CHICAGO— (BUSINESS WIRE) -Ventas, Inc. (NYSE: VTR) announced today that it has entered into a revised master leasing agreement (the “Brookdale Lease”) and other agreements (with Brookdale Lease, the “Agreements”) with Brookdale Senior Living Inc. (“Brookdale”) (NYSE: BKD) in response to the unprecedented challenges to the live seniors industry caused by the COVID. The Company regularly provides vital information to investors and the market with press releases, the Securities and Exchange Commission (“SEC”) of bids, public conference calls, webcasts and the company`s website under www.ventasreit.com/investor-relations. The information the company publishes on its website may be considered essential. As a result, the Company encourages investors and others interested in the company to regularly monitor and verify information that the company publishes on its website, in addition to the Company`s press releases, SEC submissions and public conference calls and webcasts. This agreement aims to alleviate certain burdens imposed by Covid-19. This is just the latest step for the two companies that have undergone further restructuring since Brookdale appointed a new CEO and committed to an operational tour in 2018. “We are pleased to conclude beneficial agreements with Brookdale on the financial impact of COVID 19`s unprecedented pandemic on our senior communities,” said Debra A. Cafaro, President and Chief Executive Officer of Ventas. “The agreements we are announcing today benefit both companies by providing security, flexibility and the ability to raise Ventas shareholders, improving Brookdale`s stability and liquidity, and creating the most favourable environment for brookdale to manage our communities safely and productively,” she added. “Summerville Loan”) and in full release and satisfaction of all amounts due and due, as well as all commitments of the company and/or its related companies regarding the Summerville loan.

Following the sale of the Summerville Real Estate, Ventas and the Company entered into new futures market price management agreements under which the Company (or its subsidiaries) will manage Summerville`s assets. The two companies have entered into agreements in response to the unprecedented challenges facing the life industry in the coronavirus pandemic.