Capital Change Announcement

VITAL HEALTHCARE PROPERTY TRUST
Managed by NorthWest Healthcare Properties Management Limited


vhpt.co.nz

MARKET RELEASE
Managed by NorthWest Healthcare
Pr operties Management Ltd
31 August 2022

Issue of units in Vital Healthcare Property Trust for purposes of incentive fee

For the purposes of Listing Rule 3.13.1, NorthWest Healthcare Properties Management
Limited (the Manager) advises that the following new units in Vital Healthcare Property
Trust (Vital) have been issued to the Manager pursuant to the incentive fee arrangements
under Vital's Trust Deed:

a) Class of financial product: Vital Healthcare Property Trust Ordinary Units
b) ISIN: NZCHPE0001S4
c) Number issued: 5,878,511
d) Issue price: $2.7131
e) Nature of the payment: In accordance with clauses 22.4 and 22.6(b) of
the Trust Deed
f) Amount paid up: Fully paid
g) Percentage of total class of
financial products issued:
0.91% of the total number of units on issue
immediately prior to the issue of the new units
h) Reason for issue: The units were issued in consideration for
NorthWest Healthcare Properties Management
Limited's incentive fee in accordance with
clauses 22.4 and 22.6(b) of the Trust Deed
i) Specific authority for issue: Trust Deed
j) Total number of financial
products of the class after the
Issue:
655,033,707

k) Terms or details of the issue: The new units rank equally in all respects with
existing ordinary units in Vital Healthcare
Property Trust
l) Date of issue: 31 August 2022

– ENDS –

VITAL HEALTHCARE PROPERTY TRUST
Managed by NorthWest Healthcare Properties Management Limited
vhpt.co.nz
Page 2 of 2
ENQUIRIES
Aaron Hockly
Fund Manager, Vital Healthcare Property Trust

Tel 09 973 7301, Email aaron.hockly@nwhreit.com
Michael Groth
Chief Financial Officer, NorthWest Healthcare Properties Management Limited
Tel +61 409 936 104, Email michael.groth@nwhreit.com


About Vital (NZX code VHP):

Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality healthcare
properties in New Zealand and Australia including private hospitals (~80% of portfolio
value), out-patient facilities (~16% of portfolio value) and aged care (~4% of portfolio
value).

Vital is the only specialist listed landlord of healthcare property in Australasia and currently
has a portfolio valued at over $3.3 billion.

Vital is managed by NorthWest Healthcare Properties Management Limited, a subsidiary
of Toronto Stock Exchange listed NorthWest Healthcare Properties REIT, a global owner and
manager of healthcare property.

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