At the Very Heart
of Healthcare.^®

To my fellow shareholders,

When we founded MPT in 2003, we set forth the simple yet ambitious objectives of addressing hospitals’ critical need for capital solutions and facilitating healthcare delivery in communities around the world. Our early success enabled us to complete our initial public offering (“IPO”) on the NYSE in 2005, solidifying our position in the industry and enabling us to offer thousands of public market investors an opportunity to invest in hospital real estate.

Over the past 20-plus years, a few important things have never changed about our business. First and foremost, our unique ability to help hospital operators unlock the full value of their real estate so that they can better focus on patient care. Second, our goal of acquiring high-value real estate that promises an attractive return for our shareholders. And third, our commitment to supporting the communities we serve around the world.

With these three principles serving as our north star, we have successfully navigated several challenges, including capital market turbulence, a global pandemic, generationally high inflation, a highly coordinated short-seller attack, and the bankruptcies of two large tenants.

Now, as we turn the page on our 20th year as a publicly traded company, we are focused on continuing to evolve our business for the benefit of our shareholders, employees, tenants, and communities. That is why today we are excited to update MPT’s brand identity.

Edward K. Aldag, Jr.
Chairman, President & CEO