NewLake Capital Partners, Inc. · OTC:NLCP
NewLake Capital Partners — Investor Presentation (November 2022)
11 slides from NewLake Capital Partners's investor presentation, Nov 9, 2022
Slide 1: Leading Provider of Real Estate Capital to U.S. Cannabis Operators
Leading Provider of Real Estate Capital to U.S. Cannabis Operators November 10, 2022 OTCQX: NLCP King of Prussia, PA Aurora, IL San Diego, CA
Slide 2: Safe Harbor Statement
OTCQX: NLCP This presentation has been prepared by the NewLake Capital Partners, Inc. (“we,” “us” or the “Company”) solely for informational purposes. This presentation and related discussion shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of
Slide 3: Executive Summary
OTCQX: NLCP Executive Summary Leading provider of real estate capital to state-licensed cannabis operators 3 Experience • Founded in 2019 • Real estate, Cannabis, Financial services • Track record of creating significant value for investors Scale • 31 properties • 12 states • 1.7M square feet4 • $42
Slide 4: Experienced Executive Management Team
OTCQX: NLCP Experienced Executive Management Team 4 Anthony Coniglio CHIEF EXECUTIVE OFFICER & PRESIDENT, DIRECTOR • Former CEO of Primary Capital Mortgage, a residential mortgage company • 14 years at J.P. Morgan as an investment banker leading various businesses • Public company director Lisa Meye
Slide 5: Board of Directors
OTCQX: NLCP Board of Directors 5 Gordon DuGan CHAIRMAN OF THE BOARD, INDEPENDENT DIRECTOR • Co-Founder and Chairman of the Board of Blackbrook Capital • Chairman of the Board of INDUS Realty Trust (Nasdaq: INDT) • Former CEO of Gramercy Property Trust, a NYSE-listed triple-net lease REIT • Former CE
Slide 6: Portfolio Overview
OTCQX: NLCP Portfolio Overview 6 A geographically diverse national platform • 12 states • 1.7M square feet1 • Primarily Limited-license jurisdictions • 100% leased Note: Data as of September 30, 2022 based on Committed Capital 1 Includes an option but not an obligation to purchase an adjacent parcel
Slide 7: NewLake's Underwriting Approach
OTCQX: NLCP NewLake’s Underwriting Approach Since inception, collected 100% of rent due with no rent abatements or deferrals 7 Tenant Quality • Strong financial profiles • 65% Public, 35% Private Real Estate • Strong property level cashflows • Above market four-wall coverage • Most properties in/nea
Slide 8: Financial Overview
OTCQX: NLCP Financial Overview 8 Shareholder Equity $426 Million Invested & Committed Capital $422 Million Cash1 $45 Million Debt1 $3 Million Market Capitalization2 $333.9 Million Stock Price2 $15.50 Dividend Yield3 9.5% Common Shares Outstanding 21,403,817 3Q22 Annualized Dividend4 $1.48 Target AFF
Slide 9: NewLake is Focused on a High-Growth Industry
OTCQX: NLCP Adult-Use & Medical MarketsCannabis Industry Near-Term CAGR NewLake is Focused on a High-Growth Industry Meaningful demand for real estate capital positions NewLake for continued AFFO and dividend growth • 82% of the U.S. population (268 million people) reside in Medical Markets • 44% of
Slide 10: Investment Highlights
OTCQX: NLCP Investment Highlights Experienced Team Experienced team with a track record of strong corporate governance and delivering returns for investors Scale and Early Mover NewLake’s scale and early mover advantage positions the Company for long- term success Exceptional Portfolio High-quality
Slide 11: Investor Relations Contact
11 OTCQX: NLCP Investor Relations Contact: Valter Pinto or Jack Perkins KCSA STRATEGIC COMMUNICATIONS NewLake@KCSA.com (212) 896-1254 Company Contact: Lisa Meyer CFO, Treasurer and Secretary Lmeyer@newlake.com
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