Nephrocare Health Services to Consolidate Philippine Subsidiaries

Nephrocare Health Services Limited announced its Board of Directors has approved the rationalization and consolidation of its step-down subsidiaries in the Philippines. This move aims to simplify the group's Philippine operational structure, enhance operational and administrative efficiencies, and strengthen management oversight. The consolidation is expected to improve scalability and align better with the company's international growth strategy. The transaction is an internal reorganization and will not alter the company's ultimate economic interest or control over its Philippine operations. It will be accounted for as a common-control transaction and does not offer specific benefits to the promoter group. Further disclosures will be made as required.