Third Age Health establishes a Dividend Reinvestment Plan

19 May 2022
Third Age Health establishes a Dividend Reinvestment Plan

Third Age Health Services Limited (NZX: TAH) advises that it has approved the establishment of a
Dividend Reinvestment Plan (“Plan”).

Under the Plan, Shareholders may elect to reinvest the net proceeds of cash dividends, payable on
all or some of their fully paid ordinary shares in TAH, by acquiring further fully paid shares, free of
brokerage charges. Any shareholder who does not choose to participate in the Plan will continue to
receive cash dividends.

Attached to this announcement is the Offer Document (including a letter from the Chair) and the
Participation Form. The Offer Document provides the options available to you, the key features of
the Plan and presents some commonly asked questions. The Participation Form allows you to elect
to participate in the Plan.

The Plan will apply with respect to the next dividend, the final dividend for the year ended 31 March
2022. If you wish to participate in the Plan for the forthcoming dividend, please complete the
Participation Form and return to our registry on or before 5 pm on Thursday, 9 June 2022.
Completion details are on the Participation Form.



Authorised for issue by:

Bevan Walsh
Chair



For more information, please contact:
Ruth Morse, Head of Communications, Marketing and Engagement – Third Age Health
+64 21 263 1415
ruthm@thirdagehealth.co.nz



About Third Age Health
Third Age Health is the leader in providing quality health care services for older people including
those living in retirement villages, private hospitals, secure dementia units as well as in communities
across New Zealand. A dedicated Third Age Health clinical team provides onsite clinics, rostered
rounds and after hours on-call healthcare services aimed at supporting the health and wellbeing of
older people to improve quality of life. As well as providing clinical services for over 50 aged care
facilities throughout New Zealand, Third Age Health owns several general practices providing
primary healthcare to their local community. www.thirdagehealth.co.nz

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Contents















DIVIDEND REINVESTMENT PLAN


THIRD AGE HEALTH SERVICES LIMITED


OFFER DOCUMENT

19 MAY 2022













THIS DOCUMENT IS IMPORTANT
If you do not understand it or are in any doubt as to how to act you should
consult your financial adviser.

Contents

CHAIR'S LETTER ......................................................................................................................... 1
OPTION 1 .................................................................................................................................. 2
OPTION 2 .................................................................................................................................. 3
1 KEY FEATURES OF THE PLAN ........................................................................................... 4
2 COMMONLY ASKED QUESTIONS ..................................................................................... 5
3 TERMS AND CONDITIONS ................................................................................................ 6
4 DEFINITIONS .................................................................................................................. 14

Third Age Health Services Limited
Dividend Reinvestment Plan
Offer Document

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CHAIR'S LETTER
19 May 2022
Third Age Health is pleased to present its dividend reinvestment plan (also referred to as “DRP” and
“Plan”), which gives you an opportunity, at your election, to reinvest some or all of the net proceeds
of any cash dividends payable on your Shares in additional Shares of the Company. Dividend
reinvestment plans are fairly commonplace among listed companies and provide shareholders with a
way to increase their investment in a company free of brokerage charges.
This offer document explains the options available to you, the key features of the Plan and presents
some commonly asked questions.
Participation in the Plan is entirely optional. If you wish to increase your investment in the Company,
you can enrol in the Plan, and we will reinvest the net proceeds of cash dividends payable on your
Shares in additional Shares. You may participate in respect of all or some of your Shares.
Shares issued under the Plan will be issued at the prevailing market price, or at a discount to the
market price the Board may apply at its discretion, at any time a dividend is declared.
For details of previous dividends paid go to: https://www.thirdagehealth.co.nz/dividend-history/
If you wish to continue to receive the cash dividends payable on your Shares, you should do nothing,
and you will continue to receive all future dividends as cash. Or you can choose to receive a mix of
both cash dividends and Shares.
Please read this booklet thoroughly and consult your financial adviser if you have any questions.
Your faithfully

Bevan Walsh
Founder and Chair

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Dividend Reinvestment Plan
Offer Document

