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FY25 Results Presentation HealthCo Healthcare & Wellness REIT 15 August 2025 For personal use only
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Acknowledgement of Country 2 HealthCo acknowledges the Traditional Custodians of Country throughout Australia and celebrates their diverse culture and connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples. Journey of Creation Billy Reynolds (2024) © the artist courtesy Billy Reynolds For personal use only
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Agenda 01 Results Overview 3 03 Portfolio Update 04 Developments Sid Sharma HMC Capital Managing Director, Real Estate 02 Healthscope Update Christian Soberg HCW Fund Manager 05 Financial Results 06 Outlook For personal use only
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01 Results Overview 4 The George Private Hospital (Sydney) For personal use only
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FY25 summary 5 Prudent capital management and focus on resolving the Healthscope situation Notes: All metrics as at 30-Jun-25 unless otherwise stated. Includes Camden Stages 2 & 3, HCW’s interest in UHF. 1. Gearing is defined as Borrowings (excluding unamortised debt establishment costs) less cash divided by Total Assets less Right of use assets and Cash and cash equivalents. Pro forma for exchanged asset sales post Jun-25. 2. Cash and undrawn debt per revised senior facility limit. Pro forma for exchanged asset sales post Jun-25. 3. Adjusted for Healthscope partial rent deferral agreement with 15% rent deferred in May and June 2025. Unadjusted rent collection is 95%. 4. By GLA. Includes signed leases, MoUs and rental guarantees across operating assets. Excludes development assets. 5. NOI growth calculated on a LFL basis, excluding assets divested in FY25, inclusive of market reviews. Excludes ECL provision. 6.6 cents FFO/unit -18% vs FY24 4.2 cents DPU - distributions suspended in H2 FY25 Capital management Financial result impacted by the suspension of distributions in H2 FY25 by UHF Prudent capital management with gearing at the lower end of the 30-40% target range Diversified portfolio with long lease expiry profile of 11.5 years Continued strong operational performance across the portfolio with high embedded rental growth $1.44 NTA/unit -$0.14 vs Dec-24 Portfolio OperationsFinancials 31% Pro-forma gearing1 Lower end of target range $80m Asset recycling $104m Pro-forma cash and undrawn debt2 $1.5bn Portfolio valuation 5.68% Portfolio cap rate 11.5yrs WALE 98% Contracted rent collection3 99% Occupancy4 +5.2% LFL NOI growth5 For personal use only
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02 Healthscope Update 6 Knox Private Hospital (Melbourne) For personal use only
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1,200 1,520 1,440 Acqusition (Mar-23) Dec-24 Jun-25 7 Healthscope portfolio overview Portfolio of 11 private hospitals in metro locations with over 366,000 patient episodes in CY24, representing ~53% of HCW’s income1 HSO portfolio valuation ($m)3 Valuation gain: +$80m net valuation gain since the acquisition in 2023 with the entire portfolio independently valued at Jun-25 Portfolio summary2 Notes: 1. HSO income contribution has been calculated on a proportionate basis, in which HCW has a 49.6% interest in UHF’s income. 2. Northpark, VRC, Pine Rivers and Geelong are 100% owned by HCW. The other hospitals are owned by UHF, in which HCW has a 49.6% interest. The other investors in UHF are Sovereign Wealth Funds and Global and Domestic Super Funds. 3. Valuation on a 100% portfolio basis. 4. Management estimates based on current development pricing environment. 5. Actual cash rent collected. Jun-25 quarter impacted by partial rent deferral agreement under which 15% of rent for May-Aug 2025 has been deferred and is payable in Sep-25. Northpark (VIC) VRC (VIC) Pine Rivers (QLD) Sydney Southwest (NSW) Geelong (VIC) Mount (WA) Campbelltown (NSW) Sunnybank (QLD) Ringwood (VIC) Nepean (NSW) Knox (VIC) Replacement value estimate4 Quarterly cash rent collection5 ($m) Increased cash rent collection driven by expiry of incentives and rentalisation of brownfield development capex - 5 10 Jun-23 Jun-24 Jun-25 100% owned by HCW 100% owned by UHF Acquisition (Mar-23) For personal use only
