Slide 1: Clearday is the purpose-built longevity-tech platform
clearday + Wviveon Clearday is the purpose-built Longevity-tech platform for the 170 million Americans turning 50 by 20301.
Slide 2: clearday + Wviveon
clearday + Wviveon ‘The information povided inthis presentation I provided for information purposes only to assist you In evaluating the proposed merger (the "Merger by and among Viveen Heath Acqustton Corp. (Vigor) andl Cea. ne. Cleatdy”oF the “Company. No secures {ar offered by this presentation.
Slide 3: Additional Information and Where to Find It
clearday + Wviveon -Attional Infomation ana Where to Fina Inconnecton wth the proposed Merger, Vivon and Clescay expect tle vith the SEC a ‘ajsaion statement on Foun containing aot peeiminay prowySatement anda beliminary prospects of Vveon, and afer the reqistaton statement i daclredetectve, Yveon a
Slide 4: Clearday is on a deliberate path to become a Health-tech leader
Clearday is on a deliberate path to become a Health-tech leader : i Clearday is moving from facility-driven Real Estate Business = to a Health Technology Company in order to capture the ff massive unmet need caused by today’s disconnected “@. longevity-tech market. Great form! Let’s do 5 more arm ci
Slide 5: Investor Summary
clearday + Wviveon INVESTOR SUMMARY Clearday is a purpose-built longevity-tech platform that addresses the most pressing operational and care gaps: Quality of Care and Operator Revenue Growth Aepiea|> a 4. AProven Team 2. The Care Crisis 3. Our Care Solution 4. Our Go-To-Market 5. Business Flywheel
Slide 6: A Proven Team
clearday + Wviveon Found No Commercialized Faced the Care Crisis Head On. Existing Solution the Platform How would The leadership team is transitioning the business from owning and operating high-performing senior-care facilities into a high-growth technology business built from 20 years of wisdom P
Slide 7: World class leadership in healthcare operations, technology, and market development
World class leadership in healthcare operations, technology, and market development. Principals Jim Walesa CChaieman and CEO Mt Walesa brings 20+ years experience in financial services with emphasis on real estat, ‘energy, and the care and wellness industries. {Asa financial advisor he managed over
Slide 8: The leadership team used years of senior care experience
The leadership team used 20 years of senior care experience, owning and operating high-performing facilities in commercializing Clearday’s Longevity-tech Platform. clearday clearday 2014 2015 2016 2017 2018 2019 1 @ company focu ‘on Cognitive ‘Operating control of MCA acquired, and transformation of
Slide 9: Clearday leaders have deep experience in longevity care
Clearday leaders have deep experience in longevity care In the face of the care crisis... Through operating five facilities, Clearday’s management experienced the operational challenges facing facilities owners: 1. Out of control care costs 2. Care quality deficiencies 3. No differentiation We found
Slide 10: The Care Crisis
clearday + Wviveon Rapidly Aging 100% of Baby Boomers Population will be over 65 by 2030° 1) Nc set Sr a0 ho hee on peo od OOO peo ne Ene Rene eae Caregiver 43:4 For every 43 positions, it can be Shortage as severe as only 1 available caregiver? 2S eit eno Yh aonnnacnepnonsaensdaqqor09nd Se aEE SeEE
Slide 11: Rapidly Aging Population
Rapidly Aging Population 1B+ 170M+ 10,000 Over 1B people, In America, over 170M People turn 65 globally, will reach age people will reach age every day”, 50 by 2030". 50 by 2030! ‘As 170M Americans reach age 50 in the 2030s, the relationship between those needing care and the 133M people capable of
Slide 12: The care crisis is fueled by the massive 50% year-over-year turnover in healthcare workers
The care crisis is fueled by the massive 50% year-over-year turnover in healthcare workers. Caregivers are Leaving Unprecedented Talent Shortage Hiring Unskilled/Underskilled Staff Care Quality & Staff Ratio Suffers. ining for @ Total Employees @ Employment Cost Index US Operators of skilled nursing
Slide 13: Monthly, care facilities treat 3.5M Americans at an estimated cost of $12B
Monthly, care facilities treat 3.5M Americans at an estimated cost of $12B... every month”. & re 1A 31K+ 5K+ 16K+ Residential Communities Adult Day Cares. ‘Skilled Nursing Facilities Operators face significant Financial Risk & Inflationary Pressures... Growth Challenged ‘oupled with Leading to High
Slide 14: Being in the operators' shoes
Being in the operators’ shoes Operators are left with approaches that offer neither short-term benefit nor long-term gains. « ‘The OpEx Option: Up-staffing equivalent to add the interactivity entertainment, and high-quality monitoring would require nearly the The Capex Option: Real estate upgrades t
Slide 15: Industry-wide crisis compounded by an aging America
Industry-wide crisis compounded by an aging America Historic ly Low Care Quality Rapidly Aging Population As 170M people reach age 50 in the 2030's - with only 133M people capable of delivering care to the aging! 100% Of Baby Boomers will be cover 65 by 2030° Industry-Wide Staffing Challenges + Care
Slide 16: A siloed digital solution ecosystem
