Annual General Meeting May 15, 2019 11:00 AM EST 333 Bay Street, - - PowerPoint PPT Presentation

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Annual General Meeting May 15, 2019 11:00 AM EST 333 Bay Street, - - PowerPoint PPT Presentation

Nov 16, 2022 265 likes •409 views

Annual General Meeting May 15, 2019 11:00 AM EST 333 Bay Street, Suite 2400 Toronto, ON Agenda Chairmans Opening Remarks Appointment of Secretary and Scrutineer o Constitution of Meeting o Financial Statements and Auditors

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Annual General Meeting

May 15, 2019 11:00 AM EST 333 Bay Street, Suite 2400 Toronto, ON

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Annual General Meeting

Agenda

  • Chairman’s Opening Remarks
  • Appointment of Secretary and Scrutineer
  • Constitution of Meeting
  • Financial Statements and Auditors’ Report
  • Election of Directors
  • Appointment of Auditors
  • Management Presentation
  • Termination of the Meeting
  • Management Question Period

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SLIDE 3

Annual General Meeting

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Chairman’s Remarks

  • Appointment of Security

and Scrutineer

  • Constitution of Meeting
  • Financial Statements

and Auditor’s Report Scott White, Chairman & CEO

Annual General Meeting

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Annual General Meeting

Election of Directors

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Scott White Chairman & CEO Brad Benbow Director Shaun Hawkins Director Chuck Herman Lead Independent Director Randy Maultsby Director Adlai Chester Director & CIO

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Annual General Meeting

Appointment of Auditors

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Annual General Meeting

Invesque at a Glance

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Macro Opportunity Massive wave of aging baby boomers will utilize greater health care service and spend more dollars on health care. We are just beginning and the real growth is ahead. Mission We are committed to owning best-in-class properties, providing our partners with an environment to succeed and our shareholders with long-term value, growth, stability and ultimately and investment

  • pportunity that matters.

Strategy Build a highly diversified portfolio of income generating health care real estate. Diversify by type of asset, geography, payor source and operator. Operating partners are the key to our success. Investment Thesis Health care real estate generates long- term, out-paced risk adjusted returns. While any particular asset class may come in and out of favor in any cycle, long-term, patient investors, will be rewarded.

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Annual General Meeting

Invesque Portfolio Snapshot

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102

Properties

8,500+

Beds/Suites

577,000

MOB ft2

~2.2%

  • avg. annual

rental escalators(1)

~12.5 years

Weighted average lease maturity Triple-net lease and joint venture structure provides

stable cash flow ~10 years

Approximate effective age of portfolio Geographically diversified across

20 states & 2 Canadian Provinces

(1) Triple net lease portfolio

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Partnerships with high-quality operators

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Annual General Meeting

Building a Strong Platform

8 11 Properties $303 million

Oct 2015/Apr 2016

Invesque Affiliate Acquired Symphony Portfolio

23 Properties $443 million

Jun 2016

$109 million Initial Equity Offering

Oct 2016

28 Properties $575 million

$74 million Follow-on Offering

Nov 2016

32 Properties $598 million

Acquired Canadian Assets

May 2017

38 Properties $680 million

Acquired Portfolio from Ensign

Dec 2016

35 Properties $636 million

$45 million Convertible Debenture Offering Caret Acquisition Acquired Memory Care and Transitional Care Portfolios Rebrand to Invesque

Jan/Feb 2018

89 Properties $1.3 billion

Nov/Dec 2017

40 Properties $747 million

Acquired 3 Transitional Care Facilities Announced Mohawk Medical REIT Acquisition

Mar 2018

100 Properties $1.4 billion 102 Properties $1.5 billion

May 2019

Acquired 3 Symphony Assets and Constant Care Community

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Annual General Meeting

Robust Growth

Total Asset Value At IPO May 2019 Total $428 million # of Operators Property Count Geography 5 23 5 States $1.5 billion 20 102 20 States, 2 Providences 3.5x 4.0x 4.4x 4.4x

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Annual General Meeting

Geographically Diverse Footprint

10

ONTARIO

CA

2

ON

12

AZ

1

NE

2

MO

1

IN

2

KS

2

AR

1

IL 14 NJ

2

MD

3

VA

6

PA

15

NY

9

SC

4

TX

13

LA

1

FL

3

GA 3 8,500+ suites & beds 577,000 MOB ft2 ~US$1.5 billion of Investment Properties

All information provided includes closed transactions.

102 Properties WI

1

AB

3

TN

2

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Annual General Meeting

2018 YE – Financial Snapshot

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86%

PAYOUT RATIO

$0.86

AFFO / SHARE

57%

DEBT TO GBV

$114M

ANNUAL REVENUE

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Annual General Meeting

2019 Q1 – Financial Snapshot

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89%

PAYOUT RATIO

$0.21

AFFO / SHARE

~59%

DEBT TO GBV

$29M

QUARTERLY REVENUE

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211 W. Main Street, Suite 400, Carmel, IN 46032 (317) 643.4017 ∙ Invesque.com

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