EFTA01382177.pdf

Strategic Merits of an Investment in American Medical Properties Current Long-term Driver Potential Result Yield Value — AMP identifies and invests in off-market opportunities through deep industry Presence in markets with relationships with limited competition for assets limited buyers V V — Avoids engaging in competitive bidding process and overpaying for assets — Many of the assets AMP targets may be sourced from non-institutional owners, often healthcare operators Non-standard sellers — AMP can take advantage of undermanaged assets — Potential for revenue enhancement, expense reduction and increased cash flow - High initial yields should provide strong cash flow and support current dividends High cap rates increase yield - On exit, better managed assets in a larger portfolio should benefit from ✓ V incremental value appreciation — Enhance underlying tenant profile, increase real estate values and negotiate attractive rents by providing unique operational expertise, assisting with Active property management physician recruitment and the addition of new specialty service lines - Increased cash flow can be monetized in the future upon exit at tighter cap rates in the public market American Medical Properties 23 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0081441 CONFIDENTIAL SDNY_GM_00227625 EFTA01382177