Updated distribution reinvestment plan terms

NorthWest Healthcare Properties Management Limited (the Manager), the manager of Vital Healthcare Property Trust (Vital) advises that it has updated the terms of the Vital Healthcare Property Trust Distribution Reinvestment Plan (DRP) to: a. reflect recent changes made to the NZX Listing Rules relating to mandatory timetable requirements for reinvestment plans; b. allow the Manager to elect, at its discretion, to either (i) issue new units; or (ii) acquire existing units on market to satisfy the DRP; c. bring the DRP in line with best practice (for example, to allow unitholders to elect to participate in the DRP online); and d. clarify the interpretation of the DRP and improve unitholder understanding of its operation (for example, the inclusion of a "Q&A" section which sets out answers to key questions relating to participation in the DRP). A copy of the updated Vital DRP is attached and is also available on Vital's website at http://vhpt.co.nz/distribution-reinvestment-plan. Existing participants in the DRP are not required to take any action as a result of the changes as their participation in the DRP will continue. - ENDS - ENQUIRIES Aaron Hockly Fund Manager, Vital Healthcare Property Trust Tel 09 973 7301, Email aaron.hockly@nwhreit.com Michael Groth Chief Financial Officer, NorthWest Healthcare Properties Management Limited Tel +61 409 936 104, Email michael.groth@nwhreit.com About Vital (NZX code VHP): Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality healthcare properties in New Zealand and Australia including private hospitals (~81% of rent), Medical Office Buildings (~11% of rent) and aged care (~8% of rent). Vital is the only specialist listed landlord of healthcare property in Australasia and currently has a portfolio valued at over $2 billion. Vital is managed by NorthWest Healthcare Properties Management Limited, a subsidiary of Toronto Stock Exchange listed NorthWest Healthcare Properties REIT, a global owner and manager of healthcare property. For more information, visit our website: www.vhpt.co.nz End CA:00357799 For:VHP Type:OFFER Time:2020-08-12 08:41:43