Atrium Mortgage Investment Corp. · TSX:AI
Atrium Mortgage Investment — Q3 2026 Earnings Presentation
17 slides from Atrium Mortgage Investment's earnings presentation, November 2026
Slide 1: Q3 2026 Investor Presentation
Q3 2026 INVESTOR PRESENTATION November 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains certain statements that may be forward-looking statements. All statements in this document, other than statements of historical fact, that address events or developments that Atrium Mortgage Investment Corporation expects to occur, are forward lo
Slide 3: Atrium Mortgage Investment Corporation
Atrium Mortgage Investment Corporation $557.4M $869.1M 8.96% Market Assets Under Dividend Capitalization1 Management1 Yield1,2 We are a market-leading non-bank lender, providing creative financing solutions to the commercial real estate and development communities in major urban centers in Ontario a
Slide 4: Shareholder Value Creation
Shareholder Value Creation We utilize a unique business model that leverages our deep relationships and knowledge to maximize steady returns for shareholders. 1 2 3 Risk Management Expertise Consistency • Low LTV portfolio • Seasoned management • Track record of consistent • Focus on 1st mortgages i
Slide 5: Financial Strength and Stability
Financial Strength and Stability $ millions Sep 30, 2026 Dec 31, 2025 Dec 31, 2024 Mortgages receivable $842.8 $892.4 $863.2 Investment property 1.1 1.1 1.1 Other assets 0.1 0.1 - Total assets $844.0 $893.6 $864.3 Credit facility $231.0 $283.0 $193.6 Convertible debentures 73.0 72.4 134.8 Other liab
Slide 6: Strong Operating Results
Strong Operating Results $ millions Q3 2026 Q3 2025 FY 2025 FY 2024 Total revenues $18.7 $21.0 $85.1 $97.3 Financing costs 4.2 5.2 20.5 26.0 Mortgage servicing & management fees 2.1 2.2 8.8 8.6 General & administrative and other 0.4 0.4 2.3 1.3 Provision for credit losses 1.5 1.3 4.4 13.5 Expenses $
Slide 7: Consistent Earnings Profile Over Time
Consistent Earnings Profile Over Time Objective: Preserve capital and focus on steady, safe returns to shareholders. $1.19 $1.13 $1.06 $1.03 TBD $0.96 $0.96 $0.97 $0.93 $0.92 $0.94 $0.92 $0.89 $0.85 $0.90 $0.90 $0.90 $0.90 $0.90 $0.90 $0.90 $0.93 $0.93 $0.86 $0.88 $0.82 $0.84 $0.80 2013 2014 2015 20
Slide 8: Strong and Consistent Returns
Strong and Consistent Returns Annual Return on Shareholders’ Equity: 12% Atrium Return on Equity 10% 8% Rate of Return 522 - 865 bps 6% Avg 1-year Government of Canada treasury bill 4% Avg 5-year Government of Canada bond 2% 0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 20
Slide 9: Movement in Average Mortgage Rate
Movement in Average Mortgage Rate 12% 10% 8% 6% 4% 2% 0% Atrium MIC Avg 5-year Government of Canada bond yields Difference Atrium Mortgage Investment Corporation | 9
Slide 10: Maintain Low Risk Portfolio
Maintain Low Risk Portfolio Portfolio Weighted Average Loan-to-Value Since Going Public in 20121: 100% 90% Borrower Equity 80% 70% 66.6% 64.1% 64.3% 64.7% 63.2% 62.7% 61.5% 61.1% 61.0% 60.9% 61.4% 61.9% 61.4% 61.4% 62.5% 59.5% 59.4% 60% 50% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Slide 11: Maintain Low Risk Portfolio
Maintain Low Risk Portfolio • Low management fee: 0.85% plus HST. • No performance fee. • Low general and administrative costs. • Total operating expenses approximately 1.3% of assets*. *Based on annualized expenses for the nine-month period ended September 30, 2026, and excludes financing costs and
Slide 12: Expertise of Independent Directors
Expertise of Independent Directors President of Optus Capital Corporation, founding partner and past CEO of Universal Mark L. Silver, Chair Energy. President of Metrus Properties and DG Group, family owned and operated real estate Robert H. DeGasperis companies. President and founder of Copez Proper
Slide 13: Maintain Low Risk Portfolio
Maintain Low Risk Portfolio Mortgage Portfolio Profile – September 30, 2026: Mortgage Rank Loan to Value: 63.2% 12.5% 3.1% 96.8% 87.5% First mortgages Other ranks < 75% > 75% Atrium Mortgage Investment Corporation | 13
Slide 14: Geographic Portfolio Diversification
Geographic Portfolio Diversification Non-GTA Ontario 8.8% Alberta Based on carrying amounts 1.2% as of September 30, 2026: British Columbia, Ontario Portfolio: 9.2% $778,430,000 Alberta Portfolio: GTA $10,622,000 80.8% British Columbia Portfolio: $80,023,000 Atrium Mortgage Investment Corporation |
Slide 15: Portfolio Property Type Composition
Portfolio Property Type Composition Condo Commercial 0.2% House and 9.9% House and Apartment Apartment 13.2% 25.2% Commercial Low Rise 17.2% 30.6% High Rise 36.2% High Rise Low Rise Condo Mid Rise 20.5% 0.1% 13.5% 23.3% Mid Rise 10.1% 2023 Q3 2026 Atrium Mortgage Investment Corporation | 15
Slide 16: Atrium versus the TSX Composite Cumulative Total Return
Atrium versus the TSX Composite Cumulative Total Return Steady growth and superior returns. $1,000 $800 $600 $400 $200 $- Atrium TSX The composite cumulative return in Atrium shares is based on a $100 investment in Atrium shares in 2001 and all dividends earned being reinvested in Atrium shares over
Slide 17: 18 King St. East, Suite 1010, Toronto, Ontario
18 King St. East, Suite 1010, Toronto, Ontario, M5C 1C4 416.867.1053
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