TERRENO REALTY - Key Persons

Job Titles:

• SVP

Job Titles:

• Independent Director
• Member of the Audit Committee
• Member of the Compensation Committee
• Member of the Nominating and Corporate Governance Committee

Mr. Lee is a private investor, and retired as the portfolio manager of the T. Rowe Price Real Estate Fund following a successful 25-year career at that firm.He was the T. Rowe Price Real Estate Fund's President as well as Chairman of the fund's Investment Advisory Committee for more than 21 years. Mr. Lee started his career at T. Rowe Price as an equity analyst in 1993, and in 1997 he proposed the launching of the firm's first dedicated real estate mutual fund. He began running the Real Estate Fund upon its inception in October 1997 and became one of the longest tenured real estate fund managers in the industry. Beginning in April 2006 and continuing uninterrupted for more than a decade, the Fund carried the highest qualitative rating from Morningstar Inc, first as an "analyst pick" and subsequently as a "Gold" rated fund until the announcement of his retirement in 2018.In 2008, Mr. Lee also launched T. Rowe Price's first Global Real Estate Fund, which he managed for more than six years to a strong track record before transitioning that fund to his successor. Mr. Lee began his career as an engineer for IBM at their semiconductor facility in Burlington, Vermont. Subsequently, he transferred into the IBM Marketing Division and achieved sales success in a competitive territory to become a member of the Hundred Percent Club. He has achieved the Chartered Financial Analyst designation. He is also a member of the Real Estate Advisory Board at Johns Hopkins University Carey School of Business. Mr. Lee earned a B.S. in Computer Engineering from the University of Illinois at Urbana-Champaign and an M.B.A. from Stanford University.

Job Titles:

• Chairman of the Compensation Committee
• Independent Director
• Member of the Audit Committee
• Member of the Nominating and Corporate Governance Committee
• Executive Chair of the Board of Directors of TD SYNNEX
• Independent Director / Chair, Compensation Committee

Mr. Polk is Executive Chair of the Board of Directors of TD SYNNEX (NYSE: SNX) since September 2021. Prior to SYNNEX merging with Tech Data, Mr. Polk served as President, Chief Executive Officer and a Board Member of SYNNEX Corporation from March 2018 to August 2021. Mr. Polk joined SYNNEX in 2002 and, prior to his appointment as CEO in March 2018, served in several roles, including Chief Operating Officer and Chief Financial Officer. TD SYNNEX is a business process services company, focused on the distribution of information technology products, manufacturing and logistics services.

Job Titles:

• Lead Independent Director
• Member of the Audit Committee
• Member of the Nominating and Corporate Governance Committee
• Founder and CEO of Capstone Enterprises Corporation
• Lead Director of Alexander & Baldwin, Inc

Mr. Pasquale is the Founder and CEO of Capstone Enterprises Corporation, an investment and consulting firm, since January 2012. Mr. Pasquale has been Senior Advisor of HCP, Inc. (NYSE: HCP), an investor primarily in real estate serving the healthcare industry in the United States, since August 2017. With the acquisition of Nationwide Health Properties (NYSE: NHP) by Ventas (NYSE: VTR), a leading seniors housing and healthcare real estate investment trust, Mr. Pasquale served on the Ventas Board of Directors from July 2011 to May 2017. NHP was a publicly traded real estate investment trust, investing in seniors housing, long-term care facilities and medical office buildings throughout the United States. From 2009 until 2011, Mr. Pasquale served as the Chairman of the Board, CEO and President of NHP, President and Chief Executive Officer from 2004 to 2009 and Executive Vice President and Chief Operating Officer of NHP from 2003 to 2004. Mr. Pasquale was a Director of NHP from 2003 to 2011. Mr. Pasquale served as the Chairman and Chief Executive Officer of ARV Assisted Living, an owner and operator of assisted living facilities, from December 1999 to September 2003. From April 2003 to September 2003, Mr. Pasquale concurrently served as President and Chief Executive Officer of Atria Senior Living Group. From March 1999 to December 1999, Mr. Pasquale served as the President and Chief Executive Officer at ARV, and as the President and Chief Operating Officer at ARV from June 1998 to March 1999. Previously, Mr. Pasquale served as President and Chief Executive Officer of Richfield Hospitality Services, Inc. and Regal Hotels International-North America, a hotel ownership and management company from 1996 to 1998, and as its Chief Financial Officer from 1994 to 1996. Mr. Pasquale is the lead Director of Alexander & Baldwin, Inc. (NYSE: ALEX), a Honolulu-headquartered ocean transportation, real estate and agribusiness company; the Chairman of the Board of Sunstone Hotel Investors, Inc. (NYSE: SHO), a lodging REIT; a Director of Dine Equity, Inc. (NYSE: DIN), a company that franchises Applebee's and IHOP restaurants; and a member of the Board of Trustees of ExplorOcean/Newport Harbor Nautical Museum. Mr. Pasquale received his BS in Accounting and his MBA from the University of Colorado.

