Oceania Healthcare Long Term Executive Incentive Scheme

OCEANIA HEALTHCARE

2 Hargreaves Street, St Mary’s Bay, Auckland 1011
PO Box 9507, Newmarket, Auckland 1149, New Zealand
P +64 9 361 0350 F + 64 9 361 0351
www.oceaniahealthcare.co.nz



23 NOVEMBER 2020


OCEANIA HEALTHCARE LONG TERM EXECUTIVE INCENTIVE SCHEME

Oceania Healthcare Limited (NZX/ASX: OCA) (Oceania) advises that the Board has approved a new
Long Term Incentive Scheme for its senior executives (LTI Scheme). The LTI Scheme has been
established to:
• provide an incentive to key executives to commit to Oceania for the long term; and
• align these executives’ interests with the interests of Oceania’s shareholders.
Participants in the Scheme will be granted share rights from time to time which will, on vesting, convert
into an entitlement to receive ordinary shares. Vesting will depend on achievement of certain
performance hurdles relating to Oceania’s total shareholder return relative to the NZX50, and Oceania’s
performance against EBITDA targets.

ENDS

For further information please contact:
Liz Coutts
Chair
Oceania Healthcare Limited
0800 333 688