The labor environment is improving although labor is expected to remain a challenge in 2024 with increased turnover, which impacts hotel management continuity, hiring and training expenses. SELECTED INFORMATION SELECTED INFORMATION 2024 SECOND QUARTER OPERATING RESULTS INITIATIVES TO STRENGTHEN FINANCIAL POSITION AND PRESERVE UNITHOLDER VALUE The Board of Directors (the " Board "), together with management, have implemented a plan to strengthen AHIP's financial position and to preserve unitholder value. Initiatives, both planned and underway, are outlined below.