Radius Care Appoints New CEO

1 February 2022

Radius Care Appoints New CEO

Radius Care Limited (NZX: RAD) is pleased to announce the appointment of Andrew
Peskett as its new Chief Executive Officer (CEO), effective today, 1 February 2022.

Andrew brings extensive experience in the retirement village and aged care industry,
having previously been a senior executive at Metlifecare, a leading New Zealand
retirement village operator with total assets in excess of $4 billion. After several years
working in large London law firms, Andrew returned to New Zealand and joined
Metlifecare in 2007, holding roles including Acting Chief Executive Officer, GM Corporate
Services, Acting GM Operations and General Counsel & Company Secretary.

Andrew played a significant role in the transition of Metlifecare from listed to private
ownership under its new owners, EQT. After helping to design and implement the
company’s post-takeover strategic plan, Andrew joined Radius Care as Special Projects
Lead in November 2021.

Radius Care’s Executive Chair and Managing Director, Brien Cree said “Andrew’s expertise
in retirement villages and proven record as an energetic and results-driven leader will be
invaluable to Radius Care as we execute our near-term opportunities and planned growth
strategy. He will lead key elements of this strategy including increased ownership of our
existing care homes and greenfield and brownfield projects to widen the offering to
Radius customers by providing more independent living Occupation Right Agreements
(ORAs). Another key element will be portfolio optimisation including increased premium
charging and the provision of ORAs on care suites.”

Andrew added “I am delighted to accept the role of CEO at Radius Care and am looking
forward to leading the company through its next phase of growth. Radius Care’s vision
statement is Exceptional People, Exceptional Care (EPEC). I absolutely support this
philosophy and see it as being key to providing long-term, sustainable shareholder value.”

For further information, please contact:
Brien Cree
Executive Chair and Managing Director
Phone: +64 21 955 769
Email: brien.cree@radiuscare.co.nz

Ends.

About Radius Care
Radius Care was founded in 2003 and operates in the New Zealand aged care and
retirement village sectors. It is a nationwide provider offering the full range of
accommodation and care options giving residents the ability to "age in place".
Today, Radius Care operates 23 aged care facilities, of which it owns eight and
leases 15. It also owns and operates four retirement villages and an online shop for
specialist assisted-living products. The company employs over 1,600 people,
including highly qualified healthcare staff who are committed to providing the very
best in nursing care. Radius Care listed on NZX in December 2020. For more
information visit radiuscare.co.nz or check out our Facebook page @RadiusCareNZ.