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8 Healthscope update HCW/UHF are working proactively with the Receiver in relation to the current Healthscope sale process to replace Healthscope as the tenant across the portfolio Healthscope receivership and sale process A process to sell the Healthscope operating business commenced in Jan-25 but did not deliver an outcome In May-25, two entities within the Healthscope group entered into receivership and administration; the counterparties that HCW and UHF contract with continue to operate and are not in receivership or administration The sale process, now led by the Receiver, subsequently recommenced and is currently ongoing Rent 100% of contracted rent has been paid1 and all the 11 hospitals owned by HCW and UHF continue to operate as normal Legal rights All existing legal rights of HCW and UHF remain in place, including cross default and termination rights in the event of non-compliance with lease obligations Current status Initiatives to resolve the Healthscope situation HCW and UHF are working proactively with the Receiver in relation to the current Healthscope sale process to replace Healthscope as the tenant across the portfolio Alternative lease arrangements In the event that the Receiver led sale process does not result in one or more proposed assignees and lease arrangements which HCW / UHF consent to, the landlords will look to enter into final lease arrangements with alternative tenants Conditional agreements have now been reached with alternative operators HCW’s priorities Continuity of services at all the hospitals Ensuring that the portfolio is tenanted by well capitalised operators with a strong operational track record Maintaining jobs for nurses and hospital staff Maintaining long term value for HCW unit holders Note: 1. In accordance with the partial rent deferral agreement announced in May-25. FY23 FY26FY24 FY25 Feb-23 $1.2bn portfolio acquisition Mount expansion completion May-25 Two non-operating HSO entities enter into Receivership Oct-25 Expiry of final UHF lease incentives Aug-23 Nepean expansion completed Oct-24 Northpark expansion completed May-24 Knox expansion completed Jan-25 Start of previous Healthscope sales process Oct-23 Establishment of UHF Extensive engagement with alternative hospital operators For personal use only
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03 Portfolio update 9 Springfield (Brisbane) For personal use only
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Portfolio overview 10 Diversified portfolio of private hospitals and health infrastructure assets with long lease expiry profile of 11.5 years Notes: Numbers may not add due to rounding. 1. Includes Camden Stage 2 & 3, HCW’s share in UHF owned properties. 2. Weighted Average Capitalisation Rate excludes Camden Stages 2-3. 3. NOI Growth calculated on a LFL basis, excluding assets divested in FY25, inclusive of market reviews. Excludes ECL provision. 4. Blended Weighted Average Lease Expiry by gross income. Includes signed leases and MoUs across all operating and development assets. 5. Rent collection for FY25. 6. Total capex, including UHF on a 100% basis. 7. By gross income. Includes signed leases and MoUs across all operating and development assets. Assumes 100% of UHF leases in calculation. 8. Includes signed leases and MoUs across all operating and development assets. Income from ‘Other’ subsectors of 8%. 9. Lease expiry profile by gross income. Includes signed leases and MoUs across all operating and development assets. Portfolio subsectors – income split and key tenants1,8 Lease expiry profile9 Number of properties 26 Portfolio valuation1 $1,483m WACR2 5.68% LFL NOI Growth3 5.2% WALE4 11.5 years (inc. EAI) Lease expiry profile 82% of leases expire in FY31+ Occupancy 99% Contracted rent collection5 98% CPI linked / fixed leases 81% / 19% Development pipeline6 ~$500m Triple Net Leases7 ~76% Geographic split by value Portfolio metrics 61% Private Hospitals 19% Primary & Specialty Care 8% Government, Life Sciences & Research 4% Aged Care 1% 3% 5% 8% 2% 82% FY26 FY27 FY28 FY29 FY30 FY31 + 36% 33% 25% 7% NSW VIC QLD WA For personal use only
