2022 Financial Guidance slide image

2022 Financial Guidance

Free Cash Flow Generation AKUMIN The company expects to generate free cash flows of ~$55mm as per the following assumptions: Mid range of the 2022 . guidance • Full deployment of 2022 Growth CAPEX of $59M and Maintenance Capex of $26mm After integration synergies and run-rate of planned 2022 growth investments Stonepeak interest payment are PIK's during 2022 $3.7M LTM Sept 2021 represents only one month of Alliance, vs 2022 Midpoint which includes a full twelve months period for the combined entities. Adjusted EBITDA (1) $ 2022 2022 LTM Sep 30 2021 Midpoint Runrate 42.1 $ 160.6 $ 186.8 Less: Cash interest payments (20.0) (67.5) (67.5) Capital lease payments (6.1) (32.4) (32.4) Cash Capex (7.5) (10.0) (10.0) Cash M Distributions (4.8) (22.0) (22.0) (2) Free Cash Flow $ 3.7 $ 28.8 $ 28.8 $ 55.0 (1) Run rate Adjusted EBITDA includes 2022 mid point guidance, run-rate adjustments for 2022 business development investments plus targeted integration synergies. See Appendix 1 for reconciliation to net income. (2) Free Cash Flow is not a standardized financial measure under GAAP and might not be comparable to similar financial measures disclosed by other issuers. See the appendices to this presentation for a definition of such term and for comparable historical information. (2) 25
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