Mr. Adlai Chester reports

INVESQUE INC. COMPLETES DISPOSITION OF NINE SENIORS HOUSING ASSETS IN DECEMBER AND PROVIDES NOTICE OF US$27.3 MILLION DEBENTURE REPAYMENT

Invesque Inc. has disposed of nine assets over the past 15 days and provides notice of its intention to redeem all of the $27.3-million (U.S.) principal amount of debentures in early 2026.

On Dec. 11, 2025, the company sold a portfolio of four senior housing assets for $57-million (U.S.). These assets, located in New Jersey and Pennsylvania, were previously part of a joint venture and managed by Heritage Senior Living, one of the company's preferred operating partners.

On Dec. 18, 2025, the company sold a medical office building, located in Camillus, N.Y., for $4.1-million (U.S.).

On Dec. 23, 2025, the company sold its interests in four senior housing communities in Canada, resulting in net equity of $31-million (Canadian). The underlying portfolio in this transaction was the company's only retirement home investment in Canada.

Today, the company provided formal notice to the registered holder of its 9.75 per cent unsecured subordinated debentures due Dec. 30, 2027, that the company will redeem in full all of the currently outstanding 9.75 per cent debentures. The 9.75 per cent debentures will be redeemed on Jan. 23, 2026, at a total price of 100 per cent of the principal amount plus accrued and unpaid interest to, but not including, the redemption date.

"During 2025, our team completed the sale of 46 assets for more than $550-million (U.S.) and repaid approximately $510-million (U.S.) of debt (inclusive of preferred equity redemptions). Our management team, along with our board of directors, has determined that the best use of additional excess cash is the redemption of the 9.75 per cent debentures to further delever the company," commented Adlai Chester, chief executive officer of the company. "As we sit today, our real estate portfolio consists of seven senior housing communities located in four U.S. states."

About Invesque Inc.

Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic in North America will continue to utilize health care services in growing proportion to the overall economy. The company currently capitalizes on this opportunity by investing in a portfolio of income-generating, private-pay senior housing communities. Invesque's portfolio includes investments in independent living, assisted living and memory care, which are operated under joint venture arrangements with industry-leading operating partners. Invesque's portfolio also includes investments in owner-occupied senior housing properties, in which Invesque owns the real estate and the licensed operations.

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