Financial Performance - Adjusted EPS for 2Q25 was $031, a 19% increase QoQ and a 9% annualized total loan growth[6] - The Net Interest Margin (NIM) was 310%, up 2 bps QoQ and 30 bps YoY[6,9] - Adjusted Return on Average Tangible Common Equity (ROATCE) was 834%[6,11] - Adjusted Pre-Tax Pre-Provision (PTPP) income was $870 million, up 56% QoQ and 563% YoY[6,11] Loan Portfolio and Credit Quality - Total loans increased by 9% annualized, with core loans up approximately 12%[6] - Strategic sales of approximately $507 million in CRE loans led to improved credit quality metrics[6,43] - Non-Performing Loans (NPL), Classified and Special Mention ratios decreased by 19 bps, 46 bps, and 115 bps, respectively[6] - The Allowance for Credit Losses (ACL) ratio was 107%[6] Capital and Shareholder Value - Tangible Book Value Per Share (TBVPS) was $1646, a 2% increase QoQ[6] - The CET 1 capital ratio was 992%[6] - The company repurchased $150 million of common shares YTD, representing 68% of shares, at a VWAP of $1305[6] Deposits - Core deposits remained stable QoQ[6] - Noninterest-bearing deposits accounted for 270% of total deposits[20] Outlook - The company is targeting a Net Interest Margin (NIM) of 320%-330% by 4Q25[76] - The company anticipates Noninterest Expense (NIE) to average $190 million-$195 million per quarter[76]

Financial Highlights - Core FFO per share was $0.22 [5] - Same-Store Property Cash NOI adjusted for non-recurring items decreased by 3.0% year-over-year [5] - The 2025 FFO guidance was revised to $0.83-$0.86, a $0.03 revision due to lower Observatory NOI guidance [5] - Liquidity stands at $0.7 billion [5] Portfolio & Leasing - Manhattan office portfolio is 93.8% leased [5, 12, 29] - Leased 222k sf in Manhattan and achieved +12.1% positive mark-to-market [5] - The company closed on the acquisition of a retail asset on North Sixth Street in Williamsburg for $31 million [5] Observatory - Observatory 2025 NOI guidance revised to $90-94 million [5] - Revenue per visitor increased by 2.3% year-over-year [5] Retail - Williamsburg retail properties are 91.2% leased with a 6.5-year WALT at income generating properties [73]

Financial Performance - Air Group's adjusted earnings per share exceeded original guidance at $1.78[4] - The adjusted pretax margin was 8.0%[4] - Q2 2025 unit costs increased by 6.5% year-over-year[4,17] - Q2 2025 unit revenues decreased by 0.6% year-over-year[4,12] - Cargo revenue increased 34% year-over-year[8] Synergies and Network - Hawaiian Assets achieved their first profitable quarter since acquisition[8] - Premium revenue increased by 5%[8,12] - Active card accounts are up 10% year-over-year[8] Balance Sheet and Share Repurchases - The debt-to-cap ratio is at 60%, and the adjusted net debt to EBITDAR is at 2.4x[4] - Year-to-date share repurchases totaled $535 million, representing 10.5 million shares[24] Integration Milestones - The company plans to launch a single loyalty program platform & premium credit card in 2H 2025[25]

INVESTOR PRESENTATION July 2025 Photo: Angelina Sawmill, Lufkin, Texas, USA Financial Information: The financial information related to West Fraser contained in this Presentation is derived from our Q2 2025 interim Financial Statements, which have been prepared in accordance with International Financial Reporting Standards ("IFRS") and is discussed in our Managements' Discussion and Analysis ("MD&A") for the three months ended June 27, 2025 (our "Q2 2025 MD&A"). Additional information is also discussed in o ...

