INNOVATIVE INDUSTRIAL PROPERTIES NYSE: IIPR INNOVATIVEINDUSTRIALPROPERTIES.COM COMPANY PRESENTATION – FEBRUARY 2026 1 Innovative Industrial Properties FORWARD LOOKING STATEMENTS This presentation and our associated comments includes "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) that are subject to risks and uncertainties. In pa ...

Core Insights - The AI sector in the US stock market is experiencing a new round of valuation recovery, reigniting market enthusiasm [3] - Nvidia's stock price has returned to its early-year high, and it briefly regained the top position in global market capitalization [3] - Other AI-related stocks, such as Oracle (ORCL) and Broadcom (AVGO), have also reached historical highs [3] - Nvidia's CEO Jensen Huang has been actively signaling strategic upgrades, with Morgan Stanley raising the company's target price following the GTC conference [3][6] Nvidia's Strategic Developments - Jensen Huang's recent speeches have highlighted Nvidia's strategic plans, including the evolution of traditional data centers into "AI factories" [4] - The new Blackwell architecture features NVLink technology with a backplane bandwidth of 130TB/s, significantly enhancing AI performance [4] Market Predictions and Analyst Ratings - Morgan Stanley forecasts a strong acceleration in Nvidia's growth, particularly in the European market, where revenue could increase eightfold from 2024 to 2026 [6] - The firm maintains an "overweight" rating with a target price of $170, indicating a potential upside of 17.49% from Nvidia's closing price on June 16 [6] - Other Wall Street firms have also reiterated positive ratings and target prices for Nvidia, with estimates ranging from $170 to $190 [9] Investment Landscape - Nvidia has established a venture capital arm, Nventures, to identify leading startups in the AI field, focusing on both core AI technology and its applications across various industries [10] - The company's investments span AI infrastructure, autonomous driving, and AI drug development, reflecting the rapid penetration of AI across sectors [10] - Nvidia's investment strategy emphasizes not only financial support but also technological empowerment and resource collaboration [10] Performance of Nvidia-Related Stocks - CoreWeave (CRWV) has seen a remarkable increase of over 290% since its listing in March, highlighting the volatility and growth potential in the AI sector [3][11] - Other notable Nvidia-related stocks include Arm Holdings (ARM) with a market cap of $150.46 billion and Nebius Group NV (NBIS) with a market cap of $12.01 billion, both showing significant year-to-date performance [11]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Olema Pharmaceuticals, Inc. (OLMA) has seen a substantial increase of 213%, trading at $26.68 - Diginex Limited (DGNX) is up 12%, currently priced at $15.25 - Gorilla Technology Group Inc. (GRRR) has risen by 11%, trading at $14.05 - Amer Sports, Inc. (AS) is up 9%, priced at $33.47 - Click Holdings Limited (CLIK) has increased by 9%, trading at $7.38 - Beamr Imaging Ltd. (BMR) is up 9%, currently at $2.14 - James Hardie Industries plc (JHX) has risen by 8%, trading at $18.22 - Arvinas, Inc. (ARVN) is up 8%, priced at $12.00 - Axalta Coating Systems Ltd. (AXTA) has increased by 7%, trading at $30.28 - Genprex, Inc. (GNPX) is up 6%, currently at $4.31 [3] Premarket Losers - LifeMD, Inc. (LFMD) has decreased by 22%, trading at $3.65 - Alpha Technology Group Limited (ATGL) is down 21%, currently priced at $17.00 - Intellinetics, Inc. (INLX) has fallen by 19%, trading at $7.25 - Energizer Holdings, Inc. (ENR) is down 16%, priced at $20.00 - Invivyd, Inc. (IVVD) has decreased by 14%, currently at $2.42 - BellRing Brands, Inc. (BRBR) is down 12%, trading at $22.30 - Sadot Group Inc. (SDOT) has fallen by 9%, currently priced at $3.99 - CEVA, Inc. (CEVA) is down 8%, trading at $21.60 - Helmerich & Payne, Inc. (HP) has decreased by 7%, currently at $25.44 - Opendoor Technologies Inc. (OPEN) is down 5%, trading at $7.39 [4]

