Promisia Healthcare Valuations Increase 17%

Promisia Healthcare Limited (Promisia) (NZX: PHL) is pleased to advise that, following completion of its annual valuation process, the market value of its care facility and retirement village portfolio has increased materially as at 31 March 2026. The aggregate market valuation of Promisia’s portfolio has increased from $91.55 million to $107.20 million, representing an increase of $15.65 million, or 17.1%. Importantly, the valuation uplift has been achieved across the full portfolio, with each of Promisia’s five sites increasing in value by at least 10%. This reflects broad-based improvement across the Group, rather than a single asset or one-off valuation movement. The valuation uplift reflects the significant operational progress made across FY26, including: • improved occupancy across the Group from 87% at March 2025 to 94% at March 2026; • the successful conversion of the Nelson Street dementia wing, which is now fully occupied; • the successful completion of the Ranfurly Manor care suite sales programme; • the operational reset at Aldwins House, which has strengthened leadership, care quality, reputation and occupancy; and • the realisation of operational efficiencies and group synergies following the integration of the Cromwell sites into Promisia. Together, these improvements show the value being created through a clear focus on care delivery, occupancy and operational discipline across the Group. Promisia is currently completing its full year results for the year ended 31 March 2026, which will be released to the market on or before 29 May 2026. Those results will include further detail on the valuation uplift and the Group’s financial performance for FY26. ENDS Authority for this announcement: Francisco Rodriguez Ferrere – Chief Financial Officer, Promisia Healthcare Limited For more information, please contact: Francisco Rodriguez Ferrere, Chief Financial Officer, Promisia Healthcare Limited Phone: +64 21 245 1801 or email: Francisco.rf@promisia.co.nz