Bank of America Investment Banking Pitch Book

SIRE Situation Overview Historical Trading Performance Distribution Yield (Last Five Years) 20.0% 8 15.0% 10.0% 5.0% 0.0% 12.0x EV / LTM EBITDA (Last Five Years) 15.0x 9.0x 6.0x 3.0x Jul-17 0.0x Jul-18 Jul-17 Jul-18 Source: Company disclosure and FactSet as of July 1, 2022. SIRE currently trades at an 11.2% distribution yield makump Jul-19 Jul-19 Jul-20 SIRE suspended its distribution from August 2020 through October 2021 mahm Jul-20 www Jul-21 Jul-21 зачить 11.2% Jul-22 Jul-22 7.8x

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