GREEN CROSS HEALTH LIMITED

Shareholders of Green Cross Health Limited

Green Cross Health Limited is an NZX Main Board issuer with 143,834,147 ordinary shares on issue. The New Zealand Companies Register allocation for company number 941210, as last updated on 8 June 2026, records the following holders of record:

A holder of record is not necessarily a beneficial owner. FNZ Custodians Limited, New Zealand Depository Nominee Limited, Citibank Nominees (New Zealand) Limited, Custodial Services Limited and JBWere (NZ) Nominees Limited are nominee and custodial vehicles that hold shares on behalf of many unrelated underlying clients. A custodian line on a share register carries no information about who ultimately benefits from, or controls, the shares behind it, and should never be read as ownership.

Ultimate beneficial ownership

Two corporate holders each sit well above the 20 per cent threshold in the New Zealand Takeovers Code: LPL Trustee Limited at 31.94 per cent and Cape Healthcare Limited at 31.87 per cent. Together they account for approximately 63.8 per cent of the shares on issue. Because each exceeds 20 per cent, any further increase in their voting control is constrained by the Takeovers Code, and each is a substantial product holder for the purposes of subpart 5 of Part 5 of the Financial Markets Conduct Act 2013. No single holder of record is shown on the register as holding a majority of the shares.

The company’s own governance disclosures identify director Peter Merton in connection with Cape Healthcare Limited and director Andrew Bagnall as a significant investor in the business, and describe director Craig Brockliss as chief executive of Wilton Capital Group, which the company describes as a substantial shareholder. Zavia has not independently verified the controllers of LPL Trustee Limited or Cape Healthcare Limited from a primary filing, so no natural person is stated here as an ultimate beneficial owner.

New Zealand does not operate a public register of beneficial owners. The Companies Register records legal holders of shares only, and there is no publicly searchable UBO register comparable to those maintained in some European jurisdictions. Beneficial ownership of an NZX issuer is therefore visible only through substantial product holder notices filed under the Financial Markets Conduct Act 2013 and the issuer’s own annual report disclosures.

Data availability

The record behind this page previously listed a bare share-register extract of thirteen rows dominated by custodians and nominees — including New Zealand Depository Nominee Limited, FNZ Custodians Limited, Citibank Nominees (New Zealand) Limited and Custodial Services Limited — presented as if it were ownership. It was not ownership, and the percentages in that extract did not match the current register. The figures above are taken from the Companies Register allocation for company number 941210 as at 8 June 2026.

During this review the individual substantial product holder notices filed with NZX and the twenty-largest-holders table in the latest annual report could not be retrieved in full, so the notice dates and the annual report top-20 percentages are not reproduced here. The register allocation above is used in their place and is dated accordingly. Percentages are calculated on 143,834,147 shares on issue. Shareholdings in a listed issuer change continuously; this page is a point-in-time record, not a live register.

Directors and officers of Green Cross Health Limited

The New Zealand Companies Register records seven current directors of company number 941210. Appointment dates below are those shown on the register. Localities are given at city or suburb level only; residential addresses and dates of birth are not published here, although the New Zealand register displays directors’ residential addresses openly.

Nationality is not disclosed. The New Zealand Companies Register does not record directors’ nationality, and no reviewed filing states it, so no nationality is inferred.

Senior executives are not directors and are listed separately. NZX issuer data records Rachael Newfield as Chief Executive Officer and Kalpana Goundar as Chief Financial Officer. Neither is recorded as a director of company number 941210.

Recent officer changes

• 9 September 2025 — Catherine Treneman appointed as a director (Companies Register).
• 6 April 2022 — Craig Michael Brockliss appointed as a director (Companies Register).
• 2 December 2019 — Kimmitt Rowland Ellis appointed as a director; the company records that Peter Merton held the Chair role until December 2019.

Data availability

The officer record behind this page was stale and conflated two different things. It presented a group chief executive title (Rachael Newfield, 1 January 2019) alongside directorships as if both were board appointments, and it was dominated by people who ceased to be directors years ago, including Elizabeth Coutts (resigned 2009), Andrew Forbes Davidson (resigned 2012) and Ian Sharp (resigned 2015), across 37 rows. Of that list only John Bagnall remains a current director. The table above is the current board taken from the Companies Register, with executive roles kept separate.

Appointment dates differ between sources: the company’s own governance page gives approximate years for some directors (for example August 2009 for Mr Bagnall and Mr Bolland, and March 2012 for Mr Orr) that do not match the register. The register dates are used above because the register is the statutory source. Independence characterisations are taken from the company’s published governance page; a full annual report corporate governance statement with a formal independence determination for each director was not retrieved during this review.

Group structure of Green Cross Health Limited

Green Cross Health Limited is the listed parent of the group. No entity sits above it: it is an NZX Main Board issuer, and the register shows no single holder with a majority of its shares, so there is no ultimate parent company. Relationships below were verified individually against the New Zealand Companies Register.

Data availability

The spine of the on-file group tree was checked and only partly holds. Pharmacy Management Limited is confirmed as a directly and wholly owned subsidiary of Green Cross Health Limited. Green Cross Health Medical Limited is confirmed to exist but is no longer part of the group: following the sale of the Medical division announced on 1 June 2026, the register records its entire shareholding as held by Tend Health Networks Limited as at 10 September 2026. Any group tree showing it as a Green Cross Health subsidiary is out of date.

The following entities on file were not verified and are not represented above as confirmed subsidiaries: Pharmacy Store Holdings Limited; the individual pharmacy operating companies including Shirley Pharmacy, Radius Pharmacy and Life Pharmacy Centre Place; and the dozens of medical-centre companies trading as The Doctors. There are too many such entities to check individually, their shareholdings were not confirmed on the register, and an entity name matching a group brand does not establish a group relationship — New Zealand pharmacy companies are frequently owned by individual pharmacists under a franchise or banner arrangement rather than by the listed group.

A search of the register also shows that a tree of this size contains dead entities: Green Cross Health Direct Limited (1698994) and Green Cross Healthcare Limited (529541) are both Removed from the register and should not appear as live subsidiaries.

The total number of subsidiaries is not stated here. The group-composition note in the latest annual report, which is the authoritative source for the consolidated entity list, could not be retrieved during this review, and no subsidiary count is reproduced from an unverified source. Entity statuses and ownership above are taken from the New Zealand Companies Register on the information dates shown.