Financial Highlights - Adjusted EBITDA increased by 3% to $722 million, reflecting higher profitability at Trail Operations and lower corporate overhead costs, partially offset by lower copper and zinc prices and higher operating costs at QB & Highland Valley[10, 28, 30] - Profit from continuing operations before taxes increased by 525% to $125 million[10, 28] - Adjusted diluted earnings per share from continuing operations increased by 217% to $038[10, 28] Production and Operations - Copper production guidance revised downwards for Quebrada Blanca (QB) from 230-270 thousand tonnes to 210-230 thousand tonnes, impacting total copper production guidance, which is revised to 470-525 thousand tonnes[21] - Molybdenum production guidance revised downwards for Quebrada Blanca from 30-45 thousand tonnes to 17-25 thousand tonnes, impacting total molybdenum production guidance, which is revised to 38-54 thousand tonnes[21] - Red Dog zinc sales above guidance, with significantly lower net cash unit costs[10] Capital Allocation and Growth - $22 billion of the $325 billion authorized share buyback program has been completed[10] - Sanctioned Highland Valley Copper Mine Life Extension (HVC MLE) project, extending mine life to 2046, with a project capital estimate of C$21-24 billion[10, 20] - Sustaining capital expenditures for copper increased by C$340 million, resulting in a revised total of C$940-1010 million[21] - Growth capital expenditures for copper increased by C$300-340 million, resulting in a revised total of C$1040-1170 million[22] Market Outlook - The company expects further policy support in China during Q3, with an expansion of consumer subsidies for goods and an acceleration of infrastructure projects, which should help underpin metals demand[83] - Copper market fundamentals indicate that investment in copper concentrate supply hasn't matched demand, and the company expects a more electricity-intensive phase of global growth in the coming years[89] - Zinc market fundamentals indicate that 2025 is set for mine supply growth after several lean years, and zinc projects struggle to compete for capital[91]

Financial Performance & Segments - Sonic Automotive's total revenues were $1422 billion in FY 2024[8], a decrease of 1% compared to $1437 billion in FY 2023[71] - GAAP EPS was $618 in FY 2024[8], a 24% increase year-over-year[71] - Adjusted EPS was $681 in FY 2024[8] - Franchised Dealerships Segment revenues reached $119 billion in FY 2024[10] - EchoPark Segment revenues were $21 billion in FY 2024[10] - Powersports Segment revenues totaled $157 million in FY 2024[10] Franchised Dealerships Segment Strategy - Franchised Dealerships Segment adjusted EBITDA was $526 million in Q2 2025[19] - The company anticipates FY 2025 new vehicle GPU in the $2800 to $3200 per unit range[60] - The company anticipates used vehicle GPU in the $1300 to $1500 per unit range[60] EchoPark Segment Strategy - EchoPark Segment achieved an all-time record quarterly adjusted EBITDA in Q2 2025[44] - The company expects adjusted EBITDA between $50 million and $55 million for the EchoPark Segment in FY 2025[60]

Financial Performance - Q2 2025 net sales increased by 0.2% to $1.4 billion compared to Q2 2024[14, 84] - Adjusted EPS was $1.16, a decrease of 36% compared to Q2 2024[14] - Free cash flow for Q2 2025 was $288 million, an increase of $119 million compared to Q2 2024[14] - Year-to-date 2025 net sales decreased by 5% to $2.669 billion compared to 2024[48] - Year-to-date 2025 free cash flow was $244 million, an increase of $279 million compared to the previous year[41, 48] Segment Performance - Propulsion segment net sales increased by 7% to $598.2 million in Q2 2025 compared to Q2 2024[51] - Engine P&A segment net sales increased by 1% to $337.8 million in Q2 2025 compared to Q2 2024[53] - Navico Group segment net sales decreased by 4% to $202.3 million in Q2 2025 compared to Q2 2024[57] - Boat segment net sales decreased slightly by 0% to $405.6 million in Q2 2025 compared to Q2 2024[59] External Factors and Outlook - The company estimates a potential $55-70 million incremental tariff exposure for FY2025[32, 61] - The company updated its 2025 debt reduction target to $175 million, an increase of $50 million from Q1 guidance[41] - The company anticipates approximately $3.25 billion in revenue[63]

Q2 2025 Supplemental Package Farmland Partners Inc. (NYSE: FPI) is an internally managed real estate company that owns and seeks to acquire high-quality farmland throughout North America addressing the global demand for food, feed, fiber and fuel. www.farmlandpartners.com | 4600 S Syracuse St Suite #1450 Denver CO 80237 | 720.452.3100 Table of Contents | Earnings Release | 1 | | --- | --- | | Consolidated Balance Sheets | 4 | | Consolidated Statements of Operations | 5 | | Reconciliation of Non-GAAP Measure ...

Investor Presentation July 2025 1 Disclaimer This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements concerning our business and growth strategies, investment, financing and leasing activities, including estimated development costs, and trends in our business, including trends in the market for s ...

SECOND QUARTER EARNINGS CALL 2025.07.24 SAFE HARBOR Today's presentation includes forward-looking statements that reflect management's current expectations about the Company's future business and financial performance. These statements are subject to certain risks and uncertainties that could cause actual results to differ from anticipated results. Factors that could cause actual results to differ from anticipated results are identified in Item 1A of the Company's Form 10-K, and Item 1A of the most recent Q ...