AUSTRALIAN UNITY LIMITED — Capital/Financing Update 2025

Oct 16, 2025

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ASX Announcement

17 October 2025

Successful completion of Entitlement Offer

Australian Unity Limited ( Australian Unity ) is pleased to announce the successful completion of its non-underwritten 1 for 4 pro rata non-renounceable entitlement offer of new mutual capital instruments ( New MCIs ) as announced on Wednesday 24 September 2025 ( Entitlement Offer ).

The completion of the accompanying non-underwritten placement to wholesale investors ( Placement ) was announced on Thursday 25 September 2025.

The Entitlement Offer closed at 5:00pm (Melbourne time) on Tuesday 14 October 2025 and raised a total of approximately $49.8 million at $80 per New MCI. The total amount raised under the Entitlement Offer (including by way of the oversubscription facility) and Placement is approximately $209.8 million.

A total of approximately 1,825 valid applications for New MCIs were received from eligible MCI holders for approximately 622,668 New MCIs equating to approximately $49.8 million (including applications accepted under the oversubscription facility for approximately 114,677 New MCIs). This represents a total take-up rate by eligible MCI holders of approximately 49.1 percent.

The approximately 2.6 million New MCIs to be issued under the Entitlement Offer and Placement are expected to be allotted on Tuesday 21 October 2025 and commence trading on ASX on a normal settlement basis on Wednesday 22 October 2025. The New MCIs will rank equally with existing mutual capital instruments on issue.

Australian Unity Group Managing Director Rohan Mead said :

“The Entitlement Offer and Placement form part of Australian Unity’s ongoing capital management strategy and improve its balance sheet resilience and flexibility.

“To this end and in line with Australian Unity’s focus on operations that support Real Wellbeing—with the community’s increasing needs in the care economy—the majority of the proceeds of the Entitlement Offer and Placement will be applied to reduce gearing, with funds also providing capacity to support the payment of further acquisition consideration for Plena Healthcare when due. The balance of proceeds will be used for general corporate purposes.”

Holding statements for New MCIs issued under the Entitlement Offer and Placement are expected to be despatched on Wednesday 22 October 2025.

-end-

ASX code:

Contact details: Australian Unity Limited 271 Spring Street Melbourne VIC 3000

The listing of Australian Unity Securities on the ASX does not affect Australian Unity Limited’s 1 status as a mutual entity

Securities on Issue: AYUPA – 5,070,950 AYUHD – 2,070,000 AYUHE – 2,558,050

Enquiries: Australian Unity Registry 1300 554 474

AYU

Issuer: Australian Unity Limited ACN 087 648 888

Tel: 13 29 39

This announcement has been authorised for release by Melinda Honig, Company Secretary.

For further information : Penny Bold Senior Manager – Communications T: 1300 408 776 E: media@australianunity.com.au

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

This announcement is not financial product advice and has not taken into account your objectives, financial situation or needs. This announcement has been prepared for release in Australia. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States or any other jurisdiction in which such an offer or solicitation would be illegal. The New MCIs have not been, and will not be, registered under the U.S. Securities Act of 1933 (U.S. Securities Act) or the securities laws of any state or other jurisdiction of the United States. Accordingly, the New MCIs may not be offered or sold to, directly or indirectly, any person in the United States or any person that is, or is acting for the account or benefit of, any person in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and any other applicable securities law of any state or other jurisdiction of the United States.

Nothing contained in this announcement shall form the basis of any contract or commitment, or constitute investment, legal, tax or other advice. You should make your own assessment and take independent professional advice in relation to the information and any action taken on the basis of the information.

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