COPT Defense Properties : 2025 Annual Shareholder Meeting Presentation

Published: 2025-05-20 08:04:06 ET CDP

Published on 05/20/2025 at 08:04

Annual Shareholder Meeting

Change Presentation Title on First Master Slide

MAY 20, 2025

Page 3

Page 5

Page 14

Safe Harbor | Page 15

Definitions + Glossary | Page 16

Reconciliations | Page 21

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FY 2024

FFOPS, as adjusted for comparability

$2.57

6-cents above the initial midpoint of guidance

Met or exceeded guidance each quarter over the past 28 quarters

Increase in Same Property cash NOI

9.1%

Defense/IT Portfolio

95.6%

96.8%

Same Property portfolio

94.1%

95.4%

3.2 million SF

500,000 SF

60 basis point quarter-over-quarter increase in occupancy

50 basis point quarter-over-quarter increase in occupancy

Our highest increase ever reported

Exceeded leasing goals | Total leasing

Vacancy leasing

2.6 million SF

124,000 SF

Total Retention rate

86%

Defense/IT Retention rate

89%

Highest annual rate in over 20 years

Exceeded annual target of 400,000 SF Renewal leasing

Investment leasing

Second highest annual rate since segment was disclosed in 1Q17

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Disclaimer

COPT Defense Properties published this content on May 20, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 20, 2025 at 12:03 UTC.