Ryman Healthcare Ltd. · NZX:RYM
Ryman Healthcare — Shareholder Meeting (July 2021)
34 slides from Ryman Healthcare's shareholder meeting presentation, Jul 29, 2021
Slide 1: Annual meeting
R Y M A N H E A LT H C A R E Annual meeting 29 July 2021 1
Slide 2: Voting and asking questions
Voting and asking questions 2
Slide 3: 2021 annual report
2021 annual report 3
Slide 4: Full year highlights
Full year highlights Underlying profit* of $224.4 million, a decrease of 7.3% Reported (IFRS) profit of $423.1 million, up 59.8% Full year dividend of 22.4 cents per share, reflecting 50% of underlying profit We have now returned more than $1 billion to shareholders since 1999 Cash receipts of $1.18
Slide 5: Cumulative dividends paid
$1,200m Cumulative dividends paid $1,000m $800m € 3 fo) Ste) a $400m $200m TZOT Oz0c 6T0~ 8T0c LV0E 9T0Z STOS vtoc EOS cTO~ TLOS oToc 6007 800 400% 9002 so0c vyooe €007 cO00c TOOc 000z
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Slide 7: Full year underlying profit
Full year underlying profit Underlying profit is a non-GAAP measure and differs from NZ IFRS profit for the period. 7
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Slide 9: Cash receipts from residents
$450m Cash receipts from $400m residents $350m $300m $250m $200m $150m $100m $50m - FY18 Q1 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1 9
Slide 10: Occupation right agreements transacted
Occupation right $300m agreements $250m transacted $200m $150m $100m $50m - FY17Q1 FY18Q1 FY19Q1 FY20Q1 FY21Q1 FY22Q1 Resales New sales Note: Sale of occupation rights represent transactions in respect of new and existing occupation-right agreements. They do not necessarily reflect units that will b
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Slide 15: ae |) eS
— ae |) eS -—John Flynn i! a ie le frie ie prscmcpn Hirghjett a aa
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Slide 17: Development pipeline (July 2021)
Villages Design Consenting Council Construction Village Final Development William Sanders approval open stages pipeline Charles Brownlow Nellie Melba Murray Halberg (July 2021) Linda Jones John Flynn Miriam Corban James Wattie Deborah Cheetham Kevin Hickman Keith Park Aberfeldie Highett Ringwood Eas
Slide 18: Development pipeline (Sept 2018)
Villages Design Consenting Council Construction Village Final Development Nellie Melba approval open stages pipeline Murray Halberg William Sanders Linda Jones (Sept 2018) Miriam Corban John Flynn Coburg Charles Brownlow Aberfeldie Keith Park James Wattie Mt Martha Mt Eliza Karori Park Terrace Debor
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Slide 20: Total assets
$10bn $9bn $8bn Total assets $7bn $6bn $5bn $4bn $3bn $2bn $1bn - 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total assets Interest bearing debt Note: Interest bearing debt represents “interest-bearing loans and borrowings” in the balance sheet and includes secured bank loans, unsubo
Slide 21: Net assets
$3.0bn $2.5bn Net assets $2.0bn $1.5bn $1.0bn $0.5bn - 2015 2010 2011 2012 2013 2014 2016 2017 2018 2019 2020 2021 21
Slide 22: Gross occupancy advances
$4.5bn $4.0bn Gross occupancy advances $3.5bn c a ° oO eo $2.5bn $2.0bn $1.5bn $1.0bn 22
Slide 23: $1.37 billion resales bank
$1,600m $1.37 billion resales bank $1,200m $800m $400m $0m 31-Mar-21 30-Jun-21 Note: The resale bank represents the extent that the current price exceeds the price paid by the current resident for the unit's occupancy rights. 23
Slide 24: Deborah Cheetham, John Flynn, Nellie Melba
Deborah Cheetham Nellie Melba John Flynn Charles Brownlow Weary Dunlop 24
Slide 25: Mulgrave, Melbourne
Mulgrave, Melbourne Site boundary is indicative only 25
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Slide 27: Gregory Campbell
RESOLUTION 2.1 Gregory Campbell Ryman’s constitution and NZX Listing Rule 2.7.1 require that any director appointed by the board must retire from office at the next annual meeting but is eligible to seek election. Director Gregory Campbell retires in accordance with this requirement and offers himse
Slide 28: Geoffrey Cumming
RESOLUTION 2.2 Geoffrey Cumming Under NZX Listing Rule 2.7.1 a director must not hold office past the later of three years and the third annual meeting after their appointment without being re-elected by shareholders. Director Geoffrey Cumming retires in accordance with these requirements and, being
Slide 29: Warren Bell
RESOLUTION 2.3 Warren Bell Under NZX Listing Rule 2.7.1 a director must not hold office past the later of three years and the third annual meeting after their appointment without being re-elected by shareholders. Director Warren Bell retires in accordance with these requirements and, being eligible,
Slide 30: Jo Appleyard
RESOLUTION 2.4 Jo Appleyard Under NZX Listing Rule 2.7.1 a director must not hold office past the later of three years and the third annual meeting after their appointment without being re-elected by shareholders. Director Jo Appleyard retires in accordance with these requirements and, being eligibl
Slide 31: Auditor's remuneration
RESOLUTION 3 Auditor’s remuneration Deloitte is automatically reappointed as the auditor of Ryman under section 207T of the Companies Act 1993. Pursuant to section 207S of the Companies Act 1993, this resolution authorises the board to fix the auditor’s remuneration. 31 31
Slide 32: Directors' fees
RESOLUTION 4 Directors’ fees To approve an increase in the maximum directors’ fees payable to $1,500,000 per annum, such amount to be divided amongst the directors in such proportion and such manner as the directors from time to time determine. 32 32
Slide 33: Annual meeting
R Y M A N H E A LT H C A R E Annual meeting 29 July 2021 33
Slide 34: Disclaimer
Disclaimer This presentation sets out information relating to Ryman Healthcare Limited’s full year result for the period to 31 March 2021 and the 3 month period ending 30 June 2021. It should be read in conjunction with all other material which we have released, or may release, to NZX from time to t