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Cancer Care Australia’s largest radiation oncology provider, operating 44 sites nationally Asset description Offers access to evidence-based cancer care services including radiation oncology and allied health services Nursing College and Health Hub One of Queensland’s largest healthcare services providers Asset description Health Hub and Nursing College supporting Mater’s Springfield Hospital. This asset is a leading healthcare ecosystem in Brisbane’s high growth western corridor Private Hospitals Private hospital operator in the greater Sydney Metropolitan area Asset description 78-bed maternity and surgical hospital in Camden, Australia’s fastest growing LGAAged Care Estia Health operates over 80 homes with >10,000 residents across SA, VIC, NSW and QLD Asset description One of the largest residential Aged Care facilities in NSW with 250 beds 11 Portfolio subsectors HCW has a $1.5bn portfolio that provides exposure to healthcare subsectors that are underpinned by powerful megatrends The George Private Hospital (Sydney) Springfield (Brisbane) Ringwood (Melbourne) Erina (NSW) For personal use only
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Portfolio metro locations 12 96% of the HCW portfolio is located in metro areas with strong population growth across Australia’s four largest capital cities1,2,3 Sydney Gold Coast CBD Brisbane CBD Proxima Springfield Morayfield GC Chermside GC Southport Pine Rivers Sunnybank Vitality Village 24% of portfolio Notes: Source: 1. IQCensus & ABS data. Inclusive of HCW’s proportionate interest in UHF. 2. Population growth reflects the 10-year forecast growth to 2035. 3. Portfolio data as at Jun-25. Ringwood The George Sydney CBD Rouse Hill Campbelltown Sydney Southwest Nepean Macquarie Park 33% of portfolio $374m Total value Melbourne CBD Northpark Knox Vic Rehab Centre Geelong 32% of portfolio Ringwood GC Ringwood Melbourne Brisbane, Gold Coast and Sunshine Coast For personal use only
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67% gender diversity achieved for independent Board director positions at HCW level4 Ensuring responsible investment practices and advancing positive social impact through considered selection of assets, operators and services delivered HealthCo continues to target our social needs program to support youth under 18 years of age, which is being supported by the National Partnership between HMC Capital and Eat Up 13 Continued progress with ESG initiatives that deliver a positive social impact Notes:: Reported from Group level and as at 30-Jun-25 unless otherwise stated.1. Pending external audit, based on a like-for-like asset dataset across managed real estate funds; a) excludes assets where the tenant is responsible for electricity consumption and has complete operational control of the property; b) excludes assets that were held for sale and assets that were developed post-FY22; 2. Sites that are classified as feasible include assets where we have operational control, and the building infrastructure and architecture is suitable for the proposed sustainability initiative (solar and/or EMS). Feasible assets represent 32% of total owned HCW portfolio for solar roll-out & 16% of HCW portfolio for EMS roll-out.; 3. As at Jul-25. Eligible sites with full information only, excludes assets with no operational control and assets acquired during the year. 4. Under recognised rating tools some of our solar installations cannot be recognised in our calculations because the solar installations are operated by third part energy retailers. Sustainability update Real estate platform on track to achieve ~32% reduction in scope 1 and scope 2 emissions (vs FY22 baseline) 1 achieved through smart Energy Management Systems (EMS) and solar roll out. If we were to recognise the benefits of the solar roll out 4, treatment of the solar benefit (embedded networks allocation) and recognition of Energy Efficient Certificates – the reduction in consumption compared to baseline would be ~50%1 In FY25 across real estate, ~70% of feasible sites had solar installed against a target of 65% 2 HealthCo weighted portfolio current average of 5.9 Star NABERS Energy & 5.1 Star NABERS Water rating achieved3 Environment Social Governance Clear and transparent governance processes established FY26 ESG KPIs established for leadership team HealthCo representative invited to each meeting of the HMC Capital Sustainability Committee Continuing to integrate ASRS Sustainability standards in preparation for future mandatory reporting For personal use only
