Material Agreement Form 8 K

On August 12, 2024, Sonida Senior Living, Inc., through various wholly-owed subsidiaries (the "Company"), entered into eight asset purchase agreements (the "Palm PSAs") with various affiliates of Principal Senior Living Group, pursuant to which the Company will acquire eight senior living communities (each, a "Palm Community" and collectively, the "Palm Communities") for an aggregate cash purchase price of $102.9 million, subject to customary closing conditions (such acquisition, the "Palm Acquisition"). The Company paid $750,000 earnest money upon entering into the Palm PSAs. Five of the Palm Communities are located in Florida and the other three Palm Communities are located in South Carolina. The Company expects the Palm Acquisition to close in late September 2024, subject to customary closing conditions.

The Palm PSAs contain customary representations, warranties and covenants and are substantially identical in all material respects, except with respect to identifying the applicable Palm Community and its individual purchase price and earnest money, and identifying the specific parties thereto as well as certain other similar variables.

The foregoing description of the Palm PSAs is not complete and is qualified in its entirety by reference to the full text of the form of Palm PSA, which is filed as Exhibit 10.1 to this Current Report on Form 8-Kand is incorporated herein by reference.