Assura : 20221130 Assura Interim Results vF

Assura plc

Interim results for the six months ended

30 September 2022

22 November 2022

Results for the six months ended 30 September 2022	2

Overview

Jonathan Murphy

CEO

Results for the six months ended 30 September 2022

Assura's long-term position of strength

Critical demand for investment in NHS infrastructure

Strong balance sheet and long dated debt book

3

High quality

portfolio

Sustainability

credentials

underpin our

offering

Results for the six months ended 30 September 2022	4

Well-positioned to navigate short-term challenges

Macro-economic headwind

Volatility in debt and

equity markets

Barriers to external growth

Downward pressure on

valuations

Unstable macro-economic

backdrop

Assura well-positioned

• Debt book 100% fixed at 2.3%, 7.5 year maturity
• £284m cash and available facilities
• Quality portfolio provides scope for value adding asset enhancements
• Good level of inflation protection - 4.5% average annual uplift achieved in first half
• Historical valuations stable with long-term secure underpinning
• Significant covenant headroom
• Healthcare demand is not cyclical
• 81% of income underpinned by NHS

Results for the six months ended 30 September 2022	5

Sustainability approach as a key differentiator

Sustainability credentials underpin offering

NHS targeting Net Zero Carbon by 2045

Increasing trend for community health services and social prescribing

47% EPC B Targeting 100% by Mar-26

Net zero across entire portfolio by 2040

6 million patients benefitting from SixBySix strategy by Mar-26

ESG-linked

financing	Assura
		Community
Sustainable		Fund has
investor		deployed
returns		over £1.3m
	since 2020
Buildings that		First NZC
facilitate delivery	development
of health services		on site -
bespoke to each		Fareham
community