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04 Developments 14 Proxima (Gold Coast) For personal use only
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15 Notes: 1. 100% owned by UHF. Completed developments Proxima and the Mount Private Hospital expansion were completed in FY25 $24m brownfield development of a significant private hospital in Perth at a funding rate of 7.5% Works included upgrading an existing ward, upgrading cardiac catheter laboratories and construction of a new day surgery admissions area $84m health hub adjacent to Gold Coast University Hospital, one of the largest Public Hospitals in Queensland, and Gold Coast Private Hospital Key tenants include Queensland Health, Sanctuary Early Learning Centre and Mater Proxima (Gold Coast) Mount Private Hospital (Perth)1 For personal use only
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Private Hospital & Health Research Precinct2 Adjacent to HCW’s The George Private Hospital 16 Notes: 1. Total capex, on a 100% basis. 2. HCW’s current interests in Stages 2 and 3 are 28% and 32%, respectively. Development pipeline update ~$340m Estimated capex1 ~31% HCW ownership2 6-7% Target yield on cost Private Hospital Adjacent to new $910m Public Hospital ~$150m Estimated capex1 100% HCW ownership 6-7% Target yield on cost HCW will only seek to unlock its ~$500m development pipeline1 once the Healthscope situation has been resolved and funding partners have been secured Camden Stages 2/3 (Sydney) Rouse Hill (Sydney) SSDA approved Private Hospital & Health Research facility in one of Australia’s fastest growing LGAs Located adjacent to The George Private Hospital which commenced operations in 2023 The NSW Government has allocated $910m to build a significant new Public Hospital in Rouse Hill − Services will include an Emergency Department, inpatient and day beds and a maternity unit HCW’s Rouse Hill asset is located adjacent to the Public Hospital site, providing a strategic opportunity to develop a co-located private facility For personal use only
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05 Financial Results 17 Campbelltown Private Hospital (Sydney) For personal use only
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6.6 8.4 1.8 FY25A UHF distributions suspended H2 FY25 Withdrawn FY25 guidance 18 FFO FY25 FFO of 6.6 cpu The financial result is consistent with previous guidance3 when adjusted for the suspension of distributions from UHF in H2 FY25 Distribution FY25 distribution of 4.2 cpu is 100% tax deferred HCW did not declare distributions in H2 FY25 in order to maintain balance sheet flexibility Earnings summary FY25 FFO of 6.6cpu and DPU of 4.2c with the financial result impacted by the suspension of distributions from UHF in H2 FY25 $m FY24 FY25 Property NOI 64.5 58.0 UHF Distribution1 14.5 10.0 Responsible entity fees (7.6) (6.2) Other corporate expenses (2.8) (3.0) EBITDA 68.6 58.8 Net interest expense2 (23.3) (22.3) FFO 45.3 36.5 Units on issue (m) (weighted average) 566.9 554.8 FFO per unit (cents) 8.0 6.6 Distribution per unit (cents) 8.0 4.2 DPU FFO coverage 100% 64% Notes: 1. UHF distribution from Jul-24 to Dec-24. 2. Net of Interest Income. 3. FY25 FFO/and DPU guidance was withdrawn on 4 Mar-25, pending resolution of the Healthscope situation. FY25 FFO/unit bridge (cents) For personal use only
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Balance sheet 19 $1.5bn consolidated investment property portfolio with NTA of $1.44/unit Notes: Numbers may not add due to rounding. 1. Interest rate swaps expiring within 1 year. 2. Investment properties includes Right-of-Use Assets. 3. Investment in Associate represents HCW’s investment in Camden Stages 2 & 3, net of share of profit and HCW’s investment in UHF, net of share of profit and distributions. 4. Net of amortised borrowing costs. In Jul-25, the senior debt facility was extended to Nov-26. 5. Inclusive of Non-controlling interest. 6. Excludes straight lining, amortisation and capitalised transaction costs. 