New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>RYM reported 67 new unit sales in 2Q27, down -28% year-on-year from 2Q26.</li><li>RYM reported 312 resales for 2Q27, up +14% year-on-year versus 2Q26 and up +18% sequentially on 1Q27.</li><li>Occupancy trends remain positive, with mature occupancy steady at 95.4% in 2Q27.</li></ul>

RYM reported 67 new unit sales in 2Q27, down -28% year-on-year from 2Q26.RYM reported 312 resales for 2Q27, up +14% year-on-year versus 2Q26 and up +18% sequentially on 1Q27.Occupancy trends remain positive, with mature occupancy steady at 95.4% in 2Q27.

Ryman Healthcare (RYM): 2Q27 Sales and Trading Update