Investor Presentaiton

Key Takeaways and Updates We remain strategically positioned to pursue growth opportunities and enhance the resident experience Our strong Same Store results continued in May: ☐ ☐ New lease rate growth accelerated to 16.5% (+240 bps YoY) in May, up from 15.5% in April and 14.8% in 1Q22 Renewal rate growth accelerated to 10.3% (+450 bps YoY) in May, consistent with April and up from 9.7% in 1Q22 Blended rate growth accelerated to 11.8% (+380 bps YoY) in May, up from 11.5% in April and 10.9% in 1Q22 Average occupancy of 98.0% in May Our prudent capital sourcing and multi-channel acquisition strategy help us to achieve our growth goals, including an expanded pipeline of new homes from our builder relationships and our new, premier-product JV with Rockpoint Our best-in-class resident experience focuses on choice and flexibility, which we continue to enhance in new ways such as through our investment in Pathway Homes and in providing a worry-free leasing lifestyle. Our builder relationships are helping to bring new supply of housing to the marketplace Charlotte 3 invitation homes

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