Core Viewpoint - The merger between Regional Health Properties, Inc. and SunLink Health Systems, Inc. is a transformative step aimed at creating a vertically integrated company that enhances growth, efficiency, and long-term value creation [2]. Company Overview - Regional Health Properties, Inc. is a self-managed healthcare real estate investment company focused on investing in real estate for senior living and long-term care [7]. Merger Details - The merger was completed on August 14, 2025, with Regional surviving as the merged entity [1]. - Each five shares of SunLink common stock were converted into 1.1330 shares of Regional common stock and one share of Regional Series D 8% Cumulative Convertible Redeemable Participating Preferred Shares [3]. - The total consideration for the merger included approximately 1,595,400 shares of Regional common stock and approximately 1,408,120 shares of Regional Series D preferred stock [3]. Leadership Structure - The combined company will be led by Brent S. Morrison as President and CEO, with Mark J. Stockslager as CFO and Robert M. Thornton, Jr. as Executive Vice President – Corporate Strategy [5]. - The Board of Directors will include members from both Regional and SunLink, ensuring continuity and integration of leadership [6]. Trading Information - The combined company will operate under the name Regional Health Properties, Inc. and will continue to trade under Regional's ticker symbols on the OTCQB [4].

Core Viewpoint - The merger between Regional Health Properties, Inc. and SunLink Health Systems, Inc. is a transformative step aimed at creating a vertically integrated company that enhances growth, efficiency, and long-term value creation [2]. Merger Details - The merger was completed on August 14, 2025, with Regional surviving as the merged entity [1]. - Each five shares of SunLink common stock were converted into 1.1330 shares of Regional common stock and one share of Regional Series D 8% Cumulative Convertible Redeemable Participating Preferred Shares [3]. - The total consideration for the merger included approximately 1,595,400 shares of Regional common stock and about 1,408,120 shares of Regional Series D preferred stock [3]. Leadership Structure - Brent S. Morrison will continue as President and CEO of the combined company, with Mark J. Stockslager as CFO and Robert M. Thornton, Jr. as Executive Vice President – Corporate Strategy [5]. - The Board of Directors will include members from both Regional and SunLink, ensuring continuity and integration of leadership [6]. Company Overview - Regional Health Properties, Inc. is a self-managed healthcare real estate investment company focused on senior living and long-term care properties [7].

Core Viewpoint - Regional Health Properties, Inc. and SunLink Health Systems, Inc. have announced the approval of their merger by shareholders, with Regional as the surviving entity, pending customary closing conditions [1]. Group 1: Merger Details - The merger was approved during special meetings held on August 4, 2025, by both Regional and SunLink shareholders [1]. - SunLink shareholders also provided non-binding advisory approval for the merger-related compensation proposal [1]. - The merger is governed by the Amended and Restated Agreement and Plan of Merger dated April 14, 2025 [1]. Group 2: Share Issuance - Regional shareholders approved the issuance of common stock and Series D 8% Cumulative Convertible Redeemable Participating Preferred Shares in connection with the merger [2]. - Details regarding the Series D Preferred Stock were previously disclosed in Regional's filings with the SEC [2]. Group 3: Company Background - Regional Health Properties, Inc. is a self-managed healthcare real estate investment company focused on senior living and long-term care properties [3]. - SunLink Health Systems, Inc. operates subsidiaries including Carmichael's Cashway Pharmacy [4].

Core Viewpoint - Regional Health Properties, Inc. is advocating for the approval of its merger with SunLink Health Systems, Inc., emphasizing that the merger is beneficial for all shareholders and will enhance the company's financial position and operational capabilities [2][4]. Company Overview - Regional Health Properties, Inc. is a self-managed healthcare real estate investment company focused on properties for senior living and long-term care [5]. Shareholder Communication - Recent communications from shareholders Ken Grossman and Charlie Frischer opposing the merger are viewed by the company as not representing the best interests of common shareholders, as their stakes are primarily in Series B preferred stock [2][4]. - The company encourages shareholders to review its Form 8-K filings for additional disclosures regarding the merger and the tender offer [2]. Merger Benefits - The merger is expected to bring approximately $6 million in capital to the combined company, improving the balance sheet and aiding operations [4]. - The merger will provide access to experienced management and industry expertise, which is considered advantageous for the combined entity [4]. - The potential for improved shareholder value is highlighted, with the merger offering a path to generate free cash flow for redeeming Series B preferred shares over time [4]. - Both Regional and SunLink's common shares have seen significant increases since the merger announcement, with Regional's shares rising approximately 120% and SunLink's by about 30% [4].

Group 1 - Black Pearl Equities announced a tender offer to purchase up to 49.9% of the outstanding common shares of Regional Health Properties at a price of $4.25 per share in cash, expiring on August 31, 2025 [1] - The tender offer provides liquidity for shareholders and an alternative to holding their investment, allowing them to tender shares at a premium to recent market prices [2] - The offer is contingent upon obtaining valid tenders for a minimum of 45% of the outstanding shares and other specific conditions, including no material adverse changes to the company's financial or operational condition [3]

Core Viewpoint - Regional Health Properties, Inc. announced that Institutional Shareholder Services Inc. (ISS) recommended shareholders vote "FOR" the merger with SunLink Health Systems, which includes the approval of the merger agreement, share issuance proposal, and the adjournment of the special meeting if necessary [1][2][6]. Company Overview - Regional Health Properties, Inc. is a self-managed healthcare real estate investment company focused on real estate for senior living and long-term care [2][4]. Shareholder Meeting - A special meeting of shareholders is scheduled for July 29, 2025, at 10 am ET, where shareholder votes are crucial for the merger [2]. Proxy Advisory Recommendation - ISS's recommendation indicates strong support for the merger, with approximately 80% of Regional's common stock shareholders in favor based on proxies received [2][6]. Strategic Rationale - The merger is expected to create pre-tax cost synergies and enhance long-term profitability, as indicated by the positive market response since the announcement [6].