Total Portfolio Weighted Average 5-Mile Average Household Income $97,300 2 15 ▪ Current midpoint of 2023 guidance1implies a 73% 2022E FFO per share dividend payout ratio $1.10 © 2023 Alpine Income Property Trust, Inc. | alpinereit.com As of June 30, 2023. Net Debt to Pro Forma EBITDA4 Improved Leverage Profile ▪ PINE has no debt maturities until May 2026 Well-Staggered Debt Maturity Schedule As of June 30, 2023, unless otherwise noted. $ in millions; any differences a result of rounding. 1. As of June 30, 2 ...