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State of Skilled Nursing Facility (SNF) Industry

2022 CliftonLarsonAllen LLP. State of Skilled Nursing Facility (SNF) Industry March 2022. WEALTH ADVISORY | OUTSOURCING | AUDIT, TAX, AND CONSULTING. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor 1. These statements are not guarantees of future performance and Forward Looking Statements undue reliance should not be placed on them. Such forward- Disclaimer looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any Certain information set forth in this presentation contains projections of future performance or result expressed or implied forward-looking information , including future-oriented by such forward-looking statements.

the 2022 outlook utilizing various key driver assumptions. Looking at potential occupancy recovery in 2022, CLA simulations indicate negative median operating margins in all scenarios due to inflation and continued increases in labor and other costs. Assessing SNF Outlook STATE OF SKILLED NURSING FACILITY (SNF) INDUSTRY

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