NEXUS INVESTOR PRESENTATION

A Diversified Portfolio With An Industrial Focus Industrial Portfolio 85% of NOI(1) Stable Cash Flow, Long-Term Leases, and Embedded Rent Escalations Provides stability to Nexus as cash flows are stable, long-term, and contain embedded yearly rent escalations • Properties are crucial and integral to the day-to-day operations of several tenants reducing re-leasing risk • Majority of Nexus' industrial portfolio is located in high-demand industrial nodes across Canada Retail Portfolio 10% of NOI (1) Many Investment Grade, High-Quality National Tenants Offering Necessity- Based Products • Grocery-anchored retail assets located in the Greater Quebec City and Montreal areas Sandalwood Management provides property management services to a significant portion of the retail portfolio • High-quality tenants such as Shopper's, Dollarama, Metro, National Bank, Super C, Canadian Tire, and SAQ (Quebec's provincial liquor retailor) • • Office Portfolio 5% of NOI (1) Majority of Urban Office Assets Located in the Downtown Montreal Core Tenants include, Sunlife, Xerox, The Notaries of Quebec, Public Works Government and Service Canada Concentration of Old Montreal character properties 1. Q2-2022 NEXUS INVESTOR PRESENTATION SEPTEMBER 2022 PHARMAPRIX Super C RDIAN TIRE 4

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