Promisia Healthcare Limited · NZX:PHL
Promisia Healthcare — Shareholder Meeting (August 2025)
26 slides from Promisia Healthcare's shareholder meeting presentation, August 2025
Slide 1: Annual Shareholders' Meeting
Promisia Healthcare Annual Shareholders’ Meeting August 2025 1
Slide 2: Board and Senior Leadership
Board Senior Leadership Rhonda Sherriff Francisco Rodriguez Ferrere Chair Chief Financial Officer Thomas Brankin Graeme Dodd Executive Director Chief Operating Officer Standing for re-election Tony Mortensen Non-Independent Director Craig Percy Non-Independent Director1 Jill Hatchwell Independent Di
Slide 3: Agenda
Agenda Chair’s address Slides 4 – 6 Financial update Slides 7 – 11 Operations update Slides 12 – 18 Shareholder discussion Slides 19 Resolutions Slides 20 – 21 Appendices Slides 22 – 24 3
Slide 4: A Year of Change, a Strategy for Growth
A Year of Change, a Strategy for Growth Rhonda Sherriff - Chair Golden View Village, Cromwell 4
Slide 5: Laying the foundation for Promisia's next chapter
Laying the foundation for Promisia’s next chapter A Year of Transformation Cromwell acquisition, Eileen Mary sale, reset of strategic direction Improved Financial Position Capital raise, debt refinance, stronger balance sheet Stronger Operational Foundations Staff stability, improved occupancy, mana
Slide 6: Our Strategic Vision for a Stronger Promisia
Our Strategic Vision for a Stronger Promisia Connected communities Our Aspiration where people feel cared for, included and valued Vision A trusted and sustainable provider of quality people-care in the communities we serve People Delivery Occupancy Diversification Growth Expert governance; An integ
Slide 7: Delivering Results: A Year of Execution
Delivering Results A Year of Execution Francisco Rodriguez Ferrere Chief Financial Officer Golden View Village, Cromwell 7
Slide 8: Strong Financial Performance in FY25
Strong Financial Performance in FY25 Underlying EBITDAF +11.5% YoY Operating revenue increased to $31.1m, up 37% year-on-year $4.19m $4.10m Underlying EBITDAF1 lifted to $4.19m, $3.76m up 11.5% from FY24 Mar 23 Mar 24 Mar 25 NTA per share Total assets increased to $172m, a 104% +72% over 2 yea
Slide 9: Capital Execution and Balance Sheet Reset
Capital Execution and Balance Sheet Reset Key capital and financing activity What it delivered All interest-bearing debt now Refinanced second-tier debt consolidated with BNZ Senior Trust ($6.5m) and Teltower ($3.8m), including $800k early repayment discount LTV improved from 55.6% → 42.9% Renewed a
Slide 10: Positioned for Strong Earnings Growth in FY26
Positioned for Strong Earnings Growth in FY26 Our market guidance is grounded by five levers that are already in motion: 1. Nelson Street Dementia Wing 2. Ranfurly Care Suite sell-down Conversion completed in June 50% sold as at March; momentum growing Driving higher acuity revenue and occupancy upl
Slide 11: Disciplined Capital Allocation, Investing in Long-Term Value
Disciplined Capital Allocation, Investing in Long-Term Value We are allocating capital across four focus areas: Advancing Ownership of Golden View Village Targeted Value-Add Capex $180k/month interest-free payments toward full High-return investments in our facilties, e.g. ownership. $2.16m p.a. dir
Slide 12: Strengthening Operations, Delivering on Strategy
Strengthening Operations, Delivering on Strategy Graeme Dodd Chief Operating Officer Ranfurly Manor, Feilding 12
Slide 13: Every Bed is a Promise
Every Bed is a Promise Why it matters • Every time we admit a resident we also admit their family and friends to our community. They deserve care that is personal, respectful, and dependable • Our reputation is built one bed at a time — consistently great care across all sites is key • A strong care
Slide 14: Lift and Hold Occupancy
Lift and Hold Occupancy Why it matters • Occupancy is the single biggest driver of care revenue and cashflow • Small shifts in occupancy materially affect profitability and asset value What we’re doing • Actively marketing and promoting our sites which require an uplift in occupancy • Focusing on br
Slide 15: Perfect the Recipe
Perfect the Recipe Why it matters • Promisia’s best-performing sites share common ingredients: strong, long-standing leadership, good bed mix, disciplined rostering, and proactive care • Codifying these elements helps us replicate success — not rely on chance or personalities • Consistency supports
Slide 16: Operational Excellence
Operational Excellence Why it matters • Sustained performance relies on the right people, systems and disciplines to deliver consistent, replicable outcomes • The right operational tools increase visibility, reduce risk, free up staff and leadership time and ultimately improve resident care • Scalab
Slide 17: Positioned for Growth
Positioned for Growth Why it matters • The number of New Zealanders aged 80+ is expected to double over the next decade • Promisia is building the people, platform, systems and financial strength to scale deliberately • We must grow in a way that strengthens – rather than compromises our foundations
Slide 18: Driving Operational Momentum
Driving Operational Momentum 18
Slide 19: Shareholder discussion
Shareholder discussion | ~ _ >
Slide 20: Resolutions
Resolutions Ranfurly Manor Village, Feilding 20
Slide 21: Resolutions
Resolutions Auditor reappointment Resolution 1: To record the re-appointment of William Buck New Zealand as auditor of the Company and to authorise the Directors to fix the auditor’s remuneration for the ensuing year Director re-elections Resolution 2: That Jill Hatchwell, who was appointed as a Dir
Slide 22: Appendix: Our portfolio at a glance
Appendix: Our portfolio at a glance Five 600+ 400+ Communities Residents Incredible staff Feilding Care suites / Facility Care beds Villas Ranfurly Manor Apartments Nelson Street Ranfurly Manor 104 57 38 Nelson Street 47 - - Christchurch Aldwins House 144 - - Aldwins House Golden View 60 19 102 Crom
Slide 23: Appendix: Cromwell Acquisition - Stage 1
Appendix: Cromwell Acquisition - Stage 1 Completed August 2024 Purchase price of freehold assets: $14m • Golden View: $10m • Ripponburn: $4m Freehold assets acquired: • Golden View care facility Funded by way of: • Golden View apartments • $7.5m of bank debt (new BNZ facility) • Ripponburn facility
Slide 24: Appendix: Cromwell Acquisition - Stage 2
Appendix: Cromwell Acquisition – Stage 2 Freehold acquisition of the Golden View village and recreational facilities Timing: To complete on 29 August 2028 – following the end of the four year lease period. Purchase price: $19.35m Funded by way of: • $6m of interest-free convertible notes to vendor •
Slide 25: Disclaimer
Disclaimer This presentation has been prepared by Promisia Healthcare Limited (“PHL”). The information in this presentation is of a general nature only. It is not a complete description of PHL. This presentation is not a recommendation or offer of financial products for subscription, purchase or sal
Slide 26: Promisia Healthcare
Promisia HEALTHCARE 2)
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