Sonida Senior Living, Inc. · NYSE:SNDA
Sonida Senior Living — Capital Senior Living — Investor Presentation (March 2021)
13 slides from Sonida Senior Living's investor presentation, Mar 31, 2021
Slide 1: A leading Owner-Operator of Senior Living Communities and Services
Exhibit 99.2 A leading Owner-Operator of Senior Living ommunities and Services Investor Presentation
Slide 2: Forward Looking Statements
Forward Looking Statements: The forward-looking statements in this presentation are subject to certain risks and uncertainties that could cause the Company’s actual results and financial condition to differ materially, including, but not limited to, the continued spread of COVID-19, including the sp
Slide 3: Agenda
Agenda I Transformative Strategic Actions Me Pro-Forma Portfolio Ml in the COVID-19 Vv. Growth Levers in the Post-Pandemic Environment DISCOVER the difference
Slide 4: Transformative Strategic Actions Undertaken Since 2019
Transformative Strategic Actions Undertaken Since 2019 Capital Senior performan v 1B: New Senior Leadership Team CEO, COO, Chief Revenue Officer, and others Revamped Operating Strategy i Or nN Exited All ses Resulting in $46.8MM of estimated annual cash flow savings Sti ized Balance Sheet / Reduced
Slide 5: Pro-forma portfolio: 60 owned communities
68 30+ 6,000+ 80.5% 3,200+ Communities Year Residents 2020 Occupancy Employees 60 Owned History Served 60 owned communities 8 Managed 15+ Communities 6,881 Units 5 - 14 Communities 18 States < 5 Communities Managed Owned68 30+ 6,000+ 80.5% 3,200+ Communities Year Residents 2020 Occupancy Employees 6
Slide 6: Trend Financial Results for Proforma Owned Assets
Trend Financial Results for Proforma 60 Owned Assets Occupancy AV Bw a V2 BZ ew Ai V2 @ 2018 2018 2019 2019 2019 2019 2020 2020 2020 am /) ‘Average Rent 33, sae gasug 858 BE VB WwW A VQ VB Ww AM VQ Ww ew \ ae 2018 2018 2018 2019 2019 2019 2019 2020 2020 2020 20] Revenue \ a @ 4 Qe Q Q3 A Qe _Q QB ew
Slide 7: Fourth quarter and full year 2020 results for 60 owned properties
4Q20 3Q20 4Q19 FY 20 FY 19 • Average Occupancy 77.4% 79.3% 84.4% 80.5% 84.8% • (1) Average Rent $ 3,586 $ 3,582 $ 3,563 $ 3,586 $ 3,546 • Revenue $ 46.9 $ 48.0 $ 50.8 $ 195.1 $ 203.5 • (2) Operating Expenses $ 35.8 $ 35.7 $ 37.0 $ 141.2 $ 140.9 (3) NOI (60 Properties) $ 11.1 $ 12.3 $ 13.8 $ 53.9 $ 6
Slide 8: 3.46 • 5.47 5.74 9.61 2.23 3.63 4.02 6.97 • 1.23 1.84 4+ Chronic
3.46 • 5.47 5.74 9.61 2.23 3.63 4.02 6.97 • 1.23 1.84 4+ Chronic Conditions 1.73 3+ Chronic Conditions 2.64 3.46 • 5.47 5.74 9.61 2.23 3.63 4.02 6.97 • 1.23 1.84 4+ Chronic Conditions 1.73 3+ Chronic Conditions 2.64
Slide 9: Outperforming Peers Through Challenging Environment
Outperforming Peers Through Challenging Environment 2020 ¥-0-Y NOI Growth 842% 844% gs (12.7%) 82.1% 81.7% 81.7% 7 os an wor* etn — ! A A , Th an QE JAN 20 FEB20 MAR20 APR20 MAY20 JUN20 JUL20 AUG20 SEP20 OCT20 NOV20 DEC20 JAN21™FEB 21" (430) bps SHOP Peers” Capital Senior Living ‘Scrap svogeota reno
Slide 10: Encouraging Trend of Declining COVID-19 Cases
Encouraging Trend of Declining COVID-19 Cases; ‘ ry Communities Normalizing Capital + 100% of Capital Senior Living communities are currently accepting new re: 3,500,000 * Active cases remain low due to implementation of co ntand robust protocol: 3,000,000 + All communities remain in high alert with
Slide 11: COVID-19 Vaccination Clinics Expected Complete by April 30, 2021
A ry COVID-19 Vaccination Clinics Expected Complete by April 30, 2021 Capital 87% 0, of residents Slt 90% \ “PULLY SECOND round p> circa 85% VACCINATED vaccinations have received qanpcemt] cer \ completed 45% 41% @) 4 of employees of staff have received one FULLY VACCINATED Data Through March 29 For
Slide 12: Strong Leading Indicators Support 2021 Recovery
Strong Leading | Support 2021 Recovery / beads ‘COVID-19, Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar \» "20 "20 "20 "20 "20 "20 "20 "20 "20 "20 "20 ‘21 ‘2 ay \2 "20 "20 "20 '20 '20 20 20 20 20 20 '20 ‘21 ‘21 a, Move Ins Mov
Slide 13: Strong Growth Levers in the Post Pandemic Environment
Strong Growth Levers in the Post Pandemic Environment Vaccine Pent-up. Provider Light Flu —_ Demand Dislocation a Reduct New ont + 100% of + Delayed and needs + Opportunities to + Verylittle flu + Premium bor costs + Fewernew — + Transformative ‘communities based demand for _exten rently starts and
Capital Senior Living — Investor Presentation (March 2021) on 6ix