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Whitestone REIT Investor Presentation

14 "CONSUMER DRIVEN" BUSINESS MODEL WE PROACTIVELY LEASE TO CRAFT THE OPTIMAL TENANT MIX Leasing Spreads (1) Executed Leases Sq. Ft. (New and Renewal) 12.0% 10.3% 10.1% 10.0% 1200 10.0% 8.9% 966 953 982 8.2% 1000 901 7.8% 8.0% 7.0% 724 800 676 638 6.0% 600 4.0% 400 2.0% 200 0.0% 0 2015 2016 2017 2018 2019 2020 1Q21 2015 2016 2017 COVID COVID 2018 2019 2020 1Q21(A) COVID COVID WHITESTONE REIT INVESTOR PRESENTATION FIRST QUARTER 2021 W

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