Re-designation of Bret Jackson as an Independent Director

At the time of Radius Care's NZX listing in December 2020, Knox Investment Partners, a private equity firm associated with Bret Jackson, held 15.2% of the company's issued shares through Knox Fund IV NZD LP and Knox Fund IV AUD LP (the "Knox Funds"). Following an in-specie distribution in December 2021 the Knox Funds no longer hold any Radius Care shares and Knox Investment Partners no longer has a relevant interest in any Radius Care shares. Given the Knox Funds ceased to be a Substantial Product Holder of Radius Care in December 2021, and having regard to the definition of "Independent Director" in the NZX Listing Rules, and factors that may impact director independence in the NZX Corporate Governance Code, the Board has determined that Bret Jackson is an Independent Director. CONTACT DETAILS For further information, please contact: Anna Ellis Company Secretary Phone: +64 204 020 3980 Email: Anna.Ellis@radiuscare.co.nz -ends- About Radius Care Radius Residential Care Ltd was founded in 2003 and operates in the New Zealand aged care retirement village sectors. It is a nationwide provider offering the full range of accommodation and care options giving residents the ability to "age in place". Today, Radius Care operates 23 aged care facilities, of which it owns 12 and leases 11. Four owned facilities also include retirement villages and Radius Care's online shop sells specialist assisted-living products. The company employs over 1,600 people, including highly qualified healthcare staff who are committed to providing the very best in nursing care. Radius Care listed on NZX in December 2020. For more information visit radiuscare.co.nz or check out our Facebook page @RadiusCareNZ. End CA:00396034 For:RAD Type:GENERAL Time:2022-07-28 14:00:16