Job Titles:

• Independent Director / Chair, Nominating and Corporate Governance Committee
• Managing Partner of Merlone Geier Partners

Ms. Parcella is Managing Partner of Merlone Geier Partners and President of Merlone Geier Management, LLC. Merlone Geier is a private equity real estate firm focused on actively managing the acquisition, development, redevelopment and ownership of retail and retail-driven mixed-use properties on the West Coast. Prior to joining Merlone Geier in June 2018, Ms. Parcella was the Chairman, President and CEO of Mellon Capital, a $380 billion institutional investment management firm focused on index and multi-asset strategies. For seven years, Ms. Parcella oversaw and coordinated the fully integrated company including Investments, Operations, Distribution, Legal, Regulatory and Compliance. During her 20-year career at Mellon Capital, Ms. Parcella held numerous other leadership roles, including Chief Operating Officer, General Counsel and Chief Compliance Officer. Prior to Mellon Capital, Ms. Parcella was a tax attorney at Orrick. Ms. Parcella graduated from the University of Texas at Austin in 1991, earning a M.A. in Professional Accounting and a B.A. in Business Administration, both with High Honors. In 1994, she earned a J.D. with Distinction from the Stanford Law School and was elected Business Manager of the school's Law Review. She is admitted to the California State Bar and is fluent in Spanish. Ms. Parcella was named one of the area's "Most Influential Women" by the San Francisco Business Times in 2016. In 2017, Fortune and ALPFA ranked her third on their "50 Most Powerful Latinas in Corporate America." Additionally, she serves as an Independent Trustee of the Dodge and Cox Funds mutual fund board of trustees, is a member of the Stanford Law School Board of Visitors, the Stanford Real Estate Council and previously chaired the Board of Schools of the Sacred Heart, San Francisco.

Job Titles:

• Executive Vice President

Jaime joined Terreno Realty Corporation in March of 2010 and currently serves as the Company's Chief Financial Officer overseeing finance, accounting, and sustainability efforts. Prior to joining Terreno, he worked at AMB Property Corporation, (now Prologis, NYSE: PLD), from 2003 to 2010 in various capacities, most recently as Vice President, Treasury. From 1997 to 2003, Jaime worked at Arthur Andersen and PriceWaterhouseCoopers, most recently as an Audit Manager specializing in real estate companies. Jaime received a BA in Business Economics from the University of California, Santa Barbara and is a former California Certified Public Accountant.

Job Titles:

• Executive Vice President

John joined Terreno Realty Corporation in 2010 and oversees the company's operations. Previously, he was Senior Vice President, Director of Transactions, Southwest Region of North America for AMB Property Corporation, (now Prologis, NYSE: PLD), In this role, John was responsible for the expansion of AMB's portfolio in the Western United States through targeted acquisition and development of distribution and warehouse facilities. During his twenty-year tenure, he oversaw multiple areas of the company including Finance, Operations, Airport Facilities, and Customer Development. John established AMB's Airport Facilities Group which was responsible for the development and acquisition of on-airport facilities throughout the world. John holds a BS degree in architecture from the University of Oklahoma.

Job Titles:

• SVP

Job Titles:

• Chairman of the Audit Committee
• Independent Director
• Member of the Compensation Committee
• Member of the Nominating and Corporate Governance Committee
• Certified Public Accountant in California
• Independent Director / Chair, Audit Committee
• Principal of NNC Apartment Ventures

Mr. Carlson has been a principal of NNC Apartment Ventures, LLC, a well established firm specializing in the long-term investment in multi-family assets on the West Coast, since 1999. Mr. Carlson formerly served as executive vice president, chief operating officer, chief financial officer and board member of BRE Properties, Inc. (now Essex Property Trust, NYSE: ESS). BRE was a large multi-family NYSE-listed real estate investment trust based in San Francisco, California. In his role as chief operating officer, Mr. Carlson oversaw the company's capital market activities, asset management and development and played a key role in two company mergers with an aggregate value of two billion dollars. Mr. Carlson retired from BRE in October 2002. Prior to joining BRE Properties, Inc., Mr. Carlson served as vice president, chief financial officer and as a director of Real Estate Investment Trust of California from 1990 to March 1996. He was a partner and chief financial officer of William Walters Company, a southern California based asset management company and investor, from 1976 to 1990. Mr. Carlson is a Certified Public Accountant in California. He is a graduate of the University of Southern California.

