Ryman considers retail bond offer

RYMAN HEALTHCARE LIMITED 1
NZX & ASX RELEASE
Ryman considers retail bond offer
3 June 2026
Ryman Healthcare Limited (Ryman) (NZX: RYM) is considering an offer (Offer) of 6 year fixed rate,
secured, unsubordinated bonds (Bonds) to institutional investors and New Zealand retail investors.
The Bonds will be unsubordinated obligations of Ryman, and will have the benefit of a guarantee
and security package provided by the Ryman guaranteeing group.

It is expected that full details of the Offer will be released in the week beginning 8 June 2026 when
the Offer is expected to open.

If the Offer is made and the bookbuild is successful, holders of Ryman’s existing quoted bonds with
ticker code ‘RYM010’ (RYM010 Bonds) that are held through a custodial account (and who wish to
re-invest in the new Bonds) (Custodial RYM010 Bondholders) may be able to exchange all or some
of their RYM010 Bonds for an equal number of new Bonds on the issue date of the new Bonds (on a
one-for-one basis at a face value of NZ$1.00) (Exchange Mechanism).

The Exchange Mechanism will only be available to a Custodial RYM010 Bondholder if:
(a) the Custodial RYM010 Bondholder receives an allocation of new Bonds from a participant in
the bookbuild for the Offer; and
(b) Ryman and the relevant participant (acting on the authorisation of the Custodial RYM010
Bondholder) have agreed to the exchange.

To allow for an orderly settlement and redemption process, it is expected that trading in all RYM010
Bonds would be suspended from pre-market trading on the first trading day following the rate set
date to pre-market trading on the expected day of initial quotation of the Bonds.

Any exchanged RYM010 Bonds purchased by Ryman under the Exchange Mechanism will be
cancelled. This will reduce the total amount of RYM010 Bonds outstanding which may impact
trading of the RYM010 Bonds on the secondary NZX Debt Market.

Ryman has appointed ANZ Bank New Zealand Limited (ANZ) as Arranger and Craigs Investment
Partners Limited, Forsyth Barr Limited and Westpac Banking Corporation (ABN 33 007 457 141)
(acting through its New Zealand branch), together with ANZ, as Joint Lead Managers in relation to
the proposed Offer.

Investors can register their interest in the proposed Offer by contacting their usual financial adviser.
Registrations of interest will not create an obligation or commitment of any kind to acquire any
Bonds. No money is currently being sought and applications for the Bonds cannot currently be
made.

RYMAN HEALTHCARE LIMITED 2
If the Offer proceeds, the Offer will be made pursuant to the Financial Markets Conduct Act 2013,
as an offer of debt securities of the same class as the RYM010 Bonds. The Bonds are expected to be
quoted on the NZX Debt Market.

Arranger and Joint Lead Manager
ANZ Bank New Zealand Limited

Joint Lead Managers
Craigs Investment Partners Limited
Forsyth Barr Limited
Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch)

ENDS

Authorised by
Morgan Powell
General Counsel

About Ryman
Founded in Christchurch in 1984, Ryman Healthcare is New Zealand’s largest retirement living and
aged care provider, and the leading integrated retirement living and aged care operator in
Victoria. Dual listed on the NZX and ASX, Ryman owns and operates 47 integrated retirement
villages across New Zealand and Australia, providing homes to over 15,500 residents and employing
7,800 dedicated team members.

Ryman’s villages provide a fully integrated continuum of care, bringing together independent
living, assisted living, and aged care services within a single community. This model offers residents
choice, continuity, and a genuine home for life experience as their needs change, while giving
families confidence and peace of mind. Committed to high standards of quality and service,
Ryman delivers exceptional living and care experiences alongside long-term value for residents,
families, and shareholders.


Contacts
For investor relations information
Hayden Strickett, Head of Investor Relations
hayden.strickett@rymanhealthcare.com


For media information
Sarah Greig, GM Corporate Affairs &
Communication
sarah.greig@rymanhealthcare.com