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You have two options – reinvest your dividends in Shares or continue to receive cash dividends.
OPTION 1
Reinvest some or all your dividends in further Shares
Participation Notice
You will need to complete a Participation Notice online or complete the Participation Notice form
enclosed with this offer document (and provided by the Company from time to time) if you wish to
reinvest your cash dividends on all or any of your Shares in further Shares.
If you participate, promptly after each dividend payment date you will be sent a statement detailing
your dividend entitlement and the number of additional Shares issued to you under the Plan.
The Participation Notice Form should be delivered to the Registrar at the address set out on the
form.
Online Participation Notices can be completed as follows:
Go to: https://investorcentre.linkmarketservices.co.nz. You will need your CSN/Holder number and
FIN to complete the investor validation process.
You will need to create a portfolio if you are a joint holder or company in order to elect to participate
in the DRP Plan online.
Level of participation
You can choose full or partial participation in the Plan. If you tick the Full Participation box in the
Participation Notice, this will cover your current shareholding and any future Shares you acquire
(including any Shares which are allocated to you under the Plan).
If you insert a number in the Partial Participation box of the Participation Notice, this will be treated
as partial participation for the number of Shares specified by you.
If the number you insert in the box exceeds the number of Shares held by you, your application will
be deemed to be an application for full participation.
Partial participation in the Plan means that the Terms and Conditions of the Plan will apply, both now
and in the future, only to the number of Shares nominated by you now, until you notify the Registrar
online or in writing of a variation.
Variation or termination of participation
If, at a later date, you decide you wish to vary or terminate your participation in the Plan, simply
complete another Participation Notice online or provide written notice to the Registrar, Link Market
Services.

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Dividend Reinvestment Plan
Offer Document

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OPTION 2
Receive dividends in cash
If you do nothing, you will continue to automatically receive by direct credit the net proceeds of any
dividend on your Shares which do not participate in the Plan. There will be no reinvestment of those
proceeds.
Accordingly, unless you wish to apply for or vary your participation in the Plan, you do not need to
complete a Participation Notice.
If, at a later date, you decide you do wish to participate, simply complete the Participation Notice in
accordance with the instructions under Option 1.
You may wish to update your direct credit bank details:
Go to: https://investorcentre.linkmarketservices.co.nz
You will need your CSN/Holder number and FIN to complete the investor validation process. You will
still receive a dividend statement by mail or email advising the amount credited.

Third Age Health Services Limited
Dividend Reinvestment Plan
Offer Document

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1 KEY FEATURES OF THE PLAN
Shares in place of dividends
1.1 The Plan provides eligible Third Age Health Shareholders with an opportunity to invest any
dividends payable on their Shares in additional fully paid Shares.
1.2 All Shares issued under this Plan will be fully paid and will rank equally with existing Shares.
Eligibility
1.3 Participation in the Plan is optional and is open to all Shareholders except where the
Company elects not to offer participation in the Plan to Shareholders whose address is
outside New Zealand if the Company considers that doing so could:
1.3.1 risk breaching the laws of places outside New Zealand; or
1.3.2 be unreasonable having regard to the associated costs of ensuring that those
laws are complied with.
Cost savings
1.4 The Plan allows you to buy Shares without paying brokerage or commission charges.
Participation is optional, arrangements flexible
1.5 You can join or vary your participation in respect of some or all of your Shares or withdraw
from the Plan at any time. Simply complete the Participation Notice online or complete the
enclosed Participation Notice Form (and provided by the Company from time to time) and
send it to the Registrar [address]. If your notice is received after a Record Date it will be
effective as at the following Record Date. Otherwise your notice will take effect
immediately.
1.6 Participation in the Plan applies to all future dividends on Participating Shares (unless you
vary your level of participation).
1.7 Those who do not participate in the Plan will continue to receive cash dividends.
Shares at or around market price
1.8 Under the Plan, additional Shares acquired in respect of a cash dividend will be issued at
market price as determined around the time of issue, or (at the Board's discretion) at a
small discount to the market price.
Details of your entitlement
1.9 If you elect to participate in the Plan and you have Participating Shares, you will receive a
dividend statement at the time of dividend payment detailing your total entitlement and

