Market Updates & Recent Developments

Our Value Proposition to Our Government Partners Remains Strong... CoreCivic provides tailored solutions to meet the needs of state and federal partners State Partners ● Key State Partner Challenges: Federal Partners • Key Federal Partner Challenges: • . ➤ Prison over-crowding, exacerbated by COVID-19 pandemic ➤ Aging and insufficient infrastructure ➤ Budgetary constraints. State legislatures not prioritizing corrections over other public services Rising crime rates CoreCivic estimates $15 - $20 billon infrastructure pipeline throughout US prison system Kansas: . Constructed a built-to-suit facility for Kansas DOC to replace 150+ year old Lansing Correctional Facility (completed in January 2020) Inmates in the original state-run prisons were suffering from poor conditions, with small cells and no air conditioning Wisconsin, Vermont, Idaho, Wyoming, Kentucky, Nebraska, Hawaii: Exploring private sector solutions to address criminal justice infrastructure needs Arizona: Closed outdated and obsolete public sector facility and transfered populations to a CoreCivic facility in 2022 pursuant to a new contract award Georgia: Considering the closure of numerous outdated and obsolete public sector facilities ➤ On August 9, 2022, purchased our 1,978-bed McRae Correctional Facility • ➤ Limited owned infrastructure ➤ Constantly shifting geographic and population needs ➤ Appropriate setting for detainees ➤Border surge Mission Critical Infrastructure for ICE and USMS ➤ ICE: ~95% of detainee capacity is outsourced USMS: ~80% of detainee capacity is outsourced ➤ The Company estimates construction of equivalent new government capacity would require Congressional approval and budget of $25+ billion. Flexible Capacity to respond quickly to ever-changing real estate needs Location needs change based on law enforcement priorities and varying trends in different jurisdictions Appropriate Setting for civil detainees Lack of ICE and USMS infrastructure means most alternatives to private facilities are local jails • Local jails often co-mingle ICE or USMS populations with their inmate populations • Making many local facilitates unable to meet Performance-Based National Detention Standards (PBNDS) for ICE and federal detentions standards for USMS 13

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