FIVE STAR SENIOR LIVING REBRANDING AS ALERISLIFE

January 26, 2022

Five Star Senior Living Rebranding as AlerisLife

New Brand Reflects Expansions in “Choice Based” Lifestyle Services to Augment Continued Delivery of Exceptional Residential Experience

Common Shares Will be Listed on the Nasdaq Under the New Ticker “ALR” Beginning on January 27th

Strengthens Management Team with Appointment of Lauren C. Cody as Chief Customer Officer and Michael S. Lopez as Chief People Officer