Market Updates & Recent Developments slide image

Market Updates & Recent Developments

Current Financial Performance For the quarter ended March 31, 2023 December 31, September 30, June 30, March 31, 2022 2022 2022 2022 Net Income $12.4MM $24.4MM $68.3MM $10.6MM $19.0MM Diluted EPS $0.11 $0.21 $0.58 $0.09 $0.16 Adjusted Diluted EPS (1) $0.13 $0.22 $0.08 $0.13 $0.14 Normalized FFO Per Share(1) $0.34 $0.42 $0.29 $0.34 $0.34 AFFO Per Share (1) $0.37 $0.38 $0.25 $0.33 $0.37 Adjusted EBITDA (1) $73.7MM $87.7MM $68.4MM $78.8MM $80.8MM Debt Leverage(2) 3.2x 2.8x 3.7x 3.5x 3.2x 1. 2. See the Appendix for a reconciliation of the most comparable GAAP amounts. Debt leverage is annualized for the corresponding quarterly financial results. 5
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