Third Age Health Services Limited
Dividend Reinvestment Plan
Offer Document

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the number of Shares you have acquired under the Plan. Please contact the Registrar at
Link Market Services Limited, PO Box 91976, Auckland, 1142 (phone +64 9 375 5998 ) if you
need to update your contact details.
Dividend policy
1.10 Details of the Company's dividend policy from time to time will be available under the
Investor section of the Third Age Health website https://www.thirdagehealth.co.nz/
2 COMMONLY ASKED QUESTIONS
How do I join?
2.1 Read this offer document, fill out the Participation Notice online or enclosed with this offer
document (and provided by the Company from time to time) and send it back to us. If you
do not understand anything in this offer document, consult your financial advisor before
joining.
Can I reinvest just some of my dividends?
2.2 Yes, you simply tell us how many of your Shares you want to participate in the Plan.
When will my dividend reinvestment start?
2.3 Your reinvestment starts with the first dividend payment following receipt of your
Participation Notice.
What price do I pay for the Shares?
2.4 The price is based upon the weighted average sale price for the Shares sold on the NZX
Main Board on each of the first five business days following the Record Date. The weighted
average sale price may be varied at the Board’s discretion
2.5 The formula used in this calculation is explained at clause 3.28 and clause 3.44 of the
Terms and Conditions set out below.
What does it cost to participate?
2.6 You pay no costs. You will not be charged brokerage, commission or stamp duty costs for
any Shares issued under the Plan.
Can I still sell my Shares when I want?
2.7 Yes, you can sell your Shares at any time. You should simply tell your broker that you
participate in the Plan – particularly if the sale is shortly before a dividend payment date.

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Dividend Reinvestment Plan
Offer Document

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Can the Plan be changed or cancelled?
2.8 Yes, the Board can change, suspend or cancel the Plan. In that event, notice would be given
to all Participants.
Are there any tax implications?
2.9 Where your dividends are reinvested in Shares, those Shares will generally be treated the
same as cash dividends for New Zealand tax purposes. You should contact your
professional tax advisor for more information. Third Age Health will provide details of the
dividend, taxes withheld and credits available so that you can complete your tax return.
3 TERMS AND CONDITIONS
Introduction
3.1 The Company's dividend reinvestment plan enables Shareholders to invest the Cash
Dividend payable on all or any of their Shares to acquire additional Shares. The additional
Shares acquired will be fully paid Shares regardless of whether the relevant dividends were
payable in respect of fully or partly paid Shares. The Terms and Conditions of the Plan as
determined by the Board are set out in this section.
3.2 The offer of Shares under the Plan is being made in reliance on clause 10 of Schedule 1 of
the Financial Markets Conduct Act 2013.
3.3 Defined terms are set out in clause 4.1.
Participation in the Plan
3.4 Participation in the Plan is optional and open to all Shareholders except where the Board
elects not to offer participation to Shareholders whose address is outside New Zealand, if
the Board considers that doing so would:
3.4.1 risk breaching the laws of places outside New Zealand; or
3.4.2 be unreasonable having regard to the associated costs of ensuring that the laws
of those places are complied with.
3.5 Shareholders who apply to participate in the Plan and who reside outside New Zealand will
represent and warrant to the Company that the offer of the Plan and their participation in
it would not breach any laws in their country of residence.
3.6 Any person residing outside New Zealand who holds Shares through a New Zealand
resident nominee should not allow their nominee to participate in the Plan if participation
in respect of their Shares would be contrary to the laws of their country of residence.

