Promisia Healthcare Limited · NZX:PHL
Promisia Healthcare — Shareholder Meeting (August 2026)
27 slides from Promisia Healthcare's shareholder meeting presentation, Aug 27, 2026
Slide 1: Annual Shareholders' Meeting
Annual Shareholders’ Meeting 27 August 2026 1
Slide 2: Board and Senior Leadership
Board Senior Leadership Rhonda Sherriff Francisco Rodriguez Ferrere Chair and Independent Director Chief Financial Officer Thomas Brankin Graeme Dodd Non-Independent Director1 Chief Operating Officer Tony Mortensen Non-Independent Director Jill Hatchwell Independent Director Craig Percy Independent
Slide 3: Agenda
Agenda Chair’s address Slides 4 – 6 Financial update Slides 7 – 10 Operations update Slides 11 – 14 Proposed acquisition Slides 15 – 20 Shareholder discussion Slide 21 Resolutions Slides 22 – 25 3
Slide 4: Chair's address
Chair’s address Rhonda Sherriff Ranfurly Manor, Feilding 4
Slide 5: A stronger platform for Promisia's next stage
A stronger platform for Promisia’s next stage FY26 was the year the reset translated into results. The focus now shifts to sustaining performance, disciplined capital allocation and growth. FY26 Delivery Operating Platform Strengthened Material improvement across A stronger leadership team, clearer
Slide 6: Disciplined dividend policy
Disciplined dividend policy Underlying EBITDAF Cash-based returns Dividends are assessed from Operating Free Cash Flow, so returns are linked to cash Cash interest & required debt repayments generated by the business. Less: Cash tax Stronger platform Reflects stronger earnings, improved cash Mainten
Slide 7: Financial update
Financial update Francisco Rodriguez Ferrere Chief Financial Officer Golden View Village, Cromwell 7
Slide 8: FY26: focused execution, delivering outperformance
FY26: focused execution, delivering outperformance Material improvement across all key financial and operational metrics, a result of progressing our clear strategic priorities. $40.1m $6.6m $6.4m Operating revenue Underlying EBITDAF Net operating cash flows +29% vs FY25 +58% vs FY25 +87% vs FY25 94
Slide 9: Balance sheet strength supporting next stage of growth
Balance sheet strength supporting next stage of growth A disciplined balance sheet reset 5.7% weighted average interest rate 79% hedged over a 2–4 year profile, We have simplified our funding structure and materially reduced supporting cash flow certainty bank leverage, creating a stronger financial
Slide 10: FY27 Outlook
FY27 Outlook Continued earnings and cash flow growth • We have reaffirmed FY27 underlying EBITDAF guidance of at least $8.0m (+20% YoY growth) • Maintaining group care occupancy at or above 95% across the year • FY27 Operating Free Cash Flow is expected to materially improve • We expect to pay an in
Slide 11: Operations update
Operations update Graeme Dodd Chief Operating Officer Nelson Street, Feilding 11
Slide 12: Operational momentum continues
Operational momentum continues At last year’s AGM, we set out five clear operational priorities: We've begun FY27 with real momentum behind us. Last year these were our five key areas of focus. This year they're delivering. 12
Slide 13: Care, quality and community
Care, quality and community Care and performance go hand in hand A well-run home should perform strongly clinically, operationally and commercially. Strong quality foundations Ranfurly and Golden View audit outcomes reflect the quality of care being delivered across our homes and villages. Community
Slide 14: Our people
Our people Behind every number are the people who make it happen. Managers make the difference Strong leadership at each home and village sets the culture and drives performance. The key three shape the experience The Manager, Clinical Manager and Administrator set how people are treated and made to
Slide 15: Proposed Chatswood acquisition
Proposed Chatswood acquisition 15
Slide 16: Chatswood at a glance
Chatswood at a glance A modern, purpose-built premium retirement village and care home in south-east Christchurch The 100-bed/unit integrated care home and village includes: • 29 hospital-level care rooms, all with full ensuites • 42 care suites • 29 serviced apartments, comprising 1 studio, 17 one-
Slide 17: Chatswood: a strong strategic fit
East Christchurch catchment Chatswood: a strong strategic fit Chatswood extends the regional operating model already established in Feilding and Cromwell into East Christchurch. Regional scale Together, the two sites would provide greater scale, broader resident choice and a stronger position across
Slide 18: Transaction overview
Transaction overview The proposed acquisition has total consideration of $25.0 million, funded through committed bank facilities, existing liquidity and a limited amount of vendor securities. Purchase consideration Funding • $24.0m cash at completion • $15.0m two-year BNZ term facility • $0.5m of PH
Slide 19: Financial impact
Financial impact The proposed acquisition is expected to be accretive to underlying earnings and Operating Free Cash Flow from completion. Earnings and cash flow Valuation and balance sheet • c.$7.0m annualised care fee revenue • $25.0m purchase price compared to $26.2m independent CBRE valuation •
Slide 20: Independent process and shareholder approval
Independent process and shareholder approval Related-party Our Chair, Rhonda Sherriff, is a vendor of Chatswood and the acquisition is therefore a transaction related-party transaction under the NZX Listing Rules. Independent A non-interested Board sub-committee was established to oversee the transa
Slide 21: Shareholder discussion
Shareholder discussion Aldwins House, Christchurch 21
Slide 22: Resolutions
Resolutions Chatswood Retirement Village, Christchurch22
Slide 23: Resolutions: auditor remuneration and director re-elections
Resolutions Auditor Remuneration Resolution 1: That the Directors be authorised to fix the remuneration of William Buck Audit (NZ) Limited, the Company’s auditor, for the ensuing financial year. Director re-elections Resolution 2: That Craig Percy, who retires by rotation and is eligible for re-elec
Slide 24: Resolution: acquisition of Chatswood Retirement Village
Resolutions Acquisition of Chatswood Retirement Village Resolution 4: That the acquisition of Chatswood Retirement Village for $25.0 million, including the related-party transaction and proposed issue of Promisia shares and convertible note as part of the purchase price, be approved. 24
Slide 25: Resolutions: increase to Directors' fee pool
Resolutions Increase to Directors’ Fee Pool Proposed maximum annual fee pool: $350,000 from 1 September 2026 Promisia has grown materially The scale and complexity of the business has increased significantly since the fee pool was last approved in 2020. Board workload has increased Greater committee
Slide 26: 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 27: Promisia Healthcare
Promisia HEALTHCARE 2)
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