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Whitestone REIT Investor Presentation

"CONSUMER DRIVEN" BUSINESS MODEL WE PROACTIVELY LEASE TO CRAFT THE OPTIMAL TENANT MIX (continued) Expiring Leases Sq. Ft. 707 722 Upcoming Lease Expirations (Sq. Ft. in 000's) Weighted average remaining lease term 800 662 596 540 600 400 = = 4.0 years • Potential to capture growth from below market leases 200 371 171 151 160 68 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Whitestone has nationally- 1 Shorter duration, 3 – 5 year terms - 2 Annual increases of 2 - 3% aligned, commission-driven 3 Personal guarantees leasing teams that employ 5 key practices: 4 No lease covenants 5 No lease co-tenancies 15 WHITESTONE REIT INVESTOR PRESENTATION FIRST QUARTER 2021 W

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