Virtus Health Limited confirmed its intention to pay a special fully franked dividend of up to 30 cents per Virtus share (Special Dividend) if BGH acquires voting power in Virtus of: (a) 50% by 7pm (Melbourne time) on 31 May 2022; and (b) 90% by 5pm (Melbourne time) on 14 June 2022. There is no certainty that the Special Dividend will be declared or paid, or the amount of the Special Dividend. Under the terms of the Revised BGH Offer, if any Special Dividend is paid and the record date for the Special Dividend occurs before BGH has paid shareholders who accept the Revised BGH Offer, BGH is entitled to deduct the amount of the Special Dividend from the consideration under the Revised BGH Offer.

If the Special Dividend is 30 cents per Virtus share, the consideration payable by BGH will be reduced from $8.15 per share to $7.85 per share, although the amount of cash accepting Virtus shareholders will receive in total from BGH and Virtus is still $8.15 per share.