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Dividend Reinvestment Plan
Offer Document

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3.7 Any person residing outside New Zealand who participates in the Plan through a New
Zealand resident nominee will be deemed to represent and warrant to the Company that
they can lawfully participate through their nominee.
3.8 The Company accepts no responsibility for determining whether a Shareholder is able to
participate in the Plan under laws applicable outside of New Zealand or Australia.
3.9 Participation may, subject to the restrictions and procedures provided for in these Terms
and Conditions, be varied or terminated at any time.
3.10 Shares acquired by a Shareholder under the Plan will be acquired on the Terms and
Conditions set out in this offer document and subject to the same rights as Shares acquired
by all other Shareholders participating in the Plan.
3.11 Normal cash dividend payments will be paid out to those Shareholders not participating in
the Plan and on a Participant's non-Participating Shares, and will not be reinvested in
further Shares.
3.12 Every Shareholder eligible to participate in the Plan shall be given a reasonable opportunity
to do so.
Participation Notice
3.13 Election to participate in the Plan must be made on the Participation Notice Form enclosed
with this offer document (and provided by the Company from time to time), or by
electronic means specified by the Company from time to time.
3.14 Participation will be effective for dividends payable in relation to the first Record Date after
receipt by the Registrar of a correctly completed Participation Notice, subject to any
termination of the Plan becoming effective before then.
3.15 A separate Participation Notice must be given by a Shareholder in respect of each holding
of Shares identified by a separate holder number or CSN.
Level of participation
3.16 Participation may be either full or partial.
3.17 In the case of full participation in the Plan, these Terms and Conditions will apply to the full
dividends payable in respect of all the Participant's Shares from time to time registered in
the Participant's name.
3.18 Partial participation applies only to the dividends in respect of the number of Shares
nominated by the Participant in a Participation Notice. If at the relevant Record Date the
number of Shares held by the Participant is fewer than the nominated number of Shares,
then the provisions of the Plan will apply to such lesser number of Shares.

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Dividend Reinvestment Plan
Offer Document

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3.19 If the Participation Notice does not indicate the degree of participation, it will be deemed
to be an application for full participation provided it is otherwise correctly completed and
signed.
3.20 A Participation Notice will not attach to the Shares in respect of which it has been given,
but will be personal to the Shareholder giving it.
3.21 Any Shares over which the Company has a lien or a charge in accordance with its
Constitution or other requirements of law will not be eligible to participate in the Plan.
Operation of the Plan
3.22 The Company will apply the Cash Dividend that is available for payment in respect of each
Participant's Participating Shares at the Record Date as payment for the Shares acquired by
the Participant under the Plan. The number of such Shares will be determined in
accordance with clauses 3.28 to 3.34 of these Terms and Conditions.
3.23 The Board will, on the day that a Participant would otherwise have been paid a Cash
Dividend on Participating Shares, either issue new Shares or arrange the transfer of
existing Shares to the Participant.
3.24 Shares acquired by the Participant under the Plan will be issued on the terms disclosed in
these Terms and Conditions and will, from the date of acquisition, rank equally in all
respects with all other fully paid Shares.
3.25 Shares acquired by the Participant under the Plan will be registered on the register where
the Participant already holds Shares.
Compliance with laws, listing rules and Constitution
3.26 The Plan will not operate in relation to a dividend to the extent that the allotment, issue or
transfer of additional Shares under the Plan would breach any applicable law, the NZX
listing rules, or any provision of the Constitution.
3.27 If and to the extent that the Plan does not operate for such reason in respect of a
Participant's Participating Shares, the relevant dividend on Participating Shares will, until
such time as the issue is resolved, be paid or distributed in the same manner as in respect
of Shares which are not Participating Shares.
Additional Share entitlement
3.28 The number of fully paid Shares to be acquired by a Participant under the Plan will be
calculated in accordance with the following formula:

N =
PS x D + B

P

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Dividend Reinvestment Plan
Offer Document

