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Radius Care Outlines Strategy for Sustainable Growth

21:45 Tue 11th August 2026
MEETING

Radius Residential Care Limited (NZX: RAD) (Radius Care) is holding its 2026 Annual Shareholders’ Meeting and Investor Session in Auckland today. In the Investor Session Radius Care outlines plans to build on its strong operating performance through accelerating expansion of its aged-care portfolio, growth in the services and products that support people as they age, and continued discipline in capital management. Radius Health Central to this strategy is the announcement of Radius Health, which will provide the framework for the wider Radius group. Radius Care will remain focused on delivering trusted, high-quality residential care, while Radius Health brings together the supporting services, products and technology being developed around it. This includes home support, Luma, Radius Shop and Cibus Catering. Founder and Executive Chair Brien Cree says Radius Health is the next step in the purpose that led him to establish Radius Care in 2003. “Radius Care began with a very personal understanding of how hard it can be for families to navigate aged care, and a desire to improve their experience. Now, 23 years later, Radius Health is our commitment to making the wider experience simpler and more connected, while keeping people and the quality of their care at the centre.” Chief Executive Officer Andrew Peskett adds that Radius Health will help the group extend its reach while strengthening its core care delivery. "Radius Care will continue to deliver the care people know us for, while Radius Health provides the platform that connects and grows our supporting services.” Growth Strategy Other key items being presented during the Investor Session today include: - Radius Care’s strong operating foundation. - A disciplined capital management approach that maintains financial resilience while supporting growth investment and continued growth in fully imputed dividends. - Expansion will more than double existing aged-care capacity over the next ten years, primarily through new care homes developed with the support of private property investors. A nine-month buyback will apply for Occupation Right Agreements in Radius Care’s retirement villages. Andrew Peskett commented “in keeping with our core purpose of care, this important initiative will provide greater certainty for residents and their families.”   Occupancy Update and FY27 Outlook Current occupancy is 96.7% vs 95.6% on 12 August 2025, with 1,923 occupied beds (vs 1,814 on 12 August 2025). Radius Care reiterates that it expects continued underlying growth in key financial metrics in FY27, boosted by the addition of Karori’s 90 beds to the portfolio from 27 May 2026. Radius Care’s Investor Session presentation is attached to this announcement and will also be made available through the Investor Centre on the Radius Care website. 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. The company now operates 25 aged care homes across New Zealand, of which it owns 13 and leases 12. Radius Care also provides retirement village living at four sites, an online shop supplying specialist assisted-living products, home support and rehabilitation services, and a 51% holding in Cibus Catering, a provider of menu planning, nutrition management and food services to the aged care sector, including to 17 independently owned sites. Radius Care employs more than 2,200 people across its operations. For more information visit radiuscare.co.nz.

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Announcement ID: 477696RAD: Company Announcements