Purpose People Places Development Partners PURPOSE Values Our purpose keeps us focused. Our people drive us to always do better. These values ground and direct us, and always have, since 1954. Relationships Relationships with our associates, our investors, our business partners, and our communities are at the very core of what we do. We trust, respect, and believe in each other. The pursuit of strong, respectful partnerships is vital to our success. Ownership We think and act like owners. We create value for our investors, partners, associates, and communities through new development, and we re-invest in our legacy properties to maximize long-term value. We are committed, accountable, and proud of what we do and how we do it. Agility Our size and ﬁnancial strength allow us to quickly move and adapt to the changing needs of the market and the customer. We know that the difference between stagnation and transformation can be a single timely decision. Strength & Stability We are investors in the traditional sense, investing our own capital in every project. With a thoughtful, deliberate, and strategic mindset, we boldly invest in the future of our communities. Courage & Creativity We embrace our entrepreneurial spirit and challenge the status quo. We create solutions before there’s a problem; ﬁnd ideas before there are opportunities. Empowerment Independence and initiative are the core principles, ﬁrmly rooted in our foundation. With the individual opportunity to stretch, we collectively grow. Integrity We are honest, fair, forthright, and never afraid to do the right thing for the right reason. Our Values in Action PEOPLE Aniela Respress knows it takes a village. Avalon Hospitality PLACES Encore is a love letter to the Queen City. Cincinnati, Ohio Developing a Better World © Copyright 2021 North American Properties. All Rights Reserved. myNAP Site Cincinnati Apartments

Purpose People Places Development Partners Leasing LEASING Apartment Leasing LEASING Retail Leasing LEASING Office Leasing Developing a Better World © Copyright 2021 North American Properties. All Rights Reserved. myNAP Site Cincinnati Apartments

Purpose People Places Development Partners PROJECTS Avalon MIXED-USE In the heart of Alpharetta, this 2.3 million square foot sustainably designed urban development in a suburban setting infuses resort-level hospitality throughout a walkable, seamlessly connected community featuring a carefully curated retail collection and chef-driven dining experience, entertainment, living and working. It’s more than just another place to go, it’s a place to be. 86 acres 570,000 SF retail Full service 330 room hotel 750,000 SF Class A office Luxury apartments and single family homes 200+ events per year Georgia's first Gigabit community Status: Developed and managed WEBSITE 2200 AVALON BOULEVARD, ALPHARETTA, GEORGIA 30009 More Projects STUDENT HOUSING 101 East Corry Cincinnati, Ohio MULTIFAMILY Anthem on Ashley Atlanta, Georgia MIXED-USE Atlantic Station Atlanta, Georgia MIXED-USE Birkdale Village Huntersville,, NC Developing a Better World © Copyright 2021 North American Properties. All Rights Reserved. myNAP Site Cincinnati Apartments