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Where:
N = the number of Shares which will be acquired by a Participant.
PS = the number of Participating Shares registered in the name of the Participant at
the Record Date.
D = the Cash Dividend per Share which would otherwise have been payable to the
Participant if a Participation Notice had not been given or deemed to have been
given by the Participant.
B = the amount, if any, held to the order of the Participant under the Plan in
accordance with clause 3.31 below as a result of rounding Share entitlements
when the Plan last operated.
P = the weighted average sale price (expressed in cents and decimals of cents) for
the Shares, calculated on all price setting trades of Shares that took place
through the NZX Main Board on each of the first five business days immediately
following the Record Date (which price may be adjusted at the discretion of the
Board as set out below).
3.29 If no sales of Shares occur during the period referred to in the definition of ‘P’ then the
weighted average sale price will be deemed to be the sale price for a Share on the first
price setting trade of Shares on the NZX Main Board which takes place after such period.
3.30 Any weighted average sale price so determined may be reasonably adjusted by the Board
to allow for any bonus or dividend or other distribution expectation. If, in the opinion of
the Board, any exceptional or unusual circumstances have artificially affected the weighted
average sale price so determined, the Board may make such adjustment to that sale price
as it considers reasonable.
3.31 Where the number calculated in accordance with the preceding formula is not a whole
number, then the number of Shares a Participant receives will be rounded down to the
nearest whole number of Shares.
3.32 Any net proceeds per Shares as described in the definition of 'D' in clause 3.28 above which
are not applied to acquire part of a share because of clause 3.31 above shall be held to the
order of the Participant and applied under the Plan on the Participant's behalf the next
time the Plan operates.
3.33 Should the Participant:
3.33.1 terminate their participation in the Plan under clause 3.38.2 of these Terms and
Conditions; or
3.33.2 cease to be a Shareholder of the Company,

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Dividend Reinvestment Plan
Offer Document

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then any amount, which at the time is held to the order of the Participant under clause
3.32, shall be forfeited.
3.34 At the time the price for the Shares is set, the Company will ensure that it has no
information that is not publicly available and that would, or would be likely to, have a
material adverse effect on the realisable price of the Shares if it were publicly available.
Statements to Participants
3.35 The Company will send to each Participant, promptly after each dividend payment date, a
statement detailing in respect of that Participant:
3.35.1 The number of Participating Shares as at the relevant Record Date.
3.35.2 The amount of Cash Dividend reinvested in respect of Participating Shares and
the amount paid in respect of non-Participating Shares (if applicable).
3.35.3 The amount of any taxation deduction made.
3.35.4 The number of Shares the Participant has acquired under the Plan and the per
unit issue price.
3.35.5 Advice as to the amount of any taxation credits.
3.35.6 Advice as to the amount held to the order of the Participant under the Plan
under clause 3.32 (if any).
3.35.7 Any other matters required by law with respect to dividends and/or
reinvestment.
No costs to Participants
3.36 No brokerage or commission costs will be payable by a Participant in respect of the
acquisition of Shares under the Plan.
Source of Shares
3.37 Shares to be acquired by Participants under the Plan may, at the Board's discretion, be:
3.37.1 New Shares issued by the Company.
3.37.2 Existing Shares acquired by the Company or a nominee or agent of the Company
and transferred to Participants.
3.37.3 Any combination of the above.

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Offer Document

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Variation or termination of participation
3.38 A Participant may, at any time, by giving notice to the Registrar:
3.38.1 increase or decrease the number of their Participating Shares participating in the
Plan; or
3.38.2 terminate participation in the Plan.
3.39 Such alteration or termination will take effect immediately upon receipt by the Registrar of
notice, provided that any notice received between a Record Date and the corresponding
payment date will take effect on the day following such payment date.
3.40 If a Participant dies, participation in the Plan in respect of their Shares will be terminated
by receipt by the Registrar of a notice of death in a form acceptable to the Company. Death
of one of two or more joint holders will not automatically terminate participation.
Reduction of participation where no notice is given
3.41 Where a Participant with partial participation disposes of part of their holding of Shares
then, unless the Participant advises the Registrar otherwise:
3.41.1 the Shares disposed of will be deemed to be Shares not participating in the Plan;
and
3.41.2 if the number of Shares disposed of is more than the number of the Participant's
Shares not participating in the Plan, the balance will be attributed to Shares
participating in the Plan
from the date that the Company registers a transfer of such Shares.
3.42 If a Participant with full participation disposes of part of their holding of Shares without
giving the Registrar written notice terminating their participation in the Plan, the
Participant will be deemed to have terminated their participation in the Plan with respect
to the Shares disposed of by them from the date that the Company registers a transfer of
those Shares.
3.43 If a Participant disposes of all of their holding of Shares and ceases to be a Shareholder
without giving the Registrar written notice terminating their participation in the Plan, the
Participant will be deemed to have terminated participation in the Plan from the date that
the Company registers a transfer of those Shares.
The Board's discretion
3.44 In addition to any other clauses in these Terms and Conditions granting the Board
discretion, the Board may at any time in its sole discretion resolve any of the following:

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Dividend Reinvestment Plan
Offer Document

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3.44.1 The price at which Shares are to be issued under the Plan shall contain a
discount to market price.
3.44.2 Participation in the Plan will not apply to the whole or part of the net proceeds
of any cash dividend and that the applicable part will be paid out in cash and not
reinvested.
3.44.3 A Participation Notice will cease to be of any effect.
3.44.4 The Plan will be modified, suspended or terminated. If the Plan is modified then
a Participation Notice will be deemed to be a Participation Notice under the Plan
as modified unless such Participation Notice is subsequently changed or
withdrawn by the Participant.
3.44.5 In the event of the subdivision, consolidation or reclassification of Shares into
one or more new classes of Shares, a Participation Notice will be deemed to be a
Participation Notice in respect of the Shares as subdivided, consolidated or
reclassified unless such Participation Notice is subsequently changed or
withdrawn by the Participant.
3.44.6 The Plan may be underwritten on such terms as agreed between the Company
and an underwriter.
3.45 Notice of any modification, suspension or termination of the Plan under clause 3.44.4 will
be given to all Participants.
3.46 However, no such modification or termination will be made during the period commencing
on a date 21 days before a Record Date and ending on the date of payment of the dividend
relating to that Record Date.
3.47 Notwithstanding clauses 3.45 and 3.46, the Company may at any time, without the need of
any notice:
3.47.1 modify or terminate the Plan to comply with any applicable law, the listing rules
of any stock exchange on which Shares are listed, or any provision of the
Constitution; and
3.47.2 make minor amendments to the Plan where such amendments are of an
administrative or procedural nature.
Administration and disputes
3.48 The Board has absolute discretion to do any of the following:
3.48.1 Resolve any disputes concerning the Plan as it considers appropriate.
3.48.2 Adopt any administrative procedures it considers appropriate.

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Dividend Reinvestment Plan
Offer Document

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3.48.3 Delegate to any one or more persons the exercise of any of its powers or
discretions in relation to the Plan.
Stock Exchange listing
3.49 Any new Shares which may be issued by the Company and acquired by the Participants
under the Plan have been accepted for listing by NZX and will be quoted upon completion
of allotment procedures. However, NZX accepts no responsibility for any statement in this
offer document.
Applicable law
3.50 The Plan and its operation in these Terms and Conditions will be governed by the laws of
New Zealand.
Available information
3.51 A copy of the Company's most recent annual report and financial statements complying
with the Financial Reporting Act 2013 are available to every Shareholder under the
Investor section of the Third Age Health website https://www.thirdagehealth.co.nz/
3.52 A hard copy is also available free of charge on request from our office at:
Third Age Health Services Limited
PO Box 303 387
North Harbour
Auckland 0751
New Zealand
Or by email: investors@thirdagehealth.co.nz
Taxation
3.53 The taxation consequences for each Shareholder should they elect to participate in the
Plan will differ depending upon their particular circumstances. Accordingly, each
Shareholder should consult their own tax adviser as to the taxation implications of the
Plan. Neither the Company nor its directors, officers, employees, representatives or agents
accept any responsibility for the financial or taxation effects of a Shareholder's
participation or non-participation in the Plan.

