AUSTRALIAN UNITY LIMITED — M&A Activity 2024

Mar 27, 2024

28 March 2024

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ASX Announcement

Australian Unity completes myHomecare acquisition

Health, Wealth and Care group Australian Unity today completed the acquisition of the myHomecare Group (MHC).

MHC is a national provider of home care and home support services, serving ~20,000 customers.

ASX code: AYU

Securities on Issue: AYUPA – 3,434,000 AYUHC – 321,157 AYUHD – 2,070,000 AYUHE – 2,558,050

Issuer: Australian Unity Limited ACN 087 648 888

Enquiries: Australian Unity Registry 1300 554 474

Contact details: Australian Unity Limited 271 Spring Street Melbourne VIC 3000 Tel: 13 29 39

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

With the acquisition, Australian Unity’s Home Health business will serve more than 50,000 customers, employ over 6,000 people, and provide a full continuum of care services—from personal support through to high acuity clinical and hospital-in-the-home services, on a range of fullymanaged or self-managed bases.

Australian Unity’s Group Managing Director, Rohan Mead emphasised that this acquisition directly aligns the Group’s strategic focus on wellbeing with the community’s increasing needs in the care economy.

“Alongside Australian Unity’s responsibilities to customers and members, we also have a responsibility to use the company’s portfolio capacity in ways that bring benefit to the communities we serve, and this acquisition will materially increase the Community and Social Value delivered by the Group” Mr Mead said.

Australian Unity’s Group Executive – Home Health, Prue Bowden said:

“We are delighted to welcome MHC’s employees and customers to Australian Unity.”

“We take our community responsibility seriously and this acquisition allows us to expand the provision of in-home health and care services to thousands of Australians, ultimately helping people to live well and independently for longer and reducing pressure on healthcare and residential aged care sectors” Ms Bowden said.

-end-

CONFIDENTIAL

This announcement has been authorised for distribution to the ASX by:

Melinda Honig General Counsel and Company Secretary

T: + 61 3 8682 6819

If securityholders or other interested parties require further information, please contact:

Olivia Bilson Manager – Corporate Affairs

T: 1300 408 776

E: media@australianunity.com.au

CONFIDENTIAL