Ryman releases final terms sheet for retail bond offer

11/06/2026 14:11 NZST, OFFER

Further to Ryman Healthcare Limited’s (NZX: RYM) announcement earlier today, the final terms sheet relating to its offer (Offer) of 6 year fixed rate, secured, unsubordinated bonds (Bonds) is attached.

As a result of the successful bookbuild process for the Offer, holders of Ryman’s existing quoted bonds with ticker code ‘RYM010’ (RYM010 Bonds) that are held through a custodial account (Custodial RYM010 Bondholders) may be able to exchange all or some of their RYM010 Bonds for an equal number of new Bonds on the issue date for the new Bonds, 22 June 2026 (on a one-for-one basis at a face value of NZ$1.00) (Exchange Mechanism).

The Exchange Mechanism is only available to a Custodial RYM010 Bondholder if:

(a) the Custodial RYM010 Bondholder receives an allocation of new Bonds from a participant in the bookbuild for the Offer; and

(b) Ryman and the relevant participant (acting on the authorisation of the Custodial RYM010 Bondholder) agree to the exchange.

The Exchange Mechanism is expected to open on 11 June 2026. It is expected to close at 5:00pm on 17 June 2026, and any application must be completed and confirmed with the relevant custodian in time to be returned to the Registrar by no later than that closing time.

Full details of the Exchange Mechanism are contained in the attached final terms sheet.

To allow for an orderly settlement and redemption process, trading in all RYM010 Bonds will be suspended from pre-market trading on 12 June 2026 to pre-market trading on 23 June 2026 (being the expected date of initial quotation of the Bonds).

For further details, investors can contact their usual financial adviser.

Arranger and Joint Lead Manager

ANZ Bank New Zealand Limited

Joint Lead Managers

Craigs Investment Partners Limited

Forsyth Barr Limited

Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch)

ENDS

Authorised by

Morgan Powell

General Counsel