Capital Change Notice

Section 1: Issuer information Name of issuer Oceania Healthcare Limited NZX ticker code OCA Class of financial product Ordinary shares. ISIN (If unknown, check on NZX website) NZOCAE0002S0 Currency NZD Section 2: Capital change details Number issued 1,004,640 ordinary shares issued Nominal value (if any) N/A Issue/acquisition/redemption price per security $1.026803 Nature of the payment (for example, cash or other consideration) Cash Amount paid up (if not in full) N/A Percentage of total class of Financial Products issued (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, in existence) N/A For an issue of Convertible Financial Products or Options, the principal terms of Conversion (for example the Conversion price and Conversion date and the ranking of the Financial Product in relation to other Classes of Financial Product) or the Option (for example, the exercise price and exercise date) N/A Reason for issue and specific authority for issue Issue of ordinary shares to those employees who have elected to participate in the Employee Share Scheme. Total number of Financial Products of the Class after the issue (excluding Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the issue. 609,362,859 ordinary shares after the issue (excluding Treasury Stock). 4,169,196 ordinary shares held as Treasury Stock after the issue. In the case of an acquisition of shares, whether those shares are to be held as treasury stock N/A Specific authority for the issue including a reference to the rule pursuant to which the issue, acquisition, or redemption is made Directors' resolution dated 26 August 2019 Terms or details of the issue Issue of 1,004,640 ordinary shares pursuant to the terms of the Employee Share Scheme. Date of issue 23/09/2019 Section 3: Authority for this announcement and contact person Name of person authorised to make this announcement Anna Thorburn Contact person for this announcement Anna Thorburn Contact phone number 09 213 1022 Contact email address anna.thorburn@oceaniahealthcare.co.nz Date of release through MAP 24/09/2019 End CA:00341504 For:OCA Type:SECISSUE Time:2019-09-24 13:47:54