Investor Presentation

November 2020

Performance Update (1)(2)(3)(4)

199 Manufactured Home Communities

u Core MH base rental income growth for October is 4.5% u Core Occupancy of 95.3% as of October 31, 2020

199 RV Resorts

  • Core RV base rental income growth for October is 8.7%
  • Core RV base rental income growth from annuals for October is 4.8%
  • Core RV base rental income from seasonals and transients for October 2020 is $1.0M higher than October 2019
  • Current Q4 2020 reservation pace projects Core RV base rental income from seasonals and transients will be $0.7M lower than Q4 2019(5)

Notes:

The Core Portfolio may change from time-to-time depending on acquisitions,

(1)

Core Portfolio is defined as properties owned and operated since January 1, 2019.

(2)

dispositions and significant transactions or unique situations.

Compared to comparable period in 2019.

(3)

The factors that affected our results for October 2020 may not continue and therefore, our results for that period may not be

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(4)

indicative of our results for the full quarter or year.

Excludes joint venture properties.

(5) Pace information reflects seasonal and transient reservations for Q4 2020 as of November 15, 2020 compared to Q4 2019 reservations as of the same date in 2019.

Our Story

  • One of the nation's largest real estate networks with 415 properties containing 157,690 sites in 33 states and British Columbia
  • Unique business model
    • Own the land
    • Low maintenance costs/customer turnover costs
    • Lease developed sites
  • High-qualityreal estate locations
    • More than 90 properties with lake, river or ocean frontage
    • More than 120 properties within 10 miles of coastal United States
    • Property locations are strongly correlated with population migration
    • Property locations in retirement and vacation destinations
  • Stable, predictable financial performance and fundamentals
    • Balance sheet flexibility
  • In business for over 50 years

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Equity Lifestyle Properties Inc. published this content on 17 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2020 13:06:00 UTC