Flagship Communities Real Estate Investment Trust · TSX:MHC.U
Flagship Communities Real Estate Investment Trust — Q1 2025 Earnings Presentation
13 slides from Flagship Communities Real Estate Investment Trust's earnings presentation, May 14, 2025
Slide 1: Investor Presentation May 14, 2025
2029 01 INVESTOR PRESENTATION May 14) 2025 Wr lagship Communities REIT
Slide 2: Disclaimers
Disclaimers Forward-Looking Information Market and Industry Data This meeting and presentation, including responses to any questions, may contain This presentation includes market and industry data that were obtained from third‐party statements that include forward-looking information (within the me
Slide 3: Executive Leadership
Executive Leadership Eddie Carlisle Kurt Keeney Nathan Smith Chief Financial Officer Chief Executive Officer Chief Investment Officer 3
Slide 4: Q1 2025 Highlights
Q1 2025 Highlights REVENUE FFO ADJUSTED PER UNIT (DILUTED)1 $24.8 M $19.9 M 24.4% 5.2% $0.325 $0.342 Q1 2024 Q1 2025 Q1 2024 Q1 2025 NET OPERATING INCOME (NOI) AFFO ADJUSTED PER UNIT (DILUTED)1 $16.4 M $13.3 M 23.0% 8.8% $0.285 $0.310 Q1 2024 Q1 2025 Q1 2024 Q1 2025 1See “Non-IFRS Financial Measures
Slide 5: Q1 2025 Same Community Metrics Growth
Q1 2025 Same Community Metrics Growth SAME COMMUNITY REVENUE1 SAME COMMUNITY NOI1 SAME COMMUNITY NOI MARGIN1 $24.5M $19.9M 12.9% 12.9% $15.1M $13.3M 67.0% 67.0% Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 1See “Non-IFRS Financial Measures and Real Estate Industry Metrics” for more information. 5
Slide 6: Fifth Annual ESG Report
Fifth Annual ESG Report Bevxoship Communities REIT sae 3,100 Portfolio Acres 21 Water Features Lakes-Ponds-Streams e e®%e ry 33% Minority Resident 85% of Frontline Population Managers Are Women 2024 Best In Ohio Water Conservation 2024 Best In Kentucky Program Awards NWR 72 Playgrounds and Picnic Ar
Slide 7: Stable and Consistent Occupancy
Stable and Consistent Occupancy Lot Rent Occupancy Consistent Same Stable and Growing Same Community Lot Rent Growth Community Occupancy 7
Slide 8: Optimizing Organic Opportunities
Optimizing Organic Opportunities Significant Opportunities to Increase Growth of Organic Portfolio: ▪ Maintaining Stable Occupancy Rates ▪ Customer Satisfaction ▪ Ancillary Revenue and Cost Containment Initiatives ▪ Lot Expansion FLORENCE, KENTUCKY 8
Slide 9: Q1 2025 Financial Summary
Q1 2025 Financial Summary ($000s except per share amounts) For the three For the three months ended months ended Variance Mar. 31, 2025 Mar. 31, 2024 Rental revenue and related income 24,781 19,920 24.4% Same Community Revenue1 22,487 19,920 12.9% Acquisitions Revenue1 2,294 - n/a Net income and com
Slide 10: MHC Portfolio
MHC Portfolio ($000s except per unit and Weighted Average Lot Rent amounts) As at Mar. 31, 2025 As at Dec. 31, 2024 Total communities (#) 82 82 Total lots (#) 15,138 15,137 Weighted Average Lot Rent1 (US$) 484 448 Total Portfolio Occupancy (%) 84.4 83.5 Same Community Occupancy (%) 84.9 83.92 NAV1 (
Slide 11: National Award-Winning Performance
National Award-Winning Performance 11
Slide 12: Flagship Communities REIT
Flagship Communities REIT Page12 12
Slide 13: May 14, 2025
2029 01 INVESTOR PRESENTATION May 14) 2025 Wr lagship Communities REIT
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