Core Insights - Beamr Imaging Ltd. is participating in two major industry events: Oracle AI World in Las Vegas and NAB Show New York, showcasing its video optimization technology [1][4] Group 1: Technology and Solutions - Beamr will demonstrate NVIDIA GPU-accelerated video workflows that enhance video quality from 720p to 4K in real-time using NVIDIA RTX Video Super Resolution [2] - The company's Content-Adaptive Bitrate technology (CABR) allows for up to 50% reduction in file size while maintaining visual quality, addressing challenges in media, entertainment, and autonomous vehicles [3][5] - Beamr's perceptual optimization technology is supported by 53 patents and has won an Emmy® Award for Technology and Engineering, highlighting its innovative approach to video compression [5] Group 2: Market Position and Initiatives - Beamr is recognized as a leader in content-adaptive video compression, trusted by major media companies such as Netflix and Paramount [5] - The company has launched the "partner with Beamr" initiative to help media vendors deliver comprehensive live video solutions [3] - Beamr's technology supports efficient video workflows across high-growth markets, including media and entertainment, user-generated content, machine learning, and autonomous vehicles [6]

Company Overview - IIPR has a total committed/invested capital of $2.5 billion[10] - The company owns 108 properties with a total rentable square footage of 9 million[10] - IIPR's portfolio spans across 19 US states[10] - The Q2 2025 annualized dividend is $7.60[10] - Q2 2025 total revenue reached $62.9 million[10] - The weighted average lease length is 13.1 years[10] Financial Strength - IIPR's debt to total gross assets is 11%[31] - The debt service coverage ratio is 15x[32] - The company has over $192 million in available liquidity[34] Market Position and Growth - The regulated cannabis market is estimated to grow at a 7% CAGR over the next 5 years[17] - US legal cannabis sales are projected to grow from an estimated $31 billion in 2024 to $44 billion by 2029[20]

Company Overview - Innovative Industrial Properties (IIPR) is a NYSE-listed REIT providing real estate capital to the regulated cannabis industry, founded in 2016[10] - The company has a diversified portfolio of over $2.4 billion in cannabis real estate[19] - IIPR's portfolio includes 108 properties (103 operating) across 19 states, with 82 million rentable square feet[24] Financial Performance - The company's Q4 2023 annualized dividend was $728 per share[24] - IIPR's Q4 2023 total revenue was $792 million[24] - The company's debt to total gross assets is 12%[53] Market and Portfolio - The regulated cannabis sales are estimated to grow to $43 billion by 2027[10] - The company's portfolio is diversified across 19 states, with a focus on industrial properties (92% of annualized base rent)[31] - The top ten tenants represent approximately 76% of the company's annualized base rent[48]

Core Insights - Beamr Imaging Ltd. is launching a high-performance video compression solution for autonomous vehicles at NVIDIA GTC Paris, which can reduce video storage by up to 50% without compromising quality [1][3] Group 1: Technology and Innovation - Beamr's proprietary technology addresses the challenge of managing large volumes of video data generated by autonomous vehicles, which can produce terabytes of data daily and require tens to hundreds of petabytes for model training [2] - The Content-Adaptive Bitrate (CABR) technology, built on NVIDIA accelerated computing, achieves significant compression while preserving essential visual features for training autonomous driving models [3][5] - Beamr's technology has been validated through benchmark testing, demonstrating high detection accuracy and minimal impact on machine learning performance while enabling substantial cost savings [5] Group 2: Market Context and Demand - The autonomous vehicle industry faces increasing pressure from rising video storage demands and infrastructure costs, making efficient video management critical [5] - The need for both real-world and synthetic video data is essential for training models that can handle a wide range of driving scenarios, including rare edge cases [4] Group 3: Company Background and Positioning - Beamr is recognized as a leader in content-adaptive video compression, with a strong client base that includes major media companies like Netflix and Paramount [6] - The company holds 53 patents for its perceptual optimization technology and has received an Emmy® Award for Technology and Engineering, underscoring its innovation and industry impact [6]

