Oceania Healthcare Ltd. · NZX:OCA
Oceania Healthcare — Corporate Update (March 2025)
8 slides from Oceania Healthcare's corporate update, Mar 5, 2025
Slide 1: Believe in better. Refinance and Market Update
Believe in better. REFINANCE AND MARKET UPDATE 5 MARCH 2025
Slide 2: FY25 market update
FY25 market update Progress across multiple key strategic areas of the business has been made during 2H25. Banking syndicate reaffirms support Refinance of debt facilities successfully completed on 4 March 2025 at existing levels of $500m effective 1 May 2025. Good demand from existing and new lende
Slide 3: Banking syndicate reaffirms support
Banking syndicate reaffirms support Successfully refinanced debt facilities. Sufficient headroom remains to execute the current development pipeline and provide for future growth. • New syndicated facility agreement negotiated and effective from 1 May 2025 Syndicated banking facility Facility size $
Slide 4: Improving sales momentum
Improving sales momentum Oceania has made good progress on the sell down of unsold stock, with sales momentum improving through 3Q25. • Active management of our $361m of unsold stock (as at 30 Sep 24) remains our biggest lever to reduce debt Sales volumes 1Q25 2Q25 3Q25 YTD Dec New sales 39 50 40 12
Slide 5: Developments
Developments Meadowbank and Franklin developments provide a less capital intensive, more flexible development pipeline allowing a focus on reduction of debt while maintaining flexibility for growth. • Increased levels of occupation, applications and enquiries at the latest stage developments at Awat
Slide 6: Portfolio transition accelerated by targeted divestments
Portfolio transition accelerated by targeted divestments Divestment strategy continues to progress, with further settlements expected throughout HY26. • Seven strategic divestments over the last 18 months have settled across FY25 settlements FY24 and FY25, achieving total proceeds of $45m • Divestme
Slide 7: Business optimisation
Business optimisation Successfully completed $5m cost right sizing program. Currently identifying longer term savings reflecting the right sized support functions post the divestment programmes and optimisation of the business • Completed cost right sizing program announced in HY25, achieving $5m in
Slide 8: Important notice and disclaimer
Important notice and disclaimer This presentation has been prepared solely by Oceania Healthcare Limited agents) for any direct or indirect loss or damage which may be suffered by ("Oceania"). You must read this disclaimer before making any use of this any person through the use of or reliance on an