7. Fair value represents HCW’s investment properties and HCW’s interest in Camden Stages 2 & 3 land plus HCW’s interest in UHF’s investment properties. Investment Properties Consolidated portfolio of $1.5bn7 as at Jun-25, with 72% of the portfolio independently valued, including all 11 Healthscope facilities 4% gross decrease on the Dec-24 valuation6, driven by 37bps of cap rate expansion Borrowings The senior debt facility was extended to Nov-26 in Jul-25 Buyback 11.5m units bought back at an average of 32% discount to NTA in FY25 NTA NTA of $1.44/unit as at Jun-25 $m Dec-24 Jun-25 Cash and cash equivalents 5.5 40.5 Trade and other receivables 8.8 1.7 Derivative financial instruments1 - 0.3 Other assets 1.2 1.5 Total current assets 15.5 44.0 Investment Properties2 964.9 889.2 Investment in Associates3 371.0 339.6 Derivative financial instruments 2.2 - Total non-current assets 1,338.1 1,228.8 Total assets 1,353.6 1,272.8 Trade and other payables 31.7 14.6 Distribution payable 11.6 - Derivative financial instruments1 - 0.2 Total current liabilities 43.3 14.8 Trade and other payables - 14.8 Borrowings4 438.3 445.2 Derivative financial instruments - 0.4 Lease liabilities 3.1 3.1 Total liabilities 484.7 478.3 Net assets 868.9 794.5 Units on issue (m) 550.5 550.2 NTA per unit ($)5 1.58 1.44 Portfolio movements $1,587m $1,402m $1,402m $926m $926m $1,483m - $14m $28m ($37m) ($109m) ($141m) Dec-24 Jun-25 7 7 HCW IP + 49.6% of UHF Asset sales Capex & incentives Cap rate movement NOI increase For personal use only
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Capital management 20 Gearing at the lower end of the target range and compliant with all debt covenants Interest hedge book Notes: 1. PF for facility extension to Nov-26. 2. Gearing is defined as Borrowings (excluding unamortised debt establishment costs) less Cash and cash equivalents divided by Total Assets less Cash and cash equivalents and ROUA.3. Includes swap interest costs and excludes capitalised borrowing costs and commitment fees. Cost of debt as at the end of each reference period. 4. Pro forma for exchanged asset sales post Jun-25. 5. UHF gearing as at Jun-25 is 44%. Asset recycling update HCW has exchanged on 3 GenesisCare facilities (Chermside, Wembley and Southport) post the Jun-25 balance sheet date Liquidity Jun-25 pro-forma cash and undrawn debt of $103.8m (adjusted for exchanged asset sales) Gearing Jun-25 pro-forma gearing of 31% (adjusted for exchanged asset sales5) In compliance with all debt covenants Hedging 84% hedged as at Jun-25 Debt facilities summary ($m) Dec-24 Jun-251 Liquidity Senior facilities undrawn 109.2 28.2 Cash at bank 5.5 75.6 PF4 Total 114.7 103.8 Debt summary Maturity May-26 Nov-26 Limit 550.0 475.0 Drawn 440.8 446.8 Key debt metrics Dec-24 Jun-25 Gearing2 32.4% 31.1% PF4 Interest coverage ratio (ICR covenant: 1.75x) 2.4x 2.3x % of debt hedged 85% 84% Hedged Debt tenor (years) 1.0 0.5 Weighted avg. debt cost (% p.a.)3 5.5% 5.6% $375m $75m 3.53% 3.56% 0 100 200 300 400 30-Jun-25 30-Jun-26 Average rate For personal use only
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06 Outlook 21 Nepean Private Hospital (Sydney) For personal use only
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FY26 outlook 22 Key focus remains to resolve the Healthscope situation and narrow the discount to NTA Note 1.. Data from ABS. 2. 2024 data for non-urgent elective surgery from https://www.aihw.gov.au/hospitals/topics/elective-surgery/waiting-times. Selection shown are located adjacent of close to UHF hospitals at Nepean, Liverpool and Sunnybank. 28 32 3618% 20% 21% 10% 15% 20% 20 25 30 35 40 45 2025 2035 2045 Population (m) % aged 65+ 312 343 361 Liverpool (NSW) Nepean (NSW) Princess Alexandria (QLD) Median waiting time for elective surgey (days) 1 2 3 Healthscope tenancy resolution HCW’s key goal is to ensure continuity of services at all HCW/UHF hospitals in order to preserve long term value for HCW’s unit holders Prudent capital management HCW has sufficient liquidity to comply with debt covenants and fund any new arrangements with alternative operators in the event that the Receiver led sale process does not result in one or more proposed assignees and lease arrangements which HCW / UHF consent to Distributions and guidance It is expected that distributions will recommence once the Healthscope situation has been resolved HCW does not intend to issue guidance until the situation has been resolved HCW’s conviction in healthcare real state remains strong with long term growth underpinned by powerful megatrends – including a growing and ageing population1 and a stretched public healthcare system2 HCW’s investment thesisFY26 outlook For personal use only
