Riocan Real Estate Investment Trust · TSX:REI.UN
Riocan Real Estate Investment Trust — Shareholder Meeting (June 2022)
29 slides from Riocan Real Estate Investment Trust's shareholder meeting presentation, Jun 7, 2022
Slide 1: Quality. & Growth. Annual Meeting of Unitholders
Quality. & Growth. Annual Meeting of Unitholders June 7, 2022 RIOCAN | TSX:REI.UN
Slide 2: Edward Sonshine
Edward Sonshine NON-EXECUTIVE CHAIRMAN OF THE BOARD RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 |2
Slide 3: Program
Program Welcome & Administrative Matters Financial Statements Election of Trustees Re-Appointment of Auditors Say-on-Pay Non-Binding Advisory Vote Voting Results Business & Operations Overview Q&A RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 |3
Slide 4: Questions
QUESTIONS Registered Unitholders and duly appointed proxyholders Type your message within the chat box at the attending the meeting is able to ask questions. bottom of the messaging screen. If you would like to ask a question, select the messaging icon. Messages can be submitted at any time during t
Slide 5: Voting instructions
Once the voting has opened, the resolutions and voting choices will be displayed. To vote, simply select your voting direction from the options shown on screen. A confirmation message will appear to show your vote has been received. To change your vote, simply select another direction. If you wish t
Slide 6: Jennifer Suess
Jennifer Suess SENIOR VICE PRESIDENT, GENERAL COUNSEL & CORPORATE SECRETARY RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 |6
Slide 7: Non-GAAP Measures and Forward-Looking Information
NON-GAAP MEASURES RioCan’s consolidated financial statements are prepared in accordance with IFRS. Consistent with RioCan’s management framework, management uses certain financial measures to assess RioCan’s financial performance, which are not generally accepted accounting principles (GAAP) under I
Slide 8: Edward Sonshine
Edward Sonshine NON-EXECUTIVE CHAIRMAN OF THE BOARD RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 |8
Slide 9: Board of Trustees
BOARD OF TRUSTEES Edward Jonathan Bonnie Richard Janice Sonshine Gitlin Brooks Dansereau Fukakusa Non-Executive President and Chairman Chief Executive Officer Marie-Josée Dale Jane Siim Charles Lamothe Lastman Marshall Vanaselja Winograd |9
Slide 10: Edward Sonshine
Edward Sonshine NON-EXECUTIVE CHAIRMAN OF THE BOARD RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 | 10
Slide 11: Jonathan Gitlin
Jonathan Gitlin PRESIDENT AND CHIEF EXECUTIVE OFFICER RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 | 11
Slide 12: Quality. Growth.
Quality. Growth. RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 | 12
Slide 13: At the heart of our strategy is a clear ambition
At the heart of our strategy is a clear ambition RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 | 13
Slide 14: Our ambition
Our ambition Capitalize on our unique mix of best-in-class properties, embedded development pipeline, and compelling growth prospects to deliver solid performance and maximize unitholder returns 10-12 % annualized total unitholder returns (1) TA R G E T S 4-5% 5-7% annual FFO growth annual distribut
Slide 15: Reimagine retail
1 Reimagine retail Commit to, and continue to reimagine, our retail core | 15
Slide 16: Intelligently diversify
2 Intelligently diversify Diversify our asset base, income streams, and overall tenant mix | 16
Slide 17: Enhance customer centrism
Enhance customer centrism 3 Deepen our emphasis on customer centricity by understanding and meeting the needs of our tenants, our joint venture partners and limited partnerships | 17
Slide 18: Grow responsibly
Grow responsibly 4 Focus on enhancing our culture, ESG leadership, and prudent capital management | 18
Slide 19: RioCan by the numbers
R I O C AN B Y T H E N U M B E R S 204 properties (1) ~36M SQ FT aggregate net leasable area ~16.8M zoning approved, surfacing SQ FT value from advanced development pipeline *As at March 31, 2022 1 - Includes 191 income producing properties and 13 properties under development RIOCAN | ANNUAL MEETING
Slide 20: Properties in prime, high-density, transit-oriented areas
Properties in prime, high-density, transit-oriented areas 91% Dense population 206,000 (1) people Strong household incomes $129,000 (1) Last mile hub Ideal to facilitate any consumer behaviour VANCOUVER 6 assets Mixed-use development potential 1.7M SQ FT (2) 4.7% Highest and best use redevelopment a
Slide 21: Executing from a position of strength
Executing from a position of strength RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 | 21
Slide 22: Target: $55-60M of residential NOI by 2026
Target: $55-60M of residential Litho Toronto, ON Latitude Ottawa, ON NOI by 2026 Strada Luma Toronto, ON Ottawa, ON RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 | 22
Slide 23: 2,200+ rental units across ten buildings
E X PA N D I N G R E S I D E N T I A L R E N TA L P O R T F O L I O 2,200+ rental units across ten buildings | 23
Slide 24: QA Condos at Queen & Ashbridge
TO BE DELIVERED IN 2025 QA Condos at Queen & Ashbridge | 24
Slide 25: Grow responsibly
Grow responsibly Focus on ESG - Environment, Social and Governance A culture of excellence Prudent balance sheet management RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 | 25
Slide 26: The Well anchoring King West area of Downtown Toronto
A TRUE MIXED-USE COMMUNITY The Well anchoring King West area of Downtown Toronto | 26
Slide 27: Quality. Growth.
Quality. Growth. RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 | 27
Slide 28: Q&A
Q&A RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022 | 28
Slide 29: Head Office
Head Office | RioCan Yonge Eglinton Centre, 2300 Yonge Street, Suite 500, Box 2386, Toronto, Ontario M4P 1E4 • 1-800-465-2733 • riocan.com RIOCAN | ANNUAL MEETING OF UNITHOLDERS 2022
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