FY22 Annual Results Presentation

11 AUGUST 2022

Contents

Overview of Vital

3

FY22 highlights

4

Financial results and capital management

12

Portfolio and acquisitions

17

5 largest assets and asset groupings

22

Developments

28

Future focus

33

Appendices

38

Acquisitions and developments detail

39

Additional portfolio information

49

Additional financial information

56

Presenters

Aaron Hockly

Fund Manager

Michael Groth

Chief Financial Officer

Richard Roos

Exec. Director, Portfolio

Chris Adams

Exec. Director, Projects

All amounts are in NZD unless otherwise shown

VITAL HEALTHCARE PROPERTY TRUST  |  ANNUAL RESULTS 2022  |  2

Overview of Vital1

VITAL IS THE ONLY SPECIALIST HEALTHCARE LANDLORD LISTED ON THE NZX

17.6 years ~$3.3bn

WALE

471 PROPERTIES

(AUS & NZ)

NORTHERN

AUSTRALIA

TERRITORY

~$0.9bn

QUEENSLAND

WESTERN

6

VITAL HEALTHCARE PROPERTY TRUST (VITAL) IS:

The owner of a ~$3.3 billion healthcare property portfolio in New Zealand (28% of assets) and Australia (72%);

The only NZX-listed specialist healthcare landlord (NZX ticker: VHP);

Externally managed by a subsidiary of Toronto-listed, global healthcare real estate owner and manager, NorthWest Healthcare Properties REIT

SOUTH

4AUSTRALIA

NEW SOUTH

3WALES

12

VICTORIA

6

~$2.4bn TASMANIA

31 PROPERTIES (AUS)

As at 30 June 2022

1 Number of properties include Kawarau Park Health Precinct, Queenstown, but excludes strategic assets. All other figures exclude Kawarau Park Health Precinct, Queenstown

16 PROPERTIES (NZ)

14

2

(TSX ticker: NWH);

Underpinned by rental income that tracks inflation with ~80% of lease income indexed to CPI in some way; and

Targeting 2-3% AFFO and DPU growth per annum over the medium term, whilst retaining a conservative pay-out ratio.

VITAL HEALTHCARE PROPERTY TRUST  |  ANNUAL RESULTS 2022  |  3

FY22 highlights

Key events over FY22

2021

JULY 2021

Practical completion of Wakefield Hospital, Wellington Stage 1 for a total cost of ~$50.8m

AUGUST 2021

FY22 AFFO and distribution guidance announced of 11.8cpu and 9.5cpu respectively

Acquisition of Hutt Valley Health Hub, Wellington for $46.5m announced

OCTOBER 2021

A$315m debt refinance to extend debt capacity by A$65m and extend debt tenor

Acquisition of Tennyson Centre, Adelaide for A$92.75m

$115m placement primarily to existing institutional holders at $2.90 per unit

Commencement of $91.5m Wakefield Hospital Stage 2 with demolition of existing building

Terms agreed for $74m of new and extended brownfield developments across five of Evolution Healthcare's facilities in New Zealand

NOVEMBER 2021

$27.8m raised via a Unit Purchase Plan from existing retail holders at $2.85 per unit

Completion of Stage 1 of Playford Health Hub, Adelaide for ~A$20m

Commencement of $6.3m Royston Stage 2, $31.7m Grace Hospital and $6.3m Bowen Hospital developments

MoU signed with Calvary Health Care to operate a ~A$93m hospital (Stage 3 of Playford Health Hub)

VITAL HEALTHCARE PROPERTY TRUST  |  ANNUAL RESULTS 2022  |  5

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Vital Healthcare Property Trust published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 23:30:04 UTC.