JBG SMITH(JBGS) - 2025 Q3 - Earnings Call Presentation

Managem ent Letter October 28, 2025 Our Fellow Shareholders: The third quarter showcased our team's ability to execute on our strategic priorities, even as the broader economic environment remained uncertain. We made meaningful progress across our portfolio, driven by strong leasing momentum, disciplined capital allocation, and the continued transformation of National Landing into a vibrant, mixed-use destination. Notably, we accelerated office leasing during a typically slow period, converting a robust pip ...