Thompson Thrift Investor Newsletter Q1 • 2022

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Q 1 2022

Investor News Keeping our partners informed about Thompson Thrift.

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OUR CULTURE

Living the core through our mission, values and competencies To positively impact our team members and the communities we serve So “What does Live the Core mean?” The core of Thompson Thrift encompasses our Mission, Core Values, and Core Competencies. These three aspects make up the culture of Thompson Thrift—why we do what we do, our guiding principles, and the behaviors we are all striving to achieve. At Thompson Thrift, our Mission Statement isn’t something that we simply put on the wall. We live it every day by making a positive impact and serving our communities in our work and personal life. As a company, we are successful due to our individual and collective efforts and by Living the Core!

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ANNUAL MEETING 2022 RECAP

Values In Motion Thompson Thrift hosted the 2022 Annual Meeting in Indianapolis on Tuesday, February 8th. Team members attended both inperson and virtually via Zoom, and a handful of our communities hosted Live Watch Parties for everyone to come together. The Thompson Thrift Annual Meeting is a time to share information, connect as a team and celebrate our successes. During the meeting, team members addressed market trends, company goals for 2022, opportunities and challenges, new initiatives, TT Serve wins, and much more. With the Annual Meeting theme Values in Motion, stories of our team members demonstrating Excellence, Service, and Leadership were shared and recognized. Paul Thrift elaborated on how our values are always in motion, and we have to be moving, changing, and individually seeking improvement to reach tomorrow’s excellence. It was a wonderful interactive, informative, and celebratory day!

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JANUARY 13—2022

Thompson Thrift Retail Group Announces $34 Million Publix-Anchored Mixed-Use Property Outside Raleigh Read the full article in our Pressroom

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“With the area’s rapid growth and planned expansions, our team thought this would be an ideal location for an established grocer like Publix,” said Ryan Menard, vice president of development for Thompson Thrift. “We’re excited to have commenced construction and look forward to adding Thompson Thrift’s distinctive properties to the thriving Raleigh-Durham community.”

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JANUARY 18—2022

Thompson Thrift Residential to Develop Luxury 336-Unit Multifamily Community located near Pittsburgh Read the full article in our Pressroom

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FEBRUARY 1—2022

Steele Crossing (Fayettevile, AR) and The Retreat (Corpus Christi, TX) Ranked Among the 2021 Elite 1% ORA® Power Ranking by J Turner Research Read the full article in our Pressroom

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FEBRUARY 15—2022

Thompson Thrift Residential Sells Luxury Multifamily Community Outside Orlando Read the full article in our Pressroom

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FEBRUARY 22—2022

Thompson Thrift Residential to Develop Luxury Apartment Community outside Tampa Read the full article in our Pressroom

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FEBRUARY 24—2022

Thompson Thrift Residential to Develop 336-Unit Luxury Multifamily Community Near Boulder, Colorado Read the full article in our Pressroom

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PANAMA CITY

Watermark at Urban Blu Watermark at Urban Blu is a Class “A” community with superior finishes and amenities compared to the vast majority of the competition in the market. Since 2010, there have only been two Class “A” apartment communities constructed in the market (528 units), both of which are over six miles west of Urban Blu’s location, further from the vast majority of the workforce in the market. Urban Blu is nestled between the two main thoroughfares for the entire market, Highway 98 (Back Beach Rd.) and Front Beach Rd. and has access points to both streets, offering unparalleled access to employment and amenities within the metro area.

PROJECT TYPE

Classic

RESIDENTIAL UNITS

312

PROJECTED COMPLETION

Q2 of 2022

View community webpage

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Sonoran Creek Marketplace Sonoran Creek is already home to national and regional retailers such as Sprouts Farmers Market, ATI Physical Therapy, MOD Pizza, The Joint, Cold Beers & Cheeseburgers, Crumbl Cookies, and Discount Tire. Phase III of the project will add Marshall’s, NextCare Urgent Care, and Thai Chili to the development. Phase III is expected to be completed towards the end of Summer 2022.

PROJECT COMPLETION View project webpage

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Summer 2022


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Carrie Thrift LaFay VICE PRESIDENT OF CAPITAL MARKETS cthrift@thompsonthrift.com Direct 317-454-8016 Mobile 317-519-8433

Indianapolis 111 Monument Circle, Suite 1600 Indianapolis, IN 46204 800-687-0012

Follow us on Social Media

Terre Haute 901 Wabash Avenue, Suite 300

@ThompsonThrift @ThompsonThrift

Terre Haute, IN 47807 812-235-5959

Phoenix 2398 E Camelback Road, Suite 210

@ThompsonThrift

Phoenix, AZ 85016 602-313-8631

Houston 17314 SH 249, Suite 320 Houston, TX 77064 281-971-4016

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