BUSINESS MODEL DESIGNED FOR INFLATION
FORWARD-LOOKING STATEMENTS
This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can generally be identified by the use of forward-
looking words such as “may”, “will”, “would”, “could”, “expect”, “intend”, “plan”, “estimate”, "target", "anticipate", "believe", "objectives",
"outlook", "guidance" or other similar words, and include statements regarding our strategies, objectives, future expansion and development
activities, and expected financial performance. Forward-looking statements involve known and unknown risks and uncertainties that may
cause our actual results or future events to differ materially from those expressed in or underlying such forward-looking statements, including,
but not limited to: (i) the economic, political and social impact of, and uncertainty relating to, potential impact from health crises (like COVID-
19); (ii) the ability of our tenants, operators and borrowers to satisfy their obligations under their respective contractual arrangements with us,
especially as a result of the adverse economic impact of the COVID-19 pandemic, and government regulation of hospitals and healthcare
providers in connection with same (as further detailed in our Current Report on Form 8-K filed with the SEC on April 8, 2020); (iii) our
expectations regarding annual guidance for net income and NFFO per share; (iv) our success in implementing our business strategy and our
ability to identify, underwrite, finance, consummate and integrate acquisitions and investments; (v) the nature and extent of our current and
future competition; (vi) macroeconomic conditions, such as a disruption of or lack of access to the capital markets or movements in currency
exchange rates; (vii) our ability to obtain debt financing on attractive terms or at all, which may adversely impact our ability to pursue
acquisition and development opportunities and pay down, refinance, restructure or extend our indebtedness as it becomes due; (viii) increases
in our borrowing costs as a result of changes in interest rates and other factors; (ix) international, national and local economic, real estate and
other market conditions, which may negatively impact, among other things, the financial condition of our tenants, lenders and institutions that
hold our cash balances, and may expose us to increased risks of default by these parties; (x) factors affecting the real estate industry generally
or the healthcare real estate industry in particular; (xi) our ability to maintain our status as a REIT for federal and state income tax purposes; (xii)
federal and state healthcare and other regulatory requirements, as well as those in the foreign jurisdictions where we own properties; (xiii) the
value of our real estate assets, which may limit our ability to dispose of assets at attractive prices or obtain or maintain equity or debt financing
secured by our properties or on an unsecured basis; (xiv) the ability of our tenants and operators to operate profitably and generate positive
cash flow, comply with applicable laws, rules and regulations in the operation of our properties, to deliver high-quality services, to attract and
retain qualified personnel and to attract patients; (xv) potential environmental contingencies and other liabilities; (xvi) the risk that the
expected sale of three Connecticut hospitals currently leased to Prospect does not occur; (xvii) the risk that MPT's expected sale of its remaining
Australian portfolio does not occur; (xviii) the risk that other property sales, loan repayments, and other capital recycling transactions do not
occur; and (xix) the risks and uncertainties of litigation.
The risks described above are not exhaustive and additional factors could adversely affect our business and financial performance, including
the risk factors discussed under the section captioned "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31,
2022 and as updated in our quarterly reports on Form 10-Q. Forward-looking statements are inherently uncertain and actual performance or
outcomes may vary materially from any forward-looking statements and the assumptions on which those statements are based. Readers are
cautioned to not place undue reliance on forward-looking statements as predictions of future events. We disclaim any responsibility to update
such forward-looking statements, which speak only as of the date on which they were made.View entire presentation