American Healthcare REIT completes 1-for-4 reverse stock split, suspends DRIP and SRP

In connection with the Proposed Listing, on November 15, 2022, we effected a one-for-four reverse stock split, or the Reverse Stock Split, of each issued and outstanding share of Class T common stock, par value $0.01 per share, and Class I common stock, par value $0.01 per share, or our Common Stock, by filing articles of amendment to our charter, or the Stock Split Amendment. As a result of the Reverse Stock Split, every four shares of issued and outstanding Common Stock were combined and converted into one new share of the respective class of Common Stock, par value $0.04 per share. Additionally, immediately following the Reverse Stock Split, we also filed articles of amendment to our charter to decrease the par value of each share of our Common Stock outstanding as a result of the Reverse Stock Split from $0.04 per share to $0.01 per share, or the Par Value Decrease Amendment.