Investor Presentaiton

Location: High-Growth Markets High-growth markets; In-fill neighborhoods with proximity to jobs, transportation, and schools 95% of revenue from Western Seattle U.S., Sunbelt, and Florida (1) 6% 5.3% avg annual SS-NOI growth Northern California 6% from 2017 to 2020 29% more home price appreciation than U.S. avg since 2012 (1) 2.2x more job growth than U.S. avg since 2012 (1) Southern California 13% Las Vegas 4% Phoenix 9% Denver 3% Minne- apolis 1% Chicago 3% Carolinas 6% Dallas 3% Atlanta 13% Jacksonvil 2% Houston 2% Orlando 7% Tampa 10% Percent of 1Q21 revenue Sources: Company data, John Burns Real Estate Consulting, S&P CoreLogic Case-Shiller home price indices. (1) As of or for the quarter ended March 31, 2021. 19 South Florida 12% invitation homes

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