Market Leading Capabilities for the Valuation & Management of Risk for CRE Assets slide image

Market Leading Capabilities for the Valuation & Management of Risk for CRE Assets

Global Property Tax Business at a Glance Altus Group The leader in solving complex property tax appeals for clients and developing solutions to increase value for their CRE assets • Property tax is typically the largest cost in CRE property ownership after debt-service . Realty tax regimes vary significantly between jurisdictions requiring regional and asset specific expertise . Given the magnitude and complexity of this expense, property managers and owners are increasingly seeking outsourced professional expertise to manage this cost & appeal process Key drivers of success: Market Share Leadership Consultant Expertise Data Leverage Maximized Client Savings Repeatability via Digitization 3 KEY CRE COUNTRIES ~800 EMPLOYEES WORLDWIDE ~50K CLIENTS WORLDWIDE 44% $245M 13% OF CONSOLIDATED ALTUS REVENUES REVENUES IN 2020 5-YR REVENUE CAGR (2016-2020) 8-15% AVG. CLIENT TAX REDUCTIONS FROM ASSESSED VALUE (N.A.) 27% -80% 5-YR ADJUSTED EBITDA MARGIN AVERAGE CONTINGENCY- BASED REVENES altusgroup.com Canada, 29% GEOGRAPHIC REVENUE SPLIT (2020) US, 27% UK, 43% 25 25
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