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Dividend Reinvestment Plan
Offer Document

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4 DEFINITIONS
Definitions
4.1 The following words have these meanings in this offer document:
Board means the board of directors of the Company.
Cash Dividend means the dividend payable excluding any imputation credits and after the
deduction by the Company of any resident withholding tax or non-resident withholding
tax.
Company or Third Age Health means Third Age Health Services Limited
Constitution means the Company's constitution.
NZX means NZX Limited.
NZX Main Board means the main board equity security market operated by NZX.
Participant means any eligible holder of Shares who has completed (and has not
withdrawn) a Participation Notice which has been accepted by the Board.
Participating Share means a Share registered in the name of a Participant, the dividends
on which are subject to the Plan.
Participation Notice means a Participation Notice accompanying this offer document as
approved by the Board.
Plan means the Third Age Health Services Limited Dividend Reinvestment Plan established
by the Board pursuant to the Constitution on the terms set out in this offer document as
amended from time to time.
Record Date means 5.00pm on the date fixed by the Board for determining entitlement to
dividend.
Shareholders means the holders of Shares.
Shares means any shares of the Company.
Terms and Conditions means the terms and conditions of the Plan as determined by the
Board.
End

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Third Age Health Services Limited
Dividend Reinvestment Plan
Participation Form
Do not complete this Participation Form if you wish to continue to receive in cash any dividends declared in respect of all of your
shares in Third Age Health Services Limited (“TAH”).
A Dividend Reinvestment Plan (“Plan”) operates for your Third Age Health Services Limited shares. Full details of the Plan are set out in the offer
document dated 19 May 2022 accompanying this Participation Form. If you wish to reinvest all or part of your net proceeds of your cash dividends,
simply complete and return this form in the enclosed reply paid envelope or email the completed form to enquiries@linkmarketservices.com.
Alternatively, you may make your participation election, or vary an existing participation election online by visiting
https://investorcentre.linkmarketservices.co.nz.


Capitalised terms not defined in this Participation Form have the meaning given to those terms in the glossary of the Offer Document.

Name(s):
Address:


CSN/Holder number: Daytime phone: ( )



I/We wish to participate in the Plan as outlined in the Offer Document dated 19 May 2022. I elect to receive an issue of fully paid ordinary shares in lieu
of future dividends to the extent and in the manner prescribed in the Plan: (Choose one option only)

a) Full participation in the Plan for all the Shares I/We may hold from time to time.
OR
b) Partial participation in the Plan. Please state number of Shares to participate:



• I/We accept the terms and conditions of the Plan set out in the Offer Document dated 19 May2022 and acknowledge that my/our participation
in the Plan will continue unless I/we advise Third Age Health Services Limited otherwise in writing.

• I/We hereby direct that the net proceeds of all cash dividends I am/we are entitled to be paid or credited in respect of my/our participating
shares be applied toward the purchase of additional Third Age Health shares in accordance with the Plan.


• I/We warrant that if at any time I/we reside outside New Zealand or Australia and accept or continue to participate in the Plan, the offer of the
Plan and my/our participation in it does not breach any laws in my/our country of residence.
Joint holders must each sign. Companies must execute by an authorised officer or attorney. If signed by an attorney, a non-revocation declaration must
accompany this form, and the relevant authority must either have been exhibited previously to the Registrar or accompany this form.

Signature of Shareholder(s):

Date: / /

Date: / /

Date: / /

Participation will commence on the first Record Date after receipt by the Registrar of this Participation Form, correctly completed. Participation will
continue to apply until varied online at https://investorcentre.linkmarketservices.co.nz or submitting another Participation Form or terminated by
submitting a Cancellation Form (available from the Registrar upon request), in accordance with the terms and conditions of the Plan or until the Plan is
terminated or suspended by TAH.
To participate in the FY22 final dividend this Form may be returned at any time before 5pm on Thursday 9 June 2022, to the Registrar by one of the following:
By post (New Zealand):
Third Age Health Services Limited Registrar
C/- Link Market Services Limited
PO Box 91976
Auckland 1142
or
Scan and email:
enquiries@linkmarketservices.com
(Please put TAH DRP in the subject line for easy identification)

Level 30, PwC Tower
15 Customs Street West
Auckland 1010
New Zealand