American Strategic Investment — New York City REIT — Proxy Contest (May 2022)

4 slides from American Strategic Investment's proxy contest presentation, May 13, 2022

Slide 1: First Quarter 2022 Highlights
1 First Quarter 2022 Highlights 1) See appendix for a full description of capitalized terms and Non-GAAP reconciliations. 2) Refer to slide 11 – Top 10 Tenant Investment Grade Profile. 3) Refer to slide 15 – Capital Structure and Q1’22 Financial Results for further information regarding our capital
Slide 2: NYC Generated Significant Value For Shareholders in 2021
2 In 2021, NYC’s Board of Directors, led by Elizabeth Tuppeny, and in conjunction with the Advisor, continued to execute on the Company’s strategic initiatives and operational momentum by mitigating adverse impacts from COVID-19 by focusing on proactive asset management, increasing Cash Rent(1) coll
Slide 3: Capital Structure and Q1'22 Financial Results
15 Capital Structure and Q1’22 Financial Results Note: As of March 31, 2022, we had cash and cash equivalents of $10.3 million (excluding restricted cash). We are, however, required to maintain a minimum net worth in excess of $175.0 million and minimum liquid assets of $10.0 million under our loan
Slide 4: Board of Directors
18 Board of Directors Michael Weil | Director and Executive Chairman ▪ Founding partner of AR Global ▪ Formerly, Mr. Weil served as Executive Vice President of AR Capital, where he supervised the origination of investment opportunities for all AR Capital-sponsored investment programs ▪ Prior to the