Mr. Adlai Chester reports

INVESQUE INC. REPORTS THIRD QUARTER 2025 RESULTS

Invesque Inc. has released its results for the three months and nine months ended Sept. 30, 2025.

Third quarter and subsequent highlights

The company closed on several sales transactions during the third quarter of 2025:

• As previously announced, on July 14, the company sold a senior housing asset in Syracuse, N.Y., for $5.8-million (U.S.).
• As previously announced, on July 25, the company sold 10 memory care assets in Texas, Indiana, Arkansas and Michigan for $83.2-million (U.S.).
• As previously announced, on Aug. 15, the company sold two skilled nursing facilities in Illinois for $23.7-million (U.S.).
• On Sept. 15, the company sold a senior housing asset in Zachary, La., for $9.3-million (U.S.).
• On Sept. 16, the company sold a senior housing asset in Syracuse, N.Y., for $5-million (U.S.).
• On Oct. 1, the company sold a senior housing asset in Chesapeake, Va., for $6.6-million (U.S.).

Consistent with the previously announced disposition and deleveraging strategy, the company used sales proceeds to repay $67.2-million (U.S.) of property-level mortgages and $35-million (U.S.) of the KeyBank corporate credit facility during the third quarter.

Additionally, the company strategically refinanced $54-million (U.S.) of joint venture property-level mortgages during the third quarter on attractive terms that provide initial interest-only periods and prepayment flexibility moving forward.

"We had an extremely busy third quarter, executing on the sale of 15 assets and significantly reducing the company's debt level. Of specific importance was the full repayment of the KeyBank corporate credit facility, which featured onerous covenants and restrictions, and will provide additional flexibility for the company in the coming months," commented Adlai Chester, chief executive officer for the company. "There are a handful of additional assets that are under definitive contract to be sold prior to year-end, subject to satisfaction or waiver of due diligence and other customary closing conditions."

About Invesque Inc.

The company 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 predominantly private-pay seniors housing communities. The company's portfolio includes investments primarily in independent living, assisted living and memory care, which are operated under joint venture arrangements and third party management contracts.

We seek Safe Harbor.