Satisfaction of conditions for Vital internalisation

VITAL HEALTHCARE PROPERTY TRUST
Managed by
Northwest Healthcare Properties Management Limited
vhpt.co.nz
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MARKET RELEASE


22 December 2025

Satisfaction of conditions for Vital internalisation
On 10 November 2025, the Independent Directors of Northwest Healthcare Properties Management Limited
(the
Manager), as manager of Vital Healthcare Property Trust (Vital), announced that Vital had reached a
conditional agreement with Northwest to internalise the management of Vital (
Internalisation).
The Manager is pleased to announce that key external and regulatory conditions have been satisfied.
Completion of the Internalisation is expected to occur on 31 December 2025.
– ENDS –

ENQUIRIES

Chris Adams
CEO-elect, Northwest Healthcare Properties Management Limited
Tel +61 408 665 332, Email chris.adams@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), ambulatory care facilities (~16%*
of portfolio value) and life science facilities (4%* of portfolio value).
Vital is the leading specialist listed landlord of healthcare property in Australasia.
For more information, please visit our website: www.vhpt.co.nz
For more information about Northwest, please visit: www.nwhreit.com
* All figures are as at 30 September 2025, NZD/AUD exchange rate of 0.8770.