Signature [PLEASE SIGN WITHIN BOX] Date Signature (Joint Owners) Date TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: KEEP THIS PORTION FOR YOUR RECORDS DETACH AND RETURN THIS PORTION ONLY THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. D26487-S12359 The Board of Directors recommends you vote FOR the following proposal: 3. A proposal to adjourn the Special Meeting to solicit additional proxies in favor of the Merger Proposal and/or the Charter Amendment Proposal if there are not sufficient votes to approve the Merger Proposal and/or the Charter Amendment Proposal, if necessary and as determined by the chair of the Special Meeting. 2. A proposal to approve the amendment of the charter of REIT I to remove the provision related to “Roll-Up Transactions” in connection with the Merger, which we refer to as the “Charter Amendment Proposal.” The Board of Directors recommends you vote FOR the following proposal: NOTE: IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE BROUGHT BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 1. A proposal to approve the merger of Resource Real Estate Opportunity REIT, Inc. ("REIT I") with and into Revolution I Merger Sub, LLC, a wholly owned subsidiary of Resource Real Estate Opportunity REIT II, Inc. ("REIT II"), pursuant to the Agreement and Plan of Merger, dated as of September 8, 2020, by and among REIT I, REIT II, and the other parties thereto, which we refer to as the “Merger Proposal.” For Against Abstain For Against Abstain For Against Abstain RESOURCE REAL ESTATE OPPORTUNITY REIT, INC. The Board of Directors recommends you vote FOR the following proposal: RESOURCE REAL ESTATE OPPORTUNITY REIT, INC. 1845 WALNUT STREET, 17TH FLOOR PHILADELPHIA, PA 19103 Please sign exactly as your name(s) appear(s) hereon. When signing as attorney, executor, administrator, or other fiduciary, please give full title as such. Joint owners should each sign personally. All holders must sign. If a corporation or partnership, please sign in full corporate or partnership name by authorized officer. ! ! ! ! ! ! ! ! ! VOTE BY INTERNET - www.proxyvote.com/RREO or scan the QR Barcode aboveUse the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 p.m. Eastern Time the day before the cut-off date or meeting date. Follow the instructions to obtain your records and to create an electronic voting instruction form.ELECTRONIC DELIVERY OF FUTURE PROXY MATERIALSIf you would like to reduce the costs incurred by our company in mailing proxy materials, you can consent to receiving all future proxy statements, proxy cards and annual reports electronically via e-mail or the Internet. To sign up for electronic delivery, please follow the instructions above to vote using the Internet and, when prompted, indicate that you agree to receive or access proxy materials electronically in future years.VOTE BY PHONE - 1-800-690-6903Use any touch-tone telephone to transmit your voting instructions up until 11:59 p.m. Eastern Time the day before the cut-off date or meeting date. Have your proxy card in hand when you call and then follow the instructions.VOTE BY MAILMark, sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717. SCAN TOVIEW MATERIALS & VOTE w
