CoreCivic Investor Presentation Q4 2020

Calculation of EBITDA and Adjusted EBITDA Three Months Ended December 31, ($ in thousands, except per share amounts) Net income (loss) Interest expense Depreciation and amortization Income tax expense EBITDA Expenses associated with debt repayments and refinancing transactions. Expenses associated with mergers and acquisitions Expenses associated with COVID-19 Expenses associated with changes in corporate tax structure Contingent consideration for acquisitions of businesses Start-up expenses Loss on sale of real estate assets Asset impairments Adjusted EBITDA EBITDA from unrestricted subsidiaries Restricted Adjusted EBITDA Note: Reconciliations for prior periods, which are not reconciled to this presentation, can be found on the Company's website 2020 Full Year Ended December 31, 2019 2019 2020 ($26,803) $41,974 $55,338 $188,886 22,216 22,033 93,453 86,661 36,425 36,804 150,861 144,572 1,203 1,897 $33,041 $102,708 4,386 $304,038 7,839 $427,958 7,141 602 7,141 602 175 338 1,132 2,792 13,777 195 5,240 620 9,480 17,943 I 13,023 47,570 60,628 4,706 $108,682 $103,485 $404,805 $443,878 (7,775) $100,907 (3,687) $99,798 (31,647) $373,158 (14,407) $429,471 30

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