Vital Healthcare Property Trust : 2017 Annual Result Presentation

ANNUAL RESULTS 30 JUNE 2017 BUILDING A HEALTHY FUTURE.

10 August 2017

David Carr, Chief Executive Officer Stuart Harrison, Chief Financial Officer

AGENDA

 Highlights

 Strategy

 Financials

 Portfolio

 Outlook

Note: This result presentation should be read in conjunction with the NZX stock exchange release dated 10 August 2017. Due to rounding, numbers presented in

this presentation may not add up exactly to the totals provided and percentages may not exactly reflect the absolute figures. 2

Highlights HIGHLIGHTS

Strategy delivering excellent portfolio and financial results

Strategy delivering great outcomes

 New & established partners

 High quality diversified portfolio

 Attractive sector fundamentals

 Strong capital position

 Sustainable distribution

 Successful $160m capital raising

Portfolio in great shape

 17.7 year WALE

 +99% occupancy for 8 years

 Revaluation gain of $168.5m

 WACR firmed 113 bps to 6.04%

 A$62.6m development works continue

Financials are strong

Net income $89.7m1, +31.3%

 NPAT $217.6m, +85.6%

 NDI $61.8m, +53.6%

 NTA $2.05, +36.0%

 LVR 29.3% (FY16: 36.3%)

2018 focus: repeating success

 Proactive portfolio management

 Execute & grow development pipeline

 Sector consolidation opportunities

 Partnership focus

 Prudent capital management

 FY18 cash DPU guidance of 8.5 cpu

4

Note 1: Includes lease termination receipt of $13.8m.