Results - ASM and Warrant Holders Meeting

Promisia Healthcare Limited today held a Special Warrant Holder’s meeting followed by its 2024 Annual Shareholders’ Meeting (ASM).

At the Warrant Holders meeting, the resolution passed by warrant holders was:

• To vary the exercise price of all Warrants on issue from $0.002 per Warrant to $0.001 per Warrant on the terms set out in the Notice of Meeting.

At the ASM, the resolutions passed by shareholders were:

• To record the re-appointment of William Buck New Zealand as auditor of the Company and to authorise the Directors to fix the auditor’s remuneration for the ensuing year.

• To appoint Tony Mortensen as an independent director of the Company with effect from the close of the Meeting.

• To approve a variation to the exercise price of Warrants from $0.002 per Warrant to $0.001 per Warrant on the basis described in the explanatory notes in the Notice of Meeting.

• To issue a further 9.45 billion Warrants to all investors of the Capital Raise so that each Investor will have received a total of three Warrants for every one share subscribed for and on the basis described in the explanatory notes in in the Notice of Meeting.

• To ratify 4,130,862,510 Shares and 725,000,000 Warrants issued under NZX Listing Rule 4.5.1 on the basis described in the explanatory notes in the Notice of Meeting.

As required by NZX Listing Rule 6.1, voting was conducted by a poll.

The results for both meetings are detailed in the attached announcement.

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.

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Announcement PDF