DHC - Flat Footed LLC Releases Presentation Regarding the Flawed Value-Destructive Merger of Diversified Healthcare Trust and Office Properties Income Trust

Urges Fellow Shareholders of DHC to Visit www.SaveDHC.com to Download the Presentation and Obtain Information Regarding How to Vote AGAINST the Deal on the GOLD Proxy Card

Flat Footed LLC (together with its affiliates, “FFL”), a top shareholder of Diversified Healthcare Trust (Nasdaq: DHC) (“DHC” or the “Company”) and the owner of approximately 9.8% of the Company’s outstanding common shares, today released a presentation detailing why shareholders should reject the proposed merger with Office Properties Income Trust (Nasdaq: OPI) (“OPI”).

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FFL Urges Fellow Shareholders to Vote AGAINST ALL of DHC’s Proposals on the GOLD Proxy Card at the Company’s August 30 ^th Special Meeting.

Voting AGAINST DHC’s Merger with OPI and the Company’s Adjournment Proposal Can Protect the Value of Your Investment.

Visit www.SaveDHC.com for FFL’s Presentation and to Obtain Information on How to Vote the GOLD Proxy Card.

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About Flat Footed

Flat Footed LLC is a special situation, value-oriented investment management firm focused on leveraged, asset-heavy companies with complex capital structures. The Flat Footed LLC team has cumulatively managed $2.8 billion since founding their first fund together in 1999. For more information, visit www.flatfootedllc.com .

View source version on businesswire.com: https://www.businesswire.com/news/home/20230802449909/en/

For Investors:

Flat Footed LLC
ir@flatfootedllc.com

Okapi Partners LLC
Mark Harnett
(212) 297-0720
mharnett@okapipartners.com

For Media:

Longacre Square Partners
Greg Marose / Aaron Rabinovich, 646-386-0091
FFL@longacresquare.com