Flagship Communities Real Estate Investment Trust · TSX:MHC.U
Flagship Communities Real Estate Investment Trust — Q1 2026 Earnings Presentation
12 slides from Flagship Communities Real Estate Investment Trust's earnings presentation, May 5, 2026
Slide 1: Investor Presentation
2026 01 INVESTOR) PRESENTATION Mays) 2026 Byvuship Communities Playground amenities at Mill Cre:
Slide 2: Disclaimers
Disclaimers Forward-Looking Information Market and Industry Data Certain statements made during or following this meeting and presentation, including in responses to This presentation includes market and industry data that were obtained from third‐party sources, any comments or questions, may contai
Slide 3: Executive Leadership
Executive Leadership Eddie Carlisle Kurt Keeney Nathan Smith Chief Financial Officer Chief Executive Officer Chief Investment Officer Nathan Smith Eddie Carlisle Kurt Keeney Chief Investment Officer Chief Financial Officer Chief Executive Officer 3
Slide 4: Q1 2026 Highlights
Q1 2026 Highlights REVENUE FFO ADJUSTED1 $9.6M $29.9M $24.8M $8.6M 20.6% 12.0% Q1 2025 Q1 2026 Q1 2025 Q1 2026 NET OPERATING INCOME (NOI) AFFO ADJUSTED1 $19.3M $8.6M $7.8M $16.4M 17.4% 10.4% Q1 2025 Q1 2026 Q1 2025 Q1 2026 1See “Non-IFRS Financial Measures and Real Estate Industry Metrics” for more
Slide 5: Q1 2026 Same Community Metrics Growth
Q1 2026 Same Community Metrics Growth SAME COMMUNITY REVENUE1 SAME COMMUNITY NOI1 $26.9M $17.3M $16.4M $24.8M 8.6% 5.3% Q1 2025 Q1 2026 Q1 2025 Q1 2026 1See “Non-IFRS Financial Measures and Real Estate Industry Metrics” for more information. The most directly comparable financial measure disclosed i
Slide 6: Sixth Annual ESG Report
. Beraship Sixth Annual ESG Report Cannes
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: Strategic Acquisitions
Strategic Acquisitions Bolstered Presence in Key Market of Ohio ▪ Acquired 96-lot MHC in Cleves, Ohio ▪ Future Land Expansion Potential ▪ Significant infrastructure and amenities upgrades CLEVES, OHIO CLEVES, OHIO 8
Slide 9: Q1 2026 Financial Summary
Q1 2026 Financial Summary ($000s except per share amounts) For the three For the three months ended months ended Variance Mar. 31, 2026 Mar. 31, 2025 Rental revenue and related income 29,874 24,781 20.6% Same Community Revenue1 26,922 24,781 8.6% Acquisitions Revenue1 2,952 - n/a Net income and comp
Slide 10: MHC Portfolio
MHC Portfolio ($000s except per unit and Weighted Average Lot Rent amounts) As at Mar. 31, 2026 As of Dec. 31, 2025 Total communities (#) 88 87 Total lots (#) 17,015 16,920 Weighted Average Lot Rent1 (US$) 516 483 Total Portfolio Occupancy (%) 84.1 82.9 Same Community Occupancy (%) 84.8 83.4 NAV1 (U
Slide 11: National Award-Winning Performance
National Award-Winning Performance 11
Slide 12: Investor Presentation
2026 01 INVESTOR) PRESENTATION Mays) 2026 Byvuship Communities Playground amenities at Mill Cre:
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