Market Updates & Recent Developments

Calculation of EBITDA and Adjusted EBITDA Twelve Months Ended December 31, ($ in thousands) Net income Interest expense Depreciation and amortization Income tax expense EBITDA Expenses associated with debt repayments and refinancing transactions Gain on sale of real estate assets, net Shareholder litigation expense Asset impairments Adjusted EBITDA EBITDA from unrestricted subsidiaries Restricted Adjusted EBITDA Three Months Ended March 31, 2023 2022 2022 $ 12,400 $ 19,003 $ 122,320 22,089 25,392 95,851 31,042 32,028 127,906 8,146 6,610 42,982 $ 73,677 $ 83,033 $ 389,059 (2,261) $ 73,677 $ 80,772 (2,480) 71,197 $ (2,558) 78,214 Note: Reconciliations for prior periods, which are not reconciled to this presentation, can be found on the Company's website SA $ 8,077 (87,728) 1,900 4,392 315,700 (9,993) $ 305,707 35

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