s for our stockholders. The annualized total return for permanent crop farmland over the five year period ended on June 30, 2015 was 20.2%, based on NCREIF data. • Identifiable Pool of Reputable and Qualified Tenants. We believe the areas where we own and intend to acquire farms are characterized by co

. The average annual return of the NCREIF Farmland Index since inception in 1991 has been approximately 11.8% per year versus an average of 8.0% for NCREIF's property index. aura l. hi .NCREIF (rand ince. . NCAE.F P5./potty mat Attaualkred (Wan) bmr(ag Rtxt)imme, Fsnntir.i tutu tNi, it NCREIF Prop