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Investor Presentaiton

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (in thousands) (unaudited) Appendix Three Months Ended December 31, 2021 December 31, 2020 Revenues Lifestyle services Residential Residential management fees 15,626 20,256 14,883 17,903 9,482 14,822 Total management and operating revenues 39,991 52,981 Reimbursed community-level costs incurred on behalf of managed communities 137,195 226,264 Other reimbursed expenses 3,855 6,645 Total revenues 181,041 285,890 Other operating income Operating expenses 1,936 Lifestyle services expenses 13,908 16,492 Residential wages and benefits 8,514 11,186 Other residential operating expenses 7,893 7,870 Community-level costs incurred on behalf of managed communities 137,195 226,264 General and administrative 18,762 20,784 Restructuring expenses 2,337 Depreciation and amortization 2,961 36 2,913 Total operating expenses 191,570 285,545 Other income (expense) 9 314 Income (loss) before income taxes and equity in losses of an investee (10,520) 2,595 (Provision) benefit for income taxes (40) 308 Equity in losses of an investee (177) Net (loss) income $ (10,737) $ 2,903 14
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