AN EXCITING NEW CHAPTER: STRATEGIC ALLIANCE WITH ACTS RETIREMENT SERVICES

AN EXCITING NEW CHAPTER FOR WILLOW VALLEY COMMUNITIES:

STRATEGIC ALLIANCE WITH ACTS RETIREMENT SERVICES

Nearly 40 years ago, Willow Valley Communities began welcoming Residents through the doors of our first community, the Willow Valley Manor. Inspired by a legacy of hospitality, we committed to strive to deliver an exceptional senior living experience for Residents seeking a premier community. Many say that we have succeeded, naming us among the nation’s best 55+ senior living communities, with more than 2,600 Residents originating from nearly 40 states across the country. With the recent addition of SouthPointe at Lakes and our planned expansion into downtown Lancaster with Mosaic, we’re maintaining that commitment.

To further enhance our abilities to meet the needs and desires of today’s and tomorrow’s Residents, we are delighted to share exciting news. Willow Valley Communities has entered into a Strategic Alliance with Acts Retirement Services, Inc. (ARS). ARS is the parent organization of Acts Retirement-Life Communities, Inc. (Acts). The alliance became effective May 1, 2022.

Established in 1972 and based in Fort Washington, PA, Acts is the nation’s third-largest not-for-profit senior retirement living provider, with 26 communities in nine states, currently serving approximately 10,000 residents. Like Willow Valley Communities, Acts enjoys a strong reputation for service, financial strength, and commitment to the mission and values within the senior living industry. This strategic alliance brings together two of the nation’s most respected organizations in a mutually beneficial relationship continuing an exciting upward trajectory.

Willow Valley Communities has known the principals of the Acts organization for many years — going all the way back to Acts’ involvement in our start and development. Like Willow Valley Communities, Acts is committed to the highest standards of quality and service excellence. In many ways, the alliance can be described as a coming together, via a strategic alliance, of two historically connected and strategically complementary organizations.

An important goal for this alliance is for both organizations to learn from each other and become stronger. Through the alliance, Willow Valley Communities will benefit from Acts’ significant resources, operations expertise, and scale; Acts will benefit from Willow Valley Communities’ expertise in operations, hospitality services, and real estate development. Importantly, with the alliance in place, Willow Valley Communities’ vision, culture, distinctive identity, and standards of excellence remain unchanged.

While part of the extended Acts family, Willow Valley Communities remains a separate entity with its own Board of Directors, management team, brand identity, charitable foundation, budget, and operations practices.

Willow Valley Communities and Acts are two of the most successful and highly regarded senior living operators in the nation. This strategic alliance creates a “sum-greater thanthe-parts” scenario, leveraging greater scale, combined expertise and capabilities, and common values and missions. It also builds financial strength and sustainability while enhancing the growth outlook for both organizations.

Willow Valley Communities Residents and Team Members are currently enjoying additional resources through the alliance with no substantive change in service, amenities, programming, or work environment. As both organizations continue to become stronger, today’s and tomorrow’s Residents of Willow Valley Communities can be confident that this alliance will only enhance their Life Lived Forward lifestyle well into the future.

In many ways, the alliance can be described as a coming together of two historically connected and strategically complementary organizations.