INTERNATIONAL

HistoryInitially a Belgian focused company, Senior Assist is now the 3rd largest provider of Care Homes in Belgium.

Founded in Belgium by two cousins: Healthcare Entrepreneur Bart Vanderschrick and financier Frank Bamelis.

Unlike other dominant Belgian Care providers, Senior Assist started with a global vision:

“to build a world class

Belgium operation, and to then bring it to the world.”

2005: Senior Assist (Belgium)2006: Acquired first nursing home ‘Le Saule’ (Brussels)2007: Acquired 12 operational nursing homes (Brussels, Flanders, Wallonia) – Senior Assist Home Care2008: Acquired 10 operational nursing homes (Brussels, Flanders, Wallonia)2009: Established Senior Assist Chile (Seniority)

commenced new projects in Brussels & Liège (Belgium)2010: Established Senior Assist Turkey

new projects in Flanders (Belgium) opened new home in Brussels2011: Established Senior Assist Uruguay opened biggest private nursing home in Liège. Developed new location in Antwerp

Opened Senior Assist Güre (Belikisir –Turkey)2012: Established Senior Assist BrazilOpening Senior Assist Beylikdüzü (Istanbul –Turkey)Established Senior Assist Nederland with acquisition Arlero (6 mio euro revenue)

Implemented several extensions in Belgium 2013: Established Senior Assist Peru. In acquisition discussion with largest operator in Chile. New sites identified in both regions. 7 new projects in BelgiumNew projects identified in Germany, Austria, Spain, Romania, China

Senior Assist: Local expertise, Global vision

Senior Assist Latin AmericaStarted operations in Latin America in 2009,

under the name Seniority

Currently operational in 2 LATAM countries (Chile and Uruguay). 136 beds under operation, and 400 under construction.

4 other countries have the potential (and culture) to expand in the future :•Chile (started 2009)

• Santiago• Concepcion• Vina Del Mar

•Uruguay (2011)• Montevideo• Colonia• Punta del Este

•Peru (2012)•Brazil (2012-2013)•Colombia (2013+)•Argentina (2013+)

« T« The reference operator in the healthcare sector in Belgium » (Cofinimmo Press release he reference operator in the healthcare sector in Belgium » (Cofinimmo Press release 31.01.12)31.01.12)

Cofinimmo: Foremost Belgian listed public real estate investment companyCofinimmo: Foremost Belgian listed public real estate investment company

Güre

BeylikdüzüGalatasaray

Opened 09/2012Beylikdüzü: located in the newly developed residential area on the European side of Istanbul.280 beds on 7 stories, a day care center and a rehabilitation center. Safe and secure environment where the elderly can feel still part of community at large.

Beylikdüzü Elderly Care Center Turkey

Senior Assist International

Vision : To be the world leader in General health Care, setting the standard in service quality. General health care includes all kinds of care focused on elderly care, care for disabled people, home care, day care, rehabilitation care, as well as patiënt care and health tourism.

Strategy : opportunistic selection of countries based on: Individual contacts Country development and GDP projection. Population demographics Market maturity Strategic Joint ventures

Senior Assist international

Senior Assist International will become active in a large number of countries by 2017/2018. Max revenue diversification across countries Growth model : Increasing exposure to unregulated markets to

set up General health care services

Senior Assist Belgium(The base)

Nursing homes• 34 locations• 80% in Wallonia &Brussels + 20% Flanders• + 2800 residents • 1800 employees

Senior Assist Belgium

Daycare Centres (2)

Serviced Appartments (168)

Home Care (+100 independent nurses)

Senior Assist Belgium

2012 : 95% of business 74% owned by Founders. 3000 beds in operation * 4200 beds under license * target 5000 beds

under operation 2016|17 Growing home care activity Revenue of more than 100 mio euro in 2012 – esitmated ebitdar of

+22%

2017 : Belgium max 50% of business (projection) with 5000 beds under operation

Senior-Assist Belgium Renovations, Extensions and Greenfields realised:

Sous bois, Vottem, Vedrin, Groenveld, Hof ter Dennen

Renovations, Extensions and Greenfields under construction financed Védrin 2, Jours Heureux, Tramontane, Reine Astrid, Brise &

Chêne, Mouterij Aalst, Solva Aalst, Neuve Cour, Récollets, Charmilles, Sitelles, Pleiades, Nieuwe Seigneurie

Greenfields Grobbendonk, Stekene, Londerzeel, Lokeren, Grâce Hollogne,

Meise, Bruxelles Anderlecht (?), Lovendegem, Gavere

Total Investment Volume : more than 300 mio EUR

Senior Assist Belgium

Senior Assist Belgium

Senior Assist Belgium

To conclude

Senior Assist is like no other Belgian Care home incumbent.

Enjoys the benefits of the closed Belgian market, but looks abroad for future expansion.

Senior Assist Belgium plays an important role as knowledge and experience provider.