Notice of Special Shareholders Meeting 2024 - 31 July 2024

Promisia's special shareholder meeting will be held virtually via the MUFG Virtual Meeting Platform at www.virtualmeeting.co.nz/phlsm24 on Wednesday, 31 July 2024, starting at 12pm.

As detailed in the Notice of Meeting, the meeting is for shareholders to vote on the following ordinary resolutions:

1. Approval of the Acquisitions: That, under NZX Listing Rule 5.1.1(b), Promisia undertaking the acquisition of Golden View and Ripponburn together with all related transactions as described in this Notice, are approved.

2. Approval to Issue Convertible Notes: That, under NZX Listing Rule 4.2.1, the issue of 6 million Convertible Notes under the Convertible Note Agreement and the issue of up to 6 billion Shares issued on conversion of the Convertible Notes, on the terms as described in this Notice, is approved.

3. Approval of Issue of Warrants: That, under NZX Listing Rule 4.2.1, the issue of up to 4 billion warrants under the terms of Promisia’s capital raising and on the warrant terms of issue set out in this Notice, is approved.

For further information, please see attached the Notice of Meeting, updated Investor Presentation and Proxy Form.

In addition, please see attached a Corporate Action Notice, which provides further information on the capital raise, specifically in respect of the warrants.

For more information, please contact:

Francisco Rodriguez Ferrere, General Manager – Finance, Promisia Healthcare Limited

Phone: +64 21 245 1801 or email: [email protected]

About Promisia Healthcare

Promisia is a New Zealand based aged care and retirement living provider, with a focus on delivering quality personalised care. Our aim is to be the aged care provider of choice in our communities. Our facilities are located in well-established and well serviced towns and metropolitan areas. Our goal is to profitably grow our business in a sustainable manner, delivering quality care to our residents, peace of mind to their families and whanau, and excellent value to our villages, community and shareholders. Promisia is listed on the NZX (NZX: PHL). http://www.promisia.co.nz.

---

Announcement PDF