Investor Presentaiton

11. ACCRETIVE ACQUISITIONS 2022 YTD Activity: ✓ $56.7 million income-producing property acquisition in Montreal • 226,646 sq. ft. 4.5% going-in cap rate 150,000 sq. ft. expansion expected to be acquired in 2022 $54.9 million deployed for remaining interest in Guelph JV development • 2 properties (441,921 sq. ft.) 4.7% consolidated cap rate Disciplined underwriting criteria 32 | Q1 2022 INVESTOR PRESENTATION Summit IREIT

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