Introduction Andrew L Propst MPM RMP CPM Chief

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Introduction Andrew L. Propst MPM®, RMP®, CPM® Chief Executive Officer • Appointed CEO upon

Introduction Andrew L. Propst MPM®, RMP®, CPM® Chief Executive Officer • Appointed CEO upon formation of Home. River Group (“HRG”) • Managing properties for 17+ years for three property management companies • Joined Park Place Property Management as President and part-owner in 2008. Helped grow that company from 150 doors in 2008 to 4000+ doors today. • Member of NARPM® National Board of Directors since 2010 serving in multiple capacities before becoming NARPM® National President in 2015 • AKA “DJ WAFFLZ”

Company Overview • Holding company for mid-size and large regional property management companies specializing

Company Overview • Holding company for mid-size and large regional property management companies specializing in single family rentals and small, two- to four-unit (townhouses and condos), multi-family rentals. • Build-up of regional operators specializing in SFRs to create a national 3 rdparty PM company in U. S. with initial operations in Florida, Idaho, Tennessee, North Carolina, and Indiana • Principal services to owners include full-service PM, leasing, maintenance, sales/brokerage and construction (rehab).

Ten Locations, five states, 8000 doors

Ten Locations, five states, 8000 doors

Capital Partner • Strong values • Invest in service based industries • Realogy Roll-up

Capital Partner • Strong values • Invest in service based industries • Realogy Roll-up

Go Forward Strategy • Platforms – Acquire mid-to-large size property management firms across the

Go Forward Strategy • Platforms – Acquire mid-to-large size property management firms across the country, keeping senior management in place. • Unique equity rollover opportunity (part of purchase price paid in HRG shares) to keep operators engaged, while diversifying risk via a national platform and deferring taxes till ultimate exit • Portfolio – Acquire management contracts of existing companies; empower local operators to make multiple portfolio acquisitions annually. • Branding – Rebrand local companies as HRG; roll out national website and marketing • Best Practices – Identify and apply regional best practices across the national footprint • Centralization – Capitalize on synergies and economies of scale throughout the country • Investment Management – Provide investment and management advice, and potentially capital to investors