HEALIUS LIMITED — Board/Management Information 2016

Feb 29, 2016

ASX Announcement (ASX: PRY)

ASX Limited Market Announcements Office Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000

ACN 064 530 516 ACN 064 530 516 REGISTERED OFFICE: LEVEL 1, 30-38 SHORT STREET LEICHHARDT NSW 2040 TEL: +61 2 9561 3300 FAX: +61 2 9561 3301

1 March 2016

PRIMARY ANNOUNCES THE TRANSITION OF EXECUTIVES

Primary Health Care Limited (“Primary”) today announced with regret the departure of Henry Bateman from the role of General Manager, Medical Centres. Henry has decided for personal reasons to pursue other opportunities. Following Henry’s departure, Primary has announced the separation of bulk billing and private billing within the Medical Centres structure. Dr John Houston has been appointed as General Manager of the bulk billing division and Maxine Jaquet has been appointed as General Manager of a new private billing division. Both John and Maxine will report to Primary’s Managing Director and CEO, Mr Peter Gregg.

Mr Gregg said: "On behalf of Primary's board, management team, our clinicians and staff, I want to thank Henry for his significant contribution to building Primary into the company it is today. Henry has shown great dedication and commitment to Primary and I wish him all the very best in his future endeavours.

“John is an experienced clinician and operational manager who has been a GP for more than 27 years and the Chief Clinical Officer of our Medical Centres division for more than 3½ years. He will run the multi‐disciplinary, bulk billing centres which are core to Primary’s business model. Here, we are investing to grow with the roll out of new healthcare practitioner recruitment packages, the development of education and peer support initiatives, and a pipeline of new centres.

"I am also delighted to welcome Maxine to a newly created role of General Manager of the private billing division. Maxine brings extensive experience as a commercial and operational executive, managing business transformations in the services industry and in regulated environments.

“While bulk billing has been a core philosophy of this company and served us well, diversification of our revenue stream is particularly important as we look to grow in an environment where Government‐funded health care is under constant pressure. To this end, Maxine has been tasked with developing a privately‐billing medical centre model and brand. Success in this area goes hand in hand with our goal of delivering patient‐centric care, supported by software developments from our MedicalDirector division.

“Looking to the future, we aim to grow the size of our Medical Centres network and cement our position as a leading healthcare provider. Combining this with a more flexible cost base, lower leverage, and greater focus on returns on investment, the Group will deliver the pathway for growth. I believe John and Maxine will be integral to our success, working with the rest of the executive team to maximise the value of Primary’s unique platform of assets.” Mr Gregg concluded.

ENDS

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BIOGRAPHIES

Dr John Houston has over 27 years’ experience practising as a General Practitioner and running a medical centre in Ingleburn in South Western Sydney. He is now treating the children and grandchildren of his first patients. John is also an experienced operational manager having been Chief Clinical Officer of Primary’s Medical Centres division for over 3 ½ years. In this role he has been responsible for the recruitment, education and clinical standards of over 1,000 General Practitioners, Dental Practitioners and Physiotherapists, and for the supervision of three day surgery units performing over 5,000 procedures a year. He is a registrar, supervisor and examiner for the Royal Australian College of General Practitioners (“RACGP”) and a faculty member of RACGP NSW.

Maxine Jaquet has extensive commercial and operational line management experience in both consumer goods and industrials sectors. Maxine has managed a number of significant transformations, generating substantial margin improvement and business growth. As the former Head of Alliances, Qantas Airways, Maxine was responsible for over $1 billion in revenue and led the turnaround of the International business, underpinned by the establishment of key joint venture partnerships. Maxine has significant expertise in developing customer‐centric growth, having led a customer transformation program in a global FMCG and managing the Qantas Group’s multi‐brand commercial structure.

For further information contact: Janet Payne – 02 8397 9962 (analysts and investors) Lauren Thompson – 0438 954 729 (media)

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