Investor Presentaiton
THE NEXT STEP IN ONGOING STRATEGIC PLAN
Q2 2019
Q1 2021
Alerislife
Announced plan to change 184
communities from triple net lease structure
to managed-only structure.
Reduced 2019 rent by approximately
34%.
Significantly reduced senior living
operating risk by converting to
management contracts.
Increased cash balance by
approximately $125M via agreement.
No longer expressed doubt to continue
as a going concern.
Announced new strategic plan to focus
operations on larger, lower acuity
senior living communities.
Formal exit of the skilled nursing
business.
Renewed focus on operational
strengths within senior living.
Repositioning the company to grow
and diversify revenue streams
through lifestyle services.
On January 26, changed the company
name to AlerisLife.
Continue delivery of an exceptional
resident experience to senior living and
active adult residents, while also offering
lifestyle services to the younger "choice-
based" consumer, building an earlier
trusted partnership.
Continue lifestyle services growth through
new ventures and existing businesses,
such as Ageility rehabilitation.
Announce strategic relationships to
further enrich the customer experience
and position Aleris Life as a provider of a
wide range of services that its current and
future customers desire.
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