Slide 1: Growing Together
Cover Option o/s new photo Growing Together Investor Presentation August 2026
Slide 2: Cautionary statement
Cautionary statement Forward-looking Statements results and developments discussed in the forward-looking evaluate the performance of the Company. The terms “EBITDA”, statements, as they are subject to a number of risks and “Adjusted EBITDA”, “net operating income” (“NOI”), “adjusted This presentati
Slide 3: Extendicare (TSX: EXE)
Extendicare (TSX: EXE) Canada’s largest seniors’ care provider focused on long-term care and home health care 58 years • Strong growth opportunities: Organic growth driven by of providing seniors’ care demographic trends augmented by deep acquisition pipeline in a fragmented Canadian market • Indust
Slide 4: Services-focused growth
Services-focused growth Business model enables growth without significant capital requirements Direct care for seniors NOI contribution by segment(1) Home health care Long-term care TTM Q2 2026 Adjusted NOI(1) $275.5M Managed ~27M Home 58 Home health care services health care Long-term care $125.9M
Slide 5: Meeting the needs of a growing demographic
Meeting the needs of a growing demographic Compelling growth in long-term care and home health care Building new LTC homes to address the rising demand for long-term care Canadian population aged 85+ 3x • Seniors aged 85+ increasing at ~4% per year(1) 3.0 • LTC waitlist of ~50,000(2) in Ontario(2) 2
Slide 6: Ontario LTC beds per 1,000 people aged 75+
Ontario LTC beds per 1,000 people aged 75+ Development activity has not kept up with growing demand; home health care bridges the gap • From 1996 to 2006, over 23,000 LTC beds Ontario LTC beds per 1,000 people over 75 were added in Ontario, raising the ratio to 100 LTC beds per 1,000 Ontarians aged
Slide 7: CBI Home Health acquisition
CBI Home Health acquisition CBI Adjusted EBITDA $69.6M for FY2025 ~12.4% ahead of announcement pro forma • $570 million acquisition of CBI Home Health closed April 1, 2026, making ParaMed the leading home health care platform in Canada $504M $69.6M • Advances services focused strategy and highly Rev
Slide 8: Home health care
Home health care Strong volume and NOI growth supported by investments in training and recruiting programs and technology; highly fragmented market offers M&A opportunities • Robust demand for home health care services driven by Home Health Care Adjusted NOI & NOI Margin(1)(2) aging Canadian populat
Slide 9: Long-term care
Long-term care Industry-leading scale and strong operating performance drive stable NOI growth LTC Adjusted NOI & NOI Margin(1)(2) 11.8% $120M 10.9% 12% 10.4% • LTC segment has returned to pre-pandemic occupancy $100M 8.4% 10% and NOI $80M 8% $60M 6% • Extendicare operates 58 fully owned LTC homes $
Slide 10: Building for the future
Building for the future Continued progress on redevelopment program: opened 320-bed home in Ottawa and sold 320-bed Sudbury project into the Axium JV in Q2 Beauclaire Forest Trail Upgrading our portfolio quality, driving management fee growth Six LTC homes (1,408 new beds) under construction in Axiu
Slide 11: Managed services | Extendicare Assist and SGP
Managed services | Extendicare Assist and SGP Growth in SGP purchasing clients and new homes opened in the Axium JV drive NOI growth Managed Services NOI and NOI Margin • Highest margin segment, focused on expanding service $45M 70% 53.5% 55.0% 56.3% 52.5% 60% offerings and geographic reach $30M 50%
Slide 12: Senior unsecured credit structure established in Q2
Senior unsecured credit structure established in Q2 Weighted average interest rate down 80bps and average maturity increased to 5.1 years Consolidated Debt Pro Forma Consolidated Debt As at June 30, 2026 As at March 31, 2026 Year of Year of Pro Forma ('000s, unless otherwise noted) Interest Rate Mat
Slide 13: Strong liquidity and credit metrics
Strong liquidity and credit metrics Favourable maturity profile and pro forma Debt to Adjusted EBITDA of ~2.5x post-CBI acquisition with ~$208M of available liquidity Debt Metrics(1)(3)(4) 10.0x 9.3x As at June 30, 2026 37.0% 7.9x 7.4x 35.3% 38.6% Available 31.4% Long-term Weighted Average 26.0% Cas
Slide 14: Appendix
o/s new photos Q4-25 deck Appendix
Slide 15: Joint Venture with Axium Infrastructure
Joint Venture with Axium Infrastructure Funds LTC redevelopment and expansion, driving revenue growth in Managed Services Extendicare Sell Project to JV Identify Project Develop Project Manage Operations Manage Recycle Capital Sell project to JV, with Construction & Pipeline of 17 Acquire land, reim
Slide 16: Adjustments to revenue, NOI, EBITDA and AFFO
Adjustments to revenue, NOI, EBITDA and AFFO Years ended December 31, 2023, 2024, and 2025, and twelve months ended June 30, 2026 • 2023 results impacted by COVID-19 related funding and costs and other out-of-period items Impact of out-of-period items on Revenue, NOI, Adjusted EBITDA, o Home health
Slide 17: Financial Summary
Financial Summary Years ended December 31, 2023, 2024, and 2025, and twelve months ended June 30, 2026 Select Annual and TTM Q2-26 Information FY 2023 margin FY 2024 margin FY 2025 margin TTM Q2 2026 margin Revenue $1,305.0M $1,466.2M $1,660.4M $1,978.6M Home health care $469.1M $566.0M $701.1M $950
Slide 18: Helping people live better
Helping people live better