Internalisation Update – IRD Binding Ruling

Vital Healthcare Property Trust (Vital) is pleased to announce that it has received a binding ruling from Inland Revenue confirming that the $214m internalisation payment is fully deductible for income tax purposes. This outcome is consistent with the assumptions underlying Vital’s internalisation announcement of 10 November 2025. As a result of the ruling, Vital currently expects that distributions for at least the next three years will be excluded income to investors, reflecting the trust’s tax position following internalisation. – ENDS – ENQUIRIES Chris Adams Chief Executive Officer, Vital Healthcare Properties Management Limited Tel +61 408 665 332, Email chris.adams@vhpt.co.nz Michael Groth Chief Financial Officer, Vital Healthcare Properties Management Limited Tel +61 409 936 104, Email michael.groth@vhpt.co.nz