Vital Healthcare Property Trust · NZX:VHP
Vital Healthcare Property Trust — Shareholder Meeting (November 2023)
32 slides from Vital Healthcare Property Trust's shareholder meeting presentation, Nov 9, 2023
Slide 1: Annual Meeting 9 November 2023
. V I ta | HEALTHCARE PROPERTY TRUST Managed by Northwest Annual Meeting i 9 NOVEMBER 2023 dy ; i
Slide 2: Questions
Questions ASKING QUESTIONS WRITTEN QUESTIONS Questions may be submitted ahead of the meeting. If you have a question to submit during the live meeting, please select the Q&A tab on the right half of your screen at anytime. Type your question into the field and press submit. Your question will be imm
Slide 3: Voting
Voting SHAREHOLDER AND PROXYHOLDER VOTING Once the voting has been opened, the resolutions and voting options will allow voting. To vote, simply click on the Vote tab, select your voting direction from the options shown on the screen. You can vote for all resolutions at once or by each resolution. Y
Slide 4: Meeting Agenda
Meeting Agenda Introduction from the Independent Chair of the Meeting Address by the Independent Chair of the Manager Address by the Fund Mana Address from Vital's Superviso cutors Limited Questions lection of Dr. Michael Stanfo All amounts are in NZD unless otherwise shown All numbers shown as at 3
Slide 5: Board of the Manager
Board of the Manager VITAL’'S MANAGER HAS AN INDEPENDENT CHAIR AND A MAJORITY OF INDEPENDENT DIRECTORS Graham Stuart Mike Brady! Angela Bull! Craig Mitchell! Dr. Michael Stanford! Independent Chair Director Independent Director Director Independent Director "attending virtually VITAL HEALTHCARE PROP
Slide 6: In Attendance
In Attendance IN PERSON OR VIRTUALLY ANAGEMENT TEAM PERVISOR, AUDIT AND LEGAL Aaron Hockly Stuart Howard Fund Manager - Vital Trustees Executors Limited (Vital's Supervisor) Chris Adams Raveen Kaur Joint-Head A/NZ Region! Trustees Executors Limited (Vital's Supervisor) Vanessa Flax Andrew Boivin Ros
Slide 7: Address by the Independent Chair of the Manager
Address by the Independent Chair of the Manager Graham Stuart Independent Chair 8.3 a J - vO —EE™
Slide 8: Key events over FY23 and FY24 to date
Key events over FY23 and FY24 to date srceess Gut Da rrrterier TNFINZ aaah ese teaser 2008 FOUNDATION GOVERNANCE AND OTHER INITIATIVES THAT BENEFIT UNITHOLDERS JULY 2022 FEBRUARY 2023 FY24 (TO DATE) > A$47.1m' Playford Health » A$140m! RDX commenced pleted to repay debt Hub (Stage 2] commenced const
Slide 9: Address by the Fund Manager
Bb. Address by the Fund Manager Aaron Hockly Fund Manager - Vital
Slide 10: Overview of Vital
Overview of Vital! VITAL IS THE ONLY SPECIALIST HEALTHCARE LANDLORD LISTED ON THE NZX Vital Healthcare Property Trust (Vital) is: : 19.4yea rs Third largest NZX listed property group; Externally managed by a subsidiary of Toronto- listed, global healthcare real estate owner and TeneiToRY ~$3.3bn man
Slide 11: Portfolio Highlights
Portfolio Highlights VITAL HAS A HIGH-QUALITY, HIGH ACUITY PORTFOLIO WHICH IS BEING ENHANCED BY NON-CORE ASSET SALES AND CAPITAL WORKS NZ 2 2 (0) Removal / mitigation of m revious key risks notabl PI y ly Sportsmed restructure including extending lease term to 25 years non-core asset sales completed
Slide 12: 5-Star GRESB Rating for Development
5-STAR GRESB GRESB GLOBAL SECTOR SECOND PLACE FOR RATING FOR LEADER (1ST PLACE) DEVELOPMENTS IN DEVELOPMENT FOR DEVELOPMENT LISTED FOR ALL BENCHM ARK BENCHM ARK (LISTED ENTRANTS AND NON LISTED (OCEAN A) HEALTHCARE GLOBALLY )
Slide 13: 8.1% increase in AFFO over FY23
8.1% ▸ increase in AFFO over FY23 ▸
Slide 14: 2023 Silver and Finalist Communications Award
2023 SILVER AND FINALIST COMMUNICATIONS AWARD ▸ ▸ ▸ ▸ ▸
Slide 15: Vital acknowledged as sector leader for ESG in healthcare
VITAL ACKNOWLEDGED AS SECTOR LEADER FOR ESG IN HEALTHCARE FOR LISTED ENTITIES GLOBALLY
Slide 16: Comparative Returns
