Update on independent director search

vitalhealthcareproperty.co.nz
10 September 2019


Update on independent director search

The Board of NorthWest Healthcare Properties Management Limited (the Manager), the manager of Vital Healthcare
Property Trust advises that it has engaged a search firm to assist with the appointment of a new independent director
and the search process is well progressed. It is expected that the appointment will be made by the end of calendar
2019.

The Board of the Manager currently has two independent directors and two non-independent directors. On the
appointment of the new director, the Board will be comprised of a majority of independent directors.

The current Chair of the Board is Bernard Crotty, a representative of NorthWest Healthcare Properties REIT. At an
appropriate time prior to the 2020 annual meeting, it is proposed that one of the independent directors will replace Mr
Crotty as Chair of the Manager.


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ENQUIRIES
Miles Wentworth, Interim Manager
NorthWest Healthcare Properties Management Ltd, Tel +61 3 8656 1517, Email mwentworth@nwhpm.com.au
Stuart Harrison, Chief Financial Officer
NorthWest Healthcare Properties Management Ltd, Tel 09 973 7302, Email sharrison@nwhpm.com.au
Jason Kepecs, Director, Investments & Investor Relations
NorthWest Healthcare Properties Management Ltd, Tel 09 973 7303, Email jkepecs@nwhpm.com.au













About Vital Healthcare Property:

Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality health and medical-related properties
in New Zealand and Australia. Our tenants are hospital and healthcare operators who provide a wide range of medical
and health services.

With a core focus on healthcare real estate, we understand and accommodate the needs of our healthcare tenants.
We operate in a niche segment of the property market, characterised by long weighted average lease terms and high
occupancy rates and with an ageing population across both countries, it’s also one that’s growing.

For more information, visit our website: www.vitalhealthcareproperty.co.nz