Oceania Healthcare Ltd. · NZX:OCA
Oceania Healthcare — Shareholder Meeting (August 2019)
26 slides from Oceania Healthcare's shareholder meeting presentation, Aug 29, 2019
Slide 1: Annual General Meeting for the Financial Year Ended 31 May 2019
- Annual General Meeting - ~ ae ' for the Financial Year Ended 31 May 2019 * ae 7 = Lf The Sands 29 August 2019 HEALTHCARE (completed in May 2019)
Slide 2: Agenda
View from Stage 4 at Meadowbank Village (completed in.FY2019) OCEANIA 2 rT HEALTHCARE Agenda 01 02 03 04 05 06 Welcome Introduction to Directors & Management Chair’s Address CEO’s Address Business of Meeting Other Business
Slide 3: Oceania's Directors
e e ? Oceanta’s Directors OCEANIA HEALTHCARE Oceania has a highly experier ard with a diverse range of skills . dia din £ i : Alan Dame Kerry Hugh Patrick Sally Greg - ISAAC PRENDERGAST FITZSIMONS McCAWE EVANS TOMLINSON Liz COUTTS Independent Independent Non-Executive Non-Executive Independent Non-E
Slide 4: Chair's Address - Liz Coutts
Slide 5: New units and Care Suites delivered in FY2019
OCEANIA 2 rT HEALTHCARE 272 new units and Care Suites delivered in FY2019 at The BayView, Meadowbank and The Sands
Slide 6: Post Balance Date
Post Balance Date OCEANIA 2 rT HEALTHCARE 90 Care Suites completed at Awatere (Hamilton) and Resource Consent received for Waimarie Street in St Heliers, Auckland. Stage 1- Completed Awatere a P, Hamilton 90 Care Suites af 3 Resource Consented Waimarie St Auckland 76 31 Apartments _ Care Suites
Slide 7: CEO's Address
CEO’s Address a. F Meadowbank, Stage 5 (commenced in FY2019) Earl Gasparich
Slide 8: FY2019 Financial Highlights
HEALTHCARE FY2019 Financial Highlights 3 OCEANIA Reported NPAT noe, Reported NPAT $31.6m (41.0%) lower than 77.0 FY2018 * — Includes increases in fair value of investment property 44.9 45.4 * Excludes increases in fair value of property, plant a 7 _ FY2017 FY2018 FY2019 Underlying NPAT from continui
Slide 9: Care Segment
Care Segment OCEANIA HEALTHCARE As we redevelop our premium sites, there will be a period where the earnings derived from those sites rec due to rooms being decommissioned, and we also incur operating costs as new centres are established Aged Care Underlying EBITDA NZ$m FY2018 FY2019 Operating reven
Slide 10: FY2019 Financial Highlights
HEALTHCARE FY2019 Financial Highlights Gp oceans Operating Cash Flow Neen ms New operating cash flow $7.1m (8.6%) higher than FY2018 89.3 82.2 39.5 38.9 FY2016 FY2017 FY2018 FY2019 Total Assets Total assets $1.4bn at FYE2019 (22% higher NZ$b than FY2018) 7 14 e Total net debt $248.2m at FYE2019 0.9
Slide 11: Full Pipeline
4.6% 7.0% FY2017 5.6% 9.1% FY2018 8.2% 14.1% FY2019 10.4% 20.2% 32.2% FY2020 30.1% 25.4% 18.0% FULL PIPELINE D> OCEANIA 2 rT HEALTHCARE Premium Villas & Apartments Care Suites PAC Beds Standard Beds Standard Villas & Apartments 10
Slide 12: Our Developments
Our People
Slide 13: Our People
Slide 14: Increasing Development Capex
OCEANIA 2 Hy HEALTHCARE Increasing Development Capex Construction Capital Expenditure (IP and PPE) Resulting Deferred Management Fees and Development Margin NZDm NZDm 41.5 37.6 10.9 i i ~ _ 0.9 1HY2017- 2HY2017_—«1HY2018 = 2HY2018 = IHY2019._ 2HY2019 1HY2017 2HY2017 1HY2018 2HY2018 1HY2019 2HY2019 m
Slide 15: Awatere, Hamilton
OCEANIA HEALTHCARE Awatere, Hamilton @ Awatere Hamilton Completed Scheduled to commence July 2019 FY2020 90 | 63 Care Suites Apartments
Slide 16: Green Gables, Nelson
OCEANIA 3 HEALTHCARE Green Gables, Nelson Green Gables Nelson Scheduled to complete in FY2020 Apartments Care Suites 15
Slide 17: Meadowbank, Auckland
HEALTHCARE Meadowbank, Auckland @ OCEANIA Meadowbank Auckland Scheduled to complete in FY2020 26 Apartments.
Slide 18: Windermere, Christchurch
Windermere, Christchurch OCEANIA HEALTHCARE Windermere Christchurch Scheduled to complete in FY2021 ® 6 22 71 Apartments Care Suites
Slide 19: Stage commenced construction in December 2018
Stage 2 commenced construction in December 2018. Stage 2 Scheduled to complete in FY2021 Community Centre 18
Slide 20: Gracelands, Hastings
Gracelands, Hastings OCEANIA HEALTHCARE Gracelands Hastings Scheduled to complete in FY2020
Slide 21: Our Development Pipeline
HEALTHCARE Our Development Pipeline Gp ocenns Status of Development Pipeline e 1 ’ 3 6 Oo 1 9 9 Oo 3 Units & beds consented Units & beds in the pipeline 543 Units 342 Units 28.5% | 18.0% 71.5% consented or under construction 1,018 Units = Under Construction =Consented = Planned 20
Slide 22: Planned Developments
HEALTHCARE Planned Developments @ OCEANIA Eden 49 Auckland Apartments Lady Allum Auckland 137 120 Apartments Care Suites 21
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Slide 24: Resolutions
Resolutions That Patrick McCawe, who retires by rotation, and being eligible, offers himself for re-election, be re-elected as a director of the Company. That the Directors be authorised to fix the remuneration of PricewaterhouseCoopers as the auditor of the Company for the ensuing year. OCEANIA a H
Slide 25: General Business
HEALTHCARE General Business Gp ose Please state your name, whether you are a shareholder, or if a proxy holder, the name of the shareholder represented 24
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