Ryman Offer Closed Announcement

NZX MEDIA RELEASE 10 December 2020 RYMAN CLOSES ITS RETAIL BOND OFFER AND SETS THE INTEREST RATE Ryman Healthcare Limited (Ryman) today announced that, following a successful bookbuild, the issue size of its 6 year fixed rate bond offer has been set at $150 million. This includes oversubscriptions of $50 million, being an oversubscription of 50%. All of the bonds have been allocated to intermediaries for distribution to their clients and there is no public pool available. Ryman Chairman Dr David Kerr said he was very pleased with the strong support for Ryman's inaugural retail bond issue. This is a key step for diversifying and extending the duration of our debt funding programme as we continue to grow and provide market leading retirement village and aged care facilities to New Zealanders and Australians. The issue margin for the bonds has been set at 2.00% per annum and the interest rate for the bonds for the 6 year period has been set at 2.55% per annum. The bonds will be issued on 18 December 2020 and will mature on 18 December 2026. The bonds are expected to be quoted on the NZX Debt Market under the ticker code RYM010. The full details of the offer are contained in the Final Terms Sheet which is attached, and available through www.rymanhealthcare/investors/bonds. For further information please contact: Joint Lead Managers ANZ 0800 269 476 Forsyth Barr 0800 367 227 Hobson Wealth 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:00364817 For:RYM Type:OFFER Time:2020-12-10 15:29:50