Ramsay Health Care : ASX Appendix – CARES Dividend Update Announcement 2022

Notification of dividend / distribution

Update Summary

Entity name

RAMSAY HEALTH CARE LIMITED

Security on which the Distribution will be paid

RHCPA - TRANS PREF 6-BBSW+ 4.85% PERP SUB RED T-10-10

Announcement Type

Update to previous announcement

Date of this announcement

24/2/2022

Reason for the Update

The announcement on 20 October 2021 was conditional upon the Board of Ramsay Health Care resolving to pay the dividend in accordance with the CARES terms of issue as set out in Appendix A of the Prospectus dated 17 April 2005. This condition has now been met and the CARES dividend will be paid on Wednesday, 20 April 2022.

Refer to below for full details of the announcement

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Notification of dividend / distribution

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

RAMSAY HEALTH CARE LIMITED

1.2	Registered Number Type	Registration Number
ABN	57001288768
1.3	ASX issuer code
RHC

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

The announcement on 20 October 2021 was conditional upon the Board of Ramsay Health Care resolving to pay the dividend in accordance with the CARES terms of issue as set out in Appendix A of the Prospectus dated 17 April 2005. This condition has now been met and the CARES dividend will be paid on Wednesday, 20 April 2022.

1.4b Date of previous announcement(s) to this update

20/10/2021

1.5 Date of this announcement

24/2/2022

1.6 ASX +Security Code

RHCPA

ASX +Security Description

TRANS PREF 6-BBSW+ 4.85% PERP SUB RED T-10-10

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution

Ordinary

2A.2 The Dividend/distribution:

relates to a period of six months

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2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

19/4/2022

2A.4 +Record Date

30/3/2022

2A.5 Ex Date

29/3/2022

2A.6 Payment Date

20/4/2022

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

Yes

2A.7a Approvals
Approval/condition	Date for determination	Is the date estimated or
Other (please specify in	24/2/2022	actual?
Estimated
comment section)

**Approval received/condition met?

Yes

Comments

Payment of the dividend is subject to the Board of Ramsay Health Care Limited resolving to pay the dividend in accordance with the terms as set out in Appendix A of the Prospectus dated 27 April 2005 (a copy of the Prospectus in PDF format is available on the Company's website:www.ramsayhealth.com/Investors/CARES)

2A.8	Currency in which the dividend/distribution is made ("primary currency")
AUD - Australian Dollar
2A.9	Total dividend/distribution payment amount per	Estimated or Actual?
+security (in primary currency) for all	Actual
dividends/distributions notified in this form
AUD 1.72590000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? Yes

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We do not have a securities plan for dividends/distributions on this security

2A.12 Does the +entity have tax component information apart from franking?

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No

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

No

2B.2 Please provide a description of your currency arrangements

The default currency for the dividend is AUD

For non-resident security holders who would like to receive their dividend in a local foreign currency, enquiries should made through our Share Registry:

Boardroom Pty Limited

Email: [e-mail]

Telephone (from inside Australia): 1300 737 760

Telephone (from outside Australia): [phone]

Facsimile: [phone]

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at this time?

No

3A.1b Ordinary Dividend/distribution amount per security

AUD 1.72590000

3A.1a Ordinary dividend/distribution estimated amount per +security

AUD

3A.2 Is the ordinary dividend/distribution franked? Yes

3A.3 Percentage of ordinary dividend/distribution that is franked

3A.2a Is the ordinary dividend/distribution fully franked? Yes

3A.3a Applicable corporate tax rate for franking credit

(%)

100.0000 %

30.0000 %

3A.4 Ordinary dividend/distribution franked amount per +security

AUD 1.72590000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount

AUD 0.00000000

3A.5 Percentage amount of dividend which is unfranked

0.0000 %

3A.7 Ordinary dividend/distribution conduit foreign

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income amount per security

AUD 0.00000000

Part 3D - Preference +security distribution rate details
3D.1	Start date of payment period	3D.2 End date of payment period
20/10/2021		19/4/2022
3D.3	Date dividend/distribution rate is set (optional)
20/10/2021

3D.4 Describe how the date that dividend/distribution rate is set is determined

180-day Bank Bill Swap Rate (BBSW) on the first day of the dividend period, Wednesday, 20 October 2021

3D.5 Number of days in the dividend/distribution period

182

3D.6 Dividend/distribution base rate (pa)

0.0994 %

3D.7 Comments on how dividend/distribution base rate is set

180-day Bank Bill Swap Rate (BBSW) on the first day of the dividend period, Wednesday, 20 October 2021

3D.8 Dividend/distribution margin

4.8500 %

3D.9 Comments on how dividend/distribution margin is set

The margin for the dividend is the stepped-up rate announced on 26 August 2010

3D.10 Any other rate / multiplier used in calculating dividend/distribution rate

-1.4848 %

3D.11 Comments on how other rate used in calculating dividend/distribution rate is set

The Other Rate = -(the Market Rate + the Dividend Margin) x Tax Rate

The Tax rate is the current prevailing Australian corporate tax rate of 30%

3D.12 Total dividend/distribution rate for the period (pa)

3.4646 %

3D.13 Comment on how total distribution rate is set

The Dividend Rate = (the Market Rate + the Dividend Margin) x (1-Tax Rate)

Where:

• The Market Rate is the 180-day BBSW on the first day of the dividend period, Wednesday, 20 October 2021
• The Dividend Margin is the stepped-up rate announced on 26 August 2010
• The Tax Rate is the current prevailing Australian corporate tax rate of 30%

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