Oceania Healthcare Ltd. · NZX:OCA
Oceania Healthcare — Shareholder Meeting (July 2026)
33 slides from Oceania Healthcare's shareholder meeting presentation, Jul 30, 2026
Slide 1: Annual Shareholders' Meeting July 2026
For personal use only Annual Shareholders’ Meeting July 2026
Slide 2: Agenda
Agenda For personal use only 1 Welcome 2 Annual Report and Financial Statements 3 Chair’s Address 4 CEO’s Address 5 Resolutions 6 Other Business 1
Slide 3: Oceania's Board of Directors
Oceania's Board of Directors Oceania is governed by an experienced and independent Board that balances continuity with renewal, providing the leadership and oversight needed to guide transformation and progress the company’s strategy For personal use only Alan Isaac Gregory Tomlinson Dame Kerry Rob
Slide 4: Oceania's Executive Leadership Team
Oceania’s Executive Leadership Team Our executive team pairs long-standing operational and care expertise with the commercial capability to drive Oceania's next phase For personal use only Kathryn Sarah Fiona Gareth Waugh Miller Cameron Wright Chief Financial Officer Chief Legal and Corporate Chief
Slide 5: How to vote
How to vote Voting online For personal use only • Resolutions are put forward once voting is declared open — the voting options will then appear • Select Vote, then choose your voting direction from the options shown on screen • Your vote has been cast when the green tick appears • To change your vo
Slide 6: How to participate in this meeting (Q&A)
How to participate in this meeting (Q&A) Online questions For personal use only • Select Q&A on your screen at any time during the meeting • Type your question into the box and press ‘Send’ • Your question is sent straight to the moderator • Q&A can also be used for help - a Computershare representa
Slide 7: Further Information
Further Information For personal use only Apologies An apology has been received from Alan Isaac. Are there any apologies that anyone would like to have recorded? Annual Report Contains the Financial Statements and Auditor's Report for the year ended 31 March 2026. Proxies A number of shareholders h
Slide 8: Chair's Address: Elizabeth Coutts
Chair’s Address: Elizabeth Coutts For personal use only Waterford, Auckland 7
Slide 9: Our residents and our people
Our residents and our people Engaged teams deliver better care - and better care signals a healthy business 3,900+ ~2,200 For personal use only residents team members 79.5% Care residents who maintained 70% Employee engagement or improved wellbeing +33 Resident vs 65% New Zealand healthcare Net Prom
Slide 10: Sustainability
Sustainability Every environmental and social financing target met - and the first retirement village in New Zealand to achieve a 4 Star Green Star Communities rating 1 For personal use only Care residents maintaining or Franklin Village improving wellbeing Stage 1 Connected care 1 designed to 79.5%
Slide 11: A stronger balance sheet established
A stronger balance sheet established A more resilient balance sheet to support the business through the current market cycle and beyond For personal use only Net debt reduced by $121m to $507m in FY26 – $725m of facilities with ~$200m of headroom – development debt coverage key to reducing debt dive
Slide 12: A transformed portfolio
A transformed portfolio What has changed since Oceania listed in 2017 Portfolio footprint ✓ Deliberate rebalancing $3.1b 30 3,937 ~1,270 For personal use only Care and village living close to evenly balanced, 80% under an occupation right agreement Total Assets Sites Units Pipeline ✓ Disciplined cap
Slide 13: Our Strategic Framework
Our Strategic Framework Launched at our Investor Day in September 2025 For personal use only FY25 – FY27 Priorities Strengthening our foundations for growth 1. Sales Performance 2. Business Excellence 3. Capital Management FY27 – FY31 Strategic Objectives Sustainable growth, disciplined execution 1.