Core Insights - Beamr Imaging Ltd. will present its high-performance AV1 solutions at the 2025 NAB Show in Las Vegas, emphasizing competitive pricing and advanced technology [1][4] - The company's AV1 technology, accelerated by NVIDIA GPUs, offers scalable and efficient upgrades with up to 30% additional compression compared to existing solutions [2][3] - Beamr's AV1 encoding is available at a quarter of the cost or less compared to CPU-based alternatives, aligning costs with AVC (H.264) encoding [3] Technology and Performance - Beamr's technology integrates with NVENC, NVIDIA's hardware-accelerated video encoder, enabling superior performance and high-quality results for AV1 upgrades [2][5] - The AV1 codec provides improved image quality and compression, but its adoption has been limited due to complexity and high costs [4] - Beamr's optimized AV1 files maintain full accuracy in AI applications, such as facial recognition and machine learning models [4] Market Accessibility - Beamr's solutions are readily accessible on cloud platforms like Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI), as well as private cloud and on-premises environments [3][8] - The company aims to simplify AV1 adoption for various industries, including media, entertainment, and AI [3][4] - Beamr's video optimization technology is backed by 53 patents and has received an Emmy® award for Technology and Engineering [7]

Core Insights - Beamr Imaging Ltd. has launched its Beamr Cloud video service for members of NVIDIA's startup and ISV programs, offering special rates to enhance AI development and deployment with GPU-accelerated video operations [1][2] Group 1: Company Overview - Beamr Imaging Ltd. is a leader in video optimization technology, providing high-quality, high-performance solutions for various industries, including media and entertainment, machine learning, and autonomous vehicles [2][5] - The company serves major media clients such as Netflix and Paramount, and its technology is backed by 53 patents, having won an Emmy® award for Technology and Engineering [5] Group 2: Product Features - Beamr Cloud, available on AWS and Oracle Cloud Infrastructure, offers scalable video processing that reduces video file size by 30%-50%, thereby lowering CDN, networking, and storage costs for video on demand (VoD) and live streaming up to 4K resolution at 60 frames per second [4] - The service enriches videos with AI-powered capabilities, including visual enhancement and super resolution, during the transcoding process, and supports all major video formats such as AVC, HEVC, and AV1 [4][6] Group 3: Strategic Partnerships - The collaboration with NVIDIA expands Beamr's reach to over 22,000 startups and ISVs, providing them with access to high-performance video solutions [2][3] - NVIDIA's Inception program offers startups resources, training, and preferred pricing on NVIDIA products, while NVIDIA Connect helps ISVs shorten time-to-market with expert guidance and exclusive pricing [3]

Core Insights - Beamr Imaging Ltd. has launched its Beamr Cloud video service for members of NVIDIA's startup and ISV programs, offering special rates to enhance AI development and deployment with GPU-accelerated video operations [1][2] Group 1: Company Overview - Beamr Imaging Ltd. is a leader in video optimization technology, serving major media companies like Netflix and Paramount, and is recognized for its innovative perceptual optimization technology, which has won an Emmy® award [5] - The company holds 53 patents related to its technology, which can reduce video file sizes by up to 50% while maintaining quality [5] Group 2: Product Features - Beamr Cloud provides high-efficiency, scalable video processing, reducing video file sizes by 30%-50% and lowering costs associated with CDN, networking, and storage for video on demand (VoD) and live streaming at up to 4K resolution at 60 frames per second [4] - The service supports all major video formats, including AVC, HEVC, and AV1, and enhances videos with AI-powered capabilities during the transcoding process [4][6] Group 3: Strategic Partnerships - The collaboration with NVIDIA expands Beamr's reach to over 22,000 startups and ISVs, facilitating the delivery of high-quality video solutions across various industries, including media, entertainment, and autonomous vehicles [2][3] - NVIDIA's Inception program provides startups with resources, training, and preferred pricing on NVIDIA products, while NVIDIA Connect helps ISVs accelerate their time-to-market [3]