EFTA Document EFTA01382171

American Medical Properties Investment Strategy American Medical Properties Unique healthcare and real estate expertise • Physician recruitment • Increase patient census • Navigate regulatory environment • New specialties and service lines • Health insurance plan reimbursements • Operational improvements • Development of excess real estate Sale / leaseback structure • Acquire hospitals and related healthcare real estate assets • Acquire at 8.0% to 10.0% cap rates with long-term, 10-15 year leases • Deliver an 8%+ dividend yield and 20%+ IRR (exclusive of excess RE development) Increase real estate asset values and deliver stable dividend yields exceeding 8.0% American Medical Properties 4 not-for-profit hospital operators* 5 regional hospital operators* • Hospital operator names not disclosed doe to confidentiality L=SIS HEALTHCARE t PROVIDENCE Health & Services 0 Prime Healthcare CLIO Community OL)u. I 10 Health Systems HCA tenet Moiled Cceratttlea of hake care nrrIREGIONAL n 15 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0081433 CONFIDENTIAL SDNY_GM_00227617 EFTA01382171