Campus of Care, Brantford, Ontario
November 13, 2025 Sienna Senior Living Inc. (SIA: TSX)
Presenters
Nitin Jain
Chief Executive Officer, President & Director
David Hung
Chief Financial Officer & Executive Vice President, Investments
Accelerating Growth
+ Strong operating results across both lines of business
+ Successful Completion of development projects in Ontario
+ Continued growth through acquisitions
94.1%Q3 Retirement Occupancy
(Average Same Property))
~$218MDevelopments
Completed & Opened in 2025
~$600MAcquisitions
To Date in 2025
Strong Operating Results
13.2%
Q3 2025
Year-over-Year SP NOI Growth*
In Retirement Segment
Retirement Same Property (SP) Occupancy
95.0
94.5
94.6
94.7
93.1
92.4 92.6
92.9 93.1 93.1
92.5
92.7
91.8
91.9 91.9 91.9
90.8
91.1
90.1 90.1
89.5
89.6 89.9
90.2
90.5 90.5
95%
92.0
6.7%
Q3 2025
Year-over-Year SP NOI Growth*
In Long-Term Care Segment
*excluding one-time items
89.0
Percent
86.0
83.0
80.0
Approaching 95% Occupancy Target
Unlocking Value through Redevelopments
~
3%
Contribution to AFFO/Share
per LTC Redevelopment Project
Northern Heights
North Bay, Ontario
Brants Landing & Oakwood Commons
Brantford, Ontario
LaSalle Park
Greater Toronto Area, Ontario
(under contract)
Acquisition Momentum Continues
~$600M
Acquisitions Completed & Under Contract in 2025
Aspira Credit River
Greater Toronto Area, Ontario
Hygate on Lexington Waterloo, Ontario (under contract)
Investing in Our Team Members
Team Member Engagement Score
7.5
7.3
7.1
7.9 8.0
2021 2022 2023 2024 2025
86%
Participation Rate
In Team Member Engagement Survey
Operating & Financial ResultsQ3 2025 Financial Results (excluding one-time items)
Quarter ended September 30 $Million, except occupancy and per share data | 2025 | 2024 | Change |
Revenue (Proportionate Basis) | 261.7 | 224.8 | + 16.4% |
Same Property (SP) NOI | 46.4 | 42.4 | + 9.7% |
Retirement SP NOI | 22.1 | 19.5 | + 13.2% |
Long-Term Care SP NOI | 24.4 | 22.8 | + 6.7% |
OFFO | 31.8 | 23.9 | + 33.3% |
OFFO/Share | 0.342 | 0.312 | + 9.6% |
AFFO | 27.7 | 20.4 | + 36.1% |
AFFO/Share | 0.298 | 0.266 | + 12.0% |
Retirement operations benefitting from improved occupancy and rate growth as well as higher care revenue
Long-term care operations benefitting from fully occupied homes and higher private accommodation revenue
Asset optimization initiatives contributing to strong results
Contributions from Recently Completed Redevelopments
Projects | Completion | Number of Beds / Suites | Estimated Development Costs | Development Grant | Annual Construction Subsidy(1) | Expected Development Yield |
Brantford | Q3 2025 | 160 / 147 | $140M | $4.0M | $3.3M | 8.5% |
North Bay | Q3 2025 | 160 | $78M | $4.0M | $3.3M | 8.0% |
Total | 480 / 147 | $218M | $8.0M | $6.6M |
~$4.7M
Annual Contribution
Northern Heights
North Bay, Ontario
Per Project
~3%
Increase in AFFO
Per Project
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Disclaimer
Sienna Senior Living Inc. published this content on November 14, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 14, 2025 at 04:33 UTC.