Slide 14: Strong alignment of Executive Incentives and Shareholder Value
Strong alignment of Executive Incentives and Shareholder Value Short and long term incentives align senior management remuneration to performance and Shareholder returns For personal use only SHORT TERM INCENTIVE LONG TERM INCENTIVE Rewarding a return to positive Free Cash Flow Rewarded only through
Slide 15: Risk Management
Risk Management The Board continues to closely monitor and manage risks in an increasingly complex and dynamic environment For personal use only Safety and quality of care - Clinical governance and resident outcomes Regulatory change - Retirement Villages Act review and sector reform Cyber security
Slide 16: Renewing your Board
Renewing your Board Deliberate and orderly succession, assessed mix of skills and experiences required Sarah Ottrey For personal use only Sally Evans Independent Director Independent Director BCom, CFInstD BHSc, MSc, FAICD, GAIST Joined 2026 Joined 2018. Retiring 2026 • Appointed February 2026 • Ret
Slide 17: For personal use only
For personal use only Oceania’s commitment to high quality, person-centred care - increasingly supported by new tools and technology - is both our purpose and our opportunity
Slide 18: CEO Address: Suzanne Dvorak
CEO Address: Suzanne Dvorak For personal use only The Bayview, Tauranga 17
Slide 19: FY26 – A year of focused delivery
FY26 – A year of focused delivery Oceania reported a record underlying result for the financial year ended 31 March 2026 H O W W E R E F R E S H E D O U R S T R AT E G Y F I N AN C I AL H I G H L I G H T S For personal use only Scored every site against five criteria DCF scale Valuation vs book Cash
Slide 20: Record FY26 sales - turning stock into cash
Record FY26 sales - turning stock into cash Achieving 603 settlements - our highest sales volume on record, up 16% on FY25 201 402 For personal use only New Sales Resales units units A record, up 9% on FY25 A record, up 20% on FY25 Franklin Meadowbank Ōrākei building 84% 1 70% 1 ILU sold or under ap
Slide 21: A leaner, more profitable business
A leaner, more profitable business Well positioned for sustained earnings growth Cost Savings $13.2m For personal use only Structural savings delivered in FY26, annualising to $20m in FY27, with a $30m FY27 target including cash savings Care Profitability $27k Care earnings per occupied bed1, up 40%
Slide 22: A more focused, stronger Oceania
A more focused, stronger Oceania A team of 2,200 people and 3,900+ residents - a focused, more capable organisation supporting them Our Values For personal use only A more capable team Smaller than a year ago, better supported, with investment in leadership and systems We’re one team One leader at e
Slide 23: Development pipeline
Development pipeline Flexibility in pipeline to develop to market conditions with a mix of premium, high density and broadacre options FY27 DELIVERY Consented pipeline additions at existing, operational villages For personal use only Franklin (stage 2) - 28 ILU AU C K L AN D Lady Allum · Milford | T
Slide 24: FY27 priorities
FY27 priorities For personal use only Sell-down unsold stock and further reduce debt Positive Free Cash Flow from Operations $30m cost discipline Develop 81 units Continue to refine the portfolio
Slide 25: Questions
For personal use only Questions 24
Slide 26: Resolutions
Resolutions For personal use only The Sands, Auckland 25
Slide 27: Resolution 01. Re-election of Elizabeth Coutts
Resolution For personal use only 01. Re-election of Elizabeth Coutts: That Elizabeth Coutts, who retires by rotation and is eligible for re- election, be re-elected as a director of the Company 26
Slide 28: Resolution 02. Election of Sarah Ottrey
Resolution For personal use only 02. Election of Sarah Ottrey: That Sarah Ottrey be elected as a director of the Company 27
Slide 29: Resolution 03. Auditor's remuneration
Resolution For personal use only 03. Auditor’s remuneration: That the directors be authorised to fix the auditor’s remuneration for the ensuing year 28
Slide 30: Resolution 04. Shareholder proposal
Resolution For personal use only 04. Shareholder proposal: That shareholders recommend that the Board commission an independent strategic review of Oceania Healthcare, with the objective of identifying options to maximise shareholder value and to address the long-standing discount of the Company’s s
Slide 31: Voting has now closed
For personal use only Voting has now closed
Slide 32: General Business
General Business For personal use only Questions from the floor and online Please state your name, whether you are a shareholder, or a proxy holder, the name of the shareholder represented 31
Slide 33: Thank you
For personal use only Thank you