Investor Presentaiton

Senior Housing - Strongly Positioned Portfolio With Advantaged Assets and Operators in Attractive Markets J Advantaged Assets in High Barrier Markets¹ near premium ~90% retail or high 2.4x 1.5x -60% traffic locations² higher home value vs. U.S. average³ higher household income vs. U.S. average³ of SHOP Competitively Advantaged SHOP Assets 333 Atria West 86 New York, NY ☐ LGM La Cité des Tours Saint-Jean-sur-Richelieu, Quebec ☐ A VENTASⓇ Leading Stable of Senior Housing Operators Ventas has a diverse stable of 38 distinct senior housing operator/tenant relationships - Diversity of geography, product type, price point - Consistent communities per operator ratio with Welltower ☐ Anchored by best-in-class partners Atria Senior Living, Le Groupe Maurice and Sunrise Senior Living ■ Ann. Adj. NO 14 ~40% of SHOP by assets Holiday Birch Heights Derry, NH Capital Investment Strategy Underpinning Portfolio Quality Data-Driven Allocation Framework Granular submarket analytics inform investment decision making High-Impact Prioritization Customer-facing upgrades enhance overall community appeal, among resident & staff Sunrise at La Costa Carlsbad, CA Coordinated Project Execution Delivery supported by on-site visits, bespoke diligence and closer operator alignment Supported by regional operators with local market expertise and focus The Company has recently added new senior housing operators through acquisition and transition, including: - - - Through acquisition, added Hawthorn Senior Living, Watermark Retirement Communities, Grace Management and Merrill Gardens Senior Living Transitioned assets to Sinceri, Sodalis, Discovery Expanded relationships with Senior Lifestyle, Priority Life, and Sonida "Right Asset, Right Market, Right Operator TM" the foundation stone of portfolio and operator composition TM' Supported by Ventas Operational Insights ("Ventas OI™”): the data and operational analytics active asset management platform formally launched in 2022 T Note: (1) (2) (3) Reflects 4Q21 supplemental reporting owned asset scope. High barrier markets primarily reflect top coastal markets and Canada. Reflects U.S. scope only. Reflects median value for U.S. scope only. (4) Based on 4Q21 annualized adjusted NOI per supplemental reporting. 18

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