Date: August 26, 2021
RE: Mandatory Vaccinations
Dear Levante Team Members,
I want to take this opportunity to express sincere appreciation to each of you for your diligence, work ethic, and most of all your ongoing care to residents and fellow team members during this challenging time. It’s been incredibly inspiring to see how the Levante team has continued to thrive this past year, despite some big obstacles. As you know, we have been working alongside you, taking COVID-19 preventive measures to help keep you, our entire team, and our residents safe. We have worked under some uncertain and often stressful conditions, and you have helped make it possible for us to continue our essential operations. Together, we’ve done an amazing job throughout the pandemic. Way to go Team Levante!
With the fall and winter months upon us and the rise of more serious variants like Delta and Lambda, COVID-19 continues to pose a significant risk to our communities. For this reason, along with other senior living care providers like Revera, Chartwell, Sienna and Extendicare, Levante is announcing today that we are making COVID-19 vaccination mandatory for all its team members.
As of October 12, 2021, all Levante Living team members will need to provide proof of full vaccination. Those who are unable to do so will be placed on an unpaid leave of absence. Vaccination will also be required for all new hires, students, agency personnel and volunteers. This new policy will go a long way toward protecting the people we care for, as well as our co-workers and visiting friends and family members.
Here are some things to remember about the COVID-19 vaccination:
• Over 4 billion people worldwide have received vaccinations. They are safe, highly effective and significantly reduce the risk of serious illness and hospitalization.
• Each Levante Executive Director has removed barriers to vaccination and will continue to provide support to their frontline staff including education, appointment booking and paid time off for vaccination.
• 90% of all Levante Living team members are already vaccinated, so we don’t anticipate this policy to impact staffing levels.
• If you would like more information about getting the vaccine or have questions, please reach out to your Executive Director.
Making this policy is one we have thought deeply about. Following our principles of putting the health and safety of our residents, team and family members first, we are confident this is the right approach.
Thank you for your collective efforts to keep everyone safe and healthy at your residence.
Michael Petersen
President & CEO
Levante Living COVID-19 Response
Message from President and CEO Mike Petersen
Across the retirement living sector, Covid-19 has continued to challenge residents, team members and families in 2021. Despite these challenges and through rigorous infection control and vaccination programs, Levante Living was able to achieve outstanding outcomes through the third wave of Covid-19. We experienced two outbreaks with a combined total of 4 positive team member cases during the third wave. Through continued education and leadership support for access to vaccines, 85% of Levante Living team members and 95% of residents have received at least one dose of and approved Covid-19 vaccine. Due to high vaccination rates among residents and team members, there were no lost lives and zero resident cases in the second quarter of 2021. As a result of these outstanding vaccination rates and with the guidance of public health, safe family visits, re-opening of dining rooms and programming have resumed across our residences. We are incredibly proud of the commitment and tenacity of our front line teams as they have work tirelessly to keep our residents safe.
Disclaimer
This document is not intended to provide the basis of any credit or other evaluation, does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities, nor shall any part of this document form the basis of, or be relied on in connection with, any contract or investment decision in relation to any securities.
Forward-Looking Information
This documents contains forward-looking information and are provided for the purpose of presenting information about management’s current expectations and plans relating to the future. Readers are cautioned that such statements may not be appropriate for other purposes. All statements other than statements of historical facts are forward-looking statements and include statements relating to the outlook of the senior living sector and Levante’s anticipated value creation strategy. Forward-looking statements are based upon a number of assumptions and are subject to a number of known and unknown risks and uncertainties, many of which are beyond our control, including the effect of the COVID-19 pandemic on Levante’s financial condition, the senior living sector, and society as a whole, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those expected or estimated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Levante is not under any duty to update any of the forward-looking statements except as otherwise required by applicable legislation.