Ventas — Apr 27, 2026 release

Ventas expects to report 2026 per share Attributable Net Income to common stockholders, Nareit FFO and Normalized FFO within the following ranges: As of 2/5/26 As of 4/27/26 Attributable Net Income Per Share Range $0.52 - $0.62 $0.56 - $0.63 Attributable Net Income Per Share Midpoint $0.57 $0.60 Nareit FFO Per Share Range* $3.63 - $3.73 $3.69 - $3.76 Nareit FFO Per Share Midpoint* $3.68 $3.73 Normalized FFO Per Share Range* $3.78 - $3.88 $3.82 - $3.89 Normalized FFO Per Share Midpoint* $3.83 $3.86 Full Year 2026 Guidance Commentary Update The increase in the Company’s guidance is primarily the result of higher property performance led by SHOP and accretion from investment activity, partially offset by the market expectation of higher interest rates. Certain additional assumptions are set forth in the appendix. Investor Presentation An Earnings Presentation is posted to the Events & Presentations section of Ventas’s website at ir.ventasreit.com/events-and-presentations. Additional information regarding the Company can be found in its Supplemental posted at ir.ventasreit.com. The information contained on, or that may be accessed through, the Company’s website, including the information contained in the aforementioned Earnings Presentation and Supplemental, is not incorporated by reference into, and is not part of, this document. First Quarter 2026 Results Conference Call Ventas will hold a conference call to dis