On January 25, 2016, Red Alder announced that he has released an investor presentation, available at www.UnlockCSUValue.com, detailing his views on the opportunities to realize shareholder value at Capital Senior Living Corp. Red Alder stated that the release of the presentation follows the Company's failure to retain a qualified financial advisor to explore strategic alternatives by January 15, 2016, as requested in Red Alders' public letter to the Company calling on the Company to sell itself, which was previously filed on December 10, 2015. In the presentation, Red Alder emphasized that the valuation gap from which the Company suffers and call for the Company to retain a nationally recognized investment bank to explore a sale to a 3rd party that appreciates its true value.