Radius Completes On-Market Share Buyback

Radius Completes On-Market Share Buyback Radius Residential Care Limited (NZX: RAD) (Radius Care) announces the completion of its on-market share buyback programme. On 18 December 2024, Radius Care announced its intention to commence an on-market share buyback programme to purchase up to 2,000,000 of its ordinary shares, having reliance on Clause 5 of the Takeovers Code (Class Exemptions) Notice (No 2) 2001 in respect of those shareholders owning greater than 20%. The buyback has now completed with 1,551,429 ordinary shares being acquired for the average price of $0.3306 cents per share. All shares acquired were cancelled upon acquisition. Radius Care’s largest shareholder, Kade Kings Limited (Kade Kings), an entity associated with Brien Cree, Radius Care’s Executive Chair, has advised that it has completed the disposal of 0.52% of its shareholding in Radius Care to enable ongoing compliance with the above exemption granted under the Takeovers Code. Kade Kings has further advised that it does not have any present intention to dispose of additional shares of Radius Care beyond its requirement to comply with the exemption granted under the Takeover Code. Future share buyback programmes may be considered by the Board in accordance with Radius Care’s Capital Management Framework. ENDS Media and Investor Contacts Andrew Peskett Chief Executive Officer Phone: +64 21 747 363 Email: andrew.peskett@radiuscare.co.nz Jeremy Edmonds Chief Financial Officer Phone: +64 22 650 9354 Email: jeremy.edmonds@radiuscare.co.nz About Radius Care Radius Residential Care Limited was founded in 2003 and listed on the NZX in December 2020. Radius Care provides essential healthcare services to elderly New Zealanders, offering the full range of accommodation and care options in communities throughout the country. Today, Radius Care operates 24 aged care facilities, of which it owns 12 and leases 12. Four of the owned facilities also include retirement villages and Radius Care’s online shop sells specialist assisted-living products. The company employs over 2,000 people, including highly qualified healthcare staff who are committed to providing the very best in nursing care, and has expanded its services, establishing RConnect, a Nurse and Carer bureau and Home Care provider. A 51% holding in Cibus Catering was acquired in October 2024. Cibus provides menu planning and nutrition management services to the aged care sector, as well as full-service kitchen and food management to 25 care homes across New Zealand, including 12 Radius Care sites. For more information visit radiuscare.co.nz or check out our Facebook page @RadiusCareNZ.