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Investor Presentaiton

End Notes Note Explanation The State of Food Security and Nutrition Around the World, UN FAO, July 2022. See table on p. 50/260. Green Street Advisors U.S. Farmland sector primer 2 2. pp. 10-12, 43 3. pp. 14-16 4. pp. 7, 29 3 U.S. and State-Level Farm Income and Wealth Statistics 4 5 6 7 8 https://www.fao.org/publications/sofi/2022/en/ Link FARMLAND PARTNERS https://s201.q4cdn.com/607655624/files/doc_presentation/2021/09/15/U.S.-Farmland-Green-Street-Sector- Primer.pdf https://www.ers.usda.gov/data-products/farm-income-and-wealth-statistics/data-files-u-s-and-state- level-farm-income-and-wealth-statistics/ https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD World Bank Group . Per capita values for gross domestic product (GDP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor World Bank Group; 1 hectare = 2.47105 acres United Nations, Department of Economic and Social Affairs, Population Division (2022). World Population Prospects 2022, Online Edition. Forecast data represents medium fertility variant 2022 - 2100. USDA NASS QuickStats. . Ag Land AG LAND, INCL BUILDINGS - ASSET VALUE, MEASURED IN $/ ACRE Crop Land AG LAND, CROPLAND - ASSET VALUE, MEASURED IN $/ACRE USDA NASS QuickStats. • Ag Land AG LAND, INCL BUILDINGS - ASSET VALUE, MEASURED IN $/ ACRE Inflation information: U.S. Bureau of Labor Statistics, CPI for All Urban Consumers (CPI-U) Sources data: USDA Farm Service Agency. Total excludes grass mixed forage, CRP (conservation resource program), fallow, idle Uses data https://data.worldbank.org/indicator/AG.LND.ARBL.HA.PC https://population.un.org/wpp/Download/Standard/Most Used/ https://quickstats.nass.usda.gov/#706FA95D-B8DC-339D-B825-CB79EE1598D6 https://quickstats.nass.usda.gov/#C10D0DF6-B9D8-3F2A-8892-5728B2BC37D4 https://data.bls.gov/timeseries/CUURO000SAO?years_option=all_years https://www.fsa.usda.gov/news-room/efoia/electronic-reading-room/frequently-requested- information/crop-acreage-data/index https://www.ers.usda.gov/data-products/feed-grains-database/feed-grains-yearbook-tables.aspx https://www.usda.gov/oce/commodity/wasde 9 • Corn: USDA Feed Grains Database, combination of tables 4 and 31 Soybeans: USDA WASDE data Wheat: USDA WASDE data 10 n/a 11 n/a 12 United Nations, FAOSTAT; rank shown by 2020 production 13 USDA NASS QuickStats 14 USDA America's Farms and Ranches at a Glance 2022 Edition (12/2022) 15 United States Census of Agriculture reports from 1964, 1969, 1974, 1978, 1982, 1987, 1992, 1997, 2002, 2007, 2012, 2017 https://www.usda.gov/oce/commodity/wasde https://beermapping.com/location/10200 https://www.deere.com/en/harvesting/x-series-combines/x91100-combine https://www.fao.org/faostat/en/#data/QCL/visualize https://quickstats.nass.usda.gov/# DE946843-36B2-3B01-AFC7-65E592CDA58D https://www.ers.usda.gov/publications/pub-details/?pubid=105387 https://agcensus.library.cornell.edu 28 FPI LISTED NYSE
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