Investor Presentaiton

Recent Growth & Investment Pipeline Recent Acquisitions FARMLAND PARTNERS Investment Criteria Date Price ($mm) State Yield(a) Comments • Targeting 4% blended gross yield (revenue on cost) • 1/2022 $1.5 IL 3.6% 177 farmable acres 3/2022 $3.0 IL 4% 346 farmable acres • 3/2022 $2.6 NE 5.2% 425 farmable acres 3/2022 $0.9 IL 65 farmable acres ° 5/2022 $2.4 IL 166 total acres Strong water availability Sustainable agronomic practices Tenant availability Priced fairly as agriculture land Disciplined approach 5/2022 $0.7 6/2022 $11.6 6/2022 $3.4 6/2022 $2.0 NE 7/2022 $4.8 8/2022 $1.8 9/2022 $2.1 ZFFFF *k 79 total acres NE * 838 total acres 280 total acres 158 total acres 286 total acres * 199 total acres * ° 10/2022 $1.3 IL 10/2022 $3.2 IL 10/2022 $2.0 IL 11/2022 $17.2 OH 12/2022 $12.1 TX 3,843 total acres 12/2022 $6.5 IL 594 total acres (OZ Fund deal) 161 total acres 82 total acres 164 total acres (OZ Fund deal) 188 total acres Land and buildings for 4 agriculture equipment dealerships Lead Generation / Deal Origination Farm managers located in key agricultural markets Referrals from network of tenants across the country with extensive farming experience and relationships in the industry Market intelligence from FPI's affiliate auction and brokerage business lines FPI receives consistent inbound inquiries, as a large buyer of farms with access to capital Public sales processes 12/2022 $2.2 IL 291 total acres Total $81.3 $71.7 million by FPI $9.6 million by OZ Fund (a) Approximate going-in gross yield (revenue/cost). * indicates yield not disclosed. FPI 11 LISTED NYSE

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