Operational Update – Q4 FY26

15/04/2026 08:30 NZST, MKTUPDTEP

Promisia Healthcare Limited (NZX: PHL) has today released its Q4 FY26 Operational Update for the quarter ended 31 March 2026. Please refer to the attached PDF for full details.

Key highlights include:

Occupancy performance:

Group care occupancy for March 2026 averaged 94%, up from 92% at December quarter-end. Golden View and Ranfurly Manor remained strong in the high-90s, while Nelson Street increased materially to 96% for March, with the facility effectively full for much of the month and currently at 100% occupancy. This reflects the success of Promisia’s strategic repositioning of Nelson Street toward hospital and dementia care, complementing the existing rest home offering and better aligning the facility with current demand. Ripponburn recorded a small decrease in March and Aldwins House remained stable at 89%, with further admissions booked or in progress and Group occupancy expected to lift to 95%.

Care suite sales:

At Ranfurly Manor, 55 of 57 care suites are now occupied (96%), up from 52 of 57 (91%) at 31 December 2025. Applications on the remaining two suites are expected in the near term. This represents a material uplift from 31 March 2025, when 29 of 57 care suites were occupied, or 51%, and means all suites that were vacant at 31 March 2025 have now settled.

Solar panel initiatives:

Promisia has approved the first stage of its solar rollout at Ranfurly Manor and Nelson Street. Based on current assumptions, the investment is expected to deliver attractive payback periods of c. five to six years, while also reducing exposure to future electricity price increases. Installation is expected to be rolled out over the next quarter.

Outlook:

Promisia remains comfortable with its upgraded FY26 earnings guidance, and underlying EBITDAF for FY26 will be in the range of $6.4 million to $6.8 million. Promisia will publish its preliminary unaudited full-year results by the end of May 2026. Promisia also notes the recent disruption in global fuel markets, but direct exposure across the Group is limited and no material operational disruption or impact on overall profitability is presently expected. With Group occupancy strengthening and the Ranfurly Manor care suite sales programme now effectively complete, operating performance across the portfolio remains in line with expectations.

ENDS

Authority for this announcement:

Francisco Rodriguez Ferrere – Chief Financial Officer, Promisia Healthcare Limited

For more information, please contact:

Francisco Rodriguez Ferrere

Phone: +64 21 245 1801

Email: Francisco.rf@promisia.co.nz