Sienna Senior Living Inc. · TSX:SIA
Sienna Senior Living — Q4 2025 Earnings Presentation
14 slides from Sienna Senior Living's earnings presentation, Feb 20, 2026
Slide 1: Q4 2025 Conference Call
Q4 2025 Conference Call Aspira Hygate Retirement Living Waterloo, Ontario February 20, 2026 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: A Year of Long-Term Value Creation
A Year of Long-Term Value Creation + Successful Completion of $800M+ Assets Added Acquisitions & Developments in 2025 + Ending 2025 with 12th Consecutive 10.1% Quarter of Strong Organic Growth Q4 Same Property NOI Growth (excl. One-Time Items)) + Continued to Strengthen Balance Sheet with Support of
Slide 5: Strong Operating Results
Strong Operating Results Retirement Same Property (SP) Occupancy(2) 15.4% Q4 2025 95.0 95.0 95.1 95.2 95.2 94.9 Year-over-Year 95% 95.0 93.7 SP NOI Growth(1) 92.9 93.2 93.3 92.8 93.1 In Retirement Segment 92.2 92.5 92.5 92.3 92.2 92.0 91.5 90.9 91.0 90.3 90.4 90.3 Percent 90.0 89.7 89.0 5.6% 86.0 Q4
Slide 6: Advancing Redevelopment Pipeline
Advancing Redevelopment Pipeline ~$208M Completed Developments in 2025 Northern Heights North Bay, Ontario ~$250M Development of 448-bed LTC Community in Toronto (with expected construction start in second half of 2026) Brants Landing & Oakwood Commons Brantford, Ontario Sienna Senior Living 6
Slide 7: Acquisition Momentum Carried Into 2026
Acquisition Momentum Carried Into 2026 LaSalle Park Greater Toronto Area, Ontario (10.9% interest acquired in 2026) ~$79M 2026 Acquisitions (Closed & Under Contract to Date) The Bartlett (On-Site Bistro) Glenmore Lodge, Kelowna, British Columbia (22.8% interest acquired in 2026) The Bartlett Greater
Slide 8: Team Members at the Centre of Sienna's Success
Team Members at the Centre of Sienna’s Success Team Member Engagement Score 8.0 7.9 7.5 7.3 7.1 2021 2022 2023 2024 2025 86% Participation Rate In Team Member Engagement Survey Sienna Senior Living 8
Slide 9: Operating & Financial Results
Operating & Financial Results
Slide 10: Q4 Financial Results
Q4 Financial Results (excluding one-time items) Quarter ended December 31 2025 2024 Change $Million, except occupancy and per share data Revenue (Proportionate Basis) 278.4 243.8 + 14.2% Same Property (SP) NOI 47.4 43.0 + 10.1% Retirement operations Retirement SP NOI 22.8 19.7 + 15.4% benefitting fr
Slide 11: Full Year Financial Results
Full Year Financial Results (excluding one-time items) Year ended December 31 2025 2024 Change $Million, except occupancy and per share data Revenue (Proportionate Basis) 1,035.6 900.4 + 15.0% Same Property (SP) NOI 181.3 166.2 + 9.1% Revenue exceeding Retirement SP NOI 85.8 75.0 + 14.3% $1.0 billio
Slide 12: Strong Financial Position and Access to Capital
Strong Financial Position and Access to Capital $502M $1.5B Liquidity Unencumbered Assets As at December 31, 2025 As at December 31, 2025 $250M Issuance of 500 Unsecured Debentures in Q4 2025 $415 Debt Maturities ($MMs)* 400 300 $319 $288 $101M Issuance of Shares $210 under ATM Program 200 $181 in Q
Slide 13: Outlook
Outlook 85+ Age Group in Canada 10%+ expected to increase 2.5x Sienna’s 2026 between 2026 - 2046 Retirement SP NOI Growth Target 2.5x Low Single Digit % Sienna’s 2026 2.5M Long-Term Care SP NOI Growth Target 2.1M 1.7M 1.3M 1.0M Continued Growth 2026 2031 2036 2041 2046 Source: Statistics Canada thro
Slide 14: Contact Information
Contact Information Sienna Senior Living Inc. siennaliving.ca t: (905) 489-0258 e: investors@siennaliving.ca