PMAT | Tenant Relationships = Investor Results | SOAR - Suburban Open-Air Retail We have transacted on approximately 12,500,000 square feet of primarily grocery, off price, discount, and fitness anchored shopping centers across the Southeast, Midwest, Southwest and beyond since inception in 2003 with a combined capital markets experience of $1,500,000,000.Our proven thesis is that macro market inefficiency creates micro market opportunity for nimble, private capital. There is currently a disconnect in individual asset level decision making from broader portfolio and geographic focused decision making. This disconnect is providing superior risk adjusted returns on Suburban Open Air Retail (SOAR) assets that our strong and expanding tenant partners in the leasing market value significantly higher than the primarily institutional participants in the investment sales market. With this perspective, we apply a targeted acquisition platform to purchase Select Open Air Retail within our specific niche of retail anchored primarily by strong grocer, off-price, discount, necessity and fitness tenants that are: • fundamentally strong assets with • well-performing tenants with a good corporate story • producing solid sales and sustainable health ratios at the center while • paying replaceable, below market rents at • locations and markets that maintain strong, pent up retailer demand from an individual submarket perspective—even if the macro market is currently out of favor.Please review our website for more information:www.pmat.net