Healthpeak Properties, Inc. is a Standard & Poor's 500 company that acquires, develops, owns, leases, and manages healthcare real estate across the United States. The company's strategy is to invest in and manage real estate focused on healthcare discovery and delivery. Healthpeak has a diversified portfolio of high-quality healthcare properties across three core asset classes of lab, outpatient medical, and continuing care retirement community (CCRC) real estate. Under the lab and outpatient medical segments, the company invests through the acquisition, development, and management of lab buildings, outpatient medical buildings, and hospitals. Under the CCRC segment, the company's properties are operated through RIDEA structures. The company's corporate headquarters are located in Denver, Colorado.

• Employees: 193 (as of December 31, 2023)
• Geographic Footprint: United States
• Headquarters: Denver, Colorado
• Founded: 1985
• Number of locations/facilities: 477
• Revenue: $2.18 billion (FY2023)
• Market Capitalization: $9.2 billion (as of the last business day of the registrant's most recently completed second fiscal quarter)
• Key Subsidiaries/Brands: Healthpeak OP, LLC

• CEO: Scott M. Brinker
• CFO: Peter A. Scott
• Executive Vice President and Chief Accounting Officer: Shawn G. Johnston
• Board Chair: Katherine M. Sandstrom

• Annual Revenue: $2.18 billion (FY2023)
• Net Income: $304 million (FY2023)
• Market Cap: $9.2 billion (as of the last business day of the registrant's most recently completed second fiscal quarter)
• Total Assets: $15.7 billion (as of December 31, 2023)
• Number of employees: 193 (as of December 31, 2023)
• Key Financial Highlights: The company reported a reduction of 4.2% in Scope 1 and Scope 2 greenhouse gas emissions in 2022 compared to 2021 on a like-for-like comparative basis.

Healthpeak invests in and manages real estate focused on healthcare discovery and delivery.

• Lab: Properties leased primarily to biotechnology, medical device, and pharmaceutical companies, scientific research institutions, and government agencies.
• Outpatient Medical: Includes outpatient medical buildings and hospitals, typically containing physicians' offices, examination rooms, pharmacies, and ancillary services.
• CCRC: Retirement communities that include independent living, assisted living, memory care, and skilled nursing units.

Healthpeak operates across three core segments:

• Lab: 51.3% of total portfolio adjusted NOI
• Outpatient Medical: 37.6% of total portfolio adjusted NOI
• CCRC: 9.3% of total portfolio adjusted NOI

Healthpeak's strategy is to invest in and manage real estate focused on healthcare discovery and delivery. The company manages its real estate portfolio for the long-term to maximize risk-adjusted returns and support the growth of its dividends. Key strategic initiatives include:

• Investing in high-quality properties in desirable locations.
• Maintaining a strong investment-grade balance sheet.
• Partnering with leading pharmaceutical, biotechnology, and medical device companies.
• Providing high-quality property management services to encourage tenants to renew, expand, and relocate into our properties.

Healthpeak operates in the healthcare real estate industry, which is highly competitive. The company faces competition from other REITs, investment companies, pension funds, private equity investors, sovereign funds, healthcare operators, lenders, developers, and other institutional investors. Key market trends affecting the business include:

• Compelling long-term demographics driving demand for healthcare services.
• Specialized nature of healthcare real estate investing.
• Ongoing consolidation of the fragmented healthcare real estate sector.

• Macroeconomic Risks: Including inflation, interest rates, construction and labor costs, and unemployment.
• Merger Risks: Risks associated with the Mergers, including our ability to consummate the Mergers on the proposed terms or on the anticipated timeline, or at all; potential loss or disruption of current and prospective commercial relationships due to the uncertainties about the Mergers; and the outcome of legal proceedings instituted against us, our Board of Directors, and others related to the Mergers.
• Tenant Risks: Factors adversely affecting our tenants', operators', or borrowers' ability to meet their financial and other contractual obligations to us.
• Healthcare Industry Risks: Changes within the industries in which we operate; significant regulation, funding requirements, and uncertainty faced by our lab tenants; and competition for suitable healthcare properties to grow our investment portfolio.