Radius Residential Care (RAD) AGM 2025 summary

Opening remarks and agenda

• Executive Chair welcomed attendees, confirmed a quorum, and outlined safety procedures and meeting format.

• Meeting agenda included strategy, operational updates, Q&A, resolutions, and general business.

• Directors and senior management were introduced, with the agenda covering strategy, operational updates, and voting on three resolutions.

Board and executive committee updates

• Board comprises a mix of experienced independent and executive directors, with recent additions and internal promotions.

• Executive team includes CEO, CFO, COO, and leaders for operations, finance, digital, people, revenue, and RConnect.

Strategic initiatives and plans

• Growth strategy focuses on capital-light acquisitions, revenue diversification, and expansion into in-home and rehabilitation services.

• Recent acquisitions include St. Elisa Care Home and a 51% stake in Cibus Catering Ltd, supporting diversification and earnings growth.

• Nationwide rollout of ACC rehab services and ongoing development of RadPro operational system for efficiency and potential commercialization.

• Capital-light expansion via new-build care homes leased from private investors, with first agreement signed.

• Investment in advanced technologies and AI planned to enhance RadPro and operational excellence.