CoreCivic Investor Presentation Q4 2020 slide image

CoreCivic Investor Presentation Q4 2020

Potential Growth Channels & Opportunities Multiple opportunities in the market to drive future growth, many of which can be realized due to our recent decision to convert to a taxable C-Corp, allowing CoreCivic to fund future growth initiatives with internally generated cash flows 1 Properties Segment Design, construct, build, finance criminal justice properties for lease to government entities - Easy, low-cost alternative for federal, state and - municipal governments to modernize outdated infrastructure Favorable financing readily available for a wide range of development opportunities Current market opportunity with the state of Alabama, which . could result in $500+ million investment 3 ● CoreCivic 2 ● • Correctional Services Meet increasing partner needs for healthcare services critical to the well-being of residents and inmates, including chronic care management and mental health and substance abuse services Expand electronic monitoring services that partners view as an incarceration alternative for low risk populations and as a tool to reduce overcrowding Currently have 6,826 beds available in idle Safety facilities to respond to emerging partner needs Recycling of Capital Sale of non-core properties to provide capital for increased investment in higher-returning opportunities. Opportunity to capitalize on significant valuation arbitrage and produce cash for alternative uses - Estimate up to $150 million in net proceeds after debt reduction from current GSA-leased portfolio CoreCivic estimates $15 - $20 billon infrastructure pipeline throughout the US prison system 16
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