Own and operate a high-quality diversified global portfolio of workplace real estate which provides a meaningful return to unitholders through
value growth and a stable, attractive yield supported by a diverse mix of strong credit quality tenants
Ireland
Western Canada
$255M
$76M
12.8%
3.8%
USA
$2B
$746M
Ontario
$344M
17.2%
Asset Value
37.3%
Atlantic Canada
$580M
29.0%
TSX
7.7M
67%
47%
8.6%
55
Government & High-
Trading discount to
SOT.UN
Properties
Square Feet
Quality Credit
Distribution Yield1
Net Asset Value1
Tenants
Note: As at June 30, 2022; geographic breakdown is based on 100% of the building's asset value, without taking ownership percentage into consideration 1 Pricing at $4.64 as at July 27, 2022
Slate Office REIT | 2
Execution Strategy
1
2
3
Focus on cost basis
Best-in-class management
Value creation
• Acquire at a discount to
•
Slate Asset Management's global
•
Grow rental revenue
replacement cost
platform and resources
•
Increase occupancy
• Source off-market transactions
•
Strong tenant and broker
•
Improve tenant credit quality
• In-place yield with value creation
relationships
•
Extend lease term
opportunities
•
Tailored asset strategies
•
Reduce risk
•
Hands-on entrepreneurial
• Strong track record with average
approach
return on recycled assets of 22%1
Redeploy capital
Asset recycling
Re-financing
Reinvestment
1 Return relates to dispositions over $5 million since 2019. See slide 15 for Slate Office REIT's track record.
Slate Office REIT | 3
Investment Highlights
Durable Cash Flow
2251 Speakman Drive, Toronto
67.0% of rent from government and high-quality credit tenants1
5.6 year remaining weighted avg. lease term
Upside Potential
Scalable Growth Platform
1505 Barrington Street, Halifax
120 South LaSalle, Chicago
47.0% discount to NAV
$2B pipeline
7.1% In-place discount to market
9.5% owned by the REIT's global
rent
manager, Slate Asset Management
Slate Office REIT | 4
Investment Philosophy
Why Office?
Important to Culture, Growth & Innovation
Exposure to Emerging Tenants & Industries
Unprecedented Market Opportunity
5 Springdale Street, St. John's
84 Chain Lake Drive, Halifax
Which Markets?
Strong Population and Employment Growth
Transit Oriented Locations with Barriers to Supply
Diversified Industry Exposure
2599 Speakman Drive, Toronto
Slate Office REIT | 5
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Slate Office REIT published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 21:12:37 UTC.
Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of approximately 54 commercial properties located in Canada, the United States and Ireland. The REIT's Canada operations include Atlantic, Ontario and Western. The REIT is externally managed and operated by Slate Management ULC.
SLATE OFFICE REIT 
