The GEO Group, Inc. ® Supplemental Information Fourth Quarter and Full Year 2019 The GEO Group, Inc.'s ("GEO") Unaudited Reconciliation Tables and Supplemental Disclosure presented herein speaks only as of the date or period indicated, and GEO does not undertake any obligation, and disclaims any duty, to update any of this information, except as requested by law. GEO's future financial performance is subject to various risks and uncertainties that could cause actual results to differ materially from expecta ...

Financial Data and Key Metrics Changes - The company reported third-quarter revenues of approximately $632 million and net income attributable to GEO of $0.39 per diluted share, reflecting a strong performance [27] - Adjusted net income was reported at $0.44 per diluted share, exceeding the guidance range of $0.37 to $0.39 per diluted share [28] - The company increased its full-year AFFO guidance to a range of $2.75 to $2.77 per diluted share [31] Business Line Data and Key Metrics Changes - The reactivation of previously-idle facilities totaling 4,600 beds is expected to drive future cash flow growth [7] - The South Louisiana ICE processing center is projected to generate annualized revenues of approximately $25 million, while the North Lake Michigan correctional facility is expected to generate approximately $37 million in annualized revenues [45] - The GEO Continuum of Care program has been implemented at 18 state correctional facilities and two federal facilities, with a commitment of $10 million representing 7% of the company's net income [21] Market Data and Key Metrics Changes - The company is actively pursuing new contracts in California, with proposals submitted for existing facilities in the San Francisco and Los Angeles areas [79] - The U.S. Marshals Service is expected to award a management contract for the 512-bed El Centro facility before the end of the year [11] - The company is engaged in expansion projects in Australia, including a 300-bed expansion at the Ravenhall Correctional Centre, expected to generate additional annual revenues of $19 million [53] Company Strategy and Development Direction - The company aims to maintain its financial guidance for the fourth quarter while focusing on cash flow stability and dividend sustainability [6][25] - The company is committed to expanding its GEO Continuum of Care program, which integrates rehabilitation services with post-release support [22] - The company is actively addressing misinformation regarding its role as a service provider and maintaining strong banking relationships [23][37] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strong fundamentals and ongoing growth despite political challenges [66] - The company acknowledged the volatility in equity and debt markets driven by a false narrative regarding its operations [15][35] - Management expects to apply excess cash flow towards debt reduction while maintaining dividend payments [41][68] Other Important Information - The company published its first-ever Human Rights and ESG report, highlighting its commitment to human rights and ethical governance practices [19][20] - The company has successfully extended the maturity of its senior revolving credit facility to May 2024 without changes in terms [24] Q&A Session Summary Question: Can you provide more details on the $44 million loan? - The loan was taken from several banks, and specific properties securing the loan have not been disclosed [72] Question: What is the risk associated with contracts expiring in California? - Both facilities are owned by the company, and proposals for new contracts have been submitted [77][78] Question: How does the political climate in California affect operations? - The company is monitoring the situation and believes there are alternatives available, including leasing or selling properties if necessary [83] Question: Will the new California legislation impact federal contracts? - Existing contracts can continue until their terms expire, as the new legislation does not affect contracts in place before the end of the year [87]

The GEO Group, Inc. (NYSE:GEO) Q2 2019 Earnings Conference Call July 30, 2019 11:00 AM ET Company Participants Pablo Paez – Executive Vice President-Corporate Relations George Zoley – Chairman and Chief Executive Officer Brian Evans – Chief Financial Officer David Donahue – President-GEO Secure Services Ann Schlarb – President-GEO Care Conference Call Participants Jordan Sherman – Ranger Global David Stuehr – Longfellow Andrew Berg – Post Advisory Walt Sosnowski – SRC Capital Operator Good morning, and welc ...

Geo Group, Inc. (NYSE:GEO) Q1 2019 Earnings Conference Call April 30, 2019 11:00 AM ET Company Participants Pablo Paez - EVP, Corporate Relations George Zoley - Founder, Chairman & CEO Brian Evans - SVP & CFO David Donahue - SVP & President, U.S. Corrections, Detention & International Operations Ann Schlarb - SVP & President, GEO Care Conference Call Participants Tobey Sommer - SunTrust Robinson Humphrey Operator Good morning, and welcome to the GEO Group First Quarter 2019 Earnings Conference Call. [Operat ...

The GEO Group, Inc. ® Supplemental Information First Quarter 2019 The GEO Group, Inc.'s ("GEO") Unaudited Reconciliation Tables and Supplemental Disclosure presented herein speaks only as of the date or period indicated, and GEO does not undertake any obligation, and disclaims any duty, to update any of this information. GEO's future financial performance is subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect GEO's ...