Core Points - CoreCivic, Inc. has entered into a definitive agreement to acquire the Farmville Detention Center for a total purchase price of $67.0 million [1][2] - The acquisition is expected to close on July 1, 2025, and will generate approximately $40.0 million in annual incremental revenue [2] - The Farmville Detention Center has a capacity of 736 beds and provides services under an agreement with U.S. Immigration & Customs Enforcement (ICE) that expires in March 2029 [1][2] - The acquisition will add over 200 new employees to CoreCivic's workforce [3] Company Overview - CoreCivic is a diversified government-solutions company that provides a range of services including corrections and detention management, alternatives to incarceration, and government real estate solutions [3] - The company is the largest owner of partnership correctional, detention, and residential reentry facilities in the United States and has over 40 years of experience as a government partner [3]

1 July 24, 2024 QUARTERLY @2024 Stuart Bradie, President and CEO Mark Sopp, Executive VP and CFO Jamie DuBray, VP of Investor Relations FORWARD-LOOKING STATEMENT The statements in this presentation that are not historical statements, including statements regarding our expectations for our future financial performance, effective tax rate, operating cash flows, contract revenues, award activity and backlog, program activity, our business strategy, interest expense, our plans for raising and deploying capital ...