Capital Change Announcement

Manager issues Incentive units As noted in the Annual Results for Vital Healthcare Property Trust (Vital) released to the NZX on 11 August 2022, NorthWest Healthcare Management Properties Limited (the Manager), the manager of Vital, confirms that 5,878,511 new units in Vital were issued to it today pursuant to the incentive fee provisions in Vital's Trust Deed. NorthWest Healthcare Properties REIT's (NorthWest REIT) aggregate relevant interest in Vital units has now increased to 28.29%. - 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 (~80% of portfolio value), out-patient facilities (~16% of portfolio value) and aged care (~4% of portfolio value). Vital is the only specialist listed landlord of healthcare property in Australasia and currently has a portfolio valued at over $3.3 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:00398023 For:VHP Type:SECISSUE Time:2022-08-31 16:08:54