Change in director status

Promisia Healthcare Limited (Promisia) (NZX: PHL) advises that its director Craig Percy will be broadening his role with Promisia and providing executive services to support Promisia.

Craig was previously considered an independent director for the purpose of the Listing Rules.

Craig will report to the Board and will have a particular focus on integrating the newly acquired Cromwell facilities into the group.

The acquisitions have significantly increased the scale of Promisia’s operations and Craig will be an important resource to support the executive team given Craig’s extensive experience in the aged care sector.

The executive arrangement with Craig is on a month to month basis and will be reviewed by the independent directors in light of Promisia’s prevailing needs.

ENDS

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