Invitation Homes Investor Presentation Deck

Location: High-Growth Markets We focus on high-growth markets and in-fill neighborhoods with proximity to jobs, transportation, and schools ~96% of revenue from Western U.S., Sunbelt, and Florida 6.6% avg annual SS-NOI growth from 2017 to 2022 >34% more home price appreciation than U.S. avg since 2012 (¹) 1.8x more job growth than U.S. avg since 2012 (1) Seattle 6% Northern California 6% Southern California 11% Las Vegas 4% Phoenix 10% Denver 3% Dallas 3% Houston 2% 13 Minne- apolis 1% Percent of 3Q23 revenue Chicago 3% Atlanta 13% Tampa 10% Carolinas 6% Jacksonvill 2% Orlando 8% South Florida 12% (1) Sources: John Burns Real Estate Consulting, S&P CoreLogic Case-Shiller® Home Price Indices, August 2023. Growth rates are for the entire market in which IH owns homes, weighted by IH home count, and represent market-level data for the entire market rather than IH home-specific data. invitation homes

View entire presentation