Lodgement of PDS for Retail Bond Offer

NZX MEDIA RELEASE 26 November 2020 RYMAN LODGES PRODUCT DISCLOSURE STATEMENT FOR RETAIL BOND OFFER Ryman Healthcare Limited (Ryman) has announced an offer of up to $100 million (with the ability to accept oversubscriptions of up to an additional $50 million at Ryman's discretion) of 6 year, fixed rate bonds to New Zealand institutional and retail investors. The bonds will be unsubordinated obligations of Ryman, and will have the benefit of a guarantee and security package provided by the Ryman guaranteeing group. The offer is expected to open on 7 December 2020 and close on 10 December 2020. Ryman has appointed ANZ Bank New Zealand Limited (ANZ) as Arranger, and ANZ, Forsyth Barr Limited, Hobson Wealth Partners Limited and Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch) as Joint Lead Managers in relation to the offer. Full details of the offer are contained in the Product Disclosure Statement (PDS) which was lodged today. The PDS is available through www.rymanhealthcare.co.nz/investors/bonds or by contacting a Joint Lead Manager or your usual financial adviser, and must be obtained by investors before they decide to acquire any bonds. There is no public pool for the offer, with all of the bonds being reserved for clients of the Joint Lead Managers, NZX participants and other approved financial intermediaries. Investors can register their interest by contacting a Joint Lead Manager or their usual financial adviser. This offer is being made in accordance with the Financial Markets Conduct Act 2013 and the bonds are expected to be quoted on the NZX Debt Market. Copies of the PDS and Ryman's roadshow presentation are attached and available through www.rymanhealthcare.co.nz/investors/bonds Joint Lead Managers ANZ - 0800 269 476 Forsyth Barr - 0800 367 227 Hobson Wealth Partners - 0800 742 737 Westpac - 0800 942 822 About Ryman: Ryman Healthcare was founded in Christchurch in 1984 and owns and operates 39 retirement villages in New Zealand and Australia. Ryman villages are home to more than 12,000 residents, and the group employs more than 6,000 staff. Contacts: For investor relations information contact Michelle Perkins, Investor Relations Manager, on 027 222 9684 (+64 27 222 9684) or email michelle.perkins@rymanhealthcare.com For media information or images contact David King, Corporate Affairs Manager, on 021 499 602 (+64 21 499 602) or email david.king@rymanhealthcare.com End CA:00363976 For:RYM Type:OFFER Time:2020-11-26 10:36:58