Investor Presentation - Medical Office Sector

COMMUNITY HEALTH SYSTEMS (CHS) EXPOSURE HTA Exposure to CHS ☐ 18 MOBS Deaconess Hospital 2 On-Campus MOBS 186,301 SF 8.4% Op Margin Dupont Hospital 1 On-Campus MOB 44,898 SF 25.2% Op Margin St. Joseph Hospital 1 On-Campus MOB 27,948 SF 3.1% Op Margin 11 CHS Campuses 1.1 Million SF (665,877 SF CHS Direct Leases) All hospitals are profitable 86% are operating above the industry average operating margins of 6% (1) Over 50 % exceed 10% operating margins Limited to 2.9% of HTA ABR Northwest Medical Center 3 On-Campus MOBS 171,641 SF 12.8% Op Margin Mountain View Regional Medical Center 1 On-Campus MOB 107,506 SF 32.0% Op Margin Cedar Park Regional Medical Center 1 On-Campus MOB 83,393 SF 0.5% Op Margin Longview Regional Medical Center 2 On-Campus MOBS 178,537 SF 11.5% Op Margin Navarro Regional Hospital 1 On-Campus MOB 39,975 SF 7.1% Op Margin Lake Norma Regional Medical Center 3 On-Campus MOBS 143,188 SF 22.1% Mary Black Health System 1 On-Campus MOB 108,505 6.0% Bayfront Health 1 On-Campus MOB 26,500 SF 4.3% Op Margin Operating Margin ≥0.5% ≥6% ≥10% (1) Data from latest regulatory filings per AHD Investor Presentation | January 2018 PAGE 33

View entire presentation