Sonida Senior Living, Inc. · NYSE:SNDA
Sonida Senior Living — Capital Senior Living — Q3 2019 Earnings Presentation
14 slides from Sonida Senior Living's earnings presentation, Nov 7, 2019
Slide 1: A leading Owner-Operator of Senior Living Communities and Services
Exhibit 99.2 Exhibit Senior Capital 99.2 Living A leading Owner-Operator of Senior Living Communities and Services
Slide 2: Forward-looking statements and non-GAAP measures
The to ability non-compliance risk applicable the filed subsequent not results calculated EBITDAR structures exclude provide companies Adjusted flows, fund Company’s calculated of forward-looking with which to increased of the indicators the extend CFFO, operations the and in licensure, in Company’s
Slide 3: Capital Senior Living at a Glance
Capital Senior independent DISCOVER living, theLiving difference assisted at a Glance living126 and 12,000+ memory 23 care $460M communities 6,600+ Communities for senior adults. Residents CapitalStates Senior018 Living Revenue provides Employees seniors Operated the freedom Served and opportunity D
Slide 4: Charting a New Path Forward
Charting and Communities market leadership ourOwning real a team New estate in real that Path concentrated Strengthen estate will Forward not provides relent: geographies the Implementing customer 100% significant focused with experience real financial capacity change on operational and and to and s
Slide 5: Strategic Pillars: Stabilize, Invest, Grow, Nurture
New Practices Best Commercial growth Strategy Accretive Excellence Builds INVEST acquisitions on Resident-Centric Local Solid in Foundation brand attractive preference Experience 2019 geographically to Lead 2021 Community generation Strategic concentrated and Pillars upgrades sales markets Foundatio
Slide 6: Strong independent leadership and operator of senior living communities
Strong independent reset 84.7 2010 87.0 leadership, 2011 Operator 86.3 2012 living 87.1 2013 of strategy, to Trusted 88.3 assisted 2014 87.7 structure, Senior 2015 86.6 living 2016 Living 83.2 and and2017 2010 focus. memory Communities 2018 2011 Significant care 2012inTotal 2013 anticipation opportu
Slide 7: Highly-Fragmented Market and Economies of Scale
Established 50, saving withcompany growing efficiencies Portfolio filings market Leverage and need. Provides investor Source: marketing Economies presentations. NICefforts Investment of Scale particularly Capital inGuide, a Senior Highly-Fragmented in Fifth competitive Living Edition is one ©2019 di
Slide 8: Market Forces: Aligning Strategy with Key Needs
Market Markets (R) Treasuries Source: Forces: 50,000 DISCOVER NICAligning 9% Map® 40,000 the Data Strategy difference 7%Service 30,000 with©2019 Key 5% 20,000 Needs National 3% RiseInvestment 10,000 in dementia 1% 0Center -1% and other 2006 for Seniors conditions 2007 2008 Housing requiring 2009&201
Slide 9: Owning real estate: Real Estate Ownership Key Differentiator
Owning real flows 2018 Retirement while Properties Optimizes our capturing LCS realOwned Five estate asset full Star management provides 231 benefit Senior 143from significant 83 Living and 344 operations financial 86 Sunrise 34 financial 10Stronger Senior flexibility 0 0 and 0 2018 Living Real marg
Slide 10: Balance Sheet as of September 30, 2019
Balance72.5 Assets practices, divestiture Sheet the Refinancing Other Company as ofLiabilities September existing is engaged 225.1 30, owned 2019 in Fixed various assets Assets Assets activities DISCOVER ($978.2 in millions) Total to strengthen the Liabilities Liabilities difference our1,291.0 finan
Slide 11: Average duration of debt is 5.8 years
Average duration DISCOVER the difference of debt is 5.8 years Approximately 93% of all debt matures in 2021 and after. $0 $65,000 $11,061 $38,658 $61,551 $253,685 $537,503 2019 2020 2021 2022 2023 2024 2025 & After $ in thousands
Slide 12: Portfolio: Owned and Leased Communities
DISCOVER CSU April Portfolio 2026 4 the Communities Owned difference Leased NNN 46 Leases 80 126 Represent Total Properties 36% Total HCPPortfolio October 2020 9 Communities April 2026 6 Communities September 2025 7 Communities April 2025 8 Communities September 2025 12 Communities
Slide 13: Experienced leadership team
Strong VP 1992 and various assisted channel contracts, function companies; Forest MHA,Senior service Joined MBA, Duke and senior environments living and corporate VP Experienced financial began CSL Univ. aUniv. and leadership companies focus Feb career Director BS, of all leading leadership 2018 Tex
Slide 14: Investment Rationale
Investment and investment long- needs opportunity Rationale term growth 30-years DISCOVER Owner-operator of Solid thestrategy, difference model structure, Top talent experience and emerging standards provides and focus financial caringand for culture seniorsof Significant learning, operational oppor
Capital Senior Living — Q3 2019 Earnings Presentation on 6ix