In spite of exploding technology investments in Digital Health and Agetech, operators have A Siloed Digital no ofthe shel droprin soltions that solve fr care quality, eeiency, or revenue growth The historical approach has created a disconnected landscape of over thirteen thousand Solution Ecosystem
Slide 17: Pain Point Summary: Care Crisis Solution
clearday + Wviveon Pain Point Summary Care Crisis Solution Rapidly Aging Edu-Tainment Population and Interactivity Caregiver Autonomous Shortage Companionship + Pressing - Facility Growth Better Care Limitations Intelligence S [Eger 20:00 cpsc00 sp 200050000 00000G00000000B000000000 Disjointed Techn
Slide 18: Clearday's Platform-as-a-Service (PaaS)
Clearday's Platform-as-a-Service (PaaS) approach provides operators an optimal path to more revenue, increased care quality, and lower overall costs: 1. Integrated: Hardware and software subscription for Companion Robotics, Digital Assessments, and Interactive Content. Easy to buy: Delivered in a tu
Slide 19: Clearday's Platform Transforms Facility Operations
Clearday’s Platform Transforms Facility Operations Better Care Intelligence BEST Tests, Care Plans and Pathways for everyone. 13 critical longevity measurements establish a baseline capacity map for all residents, further personalizing their experience. ° a ce Your Recommended Pathways + Autonomous
Slide 20: Better Data In, Drives Personalized Care For All
Better Data In, Drives Personalized Care For All Better Care Intelligence ° - e = ° BEST Tests, Care Plans and Pathways for a 7 Nay Clearday’s Recommendation everyone. ae = ss ese gy gyi tn ° ° Establishing a baseline capacity map for all residents and personalizing their content through our BEST te
Slide 21: Robots That Care, Powered By AI
Robots That Care, Powered By Al Content interaction and the Favorites feature help us personalize patient content Wey Autonomous Monitoring Al-Enabled Companion Robotics Autonomously Providing Care. Residents get more engagement ies : coos Companion robotics deployed in fac monitor high-risk populat
Slide 22: Clearday Meets You Where You Are, Anywhere
Clearday Meets You Where You Are, Anywhere Edu-Tainment and Interactivity Clearday’s proprietary interactive content available on any screen. Clearday broadcasts both patient engagement content as well as caregiver training and educational content through any screen — TV, Mobile Tablet, or Robot. 10
Slide 23: Clearday's Future Care Solutions
Clearday’s Future Care Solutions New Revenue Opportuni Clearday continues to drive value for operators by layering on services they can provide to their customer base. s Operators work hard to capture customers and Clearday helps them extend the lifetime value of each one with add-on services that r
Slide 24: How We Go To Market
clearday + Wviveon How We Go To Market $278B TAM 54K Facilities in the US Veterans 6.5M in 22 Target States” GTM Advantage 20:1 LIv:cac Clearday is accelerating adoption in Skilled Nursing, Daily Care, and Residential Facilities through TRECS, care legislation, and VA contracts that enable significa
Slide 25: Clearday concentrates on high-growth, high-need markets
Clearday concentrates on high-growth, high-need markets: Global Adult Care Services will total $1.75T by 2026 with a 8.5% CAGR?®. Hospice 116M People a Year enter Hospice, $24k avg stay $298 Adult Day Care Nearly 300k people utilize part+ 12 care facities®, annually $25k°2 24/7 Assisted Living Facil
Slide 26: TRECS Accelerates our Adoption
TRECS Accelerates our Adoption Clearday’s “Companion Robotics” chosen as “Revolutionary Elder Care Solution” by TRECS Institute. “John Whitman, a prominent elder re professional, and TRECS Institute, a not for profit organization devoted to using innovative care solutions to improve the quality of c
Slide 27: Clearday has value-added solutions to enhance platform stickiness
Clearday has Value-Added solutions to enhance platform stickiness. Clearday's platform enables high attachment rates for new solutions. These add-ons extend our footprint from facility to home. In high-frequency venues like SNFs and Daily Care we can effectively acquire customers and follow them bac
Slide 28: Practical impact of TRECS Civil Money Penalty Fund grant program on CAC and LTV
Practical impact of TRECS Civil Money Penalty Fund Grant program on CAC and LTV $1 49B $1.49B The Civil Money Penalty Fund total in d 2022", with $200M added by senior care (MPF TOTAL facility deficiencies in 2021 The single state grant average each year to BOOK eeivercareinovaton 8008 clear an REED
Slide 29: Clearday offers a far better ROI than traditional modernization alternatives
Clearday offers a far better ROI than os traditional modernization alternatives Compared to Remodeling Clearday Platform Low Friction / Low Cost High CapEx Approach High OpEx Approach | High Time Cost Integrated and only one + Significant facility disruption + Significant lead time for + Requires ma
Slide 30: Business Flywheel
clearday + Wviveon Business Flywheel Brand Building Cost Takeout Drive Retention Drive Revenue The Platform’s capacity to monitor, meet, and manage a patient’s care pathway in facilities — and beyond— unlocks increased revenue, efficiency, data advantages, and inorganic growth opportunities around t
Slide 31: Clearday's Business Engine for Growth
