities The REIT sold approximately 63% of its investment in unlisted securities for proceeds of $134.5 million. Dispositions - Non-Core Investment Properties Region Quarter Disposition Proceeds (in Millions) Americas Q2 74.2 Australasia Q2 48.8 Australasia 74.9 The proceeds were used towards the full repayment of the Australasian term debt, secured by the underlying unlisted securities. Americas Q4 74.4 Australasia Q4 88.4 TOTAL 360.7 Net proceeds from dispositions will be allocated to repay high-cost corporate debt on an accretive basis Notes: (1) All values shown on a consolidated portfolio basis. (2) $232m on a proportionate basis. Source: Q4 2023 MD&A ☑northwest NWH REIT | Q4 2023 FINANCIAL RESULTS PRESENTATION | 25
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