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Investor Presentaiton

Reconciliation of GAAP to Non-GAAP Financial Measures Three Months Ended December 31, Year Ended December 31, $ in thousands 2023 2022 2023 2022 Net income $21,823 $60,519 $209,850 $224,652 Less: net income (loss) attributable to noncontrolling interests 132 48 451 (29) Add: Other (income) expense, net Provision for income taxes Depreciation and amortization EBITDA Adjustments to EBITDA: (8,456) (2,255) (17,395) 7,736 9,459 16,932 62,912 64,437 19,233 16,880 72,387 62,355 $41,927 $92,028 $327,303 $359,209 Stock-based compensation expense 8,076 6,039 30,767 22,720 (30) Litigation 58,816 68 60,781 4,280 Acquisition related costs Gain on business interruptions recoveries and sale of assets (31) (123) (913) (1,132) (4,380) 92 253 814 669 Costs incurred related to new systems implementation 88 682 Adjusted EBITDA $108,876 $98,157 963 $419,496 1,072 $383,570 Rent-cost of services 50,604 41,152 Adjusted EBITDAR Ensign Group | Investor Presentation $159,480 197,358 $616,854 153,049 41 Refer to pages 53-54 for end notes.
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