Job Titles:

• Chairman of the Nominating and Corporate Governance Committee
• Independent Director
• Member of the Audit Committee
• Member of the Compensation Committee
• Managing Partner of Jasper Ridge Partners

Linda Assante was most recently a Managing Partner of Jasper Ridge Partners where she led the real assets team which has responsibility for investment strategies in real estate and natural resources. Prior to joining Jasper Ridge Partners in 2008, Linda was a Principal with The Townsend Group, where she constructed real estate investment portfolios that included primary funds and co-investments. Previously, Linda was at JPMorgan where she was Head of West Coast Real Estate, Lodging & Gaming Investment Banking. Linda serves on the Board of Directors of the Pension Real Estate Association and on the Editorial Advisory Board of Real Assets Adviser. Linda is a board member of the James Campbell Company, a private real estate company based in Hawaii, and is a member of the Board of Trustees of Lafayette College. Linda earned a BA in Economics and Business from Lafayette College.

Job Titles:

• Chief Accounting Officer

Melinda joined Terreno Realty Corporation in 2013 and currently serves as the Company's Chief Accounting Officer. Prior to her promotion to Chief Accounting Officer, Ms. Weston served as the Company's Senior Vice President, Controller from January 2021, as Vice President, Controller from February 2017 to January 2021 and as Assistant Controller from April 2013 to February 2017. Prior to joining the Company, Ms. Weston held the position of Assistant Controller at AMB Property Corporation (now Prologis, NYSE: PLD). Ms. Weston earned bachelor's degrees in Business Economics, Emphasis in Accounting and Art History from the University of California at Santa Barbara.

Job Titles:

• Co - Founder
• President
• Director of Broadstone Net Lease, Inc

Before co-founding Terreno Realty Corporation, Mike was Chief Financial Officer and Executive Vice President of AMB Property Corporation (now Prologis, NYSE:PLD). He was a member of the Investment Committee at AMB and was responsible for capital markets, accounting, tax, information systems, dispositions, valuations, risk management and financial planning groups totaling more than 130 officers and associates in five countries. Mike also served as President and CEO of IAT Aviation Facilities, Inc., a listed Canadian Income Trust from October 2005 to May 2007. From July 1990 to August 1997, Mike was an auditor with Arthur Andersen LLP where he focused on real estate companies. Mike holds a BA in Business Administration and Accounting from Cal State East Bay University and is a former Certified Public Accountant. He is a member of the Cal State East Bay Educational Foundation Board. Mike currently serves as a director of Broadstone Net Lease, Inc. (NYSE: BNL), a REIT that acquires, owns and manages primarily single-tenant commercial real estate properties that are net leased to a diversified group of tenants. Mike was a director of DuPont Fabros Technology, Inc. (formerly NYSE: DFT) from 2007 to 2017 and was a director of Digital Realty Trust, Inc. (NYSE: DLR) from 2017 to 2021.

Job Titles:

• SVP

Job Titles:

• Chairman
• Chief Executive Officer
• Co - Founder
• Director of Sunstone Hotel Investors, Inc

Prior to co-founding Terreno Realty Corporation, Blake was President and a Director of AMB Property Corporation and Chairman of its Investment Committee. AMB, (now Prologis, NYSE:PLD), was a leading global developer, owner and operator of industrial real estate with more than 1100 buildings containing over 125 msf and an equity market capitalization of over $5 billion. Blake led a significant transformation of AMB, exiting the shopping center business to focus on industrial properties near major airports and seaports, internalizing property operations, expanding into 12 countries and building an in-house development function. Blake joined AMB in January 1999 as Chief Investment Officer, was named President in January 2000 and was elected to the Board in 2001. Prior to joining AMB, Blake was a Managing Director of Morgan Stanley & Co., most recently as head of Real Estate Investment Banking for the western United States. Blake spent 15 years at Morgan Stanley and Dean Witter, the last 11 focusing on real estate. Blake holds a BS in Economics (magna cum laude) from the Wharton School and a BA in History (magna cum laude) from the College of Arts and Sciences at the University of Pennsylvania. He also holds an MBA from New York University. Blake is a Director of Sunstone Hotel Investors, Inc. (NYSE:SHO), a lodging REIT. Blake was a Director of Matson, Inc. (NYSE:MATX) from 2012-2020 and a Director of Alexander & Baldwin, Inc. (NYSE:ALEX) from 2006-2012.