Investor Presentaiton

VALUE CREATION EXAMPLE Planning entitlements for 5.3 million sf. (incl. 14 towers > 20 stories) Full 20-year build-out would yield $250 million in potential value above the current IFRS value DVP PHARMACY AVE Pharmacy LRT STN EGLINTON AVE E SMARTCENTRES REIT | Q4 2019 INVESTOR PRESENTATION 1900 EGLINTON AVE E WARDEN AVE HWY 401 ΑΝ Hakimi Lebovic LRT STN QUINTON CROSSTOWN LEBOVIC AVE 14

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