Comparative Returns VITAL MAINTAINS LONG-TERM OUTPERFORMANCE VS BENCHMARK ON A TOTAL RETURN! BASIS SIN' TOTAL RETURN TO 30 SEPTEMBER 2023 P.A pensewmvonsornnn | | ow] | INGERLCN Long-term outperformance versus both -13.3% 3.6% 8.9% 10.4% the NZX50 and the NZX Real estate Index highlights the resilie
Slide 17: Address from Trustees Executors Limited (Vital's Supervisor)
Address from Trustee Executors Limited (Vital's Supervisor) RDX, Queensland
Slide 18: The Role of the Supervisor
Slide 19: Trustees Executors' Group of Companies
Trustees Executors’ Group of Companies The oldest continually registered Company in New Zealand – incorporated 6 July 1881 Sterling Grace (NZ) Limited Trustees Executors Limited 100% owned by Sterling Grace (NZ) Limited The oldest continually registered Company in 33 other subsidiaries New Zealand –
Slide 20: Supervised Entity Investors
Supervised Entity Investors
Slide 21: Managed Investment Schemes and Non-Bank Deposit Takers
Managed Investment Non-Bank Schemes Deposit Takers KiwiSaver, Managed Funds, Finance Companies, Super Schemes and Credit Unions & Property Funds Building Societies Corporate Trustee Debt Issuers Asset Services Securitisation Corporate Notes and Independent Licensed Bonds (Listed) & Including Asset T
Slide 22: Financial Markets Supervisors Act 2011
Financial Markets Supervisors Act 2011 Trustees Executors Limited is licensed by the Financial Markets Authority as a Supervisor under the Financial Markets Supervisors Act 2011 (FMS Act) FMS Act Section 3: Purpose * To protect the interests of product holders to enhance investor confidence in inves
Slide 23: Empowered Frontline Supervisor
Empowered Frontline Supervisor * FMA guidance note: FMA Guidance Note - Monitoring by Supervisors - June 2013 * We must be sufficiently empowered to do our job. * We have a duty to provide a professional standard of care and act in the best interest of investors. ° What this means: v Governing docum
Slide 24: The Supervisory Framework for Northwest
The Supervisory Framework for Northwest * Trustees Executors Limited (TEL) has been the Supervisor (and previously, Trustee) for the Vital Healthcare Property Trust (Trust) since 1994. * Financial Markets Supervisors Act 2011 - applies to TEL as a licensed Supervisor. * Financial Markets Conduct Act
Slide 25: What clients expect of the supervisor
What clients expect of the supervisor * Going beyond compliance. * Help clients to meet their legislative obligations. * Bea trusted advisor / partner to their business. * Be proportionate and risk- based in our expectations and treatments. * Consult with clients on issues affecting them and the wid
Slide 26: What do we expect of our supervised entities?
What do we expect of our supervised entities? * Take a partnership approach, and work together with TEL as Supervisor. * Practice the principles of good conduct. * Demonstrably put investors’ interests first. * Be willingly compliant. * Voluntarily raise standards above the minimum. * Recognise and
Slide 27: Annual Meeting Statements
Annual mlatelatelte] Statements
Slide 28: Re-election of Dr. Michael Stanford
Re-election of Dr. Michael Stanford Dr Michael Stanford AM Independent Director
Slide 29: Voting
Voting RESOLUTION 1 - THAT MICHAEL STANFORD BE APPOINTED AS AN INDEPENDENT DIRECTOR OF NORTHWEST HEALTHCARE PROPERTIES MANAGEMENT LIMITED, THE MANAGER OF VITAL HEALTHCARE PROPERTY TRUST Vote Type % of Units Voted % of Total Units 430,057,525 95.93 64.29% Against 7,454,652 1.66 1.11% Discretionary 10
Slide 30: General Business
General Business
Slide 31: Closing Remarks
Closing Remarks Thank you for attending today’s Annual Meeting
Slide 32: Disclaimer
Disclaimer This presentation hos been prepared by Northwest Healthcare Properties Management Limited (the "Manager') as manager of the Vital Healthcare Property Trust (the "Trust). The detoils in this presentation provide general information only. It isnot intended as investment, legal, fax or finan
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