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Land & Buildings Comments on Preliminary Results of National Health Investors Annual Meeting

STAMFORD, Conn.--(BUSINESS WIRE)-- Land & Buildings Investment Management, LLC (together with its affiliates, 鈥淟and & Buildings鈥�), a significant stockholder of National Health Investors, Inc. (NYSE: NHI) (鈥淣HI鈥� or the 鈥淐ompany鈥�), issued the following statement in connection with the Company鈥檚 2025 Annual Meeting of Stockholders (the 鈥�2025 Annual Meeting鈥�).

鈥淲e want to thank our fellow stockholders and the leading proxy advisory firms for their support and dialogue throughout this campaign. Based on preliminary results, Land & Buildings fell just short of gaining a board seat for its nominees, with a margin of about 1% of the outstanding shares. While we are disappointed with the outcome, we recognize the Company has made improvements in direct response to our engagement. However, we continue to believe further change is warranted 鈥� underscored by the fact that our nominees received the support of at least 60% of unaffiliated stockholders of NHI and National Healthcare Corp. (NHC) who voted at the 2025 Annual Meeting.

Land & Buildings is hopeful that the message has been received, and that we will see further improvements to NHI鈥檚 governance and performance. We will be keeping a close eye on the NHC lease renewal negotiation and future capital allocation decisions to ensure management is empowered to maximize value. We will not hesitate to hold the Company accountable moving forward, including, if necessary, by taking our concerns directly to stockholders again.鈥�

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Source: Land & Buildings Investment Management, LLC