Slide 1: Melcor 100: Live. Work. Shop. Play. 1923-2023
Slide 2: Agenda
AGENDA Management Presentation on our Formal Business History & 2022 Results ● Call to Order ○ Financial Statements ○ Fixing the Size of the Board ○ Election of Directors ○ Appointment of Auditors Q&A ● Adjournment
Slide 3: Q&A Instructions
Q&A INSTRUCTIONS Melc € Ask a question or leave feedback Daniel Caulfield d_ dan@gowebcasting.com MELCOR 3
Slide 4: Forward Looking Statements
Forward Looking Statements This presentation contains statements that are forward-looking. Forward-looking statements are disclosures regarding possible events, conditions, or results of operations that are based on assumptions about future economic conditions, courses of action and include future-o
Slide 5: Director Nominees
DIRECTOR NOMINEES Doug Goss Andrew Melton Kathy Melton Timothy Melton Edmonton, AB Calgary, AB Calgary, AB Edmonton, AB Bruce Pennock Janet Riopel Catherine Roozen Ralph Young Edmonton, AB Edmonton, AB Edmonton, AB Edmonton, AB
Slide 6: Agenda
AGENDA Management Presentation on Formal Business Strategy, Operations & ● Call to Order Results ○ Financial Statements ○ Fixing the Size of the Board ○ Election of Directors ○ Appointment of Auditors Q&A ● Adjournment
Slide 7: Your Executive Team
YOUR EXECUTIVE TEAM Timothy Melton Naomi Stefura Executive Chair & Chief Operating Officer Chief Executive Officer & Chief Financial Officer Years with Melcor: 50+ Years with Melcor: 15 Industry Experience: 50+ Industry Experience: 17 7
Slide 8: Introducing the Rest of the Team
INTRODUCING THE REST OF THE TEAM Randy Ferguson Susan Keating Leah Margiotta Senior VP, Investment VP, Community VP, Property Development Properties Development Edmonton Graeme Melton Sinead O'Meara Guy Pelletier VP, Community VP, Finance VP, Community Development Calgary Development Red Deer 8
Slide 9: Melcor
MELCOR 100
Slide 10: Laying the Foundation 1923-1947
1923 - 1947 laying the foundation
Slide 11: It all began with a man scanning Edmonton's west horizon
It all began with a man scanning Edmonton’s west horizon, exploring opportunities and achieving his dream of helping young families purchase a home of their own.
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Slide 15: For Sale: L. T. Melton Real Estate
FOR SALE L. T. MELTON REAL ESTATE SOUTH SIDE WEST BRANCH
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Slide 25: The Building Years 1947-1973
1947 - 1973 the building years
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Slide 27: MLS Sales Volume (1967 Annual Report)
MLS Sales Volume (1967 Annual Report) 12 10 8 6 4 2 0 1961 1962 1963 1964 1965 1966 1967 Edmonton Calgary
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ral a | = Es ~ = | zi sMREUAES MELTON : ¢ REAL ESTATE LTD. Ay +
Slide 29: First Step to your Own Home
First Step to your Own Home. ay .. and Start Packing ee fe
Slide 30: "| and GOD BLESS
"| and GOD BLESS EVERYONE” ¥+¥MELTON REAL migdete! ha
Slide 31: Melton: Biggest Name, Realtor Service
MELTON BIGGEST NAME . REALTOR SERVICE
Slide 32: Melton Real Estate
eehy meeny miny Bilger MELTON REAL ESTATE
Slide 33: Edmonton's Homes
n oc aa eS EDMONTONS | HOMES.
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Slide 36: Sillton Homes
SILLTON HOMES KEYSTONE OF SATISFACTION ome apom xrrcarn = UvIne mow arpacoy rpRoom & | _— tis + ~ as — Gc Glenora Another fine 3 bedroom Sillton Home with L-Shaped living and dining room. Central corridor to master bedroom at tear. This exquisite home can be the beginning of a new pleasing way of li
Slide 37: Compliments of Melton Real Estate
COMPLIMENTS OF Melton REAL ESTATE LTD. Guaranterd Sales
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Slide 39: Realtor Stan Melton dies at game
Realtor Stan Melton dies at game known ealtor 7 games. Am- est ir father had Tim from 40 countr Melton. in the of the ex put. woul n some- esl Melton was acti stands at ‘Cla Stadium y x here on Alberta’s frontier. P. Scouting movement Sunday from a heart attack However, on his returr N 1 estwood ( n
Slide 40: Developing a Future 1974-1998
1974-1998 developing a future
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Slide 42: Melton Brokerage Merger Completes Western Span
l ay PAGE| News | Number Two Commemorating January 1, 1976 elton Brokerage Merger ompletes Western _ Span
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WAU
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Slide 49: The Grill
THE GRILL ‘Open to the Pubic
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Slide 54: Rebuilding & Harvesting 1999-2023
1999-2023 rebuilding & harvesting
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Slide 56: Built & Owned GLA
Built & Owned GLA 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Owned Built
Slide 57: Raw Land Ownership (Acres)
12,000 RAW LAND OWNERSHIP (ACRES) 0,000 8,000 6,000 4,000 2,000 0 Edmonton
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mw or
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Slide 68: A Century of Traditions 1923-2023
1923-2023 a century of traditions
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Slide 76: ENA
e a — —F 5 ENA —
Slide 77: Where We Are Today 2022
2022 where we are today A
Slide 78: 2022 Financial Results
2022 FINANCIAL RESULTS REVENUE GROSS MARGIN NET INCOME $241.7m 48.9% $89.4m 2021 $315.6m 2021 44.4% 2021 $56.3m FFO EPS DIVIDENDS PAID $60.9m $2.75 $0.58 2021 $81.3m 2021 $1.70 2021 $0.44 78
Slide 79: 2022 Key Metrics | KPIs
2022 KEY METRICS | KPIs LOTS SOLD (CAD) LOTS SOLD (US) COMM/MF/IND LAND SOLD 1,060 — 27.40 2021 1,261 2021 280 2021 8.83 SF TRANSFERRED OCCUPANCY ROUNDS PLAYED 36,846 88% 123,442 2021 118,734 2021 84 % 2021 136,77 9 79
Slide 80: Q&A
Q&A In person: approach a mic Online: type your question in the chat