American Healthcare Reit, Inc. · NYSE:AHR
American Healthcare Reit — Shareholder Meeting (June 2023)
17 slides from American Healthcare Reit's shareholder meeting presentation, Jun 15, 2023
Slide 1: 2023 Annual Meeting of Stockholders
American — Healthcare REIT 2023 ANNUAL MEETING OF STOCKHOLDERS June 15, 2023
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements made today by American Healthcare REIT, Inc. (“AHR,” the “company,” “we,” “us" or “our") may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of
Slide 3: Agenda
Agenda Call the Meeting to Order 1. Introductions and Welcome 2. Instructions on Rules of Conduct and Procedures 3. Proof of Notice of Meeting 4. Proxies; Existence of Quorum Proposals 1. Proposal No. 1- Election of Nine Directors Proposal No. 2 - Ratification of Appointment of Deloitte & Touche LLP
Slide 4: American Healthcare REIT
COMPANY UPDATE American 7 Healthcare REIT
Slide 5: American Healthcare REIT Overview
AMERICAN HEALTHCARE REIT OVERVIEW as of 3/31/23) Management is a Proven Established, Cohesive, Diversified Healthcare REIT Expertise Across All Leader in Portfolio Management platform with with Fully-Integrated Clinical Healthcare Asset Growth and Capital deep healthcare industry Management Classes
Slide 6: Portfolio Snapshot
PORTFOLIO SNAPSHOT (6: 013/21/25) MOBs 33% SNFs 2436 Debt Investment 2% Hospitals 3% Senior Housing 38%2 r) INVESTMENT DIVERSIFICATION' bE SNFs 59% a . oe oi MOBs 33% " . L — - IsHCs oe . Debt Investment ial . . - 2% r aoe s @ MoB: ch ees . Hospitals 3% 0Bs - 8 @ Senior Housing — Leased not Senior H
Slide 7: Key Developments 2022-2023
KEY DEVELOPMENTS 2022-2023 In 2022 and 2023, We Expanded Our Portfolio, Recast Our Credit Facility & Filed a Registration Statement for a Proposed Common Stock Offering In January 2022, we recast our existing credit facilities and combined the legacy GAHR3 and GAHR4 corporate credit facilities into
Slide 8: Medical Office (MOB) Update
MEDICAL OFFICE (MOB) UPDATE MOBs Showed Consistent Performance Throughout 2022 Our MOB portfolio has demonstrated occupancy stability with an average leased percentage of 90.3% over the past two plus years PROPERTIES Management remains confident in MOB fundamentals and expects MOBs to benefit from g
Slide 9: Senior Housing and Skilled Nursing
SENIOR HOUSING AND SKILLED NURSING Occupancy in Senior Housing and Skilled Nursing Asset Classes Continues to Show Steady Improvement Occupancy increased substantially over the past seven quarters from under 70% in Q1 2021 to over 82% in Q1 2023! Headwinds from rising labor costs and inflationary pr
Slide 10: Updated Net Asset Value
UPDATED NET ASSET VALUE* Updated Estimated Per Share Net Asset Value - 12/31/22! $31.40 Does Not Reflect Any Portfolio/NAV Premium “NAV is determined by the Board of Directors based on the estimated value of the company's assets less the estimated value of its liabilities, divided by the number of s
Slide 11: Listing/Offering Preparedness
LISTING/OFFERING PREPAREDNESS Summary of Steps Taken to Posi on the Company for Potential Listing on NYSE * Filed with the SEC a Registration Statement (Form S-11) for a * Completed one-for-four reverse stock split proposed common stock offering and contemplated listing * Changed transfer agents to
Slide 12: Insider Stock Ownership
INSIDER STOCK OWNERSHIP as of 5/15/23) Compelling Alignment of Interest Between Shareholders and Insiders 600,000 500,000 400,000 300,000 Total Shares! 200,000 100,000 Danny Prosky (Pres. & CEO) ea, American qrt Healthcare Jeff Hanson (Chairman & former CEO of GAHR III & GAHR IV) | SHARES PURCHASED
Slide 13: American Healthcare REIT Director Nominees
American Healthcare REIT Director Nominees a. a g y Jeff Hanson Non-Executive Chairman DannyProsky Director Mathieu Streiff Director Scott A. Estes Independent Director BrianJ.Flornes Independent Director Former CEO and Chairman of the Board of Griffin- American Healthcare REIT Il, IIland IV Non-Exe
Slide 14: American Healthcare REIT Management Team
American Healthcare REIT Management Team Background & Years in Industry i> Fa 5 jo Danny Pr President & Chief Former President & COO of Griffin-American Healthcare REIT Ui, Mand IV Me years it wo publicly-traded REITs: HCP, Inc., nka rian Peay Chief Financial Officer 3 Willhite Chief Operating Offic
Slide 15: Questions & Answers
Questions & Answers Please contact the AHR Investor Relations department at 844-460-9414 or visit www.AmericanHealthcareREIT.com with additional questions. Sign-up for automatic email alerts in the Investor Relations section of the website.
Slide 16: Appendix: Non-GAAP Reconciliation
APPENDIX: NON-GAAP RECONCILIATION NOI NOI is a non-GAAP financial measure that is defined as net income (loss), computed in accordance with GAAP, generated from properties before general and expenses, b it expenses, depreciation and amortization, interest expense, gain or loss on dispositions, incom
Slide 17: Appendix: Non-GAAP Reconciliation
APPENDIX: NON-GAAP RECONCILIATION Segment NOI Information Three Months ISHC sHOP MoBs bean bd SNFs Hospitals nde March 31, 2023 Revenues: Resident fees and services $ 361,770,000 $ 46,860,000 $ = $ = $ = $ « $ 408,630,000 Real estate revenue = = 37,483,000 5,276,000 1,632,000) 2,469,000 43,596,000 T
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