Sienna Senior Living Inc. · TSX:SIA
Sienna Senior Living — Q1 2025 Earnings Presentation
13 slides from Sienna Senior Living's earnings presentation, May 7, 2025
Slide 1: Q1 2025 Conference Call
Q1 2025 Conference Call Wildpine Retirement Residence Ottawa, Ontario May 7, 2025 Sienna Senior Living Inc. (SIA: TSX)
Slide 2: Cautionary Note
Cautionary Note Certain information in this presentation may contain forward-looking information. Actual results could differ materially from conclusions, forecasts or projections in the forward-looking information, and certain material factors or assumptions were applied in drawing conclusions or m
Slide 3: Presenters
Presenters Nitin Jain Chief Executive Officer, President & Director David Hung Chief Financial Officer & Executive Vice President, Investments
Slide 4: Maintaining Growth Momentum
Maintaining Growth Momentum Growth of Asset Base by Q3 2025 700 $594 600 $561 $476 500 SIENNA IS WELL $Million 400 $336 POSITIONED FOR 300 $256 CONTINUED $208 GROWTH IN 2025 200 100 AND BEYOND $26 0 Nicola Lodge Alberta Wildpine Northern Brants Hazeldean Cawthra Portfolio Residence Heights Landing &
Slide 5: Strong Operating Results
Strong Operating Results 16.7% Retirement Same Property (SP) Occupancy Q1 2025 95.0 95% Year-over-Year 92.4 92.6 92.9 93.1 93.1 92.5 91.8 91.9 91.9 Adjusted SP NOI Growth* 90.1 90.1 90.2 90.8 90.5 90.5 91.1 89.6 89.9 In Retirement Segment 90.0 88.5 88.6 88.9 89.4 89.1 89.5 89.2 89.0 88.7 89.5 88.1 8
Slide 6: Growing Platform to 100+ Properties
Growing Platform to 100+ Properties Wildpine Retirement Residence Nicola Lodge Airdrie Care Community Ottawa, Ontario Metro Vancouver, British Columbia Calgary Metropolitan Region, Alberta Brants Landing & Oakwood Commons Campus of Care Development Hazeldean Gardens Brantford, Ontario Retirement Res
Slide 7: Investing in Our Team Members as We Grow
Investing in Our Team Members as We Grow SOAR for Service Expansion of share ownership program with shares awarded to team members celebrating milestone work anniversaries ~30% ~70% Reduction in team Reduction in member turnover agency costs in 2024 in Q1 2025* *year-over-year Sienna Senior Living 7
Slide 8: Operating & Financial Results
Operating & Financial Results
Slide 9: Q1 2025 Financial Results (excluding one-time items)
Q1 2025 Financial Results (excluding one-time items) 12.1% 8.5% 27.5% 27.1% Total Adjusted Total Adjusted Increase in OFFO Increase in AFFO Revenue Growth SP NOI Growth 16.7% 2.2% 8.3% 7.7% Retirement Adjusted LTC Increase in Increase in SP NOI Growth SP NOI Growth OFFO/Share AFFO/Share Sienna Senio
Slide 10: Strengthened Financial Position
Strengthened Financial Position $256 $144M Equity Raised Debt Maturities ($MMs) $193 $178 February 2025 $173 $138 $125 $445M $175 Liquidity $150 As at March 31, 2025 $31 $18 2025 2026 2027 2028 2029 2030 $9 2031 Thereafter $1.1B Unencumbered Assets Mortgages Unsecured Debentures As at March 31, 2025
Slide 11: Compelling Fundamentals
Compelling Fundamentals 85+ Age Group in Canada to double Construction starts as % of inventory between 2021 - 2035 6.0% <1% 5.0% Canadian senior housing 2x 4.0% construction 1.65M 3.0% starts 2.0% 125M as % of inventory 1.0M 1.0% 0.86M 0.0% 2016 2017 2018 2019 2020 2021 2022 2023 2024 Source: Cushm
Slide 12: 2025 Growth Targets
2025 Growth Targets Martindale Gardens, Milton, Ontario Retirement Retirement 2025 SP NOI SP Occupancy Growth Target Growth Target ~10%+ ~95% by Q1 2026 Glenmore Lodge Kelowna, British Columbia LTC Retirement 2025 SP NOI 2025 SP Margin Growth Target Growth Target low single-digit 100 – 150 bps incre
Slide 13: Contact Information
Contact Information Sienna Senior Living Inc. siennaliving.ca t: (905) 489-0258 e: investors@siennaliving.ca