Ramsay Health Care : ASX Announcement - Presentation to Macquarie Australia Conference

ASX ANNOUNCEMENT

4th May 2021

PRESENTATION TO MACQUARIE AUSTRALIA CONFERENCE

Ramsay Health Care (ASX:RHC) (Ramsay) is attending the Macquarie Australia Investment Conference this week. Ramsay's Managing Director and CEO Craig McNally will deliver the enclosed presentation with accompanying speaker notes at the conference. The key new information and updates provided in the presentation include:

• Slide 6 - credit rating agency Fitch has ascribed Ramsay's Wholly Owned Funding Group an investment grade credit rating of BBB (Stable).
• Slides 15 and 16 include a 3QFY21 trading update for Ramsay Australia including trends in admissions for the period
• Slide 19 includes a 3QFY21 trading update for Ramsay UK
• Slide 23 includes a 3QFY21 trading update for Ramsay Santé

The release of this announcement has been authorised by the Ramsay Health Care Disclosure Committee.

For Further Information Contact:

Kelly Hibbins

Group Head of Investor Relations Ramsay Health Care

[phone] [e-mail]

Ramsay Health Care

2021 International Year of Health & Care Workers

Macquarie Australia Conference Presentation

Managing Director & CEO, Craig McNally

Group Chief Financial Officer, Martyn Roberts

Important information

The information in this presentation is general background information about Ramsay Health Care Limited and its subsidiaries (Ramsay Group) and their activities and is current as at 4th May 2021. It is in summary form and is not necessarily complete. The information in this presentation is general information only and is not intended to be relied upon as advice to investors or potential investors and does not take into account your objectives, financial situation or needs. Investors should consult with their own legal, tax, business and/or financial advisers in connection with any investment decision.

The information in this presentation is believed to be accurate at the time of compilation. Any views expressed in this presentation are opinions of the author at the time of presenting and do not constitute a recommendation to act. No person, including any member of the Ramsay Group, has any responsibility to update any of the information provided in this presentation.

This presentation contains forward looking statements. These forward looking statements should not be relied upon as a representation or warranty, express or implied, as to future matters. Prospective financial information has been based on current expectations about future events and is, however, subject to risks, uncertainties, contingencies and assumptions that could cause actual results to differ materially from the expectations described in such prospective financial information. The Ramsay Group undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this presentation, subject to disclosure obligations under the applicable law and ASX listing rules.

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Global Health Care Services Provider

Ramsay Health Care was founded by Paul Ramsay in 1964 and delivers a wide range of acute and primary healthcare services to private and public patients from over 500 locations across 10 countries. The Group's 77,000+ employees together with its clinical partners care for 8.5 million+ patient visits & admissions per annum

Operational Footprint

1. Ramsay Santé is a listed company on Euronext. Ramsay Health Care owns 52.5% of Ramsay Santé
2. Ramsay Sime Darby Health Care SDN Bhd is a 50:50 jv with Sime Darby Berhad

Strengths of the Global Business Model

• Market leading positions in private health care services
• • Ramsay Australia - #1 Australia private hospital operator
  • Ramsay Santé¹ - second largest private health care provider in Europe
  • • #1 France
    • #1 Sweden
    • #2 Norway & Denmark
    • Italy 1 hospital in the Lombardy region
  • Ramsay UK - largest independent supplier of services to the NHS
  • Ramsay Sime Darby² - Indonesia, Malaysia and Hong Kong 8 facilities leveraged to the growing middle class
• Strong and constructive relationships with public sector stakeholders
• Economies of scale
• Diversified Portfolio - geography, payors, services mix
• Clinical best practise - sharing of ideas
• Scale to invest in innovation, education and research
• Deep and experienced leadership team

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Growth Driven by Acquisitions and Organic Growth

Revenue growth has been driven by an ongoing pipeline of acquisitions

. . . as well as strong organic growth

Ramsay revenue growth and acquisition history, FY98-20 A$bn

Ramsay revenue, FY14-FY19 A$bn

14

11.6

12

Operating revenue

Capio Group Acq. Nov'18, Europe ●

2.2

HPM Group Acq. Oct'15, France ●

(33%)

CAGR of 20% from

10

FY98-19

Générale de Santé Acq. Oct'14, France ●

8

Medipsy Acq. Dec'13, France ●

Ramsay Sime Darby Joint Venture Jul'13, Asia ●

Estimate(2)

4.5

6

Group Proclif Acq. Mar'10, France ●

(67%)

4

Capio Acq. Nov'07, UK ●

Affinity Group Acq. Apr'05, AU ●

4.9

2

Benchmark Group Acq. Jul'04, AU ●

Alpha Acq. May'01, AU ●

4

0

FY'97

FY'99

FY'01

FY'03

FY'05

FY'07

FY'09

FY'11

FY'13

FY'15

FY'17

FY'19 FY'20

FY14

M&A

Organic

FY19

growth

RHC listed 23 Sep 97

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