Clearday’s Business Engine for Growth We have curated the optimal combination of necessary solutions to unlock the longevity-tech flywheel. Together these solutions deliver optimal and proactive care interventions to patients based on their need, capacity to receive treatment, wherever they are most
Slide 32: Flywheel: Care efficiency and quality
CARE EFFICIENCY AND QUALITY In combination, our BEST tast and Care Pathvvays allow ‘overyone to be scored and measured against a single baseline — F lyw al ee | aligning future content and recommendations. Structural aa oneuabes Ascorsmente Whether i's a TV, a mobile Advantages [xen defer acompiin e
Slide 33: Our Mission and Future Vision
Gtemeiy # Amen “We can’t have one caregiver for every resident no matter what... but just like Bill Gates said he wants to see a PC on every desk... we see a robot in every room, because it’s not about replacing people, but about allowing our human carers to do better work.” — Jim Walesa | W1=8 (@)
Slide 34: Our mission
@ cur mission Create the most valuable longevity tech company addressing the care crisis. Clearday’s platform is purpose built to address the significant challenges facing aging populations: industry-wide staffing challenges, historically low care quality, and non-stop rise in the cost of care. Clea
Slide 35: Clearday is closing the gaps in the continuum for aging Americans
Clearday is closing the gaps in the continuum for aging Americans The averag nursing facilities after heart failure 3 Million (Older adults treated in em parr sch year for fall injuries®* Today Event-Based ER visits often are the catalyst for being forced to leave home Living at Home: Emergency Room
Slide 36: Care Intelligence Engine
care Intelligence Engine Clearday’s flywheel helps us build the most proactive care plans — and a structural data advantage for the business's future. tictney Driver new technologies and solutions to ra) Clearday's platform design enables accelerate value at every endpoint. Clearday’s DATA HUB conti
Slide 37: Clearday 2027 Goals
clearday + Wviveon Clearday 2027 Goals 377 Clearday Powered Facilities by 2027 5000 ‘Companion Endpoints in Service by 2027 $146m Total Revenue by 2027 Our Value & Only Clearday’s platform integrates the necessary Autonomous 'D) i ff e r e n ti a t i oO n Companionship, Care Intelligence, and Patien
Slide 38: Operating Income Expectations
Operating Income Expectations Clearday has a line of sight to superior operating efficiency alongside strong margin expansion. Between 2023 and 2027, we intend to focus on increasing revenue growth while at the same time expanding our operating margins — increase y, by decreasing costs and increasin
Slide 39: Est. Revenue Contribution by Service Line
Est. Revenue Contribution by Service Line Sonne CAGR Opportunity by 2027 Clearday can become a lifetime brand partner for people as they age. We intend to modernize the estimated $2788 America longevity-tech market opportunity by modernizing the daily re, skilled nursing, and long-term care faciliti
Slide 40: Investment Narrative
Investment Narrative Clearday’s platform is purpose built to address the significant challenges our healthcare system is currently facing: industry-wide staffing challenges, historically low care quality, and non-stop rise in the cost of care. Clearday is the only current platform that integrates th
Slide 41: Clearday sits at the confluence of significant and exciting trends
Clearday sits at the confluence of significant & exciting trends Autonomous Monitoring 19.4% CAGR 2020-2025 70.6M users by 2025°4 Users of remote patient monitoring solutions Care Intelligence 54.5% CAGR 2011-2021 $10B in 2021°° Funding to Al solutions for the healthcare market Autonomous Companion
Slide 42: Transaction Overview
clearday + Wviveon Transaction Overview Implied post-money enterprise value $370,000,000' $50M (5M shares) awarded to company in earnout based on achieving an Adjusted Net Income performance milestone No minimum cash to close condition Net proceeds used to accelerate Enterprise Sales Expansion and R
Slide 43: A Clear(day) Valuation Framework
A Clear(day) Valuation Framework 1, Clearday offers a superior alternative for operators over legacy revenue and retention solutions. 2. Our purpose-built solution for longevity care with BEST Assessments and Al-driven Care Pathways, our Care Intelligence Engine keeps people engaged and on a plan to
Slide 44: Clearday is a Health-tech leader with compelling fundamentals and expansion potential
° - Clearday is a Health-tech leader with compelling vee fundamentals and expansion potential. —— I Clearday’s flywheel is the API for Aging in Place from facilities to the home, enabling us to develop the richest non-clinical data repository centered on = bt aging adults. = Ve’ $278B TAM Across 54,
Slide 45: Welcome to a new generation of longevity care
Welcome to a new generation of longevity care. Contact: clearday + Wviveon Robert Brown ~ Partner, ClearThink Capital rbrown@clearthink.capital
Slide 46: Citations
Citations Slide + slide 13 . 19- Senior Housing Business 20- Image Atbution slides 2 Insider inetigence slide 14 3- Mealfcave News 21 Rock Heath 4- The washington Post 5 fame slide 15 22- CB lsiohts 73-Venture Beat 24. chook Quen: Indust Verticals: ‘Healthcare Devices and Supplies” AND. “Robots and