Investor Presentaiton

An Industrial-Focused, High-Quality Canadian REIT (TSX: PRV.UN) As at June 30, 2023 $1.06B 6.5M Total Owned Gross Assets Leasable Area (sq. ft.) 10.8M Managed Gross Leasable Area (sq. ft.) 129 Properties4 Across Canada 80.5% Industrial Gross Leasable Area (sq. ft.) 71.9% Industrial 99.0% 4.1 Occupancy Weighted Average Western Canada Ontario Quebec ■■Atlantic Canada Rate¹ Lease Term 26 15 13 75 (years) 8.2% $0.45 12.2% 24.1% 12.0% 51.7% Net Operating Income² Distribution Yield³ Annual Cash Distribution/Unit (100% Tax Deferred- Estimated) % Portfolio breakdown by Gross Leas as at June 30, 2023. › Leasable Area ("GLA") 1 Includes committed space of approximately 182,563 square feet, as at June 30, 2023. The occupancy at June 30, 2023 excludes a retail property and an industrial property totalling 84,000 square feet under redevelopment. 2 Comparison period is the three month period ended June 30, 2022. 3 Distribution yield is calculated as annual distribution per trust unit of $0.45 divided by the closing trust unit price of $5.46 as at August 8, 2023. 4 Of 129 properties, 87 are 100% owned and 42 are 50% owned as at June 30, 2023. PROREITTSX:PRV.UN INVESTOR PRESENTATION / OCTOBER 2023 2

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