Capital Change Notice - Unit Purchase Plan

Capital Change Notice




Section 1: Issuer information
Name of issuer Northwest Healthcare Properties
Management Limited (Manager) in its
capacity as the manager of Vital
Healthcare Property Trust (Vital)
NZX ticker code VHP
Class of financial product Ordinary units in Vital
ISIN (If unknown, check on NZX website) NZCHPE0001S4
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 23,530,644 ordinary units issued under
the Unit Purchase Plan announced to NZX
on 10 November 2025

Nominal value (if any) N/A
Issue/acquisition/redemption price per security $1.9124
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) N/A
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the
number of Financial Products of the Class,
excluding any Treasury Stock, in existence)
3% (subject to rounding)

For an issue of Convertible Financial Products or
Options, the principal terms of Conversion (for
example the Conversion price and Conversion date
and the ranking of the Financial Product in relation
to other Classes of Financial Product) or the Option
(for example, the exercise price and exercise date)
N/A
Reason for issue/acquisition/redemption and
specific authority for issue/acquisition/redemption/
(the reason for change must be identified here)
Issue of units under unit purchase plan
conducted by the Manager in its capacity
as the manager of Vital, authorised by
Board resolutions dated 9 November 2025
and first announced on 10 November
2025, the results of which (including the
extent to which oversubscriptions were
accepted) were announced on 4
December 2025.

Net proceeds will be used to fund the
management termination payment
payable to implement the internalisation of
Vital and provide additional balance sheet

flexibility to execute on near-term
developments.

Total number of Financial Products of the Class
after the issue/acquisition/redemption/Conversion
(excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury
Stock after the issue/acquisition/redemption.
801,766,315 ordinary units
None held as Treasury Stock.
In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Board resolutions dated 9 November
2025, NZX Listing Rule 4.3.
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
New units in Vital which rank equally with
all other fully paid units.
Date of issue/acquisition/redemption 5/12/2025
Section 4: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Michael Groth
Contact person for this announcement Michael Groth
Contact phone number +61 409 936 104
Contact email address michael.groth@nwhreit.com
Date of release through MAP

5/12/2025