Mr. Craig Mitchell reports

NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST PROVIDES AN UPDATE ON HEALTHSCOPE

Northwest Healthcare Properties Real Estate Investment Trust has provided an update on Healthscope, the REIT's second-largest tenant.

On Monday, May 26, 2026, Healthscope's parent entities entered receivership, with its lenders appointing McGrathNicol Restructuring to work with Healthscope management to complete an orderly sale of the business.

The operational business, which runs the hospitals, is not in receivership. Healthscope management remains in place and focused on patient care.

Healthscope's announcement indicated that McGrathNicol's intention is to "transition all hospitals to new ownership, with no plans for hospital closures or redundancies."

According to Healthscope, McGrathNicol has been provided with a new $100-million funding package by Commonwealth Bank of Australia to support operations during the sale process. This is in addition to Healthscope's current cash balance of $110-million. A copy of Healthscope's May 26, 2025, news release is available on-line.

Northwest intends to work with McGrathNicol and potential bidders as the sale process continues.

As of today, all rent owing to the REIT from Healthscope (other than the rent subject to rent deferral arrangements disclosed in the REIT's May 14, 2025, press release) has been paid and Healthscope continues to meet all lease obligations.

About Northwest Healthcare Properties Real Estate Investment Trust

Northwest provides investors with access to a portfolio of high-quality international health care real estate infrastructure comprised as at May 14, 2025, of interests in a diversified portfolio of 169 income-producing properties and 15.8 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe and Australasia. The REIT's portfolio of medical outpatient buildings, clinics and hospitals is characterized by long-term indexed leases and stable occupancies. Northwest leverages its global work force in eight countries to serve as a long-term real estate partner to leading health care operators.

We seek Safe Harbor.