NHI enters forward sale agreements for 2.76M shares at $68.40; expects net proceeds ~$188.3M

NATIONAL HEALTH INVESTORS INC

Underwriting agreement dated Aug 14, 2024 for 2,760,000 shares (including 360,000 option exercised) at $68.40 per share.
Forward sale agreements with four banks; physical settlement expected within ~12 months for cash proceeds.
Net proceeds upon full physical settlement estimated at $188.3 million after expenses.
Proceeds to be used for working capital, acquisitions, debt repayment, and investments.
Offering closed on August 16, 2024; initial forward price $68.40 per share subject to adjustments.

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