CREATING VALUE
FORWARD LOOKING STATEMENTS
This presentation contains forward-looking statements within the meaning of the federal securities laws, including, without limitation, statements regarding:
Aimco's business strategy, pipeline, and targeted opportunities. Forward-looking statements include all statements that are not historical statements of fact and
those regarding our intent, belief, or expectations. We caution investors not to place undue reliance on any such forward-looking statements.
Words such as "anticipate(s)," "expect(s)," "intend(s)," "plan(s)," "believe(s)," "may," "will," "would," "could," "should," "seek(s)" and similar expressions, or the negative
of these terms, are intended to identify such forward-looking statements. These statements are based on management's current expectations and beliefs and are
subject to a number of risks and uncertainties that could lead to actual results differing materially from those projected, forecasted or expected. Risks and
uncertainties that could cause actual results to differ materially from our expectations include, but are not limited to: the effects of the coronavirus pandemic on
Aimco's business and on the global and U.S. economies generally, and the ongoing, dynamic and uncertain nature and duration of the pandemic, all of which
heightens the impact of the other risks and factors described herein, and the impact on entities in which Aimco holds a partial interest, including its indirect
interest in the partnership that owns Parkmerced Apartments, and the impact of coronavirus related governmental lockdowns on Aimco's residents, commercial
tenants, and operations; real estate and operating risks, including fluctuations in real estate values and the general economic climate in the markets in which we
operate and competition for residents in such markets; national and local economic conditions, including the pace of job growth and the level of unemployment;
the amount, location and quality of competitive new housing supply; the timing and effects of acquisitions, dispositions, developments and redevelopments;
expectations regarding sales of apartment communities and the use of proceeds thereof; insurance risks, including the cost of insurance, and natural disasters
and severe weather such as hurricanes; financing risks, including the availability and cost of financing; the risk that cash flows from operations may be insufficient
to meet required payments of principal and interest; the risk that earnings may not be sufficient to maintain compliance with debt covenants, including financial
coverage ratios; legal and regulatory risks, including costs associated with prosecuting or defending claims and any adverse outcomes; the terms of laws and
governmental regulations that affect us and interpretations of those laws and regulations; possible environmental liabilities, including costs, fines or penalties that
may be incurred due to necessary remediation of contamination of real estate presently or previously owned by Aimco; the relationship between Aimco and
Separate Entities after the Separation; the ability and willingness of the Separate Entities and their subsidiaries to meet and/or perform their obligations under the
contractual arrangements that were entered into among the parties in connection with the Separation and any of their obligations to indemnify, defend and hold
the other party harmless from and against various claims, litigation and liabilities; and the ability to achieve some or all the benefits that we expect to achieve
from the Separation; and such other risks and uncertainties described from time to time in filings by Aimco or the Separate Entities with the Securities and
Exchange Commission ("SEC"). Although we believe that the assumptions underlying the forward-looking statements are reasonable, we can give no assurance
that our expectations will be attained.
Readers should carefully review Aimco's financial statements and the notes thereto, as well as the section entitled "Risk Factors" in Item 1A of Aimco's Annual
Report on Form 10-K for the year ended December 31, 2021, and subsequent Quarterly Reports on Form 10-Q and other documents Aimco files from time to time
with the SEC. These filings identify and address important risks and uncertainties that could cause actual events and results to differ materially from those
contained in the forward-looking statements.
These forward-looking statements reflect management's judgment as of this date, and Aimco assumes no (and disclaims any) obligation to revise or update them
to reflect future events or circumstances.
Certain financial and operating measures found herein are used by management and are not defined under accounting principles generally accepted in the United
States, or GAAP. These measures are reconciled to the most comparable GAAP measures at the end of this presentation. Definitions can be found in Aimco's
Earnings Release and Supplemental Schedules for the quarter ended March 31, 2022.
Aimco
CREATING
VALUE
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