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Appendix Additional information 23 Morayfield (Brisbane) For personal use only
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Portfolio summary (Jun-25) 24 Diversified healthcare real estate portfolio with a total value of $1.5bn1 Notes: 1. All FY25 metrics as at 30 Jun-25. Includes HCW’s share in UHF. 2. By gross income. Includes signed leases and MoUs across all operating and development assets. 3. By GLA. Includes signed leases, MoUs and rental guarantees across operating assets. Excludes development assets. 4. Excludes GenesisCare Urraween ROU asset valued at $2.9m as at Jun-25. 5. Valuation represents proportionate share of assets accounted for as equity accounted investments. 6. UHF includes 7 Healthscope hospital assets. 7. Subsequently exchanged tor sale. Asset State Fair Value ($m) Cap Rate (%) Site Area (sqm) WALE Occupancy3 (by income)2 Hospitals Camden NSW 100.0 5.13% 8,036 12.5 100% The Geelong Clinic VIC 42.0 6.00% 14,935 13.8 100% Northpark Private Hospital VIC 110.0 5.88% 19,630 12.8 100% Pine Rivers Private Hospital QLD 51.6 6.00% 9,346 14.8 100% The Victorian Rehabilitation Centre VIC 63.0 5.75% 39,408 13.8 100% Primary Medical GenesisCare – Wembley7 WA 15.9 5.50% 2,459 11.2 100% GenesisCare – Southport7 QLD 11.4 6.00% 1,236 11.1 100% GenesisCare - Chermside7 QLD 10.0 6.00% 1,080 11.1 100% GenesisCare - Nambour QLD 8.4 7.00% 3,456 1.1 100% GenesisCare - Ringwood VIC 7.8 5.50% 835 6.4 100% GenesisCare - Shepparton VIC 7.8 5.88% 1,370 6.1 100% GenesisCare – Urraween4 QLD 6.2 6.25% 860 4.1 100% Macquarie Park NSW 82.3 6.13% 9,731 7.8 100% Morayfield Health Hub QLD 103.7 6.00% 17,797 4.5 99% Rouse Hill NSW 75.0 5.25% 36,100 3.9 100% Springfield QLD 37.5 5.63% 31,030 7.4 99% Vitality Village QLD 27.7 6.75% 4,636 3.0 100% Aged Care Erina NSW 42.5 6.25% 33,280 5.2 100% Gov't, Life Sciences & Research Proxima QLD 83.6 5.88% 3,040 11.5 100% Total owned properties 886.4 5.82% 238,265 8.9 98% Equity Accounted Investments5 Camden Trust 2 & 3 NSW 14.5 n.m. 41,400 n.a. n.a. UHF6 NSW, QLD, VIC, WA 582.0 5.48% 112,858 13.8 100% Total HCW Portfolio (incl. investments in JV) 1,482.8 5.68% 392,523 11.5 99% For personal use only
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$m FY24 FY25 Funds from operations (FFO) 45.3 36.5 FFO adjustments: Loss on deconsolidation (26.4) - Fair value movements - investment properties (19.0) (61.2) Fair value movements – derivatives (4.5) (5.5) Share of profit/(loss) of equity accounted investees 32.2 (30.2) Distributions from equity accounted investees (14.5) (10.0) Other movements1 (5.8) (18.9) Statutory profit/(loss) 7.3 (89.3) Additional financial information 25 FFO reconciliation Notes: 1. Including straight lining, amortisation and transaction costs. FY25 statutory loss impacted by fair value movements on investment properties and share of loss of equity accounted investees s, primary driven by capitalisation rate expansion For personal use only
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Contacts 26 Investors and Analysts Media Christian Soberg HCW Fund Manager +61 450 417 712 christian.soberg@hmccapital.com.au John Frey Corporate communications +61 411 361 361 john@brightoncomms.com.au Authorised for release by the Board of HCW Funds Management Limited Level 31, 1 Macquarie Place, Sydney NSW 2000 For personal use only
