Slide 1: Extendicare Inc. 2026 Annual Meeting of Shareholders
o/s new picture o/s update image Extendicare Inc. 2026 Annual Meeting of Shareholders April 16, 2026
Slide 2: Forward-looking statements and non-GAAP measures
Forward-looking statements and non-GAAP measures Forward-looking Statements Forward-looking statements can often be identified For further information on the risks, uncertainties by the expressions “anticipate”, “believe”, and assumptions that could cause Extendicare’s This presentation contains for
Slide 3: 2026 Annual Meeting of Shareholders
2026 Annual Meeting of Shareholders Alan Torrie Chair of the Board of Directors 3
Slide 4: 2025 Annual financial statements
2025 Annual financial statements • The Financial Statements and Auditors’ Report for the year ended December 31, 2025, are contained in the Company’s 2025 Annual Report • The Financial Statements have been approved by the Board of Directors and are available on the Company's website 4
Slide 5: Appointment of auditors
Appointment of auditors MOTION “RESOLVED THAT: KPMG LLP be appointed Auditors of the Company, to hold office until the close of the next annual meeting of shareholders at such remuneration as shall be fixed by the Board of Directors.” 5
Slide 6: Director nominees
Director nominees Norma Josh Donald Beauchamp Blair Clow Michael Sandra Brent Guerriere Hanington Houlden Heather-Anne Samir Leslee Irwin Manji Thompson 6
Slide 7: Election of nine directors
Election of nine directors MOTION “RESOLVED THAT: Norma Beauchamp, Josh Blair, Donald Clow, Michael Guerriere, Sandra Hanington, Brent Houlden, Heather-Anne Irwin, Samir Manji, and Leslee Thompson, be elected as Directors of the Company to hold office until the next annual meeting of shareholders or
Slide 8: Say on pay
Say on pay MOTION “RESOLVED THAT: on an advisory basis and not to diminish the role and responsibilities of the Board of Directors, that the Shareholders accept the approach to executive compensation disclosed in the Information Circular delivered in advance of the 2025 annual and special meeting of
Slide 9: 2026 Annual Meeting of Shareholders
2026 Annual Meeting of Shareholders Preliminary voting results Conclusion of formal business and termination of meeting 9
Slide 10: Helping people live better
Helping people live better • Transformation delivering results: Strong momentum into 2026, driven by Extendicare’s services-focused, capital-efficient strategy • Resilient and trusted platform: Solid financial, operational, and governance foundation supporting quality care • Clear long-term opportun
Slide 11: Governance continuity
Governance continuity • Board succession ensuring continuity and stability • Strong foundation for sustained performance and value creation • Diverse expertise across care delivery, technology, and governance • Shared commitment to stakeholders and communities 11
Slide 12: 2026 Annual Meeting of Shareholders
2026 Annual Meeting of Shareholders Dr. Michael Guerriere President and CEO 12
Slide 13: Our mission and vision
Our mission and vision • Guide our strategic and investment decisions, linking purpose to performance • Mission: To provide people with the care they need, wherever they call home • Vision: Everyone in Canada has access to the care and support they need to live their best lives 13
Slide 14: Meeting the needs of a growing demographic
Meeting the needs of a growing demographic Compelling growth in long-term care and home health care Building new LTC homes to address the rising demand for long-term care Canadian population aged 85+ 3x • Seniors aged 85+ increasing at ~4% per year(1) 3.0 • LTC waitlist of more than 50,000(2) in Ont
Slide 15: Driving growth in home health care
Driving growth in home health care • 13 million hours of care delivered in 2025 • Organic growth accounted for >12% volume increase, driven by investments in workforce and technology • Acquisition of Closing the Gap in July 2025 added ~1,200 caregivers and expanded allied health capabilities 15
Slide 16: CBI Home Health acquisition
CBI Home Health acquisition • Acquisition closed April 1, 2026, adding ~8,500 team members and expanding our reach to seven provinces • Increases our capacity to ~24 million hours of care annually; the largest home health care platform in Canada • Innovative care models, including hospital to home a
Slide 17: Building for the future – new and modernized LTC homes
Building for the future – new and modernized LTC homes • Seven LTC homes under construction; 1,728 new beds will replace 1,375 Class C beds • Advancing 17 other redevelopment projects to replace remaining Class C homes • Development model through joint venture with Axium drives growth in management
Slide 18: Technology and innovation enhance care
Technology and innovation enhance care • Appointment of Chief Data, Analytics & Knowledge Officer • Strategic use of AI and data analytics to • Improve efficiency and reduce administrative burden • Enable better care decisions • Support engagement and feedback 18
Slide 19: SGP supports communities nationwide
SGP supports communities nationwide Serving ~154,000 3rd party & JV beds Key contract categories ADMIN CLINICAL FOOD HOUSEKEEPING SERVICES & LAUNDRY 191 179 30,687 19,541 2,140 34,490 RECREATION MAINTENANCE CAPITAL, INNOVATION 4,584 & THERAPY FURNITURE, TECHNOLOGY FIXTURES & 57,798 3,606 EQUIPMENT 2
Slide 20: Disciplined capital allocation driving shareholder value
Disciplined capital allocation driving shareholder value • Enhanced financial flexibility through refinancing debt, raising equity, stronger cash flow from operations and recycled capital from old homes • Completed $450 million inaugural investment grade unsecured bond offering • Completed $200 mill
Slide 21: Our people – care rooted in dignity and kindness
Our people – care rooted in dignity and kindness • More than 36,000 dedicated team members delivering high-quality, compassionate care • Investing in training and clinical excellence improves retention and supports growing demand • Exceptional team members whose everyday actions make a meaningful di
Slide 22: Expanding access to care
Expanding access to care 22
Slide 23: Thank you to our shareholders and partners
Thank you to our shareholders and partners • Our shareholders and strategic partners provide indispensable engagement and ongoing support • Together, we remain committed to our mission of Helping People Live Better 23
Slide 24: Questions
2026 Annual Meeting of Shareholders Questions Shareholders and duly appointed proxyholders may ask questions 24
Slide 25: Helping people live better
Helping people Extend ParaMed Extend muRewasiNe ASSIST