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Disclaimer 27 This presentation (Presentation) has been prepared by HCW Funds Management Limited (ABN 58 104 438 100, AFSL 239882) (Responsible Entity) as responsible entity of HealthCo Healthcare & Wellness REIT (652 057 639). Summary information This Presentation contains summary information about the current activities of HealthCo Healthcare & Wellness REIT and its subsidiaries as at the date of this Presentation. The information in this Presentation is of a general nature and does not purport to be complete. This Presentation does not purport to contain all the information that an investor should consider when making an investment decision nor does it contain all the information which would be required in a product disclosure statement or pros pectus prepared in accordance with the requirements of the Corporations Act 2001 (Cth). This Presentation is subject to change without notice and the Responsible Entity and HealthCo Healthcare & Wellness REIT may in their absolute discretion, but without being under any obligation to do so, update or supplement the information in this Presentation. Certain market and industry data used in connection with this Presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. None of th e Responsible Entity, HealthCo Healthcare & Wellness REIT or their respective representatives have independently verified any such market or industry data provided by third parties or industry or general publications. The information in this presentation should be read in conjunction with HealthCo Healthcare & Wellness REIT's other periodic and continuous disclosure announcements lodged with the Australian Securities Exc hange, which are available at www.asx.com.au. To the maximum extent permitted by law, the Responsible Entity, HealthCo Healthcare & Wellness REIT and their respective subsidiaries, affiliates, related bodies, directors, corporates, officers, employees, partners, agents and advisers make no representation or warranty (express or implied) as to the currency, accuracy, reliability, reasonableness or completeness of the information in this Presentation and disclaim all responsibility and liability for the information (including without lim itation, liability for negligence). Past Performance Past performance information given in this Presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance or reasonableness of any forward looking statements, forecast financial information or other forecast. Actual results could differ materially from those referred to in the Presentation. Forward Looking Statements This Presentation contains certain “forward looking statements”. Forward looking statements can generally be identified by th e use of forward looking words such as, “expect”, “anticipate”, “likely”, “intend”, “should”, “could”, “may”, “predict”, “plan”, “propose”, “will”, “believe”, “forecast”, “estimate”, “target” “outloo k”, “guidance”, “continue”, “potential” and other similar expressions and include, but are not limited to, indications of, or guidance or outlook on, future earnings or financial position or performance of HealthCo Healthcare & Wellness REIT. The forward looking statements contained in this Presentation are not guarantees or predictions of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of the Responsible Entity or HealthCo Healthcare & Wellness REIT, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct. Neither the Responsible Entity, HealthCo Healthcare & Wellness REIT, nor any other person, gives any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this presentation will actually occur. There can be no assurance that actual outcomes will not differ materially from these forward looking statements. A number of important factors could cause actual results or performance to differ materially from the forward looking statements. The forward looking statements are based on information available to the Responsible Entity and HealthCo Healthcare & Wellness REIT as at the date of this Presentation. To the maximum extent permitted by law, the Responsible Entity and its directors, officers, partners, employees, advisers, agents and intermediaries disclaim any obligation or undertaking to release any updates or rev isions to the information to reflect any change in expectations or assumptions. Except as required by law or regulation (including the ASX Listing Rules), the Responsible Entity undertakes no obligation to provide any additional or updated information whether as a result of new information, future events or results or otherwise. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward looking statements. For personal use only
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